DONGGUAN, China and PLANO, Texas, May 19, 2025 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced that the Company has entered into a share acquisition agreement (the "Agreement") with a shareholder of Dogness Intelligent Technology Co., Ltd. ("DITC") to acquire a 19.5% equity interest in DITC in exchange for Dogness's Class A common share ...

Core Insights - Advantech is showcasing its integration capabilities with NVIDIA Jetson Thor at COMPUTEX 2025, focusing on intelligent mobility, Vision Language Model (VLM) at the edge, and humanoid robotics [1][6] - The MIC-743 Edge AI platform is highlighted for its compact, rugged design and optimized performance for edge applications [1][5] Edge AI Architecture - The system integrates a full sensor-to-inference pipeline, supporting various camera interfaces and utilizing NVIDIA Holoscan Sensor Bridge for low latency applications [2][3] - Data is processed through Advantech's high-speed sensor switch and streamed into the MIC-742, which is built on the NVIDIA Jetson Thor module [3][4] MIC-743 Features - The MIC-743 is designed for harsh environments, offering higher AI performance, lower power consumption, and a smaller footprint compared to traditional x86 systems [5][9] - It supports a range of applications from heavy-duty machinery to humanoid robotics, enabling real-time performance for vision-based decision-making [6][9] Ecosystem Integration - Advantech's experience in edge architecture allows for a ready-to-deploy Edge AI solution, reducing system complexity and deployment time [6][9] - The integration of AI hardware, sensor infrastructure, and networking facilitates multi-tasking capabilities [6][9] Product Specifications - The NVIDIA Jetson Thor Module features 2,070 FP4 TFLOPS AI performance, 128GB LPDDR5X memory, and various I/O options for high-bandwidth sensor input [8] - The rugged design of the MIC-743 allows for operation in temperatures from -10°C to 60°C and withstands vibrations [8]

Core Viewpoint - IHS Holding Limited is expected to report strong first-quarter 2025 results, with earnings projected to increase significantly year-over-year, driven by growth in emerging markets and demand for communication infrastructure [1][4][16]. Financial Performance - The Zacks Consensus Estimate for earnings is 17 cents per share on revenues of $421.3 million, reflecting a 342.9% increase in earnings from the previous year and a 0.8% growth in revenues [1]. - First-quarter earnings estimates have been revised upward by 21.4% over the past 60 days [1]. - IHS has a history of earnings surprises, with an average surprise of negative 46.6% over the last four quarters, but achieved an 812.5% surprise in the last reported quarter [2][3]. Market Position and Growth Drivers - IHS is benefiting from its expanding presence in emerging markets, particularly in Africa, with solid demand for mobile communication infrastructure amid increasing 5G deployment [4][6]. - The company reported a total of 16,495 towers in Nigeria, a 0.6% year-over-year increase, contributing to its performance [5]. - The addition of approximately 100 towers and over 800 tenants in the SSA market in 2024 is expected to drive results [6]. Strategic Initiatives - IHS has successfully renewed and extended all MTN MLAs, including a significant deal with Airtel Nigeria to add 3,950 new tenancies [7]. - The company's strategic priorities and growth investments are anticipated to support sustained growth and shareholder value [16][17]. Valuation and Price Performance - IHS shares have increased by 55.6% over the past three months, outperforming the Zacks Communication - Infrastructure industry's growth of 13.2% and the S&P 500's decline of 4.1% [9]. - The forward 12-month price-to-earnings (P/E) ratio for IHS is 8.04X, below the industry average of 9.89X, indicating an attractive valuation for investors [13].

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Financial Data and Key Metrics Changes - Net sales for Q1 2025 totaled $26.9 million, a decrease of 21.4% from $34.2 million in Q1 2024, impacted by delays in customer approvals and manufacturing efficiencies [15][16] - Gross profit for Q1 2025 was $3.1 million, or 11.1% of net sales, compared to $5.4 million, or 15.9% in the same quarter last year, due to lower sales and reduced facility utilization [16] - Adjusted EBITDA for Q1 2025 was negative $1 million, down from $1.6 million in Q1 2024, reflecting ongoing operational challenges [18] Business Line Data and Key Metrics Changes - The aerospace and defense segment faced revenue impacts due to the closure of the Blue Earth facility and delays in customer approvals for the transfer of programs to the Bemidji facility [4][5] - Customer backlog has stabilized as of March 31, 2025, consistent with the year-end 2024 backlog, with expectations for improved order volume as approvals are completed [16] Market Data and Key Metrics Changes - The company is closely monitoring supply chain strategies as customers evaluate their operations in light of tariff uncertainties, particularly regarding facilities in China and Mexico [6][7] - Opportunities are emerging in China as companies seek to consolidate manufacturing within the region, aligning with the company's nearshoring strategy [7] Company Strategy and Development Direction - The company is focused on reducing operating costs and aligning operations with market demand to drive sustainable long-term EBITDA growth [21] - A three-tier global manufacturing strategy across the US, Mexico, and China is in place to enhance competitiveness and operational flexibility [10][11] - The company is investing in engineering expertise and product innovation, particularly in fiber optic technologies, to meet evolving customer needs [24][26] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the stabilization of customer backlogs and the potential for revenue recovery in the second half of 2025 [5][9] - The company is committed to monitoring geopolitical uncertainties and adjusting strategies to mitigate risks associated with tariffs and supply chain disruptions [6][7] Other Important Information - The company plans to further reduce inventory investments throughout 2025, aiming to improve cash flow and operational efficiency [19][21] - The focus on sustainability and innovation in fiber optics is expected to align with industry trends and customer demands for environmentally friendly solutions [26][27] Q&A Session Summary Question: What are the expectations for future revenue recovery? - Management expects revenue recovery in the second half of 2025 as customer approvals are completed and operational efficiencies improve [5][9] Question: How is the company addressing tariff impacts? - The company is closely monitoring tariff implications and adjusting pricing and sourcing strategies to mitigate adverse effects [7] Question: What innovations are being pursued in product development? - The company is advancing fiber optic technologies, including EBX and AOX, to enhance product performance and meet customer needs [24][26]

Nokia Corporation (NOK) recently announced that Com4, a prominent Mobile Virtual Network Operator, has opted to deploy Nokia’s 5G Standalone Core. Com4 has a presence across various industries, including energy, transport, health and security. Leveraging Nokia’s industry-leading portfolio, Com4 is aiming to deliver secure, reliable IoT connectivity, supporting low latency and high bandwidth communication across these industries.Nokia efficiently supports multiple radio access technologies (2G to 5G SA). Suc ...

Dublin, May 14, 2025 (GLOBE NEWSWIRE) -- The "Smart Trackers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Smart Trackers was valued at US$1.0 Billion in 2024 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global ...

Silicon Laboratories (SLAB) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Company Participants Giovanni Pacelli - Senior Director of FinanceMatt Johnson - President and Chief Executive OfficerDean Butler - CFO & Senior Vice PresidentThomas O'Malley - Director - Equity ResearchTore Svanberg - Managing DirectorJoseph Moore - Managing Director Conference Call Participants Christopher Rolland - Senior Equity AnalystCody Acree - Equity Research AnalystQuinn Bolton - Senior Analyst Operator Hello, my name is Did ...

Financial Data and Key Metrics Changes - Revenue for the first quarter was $178 million, up 7% sequentially and 67% year over year [12][13] - GAAP gross margin was 55%, while non-GAAP gross margin was 55.4%, showing improvement from the previous quarter [14][15] - GAAP loss per share was $0.94, and non-GAAP loss per share was $0.08, beating the midpoint of guidance by $0.01 [16][19] Business Line Data and Key Metrics Changes - Home and Life business revenue was $82 million, up 5% sequentially and nearly doubling year over year with a growth rate of 99% [13][14] - Industrial and Commercial business revenue was $96 million, up 8% sequentially and 47% year over year [12][13] - Distribution partners' sell-through momentum increased, with channel inventory decreasing to 48 days, down from 56 days in the prior quarter [14][18] Market Data and Key Metrics Changes - The company expects to outperform the broader semiconductor market due to strong design win momentum and growth in high-demand sectors like connected healthcare and smart home applications [6][19] - The outlook for the second quarter anticipates revenue in the range of $185 million to $200 million, implying 32% year-over-year growth and 8% sequential growth [19][20] Company Strategy and Development Direction - The company is focused on supply chain diversification and innovative product development, particularly in the IoT space [7][8] - The introduction of new products, such as the BG29 family of Bluetooth SoCs and the MG26 multi-protocol SoC, is expected to drive future growth [9][10] - The company aims to maintain a competitive edge through differentiated technology and a strong product portfolio [11][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to deliver sequential growth despite macroeconomic uncertainties, driven by design win ramps and new product introductions [6][19] - There are no significant impacts from current tariff rules, and customer forecasts remain stable [17][18] - The company is optimistic about growth in the second half of the year, relying on new product ramps rather than broad market recovery [23][25] Other Important Information - The company has completed a review of its supply chain, finding minimal direct impact from current tariff rules [17][18] - The company plans to gradually increase channel inventory to target levels of 70-75 days over the coming quarters [32][55] Q&A Session Summary Question: Thoughts on September and the second half outlook - Management indicated that customer forecasts and inventory levels are behaving well, and growth is expected to come from design win ramps rather than broad market strength [22][23] Question: Performance comparison between Home and Life and Industrial and Commercial - Management noted that Home and Life grew 99% year over year, while Industrial and Commercial grew 47%, with the metering business ramping faster than expected [26][28] Question: Channel inventory strategy for June - The expectation is to increase channel inventory to low 50 days, with a long-term goal of reaching 70-75 days [32][33] Question: Revenue contribution from new products - A majority of incremental revenue is coming from new product ramps, with no significant pricing differences affecting gross margins [34][36] Question: Progress on targeted growth segments - Management confirmed that the three targeted segments are progressing well, with additional growth vectors emerging [38][40] Question: Series two and Series three revenue contribution - Series two is increasingly larger in revenue contribution, while Series three is expected to have higher average selling prices due to enhanced features [43][44] Question: Inventory normalization timeline - Management suggested that normalizing channel inventory to target levels could take until the end of the calendar year or longer, depending on sales trends [55][56] Question: Pricing environment and competition - Pricing remains consistent, with no significant changes affecting market share, as the company focuses on differentiation rather than competing solely on price [57][58]

Geospace (GEOS) Q2 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Richard Kelley - President & CEORobert Curda - EVP & CFOBill Dezellem - Founder, President & Chief Investment OfficerSheldon Grodsky - PresidentScott Bundy - Senior Vice President Investments Operator Welcome to the Geospace Technologies Second Quarter twenty twenty five Earnings Conference Call. Hosting the call today from Geospace is Mr. Rich Kelly, President and Chief Executive Officer. He is joined by Robert Curda, the c ...