HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS) ("OSI Systems†or the "Company†) announced today that its Security division has received an order valued at approximately $20 million from an international customer to deliver a comprehensive radiological threat detection solution. The Company expects to support the deployment of a radiation monitoring network across a wide area to detect radioactive threats. The fully integrated network will operate continuously to monitor th. ...

Atlanta, GA, Nov. 24, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced that it has entered into a non-binding term sheet with ARC Group International Ltd. (“ARC Group”) for a proposed $20 million subordinated convertible note facility financing (the “Proposed Financing”). The Company believes that this prospective financing will complement and operate alongside the Com ...

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $42.9 million, representing a 57% year-over-year increase, driven by strong new customer acquisition and expanded deployments [7][21] - Annual recurring revenue (ARR) reached $117.2 million, reflecting a 25% year-over-year growth [11][25] - Adjusted EBITDA was positive at $5.1 million, compared to a loss of $3 million in the same quarter last year, resulting in an adjusted EBITDA margin of 12% [28][29] - Adjusted gross margin was 51% in Q3, down from 64% in the same period last year [27][29] Business Line Data and Key Metrics Changes - The company welcomed over 60 new customers in Q3, raising the year-end estimate for active subscriptions to between 8,000 and 8,100 [12][21] - The deployment of the new autonomous AI-powered bag screening solution, Expedite, gained traction with 12 new customers added in Q3, primarily in schools [13][19] - The company reported a sequential 8% increase in remaining performance obligation (RPO), which stood just shy of $300 million at the end of Q3 [12][25] Market Data and Key Metrics Changes - The company noted strong demand across various sectors, including education, healthcare, and sports, with significant contracts signed in these markets [16][17] - The largest customer contract in the company's history, involving more than 250 units, contributed approximately $3 million in revenue in Q3 [25][30] Company Strategy and Development Direction - The company is transitioning to a direct distribution model, which is expected to enhance recurring revenue and cash flow over time [10][23] - The management emphasized the importance of ARR growth and plans to add more units in 2026 than in 2025, with expectations for ARR growth to outpace total revenue growth [22][35] - A new strategic partnership with Plexus aims to expand production capacity and operational resiliency [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's market position and the ongoing transition to a direct fulfillment model, which simplifies the buying process for channel partners [45][46] - The company raised its 2025 revenue growth outlook to 37%-40%, up from previous guidance of 27%-30% [21][29] - For 2026, the company anticipates revenue of $160 million to $165 million, with ARR expected to grow by at least 20% year-over-year [34][35] Other Important Information - The company has made significant product updates, including new software versions aimed at improving performance and user experience [19][20] - The company screened over 3 billion visitors since the launch of Evolv Express, demonstrating the impact of its technology on community safety [13][14] Q&A Session Summary Question: Can you help me understand the revenue recognition for the large contract? - Management explained that the legacy distribution model results in more upfront revenue, but they expect normalization in revenue recognition as they transition to direct fulfillment [40][41] Question: What impact do you expect from the new strategic contract manufacturer agreement? - Management anticipates cost synergies and larger scale manufacturing capabilities from the partnership with Plexus, which will eventually include all product lines [42] Question: What is the attachment rate for Expedite with Express machines? - Management reported that 11 out of 12 new Expedite customers also acquired Express, indicating strong cross-selling success [43] Question: What percentage of bookings came from existing customers? - Over 50% of bookings came from existing customers, with significant expansions noted [47] Question: Are there promising new verticals for growth? - The company sees opportunities in various sectors, including sports, entertainment, education, and healthcare, while maintaining a consistent vertical mix [48]

Core Insights - SoundThinking, Inc. reported worse-than-expected Q3 financial results, with losses of 16 cents per share compared to the analyst consensus estimate of 6 cents per share [1] - Quarterly sales were $25.100 million, missing the analyst consensus estimate of $27.953 million [1] - The company cut its FY2025 sales guidance from a range of $111 million-$113 million to $104 million [2] Financial Performance - Q3 losses were reported at 16 cents per share, missing expectations [1] - Sales for the quarter were $25.100 million, below the expected $27.953 million [1] Guidance Update - FY2025 sales guidance was revised down from $111 million-$113 million to $104 million [2] Company Developments - The company is focused on enhancing community safety through data and technology, with recent expansions in its ShotSpotter footprint and new AI capabilities [3] - The Net Promoter Score increased from 66 to approximately 70, indicating strong customer satisfaction and retention [3] Market Reaction - Following the earnings announcement, SoundThinking shares fell by 19.6%, trading at $6.78 [3] Analyst Ratings - Cantor Fitzgerald analyst maintained an Overweight rating but lowered the price target from $20 to $16 [6] - Citizens analyst also maintained a Market Outperform rating while reducing the price target from $19 to $16 [6]

Core Insights - SoundThinking, Inc. reported worse-than-expected Q3 financial results, with losses of 16 cents per share compared to the analyst consensus estimate of 6 cents per share [1] - Quarterly sales were $25.100 million, missing the analyst consensus estimate of $27.953 million [1] - The company cut its FY2025 sales guidance from a range of $111 million to $113 million down to $104 million [2] Financial Performance - The reported quarterly losses were significantly higher than expected, indicating potential challenges in revenue generation [1] - The sales figure of $25.100 million reflects a shortfall against market expectations, suggesting weaker demand or operational issues [1] Management Commentary - CEO Ralph Clark emphasized the company's commitment to enhancing community safety through data and technology, highlighting recent advancements such as the expansion of ShotSpotter and the introduction of new AI capabilities [3] - The company's Net Promoter Score improved from 66 to approximately 70, indicating strong customer satisfaction and retention [3] Market Reaction - Following the earnings announcement, SoundThinking shares experienced a significant decline of 19.6%, trading at $6.78 [3] Analyst Ratings - Cantor Fitzgerald analyst Jonathan Ruykhaver maintained an Overweight rating but lowered the price target from $20 to $16 [6] - Citizens analyst Trevor Walsh also maintained a Market Outperform rating while reducing the price target from $19 to $16 [6]

Core Insights - Cloudastructure reported a significant 272% year-over-year increase in revenue for Q3 2025, reaching $1.45 million, driven by the adoption of AI-driven surveillance solutions and expanding recurring revenue streams [1][12] - The company signed contracts totaling $4.79 million year-to-date, more than triple the total for the full year of 2024, indicating strong contract momentum [1][6] - A strategic customer financing partnership was launched to eliminate high upfront costs, facilitating larger-scale projects and faster revenue recognition [3][6] Financial Performance - Total revenue increased to $1.45 million in Q3 2025 from $390,000 in Q3 2024, with notable increases in various segments: Remote Guarding services revenue rose by 154%, hardware sales increased by 144%, and cloud video surveillance subscriptions grew by 142% [12][11] - Gross profit surged to $720,000 in Q3 2025, compared to $64,000 in the same period last year, reflecting improved economies of scale and higher-margin recurring revenue [13] - Despite the revenue growth, the net loss for Q3 2025 was $2.06 million, up from $1.72 million in Q3 2024, as the company continued to invest in sales, marketing, and product development [14] Technological Advancements - Cloudastructure introduced advanced compression technology that reduces bandwidth consumption by up to 50%, allowing customers to support more cameras per edge device and improving scalability [5][6] - Enhancements to the AI analytics platform improved detection accuracy and reduced false positives, enabling faster operator response times [4][6] - New automation and adaptive learning capabilities were added to the AI platform, enhancing analytics performance and system scalability [7] Market Expansion and Recognition - The company is experiencing rapid adoption of its solutions across multifamily and commercial portfolios, including luxury developments [6][9] - Cloudastructure's Alpha™ Mobile Surveillance Trailer was recognized as Project Management Solution of the Year at the 2025 PropTech Breakthrough Awards, highlighting its innovation in modular surveillance technologies [9][6] - The company successfully deployed its AI Surveillance and Remote Guarding solutions across two luxury multifamily properties in Columbia, Maryland, marking a significant engagement with a major multifamily operator [8][6] Operational Strength - The number of properties serviced increased by 83%, indicating strong operational growth [11] - The company has authorized a share repurchase program, reflecting confidence in its long-term growth strategy and financial strength [10][6]

Core Points - Xtract One Technologies Inc. held its annual general and special meeting of shareholders on November 12, 2025, where all proposed resolutions were voted on and approved [1][2] - A total of 93,040,691 common shares were voted, representing 38.753% of the 240,088,987 issued and outstanding common shares [2] - All nominees for the board of directors were elected with significant support, with Peter Evans receiving the highest percentage of votes for at 97.145% [2] Company Overview - Xtract One Technologies is a technology company focused on digital transformation in physical security through its AI-powered threat detection platform [1][3] - The company provides unobtrusive weapons and threat detection systems aimed at enhancing safety while improving patron access control experiences [3] - Xtract One's solutions are designed for various sectors, including schools, hospitals, arenas, and manufacturing, positioning the company as a market leader in security solutions [3] Meeting Resolutions - The meeting set the number of directors at five for the upcoming year [5] - Davidson & Company LLP was appointed as the auditor for the ensuing year, with directors authorized to fix the auditor's remuneration [5] - The company's Omnibus Equity Incentive Plan was re-approved, along with the approval of all unallocated awards under the plan [5]

Core Viewpoint - Gorilla Technology Group Inc. will hold a conference call on November 18, 2025, to discuss its Q3 2025 financial results, which will be released prior to the call [1]. Group 1: Conference Call Details - The conference call is scheduled for November 18, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) [2]. - Participants can join the call using a toll-free number or an international line, with a conference ID provided for registration [2]. Group 2: Company Overview - Gorilla Technology Group Inc. is headquartered in London, U.K., and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [3]. - The company offers a variety of solutions across sectors such as Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [3]. Group 3: Technological Expertise - The company specializes in enhancing urban operations, security, and resilience through AI-driven products, including intelligent video surveillance, facial recognition, and advanced cybersecurity technologies [4]. - By integrating these technologies, Gorilla aims to empower Smart Cities, improving efficiency, safety, and overall quality of life for residents [4].

Atlanta, GA, Nov. 12, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced its participation as an exhibiting company at the recently held World Nuclear Exhibition (WNE) to being help in Paris, France from 4–6 November 2025 at the Paris Nord Villepinte exhibition centre. The World Nuclear Exhibition is known as the premier global gathering for the civil nuclear industry, u ...

Accessibility StatementSkip Navigation OTTAWA, Ontario, Nov. 11, 2025 /PRNewswire/ -- Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, will report financial results for its third quarter ended September 30, 2025, on Tuesday, November 25, 2025. Management will conduct a conference call to review the Company's financial results at 5:00 p.m. Eastern Time the same day. Earnings Conference Call I ...