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VEEV Rises 29% in 3 Months: Should You Buy the Stock Now or Wait?
ZACKS· 2025-07-08 17:06
Key Takeaways VEEV rose nearly 29% in three months, driven by strong Q1 results. VEEV's Vault CRM has over 80 customers, with plans to more than double that number by the end of 2026. VEEV to launch AI tools like CRM Bot, as Crossix and CRM Pulse see rising adoption among pharma clients.Veeva Systems (VEEV) has been on a strong upswing, with its stock climbing nearly 29% over the past three months. The rally followed the company’s solid earnings for the first quarter of fiscal 2026, where revenues came in ...
Jennifer Wolfenbarger Joins Franklin Electric as Chief Financial Officer, Bringing Extensive Financial Leadership in Global Operations
Globenewswire· 2025-07-07 20:49
Company Announcement - Franklin Electric Co., Inc. has appointed Jennifer Wolfenbarger as Chief Financial Officer (CFO) and Chief Accounting Officer, aiming to shape the company's financial future and oversee fiscal accountability [1][3] Executive Background - Wolfenbarger has held divisional CFO roles at notable manufacturing companies such as Caterpillar, Stryker, and Owens Corning, where she managed strategic planning and financial reporting for a $4 billion global insulation business [2][3] Leadership Perspective - CEO Joe Ruzynski praised Wolfenbarger's exceptional experience and value-driven approach, highlighting her potential to enhance continuous improvement within the company [3] Community Engagement - Throughout her career, Wolfenbarger has contributed to her community by serving as Treasurer on not-for-profit boards and mentoring at Indiana University's Kelley School of Business [3] Company Overview - Franklin Electric is a global leader in producing and marketing systems and components for water and energy movement, serving various sectors including residential, commercial, and industrial applications [4] Recognition - The company has received accolades such as being listed in Newsweek's America's Most Responsible Companies 2024 and Best Places to Work in Indiana 2024, reflecting its commitment to corporate responsibility and employee satisfaction [4]
Worksport Delivers Record Production With 100%+ Margin Growth as Revenue Tracks Toward $20M Milestone Ahead of Clean-Tech Product Launch
Globenewswire· 2025-07-07 13:01
Core Insights - Worksport Ltd. has achieved a 50% increase in monthly production volume since March 2025 and over 100% improvement in gross margins over the past five months, driven by increasing demand [1][4] - The company set a new monthly production record in May 2025, producing more units than in the entire third quarter of 2024, indicating significant operational efficiency [2] - Worksport's distribution network has expanded nearly six-fold, from 94 dealers in Q4 2024 to over 550, with many small orders evolving into full partnerships [3] Production and Efficiency - The company is evaluating an expanded production schedule due to accelerating demand and orders consistently outpacing supply [3] - The operational efficiency is further supported by a $2.8 million job creation grant awarded in 2024 [3] - Gross margin has increased from 11% in Q4 2024 to over 23% in May 2025, with projections to exceed 30% by year-end [4] Financial Performance - Worksport's revenues were $1.5 million in 2023 and $8.5 million in 2024, with expectations to surpass $20 million in 2025 [5] - The company aims to grow its tonneau cover business to over $100 million annually in the short term, with potential for its upcoming products to exceed that [5] Product Development and Market Strategy - The company is preparing to launch the SOLIS solar-integrated tonneau cover and COR portable nano-grid power system in Fall 2025, targeting a combined $13 billion market [7] - A top 15 U.S. construction company has selected the SOLIS & COR for a paid pilot project, indicating strong market interest [8] Supply Chain and Manufacturing - Worksport's products are predominantly made in America, reducing the impact of tariffs and aligning with domestic manufacturing efforts [6] - The company emphasizes its commitment to supporting brick-and-mortar resellers while maintaining modest margins on dealer sales [4]
ParaZero Successfully Achieved 100% Effectiveness Against Fast-Incoming Drone Threats in Live Field Demonstration
Globenewswire· 2025-07-07 12:20
Core Insights - ParaZero Technologies Ltd. successfully demonstrated its DefendAir™ Personal Net Gun System to senior Israeli defense leadership, showcasing its capabilities in countering drone threats [1][2][4] - The demonstration achieved a 100% interception success rate against fast-approaching multirotor drones, highlighting the system's effectiveness in real-time scenarios [2][4] - The event underscored the increasing need for advanced defense strategies against drone incursions, particularly for non-transmitting drones that traditional methods cannot intercept [3] Company Overview - ParaZero Technologies is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, founded in 2014 by aviation professionals and drone industry veterans [6] - The DefendAir system is designed for portability and rapid response, providing a non-lethal solution for intercepting rogue drones, particularly in sensitive environments like airports [5][6] - The company aims to enhance safety in drone operations over populated areas and beyond-visual-line-of-sight (BVLOS), as well as for military applications [6]
NAPCO Security Technologies(NSSC) - 2018 Q4 - Earnings Call Presentation
2025-07-04 14:04
NASDAQ:NSSC Protecting America's Homes, Schools and Businesses! September 2018 Corporate Presentation Forward Looking Statements This presentation may contain forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission. 2 Company Overview Leader ...
NAPCO Security Technologies(NSSC) - 2024 Q4 - Earnings Call Presentation
2025-07-04 13:59
August 2024 (NSSC:NASDAQ) Disclaimer Special Note on Forward-Looking Statements This presentation contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to growth drivers of Napco Security Technologies, Inc.'s (the "Company") business such as school securi ...
Are Computer and Technology Stocks Lagging Nova Ltd. (NVMI) This Year?
ZACKS· 2025-07-03 14:41
Group 1 - Nova Ltd. (NVMI) has shown strong year-to-date performance, returning 40.4%, significantly outperforming the average return of 7% for the Computer and Technology sector [4] - The Zacks Rank for Nova Ltd. is 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings outlooks [3] - Over the past three months, the Zacks Consensus Estimate for NVMI's full-year earnings has increased by 3.9%, reflecting positive analyst sentiment [4] Group 2 - Nova Ltd. is part of the Electronics - Semiconductors industry, which consists of 44 companies and has gained approximately 13.3% year-to-date, indicating that NVMI is outperforming its industry peers [6] - IonQ, Inc. (IONQ) is another notable stock in the Computer and Technology sector, with a year-to-date return of 7.1% and a Zacks Rank of 2 (Buy) [5] - The Computer - Integrated Systems industry, to which IonQ belongs, has seen a year-to-date increase of 26.5%, ranking 19 among 11 industries [6]
Half-year statement on Nexans liquidity contract - January 1st to June 30th, 2025
Globenewswire· 2025-07-02 14:15
Group 1 - Nexans has a liquidity contract with NATIXIS ODDO BHF, with assets reported as of June 30, 2025 [1] - The liquidity contract is in accordance with AMF decision no. 2018-01 and decision no. 2021-01 [1] - Nexans generated €7.1 billion in standard sales in 2024 and is a leader in cable systems and services [2] Group 2 - Nexans employs approximately 28,500 people across 41 countries [2] - The company is committed to achieving Net-Zero emissions by 2050, aligned with the Science Based Targets initiative [2] - The liquidity account showed various transactions, including 49,612 shares and €3,006,649.02 in cash for the first half of 2025 [4]
3 Stocks With Near-Unanimous Buys That Could Rally Higher
MarketBeat· 2025-07-02 12:18
Group 1: BlackSky Technology - BlackSky Technology Inc. has seen a 21% increase in share price due to a $24 million contract with the National Geospatial-Intelligence Agency, which is part of a larger potential business opportunity [4][6] - The company is expanding its satellite project to enhance its high-frequency monitoring capabilities, with initial launches expected in 2027 [5] - BlackSky's subscription-based geospatial intelligence service has a backlog exceeding $350 million and year-over-year sales growth over 20%, although it continues to face quarterly losses [6] Group 2: Core Scientific - Core Scientific Inc. shares surged approximately 49% following renewed acquisition talks with AI hyperscaler CoreWeave, which previously made an unsolicited offer of $5.75 per share in 2024 [7][8] - The company's market capitalization has surpassed $5 billion, indicating strong investor interest and potential for a premium acquisition offer [8] - Core Scientific has established multiple agreements with CoreWeave, enhancing its infrastructure capabilities despite the previous failed acquisition attempt [9] Group 3: Ambarella - Ambarella Inc. experienced a rally amid speculation of a potential sale, although this remains unconfirmed [11] - The company's Edge AI system-on-a-chip solutions are gaining traction in the market, which could support its recovery following a challenging 2024 [12] - Analysts have a consensus rating of eight Buys and four Holds for Ambarella, with a price target suggesting a 28% upside potential [12]
Here's Why Silicon Motion (SIMO) Fell More Than Broader Market
ZACKS· 2025-07-01 23:00
Company Performance - Silicon Motion (SIMO) closed at $74.29, down 1.17% from the previous trading session, underperforming the S&P 500's loss of 0.11% [1] - Over the past month, shares of Silicon Motion have increased by 18.27%, while the Computer and Technology sector gained 8.76% and the S&P 500 gained 5.17% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.52, reflecting a 45.83% decline compared to the same quarter last year [2] - Quarterly revenue is anticipated to be $180.4 million, down 14.37% from the previous year [2] Full Year Projections - For the full year, earnings are projected at $3.41 per share and revenue at $815.03 million, indicating changes of -0.58% and +1.43% respectively from the prior year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for Silicon Motion are indicative of shifting business dynamics, with positive revisions suggesting optimism about the business outlook [3] - The Zacks Rank system currently rates Silicon Motion as 2 (Buy), with a 0.21% increase in the consensus EPS estimate over the last 30 days [5] Valuation Metrics - Silicon Motion has a Forward P/E ratio of 22.02, which is higher than the industry average of 20.09 [6] - The company also has a PEG ratio of 10.39, compared to the industry average PEG ratio of 4.32 [6] Industry Context - The Computer - Integrated Systems industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 22, placing it in the top 9% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]