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PubMatic Posts Upbeat Q3 Results, Joins Energy Vault, RealReal And Other Big Stocks Moving Higher On Tuesday - BigBear.ai Hldgs (NYSE:BBAI), Clearwater Analytics Hldg (NYSE:CWAN)
Benzinga· 2025-11-11 15:08
Core Insights - U.S. stocks showed mixed performance, with the Dow Jones index increasing by over 100 points on Tuesday [1] Company Performance - PubMatic Inc reported third-quarter earnings of 3 cents per share, surpassing the analyst consensus estimate of a loss of 10 cents per share, and quarterly sales of $67.960 million, exceeding the estimate of $63.768 million [1] - PubMatic shares surged by 33.2% to $10.19 following the positive earnings report [2] - Surmodics Inc experienced a gain of 49.3% to $40.85 after a court denied the FTC's attempt to block GTCR's acquisition [4] - enGene Holdings Inc's shares rose by 36.4% to $8.20 after reporting a 63% complete response rate in its Phase 2 LEGEND study [4] - Energy Vault Holdings Inc's stock increased by 33.1% to $4.72 following its third-quarter results [4] - RealReal Inc's shares climbed by 25.6% to $14.08 after reporting better-than-expected third-quarter results and raising its FY25 sales guidance [4] - Hallador Energy Co reported better-than-expected quarterly sales, leading to a 19.3% increase in its stock price to $23.87 [4] - BigBear.ai Holdings Inc's shares rose by 17.3% to $6.71 after announcing better-than-expected quarterly results and the acquisition of Ask Sage [4] - Paramount Skydance Corp's stock gained 10.9% to $16.92 after reporting third-quarter results and issuing optimistic fourth-quarter sales guidance [4] - Clearwater Analytics Holdings Inc's shares increased by 9.3% to $18.24 [4] - Rocket Lab Corp's stock rose by 8.3% to $56.27 after reporting better-than-expected third-quarter results and issuing positive fourth-quarter sales guidance [4] - Viasat Inc's shares gained 8.1% to $39.96 after an upgrade from JP Morgan analyst Philip Cusick, who raised the price target from $23 to $50 [4] - Soleno Therapeutics Inc's stock rose by 6.7% to $49.42 after announcing a $100 million accelerated share repurchase plan [4]
X @Bloomberg
Bloomberg· 2025-11-11 02:12
Billionaire Gautam Adani plans to build a multi-billion dollar battery energy storage system in western India to support his group’s renewable energy ambitions, according to sources https://t.co/mgVDNdhEJt ...
Green Impact Partners Announces Corporate Update
Newsfile· 2025-11-10 22:52
Core Viewpoint - Green Impact Partners Inc. (GIP) has successfully renegotiated terms related to a $7.5 million termination fee, allowing the company to regain control of a water and recycling operating asset, which is expected to contribute an additional $3-5 million in EBITDA [1][2]. Group 1: Financial Updates - GIP has executed a senior secured debenture financing term sheet to pay off current corporate debt and provide additional working capital [2]. - The company has amended its corporate credit facility to waive certain events of default, contingent upon meeting specific covenants and conditions [3]. Group 2: Project Developments - The Future Energy Park is highlighted as a premier biofuels development in North America, with anticipated support from the Canadian federal government, which is expected to benefit the project [4]. - GIP has settled disputes in the Colorado Joint Venture (JV) by executing an amended partnership agreement, granting GIP US exclusive management control [5]. Group 3: Company Overview - GIP focuses on sustainable energy solutions by converting waste into energy, with a portfolio that includes renewable natural gas and bioenergy projects, as well as water and solids treatment facilities [6].
Sparq Announces AI-Driven Grid Power Control Device
Newsfile· 2025-11-10 22:00
Toronto, Ontario--(Newsfile Corp. - November 10, 2025) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) ("Sparq" or the "Company") is pleased to announce that it has developed an AI-driven grid-power control ("GPC") device for residential, commercial and industrial solar applications.With the rapidly growing solar market, there are multitudes of new applications which require precise power control between the solar electricity generation, the load demand, and the power grid. The GPC device can b ...
Gevo Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-10 21:01
Core Insights - Gevo, Inc. reported a loss from operations of $3.7 million for Q3 2025, but achieved positive Adjusted EBITDA of approximately $6.7 million, marking the second consecutive quarter of positive Adjusted EBITDA [1][2][5] Financial Performance - The company generated total operating revenues of $42.7 million for Q3 2025, a significant increase of $40.7 million compared to Q3 2024, primarily driven by $38.2 million in revenue from Gevo North Dakota [8][27] - The cost of production increased by $19.7 million during Q3 2025 compared to the same period in 2024, largely due to production costs at Gevo North Dakota, although offset by $11.8 million in tax credits [9][27] - The net loss attributable to Gevo for Q3 2025 was $7.95 million, with a net loss per share of $0.03 [27][36] Operational Highlights - Gevo produced approximately 17 million gallons of low-carbon ethanol, 46 thousand tons of protein and corn oil co-products, 42 thousand tons of sequestered carbon, and 92 thousand MMBtu of renewable natural gas (RNG) during Q3 2025 [2][5] - The company signed a multi-year offtake agreement expected to generate approximately $26 million in Carbon Dioxide Removal (CDR) credit sales revenues over five years [2][5] Strategic Developments - Gevo is targeting a Final Investment Decision (FID) in mid-2026 for its planned ATJ-30 facility to produce jet fuel from existing low-carbon ethanol production [2][5] - The company received an extension on a $1.46 billion loan guarantee from the U.S. Department of Energy until April 16, 2026, allowing for potential modifications to the project scope [2][5] Asset Management - Gevo completed the sale of its subsidiary, Agri-Energy, LLC, for $2 million in cash, which is expected to eliminate approximately $3 million in annual facility idling costs [3][5] - The company ended Q3 2025 with cash, cash equivalents, and restricted cash totaling $108.4 million [6][8]
Houston American Energy Corp. Reports Preliminary, Unaudited Results for Third Quarter 2025
Globenewswire· 2025-11-10 13:30
Core Viewpoint - Houston American Energy Corp. announced preliminary, unaudited financial results for Q3 2025, highlighting significant operational changes and financial metrics following its acquisition of Abundia Global Impact Group [1][2][3] Financial Performance - Total operating expenses for Q3 2025 are expected to be approximately $3.8 million, an increase of $2.7 million compared to Q2 2025, attributed to the costs associated with the acquisition and integration efforts [5] - Preliminary cash and cash equivalents as of September 30, 2025, are expected to be approximately $1.5 million [5] - Preliminary goodwill as of September 30, 2025, is expected to be approximately $13.0 million [5] - Preliminary land asset as of September 30, 2025, is expected to be approximately $8.6 million [5] - Preliminary debt as of September 30, 2025, is expected to be approximately $11.0 million [5] Strategic Initiatives - The company completed the acquisition of a 25-acre site in Cedar Port, Baytown, TX, to support its growth strategy [5] - Nexus PMG has been appointed as the Engineering and Service Provider to assist in the development of the AGIG Plastics Recycling Facility and Innovation Hub [5] - The company has broken ground on the AGIG Innovation Hub and R&D Center at Cedar Port [5] - A binding term sheet has been executed with BTG Bioliquids B.V. for further development of biomass to liquid fuels and sustainable aviation fuel [5] - A new Board of Directors has been established following the acquisition of AGIG, integrating experienced industry and financial leaders to support the transition into low-carbon fuels and chemicals [5]
Canadian Solar (CSIQ) Stock Shines 37% Brighter – Here’s Why
Yahoo Finance· 2025-11-10 13:04
Core Insights - Canadian Solar Inc. (NASDAQ:CSIQ) experienced a significant increase in share price, soaring by 37.14% week-on-week, driven by positive investor sentiment following the commissioning of a new 220 MWh battery energy storage system in Australia [1][2] - The company's subsidiary, e-STORAGE, successfully achieved commercial operations of the DC Mannum battery storage project for Epic Energy, contributing to the stock's rise above the $20 level and reaching a new all-time high [1][2] Company Developments - e-STORAGE has entered into a long-term service agreement to support the ongoing performance and operational management of the battery storage project, indicating a commitment to long-term value creation [2] - e-STORAGE has established itself as a leading provider in the region, with over 1.8 GWh of Battery Energy Storage Systems (BESS) under construction in Australia [2] - Canadian Solar has shipped over 13 GWh of battery energy storage solutions globally and has a contracted backlog valued at $3 billion as of June 30, 2025 [2]
Shell exits two wind projects off the UK coast after strategic review
Reuters· 2025-11-10 10:18
Core Insights - Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review [1] Company Actions - The decision to exit these projects indicates a shift in Shell's strategic focus [1] - The company is likely reassessing its investment priorities in the renewable energy sector [1] Industry Implications - This exit may reflect broader trends in the renewable energy market, where companies are evaluating the viability and profitability of specific projects [1] - The move could impact investor sentiment towards similar offshore wind projects in the region [1]
X @Bloomberg
Bloomberg· 2025-11-10 08:00
India’s power grid is struggling to absorb a surge in solar power installations, leading to more curtailment https://t.co/PbBIk7Xjow ...
X @The Economist
The Economist· 2025-11-10 05:20
By the end of this year, Pakistan’s cumulative solar imports are expected roughly to match the installed generation capacity of the national power system https://t.co/jwJrhMNOnm ...