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Identiv Sets First Quarter 2025 Earnings Call for Wednesday, May 7, 2025, at 5:00 PM EDT
Prnewswire· 2025-04-22 11:00
About Identiv Identiv's RFID- and BLE-enabled IoT solutions create digital identities for physical objects, enhancing global connectivity for businesses, people, and the planet. Its solutions, integrated into over 1.5 billion applications worldwide, drive innovation across healthcare, consumer electronics, luxury goods, smart packaging, and more. For additional information, visit identiv.com. Identiv Investor Relations Contact: [email protected] SANTA ANA, Calif., April 22, 2025 /PRNewswire/ -- Identiv, Inc ...
KORE Reschedules Earnings Release and Conference Call
Prnewswire· 2025-04-15 12:00
Core Points - KORE Group Holdings, Inc. has postponed the release of its financial results for the fourth quarter and full year ended December 31, 2024, which was originally scheduled for April 15, 2025 [1][2] - The new expected date for the financial results release is after market close on April 30, 2025, along with the filing of its Annual Report on Form 10-K [1][2] - A live webcast conference call to discuss the financial results is scheduled for April 30, 2025, at 5:00 p.m. Eastern Daylight Time [2] Company Overview - KORE is recognized as a leader in providing mission-critical IoT solutions and services, aimed at simplifying the complexity of IoT for organizations of all sizes [3] - The company emphasizes its deep IoT knowledge, global reach, and purpose-built solutions to enhance operational and business results for its customers [3]
ARB IOT Group Limited Secures Approximately USD53.0 Million Order for Supplying AI Servers
Newsfilter· 2025-04-14 20:30
Core Insights - ARB IOT Group Limited has secured a contract worth approximately USD53.0 million to provide AI data centre server solutions to Whizzl Group, marking a significant advancement in AI infrastructure capabilities in Malaysia [1][2][3] Company Overview - ARB IOT Group Limited specializes in providing comprehensive solutions for the integration of Internet of Things (IoT) systems, including design, project deployment, and system support services [4] Contract Details - The agreement involves supplying ARB-222 AI servers, which are designed to meet the high-performance demands of modern data-intensive operations, facilitating accelerated AI model training and faster data processing [2][3] - This contract is expected to enhance ARB IOT's revenue base and credibility in the enterprise-scale AI infrastructure market, while also expanding its project portfolio and client references [3] Strategic Implications - Securing this contract is seen as a strategic move that supports the company's long-term growth strategy by enhancing innovation through real-world deployment at scale and opening doors to further opportunities in the high-growth AI and data centre sectors [3]
Identiv Appoints Seasoned Financial Expert Mick Lopez to Board of Directors
Prnewswire· 2025-04-14 20:15
New Director Brings Strong Record of Delivering Shareholder Value to Identiv's BoardSANTA ANA, Calif., April 14, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE), a global leader in RFID and BLE-enabled Internet of Things (IoT) solutions, today announced the appointment of Mick Lopez to its Board of Directors. Mr. Lopez is a public company board director and former CFO who brings decades of strategic and financial governance expertise to Identiv's Board of Directors. His extensive experience in mergers and ...
KORE to Report Fourth Quarter and Full Year 2024 Results on April 15, 2025
Prnewswire· 2025-03-31 20:15
Core Insights - KORE Group Holdings, Inc. will release its financial results for Q4 2024 and the full year 2024 on April 15, 2025, after U.S. market closing [1] - A live webcast will be hosted on the same day at 5:00 p.m. Eastern time to discuss the financial results, followed by a Q&A session [1] Company Overview - KORE is recognized as a pioneer and leader in delivering mission-critical IoT solutions and services, aimed at simplifying the complexity of IoT for organizations of all sizes [2] - The company emphasizes its deep IoT knowledge, global reach, purpose-built solutions, and deployment agility to enhance operational and business results for its customers [2]
Why Samsara Stock Is Plummeting Today
The Motley Fool· 2025-03-07 17:53
Core Viewpoint - Samsara's stock is experiencing a significant decline despite beating earnings expectations due to concerns over future guidance and growth prospects [1][2][3]. Financial Performance - Samsara reported non-GAAP earnings per share of $0.11 on sales of $346.29 million for Q4, surpassing analyst estimates of $0.07 per share on sales of $335.6 million [2]. - Year-over-year sales growth was 25.3%, and adjusted earnings per share improved from $0.04 in the prior-year quarter [3]. Future Guidance - For the upcoming year, management forecasts sales between $1.523 billion and $1.533 billion, with the midpoint slightly below the Wall Street target of $1.53 billion [4]. - Adjusted earnings per share are projected to be between $0.32 and $0.34, exceeding the average analyst estimate of $0.28 [4]. Investor Sentiment - Investors were expecting a stronger sales forecast to justify the company's growth-dependent valuation, leading to concerns about the high level of stock-based compensation affecting adjusted earnings [5].