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Identiv Partners with Tag-N-Trac to Market IoT Solutions for Cold Chain Tracking and Compliance
Prnewswire· 2025-04-24 11:00
Core Insights - Identiv, Inc. has announced a strategic partnership with Tag-N-Trac to enhance supply chain visibility for pharmaceutical companies through specialized IoT solutions focused on cold chain tracking [1][4] Company Overview - Identiv is a leader in RFID- and BLE-enabled IoT solutions, with its technology integrated into over 1.5 billion applications globally, driving innovation across various sectors including healthcare and consumer electronics [6] - Tag-N-Trac provides a full stack IoT platform for real-time supply chain visibility and traceability, focusing on solving complex supply chain and inventory management challenges [7] Partnership Details - The partnership combines Identiv's advanced BLE smart labels with Tag-N-Trac's RELATIVITY™ SaaS platform, which offers item-level visibility and actionable insights from origin to delivery [2] - The RELATIVITY platform enables real-time monitoring of ambient conditions such as temperature and humidity, ensuring compliance for temperature-sensitive products [2][3] Industry Context - The need for real-time data and visibility in the pharmaceutical cold chain is increasing due to growing regulatory requirements and patient safety concerns [3] - The collaboration aims to provide pharmaceutical companies with the necessary data intelligence to manage temperature-sensitive products safely and efficiently [4]
KORE Receives NYSE Notice Regarding Late Form 10-K Filing
Prnewswire· 2025-04-22 21:00
Core Viewpoint - KORE Group Holdings, Inc. has received a notice from the NYSE regarding non-compliance due to the late filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 [1][2]. Group 1: Compliance and Filing Status - The NYSE notice indicates that KORE has six months from April 15, 2025, to regain compliance by filing the Form 10-K with the SEC [2]. - If KORE fails to file within the six-month period, the NYSE may grant an extension of up to six additional months at its discretion [2]. - The company anticipates filing the Form 10-K by April 30, 2025, due to the need for additional time and resources for financial reporting [3]. Group 2: Company Overview - KORE is recognized as a leader in IoT solutions, providing critical services that help organizations improve operational and business results [4]. - The company emphasizes its deep IoT knowledge, global reach, and purpose-built solutions to enhance customer business outcomes [4].
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
Group 1 - Identiv, Inc. has appointed Mick Lopez to its Board of Directors, bringing extensive experience in strategic and financial governance, particularly in mergers and acquisitions [1][2] - Lopez has served as CFO for several companies, including Ribbon Communications and Vista Outdoor, and holds an MBA from The University of Chicago [2] - The company is seeking stockholder approval to declassify its Board, which would allow all directors to be elected for one-year terms starting from the 2026 annual meeting [3] Group 2 - As part of its governance review, Identiv has amended its corporate governance guidelines to require directors to tender their resignation if a majority of votes are marked "against" or "withheld" in uncontested elections [4] - Identiv's IoT solutions are integrated into over 1.5 billion applications globally, enhancing connectivity across various sectors including healthcare and consumer electronics [5]
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]
3 Hidden Gem AI Stocks to Buy That You Might Never Have Thought Of
The Motley Fool· 2025-03-27 10:15
Group 1: AI Stock Overview - Many top AI stocks have seen significant gains, leading to high valuations that may deter risk-averse investors [1] - Not all AI stocks are valued solely on future potential; some companies are currently profitable and leveraging AI effectively [2] Group 2: Deere & Company - Deere is involved in industrial AI, developing autonomous vehicle technology to address labor shortages in agriculture and construction [3][4] - The company has introduced several autonomous machines, including tractors and dump trucks, managed through its cloud-based platform [4] - Deere's domestic revenue is primarily generated from U.S.-manufactured equipment, which may protect it from trade conflicts [5][6] - Despite a dip in earnings and sales, Deere's P/E ratio is reasonable at 20.9, and it offers a growing dividend yield of 1.4% [7][9] Group 3: GE Healthcare Technologies - GE Healthcare is transitioning from an imaging company to a healthcare solutions provider by integrating AI into its products [10][11] - The company has increased its AI-enabled FDA authorizations significantly, enhancing its diagnostic capabilities [12] - AI is central to GE Healthcare's precision healthcare strategy, allowing for personalized medical solutions [13] - The stock trades at 18 times estimated earnings for 2025, indicating good value given its growth prospects [14] Group 4: Samsara - Samsara, while not widely recognized in AI discussions, is leveraging AI to enhance operational safety and efficiency [15][16] - The company is innovating with AI tools for dynamic monitoring and proactive maintenance, addressing labor shortages [17] - Despite being unprofitable with a net loss per share of $0.28, Samsara has shown growth with $1.46 billion in annual recurring revenue, a 32% increase year-over-year [17]
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].