© 2024 The Eastern Company 1 Ryan Schroeder President and Chief Executive Officer Change agent committed to accelerating operational and financial improvements and drive growth through M&A 2 • 20+ years of experience in manufacturing and leadership roles • Joined Eastern in 2024 • Previously CEO of Plaskolite LLC (2020-2023) and President of IMI Norgren (2016-2020) • Experience in a variety of roles at Parker Hannifin (2003-2016) • MBA University of Minnesota and BA from Michigan State University 2024 Resul ...

VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that the Company will release Q2 2025 financial results on Monday, August 11, 2025, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Tuesday, August 12, 2025. Time: 10:00 a.m. ET (7:00 a.m. PT)Call Link: https://register-conf.media-server.com/register/BI842f3b76bd5b44c7ae ...

Group 1 - Micron reported quarterly earnings of $1.91 per share, exceeding the Zacks Consensus Estimate of $1.59 per share, and showing a significant increase from $0.62 per share a year ago, resulting in an earnings surprise of +20.13% [1] - The company achieved revenues of $9.3 billion for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 5.27%, compared to $6.81 billion in the same quarter last year [2] - Micron has outperformed the S&P 500, with shares increasing about 52% since the beginning of the year, while the S&P 500 gained 3.6% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $2.02 on revenues of $9.9 billion, and for the current fiscal year, it is $6.93 on revenues of $35.5 billion [7] - The Computer - Integrated Systems industry, to which Micron belongs, is currently ranked in the top 23% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]

Core Viewpoint - KWESST Micro Systems Inc. intends to change its name to DEFSEC Technologies Inc. to better reflect its focus on defense and public security technology, with the name change expected to take effect around June 30, 2025, subject to regulatory approval [2][3]. Company Developments - The name change coincides with the opening of a new, larger facility in Kanata North, Ottawa, which is more than twice the size of the previous location and aims to accommodate the company's rapid growth [4]. - The company has received its first order for the Battlefield Laser Detection System from a military systems integrator for a North American armored vehicle program [5]. - The company is focusing on strategic, multi-year contracts with the Canadian Department of National Defence worth up to $75 million through 2028, in partnership with Thales and Akkodis [5]. Product Offerings - KWESST's product portfolio includes the ARWEN line of non-lethal products, which has reportedly saved hundreds of lives, and new PARA "Mini" and "Micro" versions currently under customer evaluation [5]. - The company offers real-time situational awareness solutions, including the Team Awareness Kit (TAK), which is being adopted by NATO countries [5]. - The "Lightning" version of the military-grade situational awareness capability is designed for the public security market and operates under a SaaS model, allowing users to access it on smart devices for a monthly subscription fee [5]. Shareholder Information - No action is required from shareholders regarding the name change, and there will be no change in the company's share capital [6]. - The new CUSIP and ISIN numbers for the common shares have been provided, and existing share certificates will not need to be exchanged [6]. Trading Information - The company's common share purchase warrants will also change trading symbols to "DFSC.WT.U" on the TSXV and "DFSCW" on the Nasdaq [7].

Core Insights - Limbach Holdings, Inc. (LMB) is a strong buy stock with a significant earnings beat of 273.3% in Q1 2025, with expectations for double-digit earnings growth this year [1][3][8] - The company operates in six vertical markets and has a workforce of 1,400 across 20 offices in the eastern United States [2] Financial Performance - In Q1 2025, Limbach reported earnings of $1.12, surpassing the Zacks Consensus Estimate of $0.30, marking the tenth consecutive earnings surprise [3] - Revenue increased by 11.9% to $133.1 million from $119 million year-over-year [3] - The gross profit percentage rose to 27.6% from 26.1%, driven by higher-margin Owner Direct Relationships (ODR) work [5] Business Strategy - Limbach's strategy focuses on growing its ODR business, which saw a revenue increase of 21.7% to $90.4 million, accounting for 67.9% of total revenue [4] - The company anticipates an ODR mix shift to be between 70% and 80% for the year, with ODR revenue growth projected between 23% and 46% [7] Market Position - Limbach's shares have increased by 66% year-to-date, reaching new all-time highs, reflecting strong market confidence [8][10] - The company is positioned in the mission-critical building systems solutions industry, particularly benefiting from the demand in data centers [10] Analyst Outlook - Analysts have raised earnings estimates for Limbach, with the Zacks Consensus Estimate increasing to $4.39 from $3.45, indicating a 21.9% growth compared to last year's earnings of $3.60 [7] - Earnings growth is forecasted at 12% over the next 3 to 5 years, making Limbach a notable growth and momentum stock in its industry [14]

Core Insights - HyOrc Corporation has appointed Andrea Magalini as a Non-Executive Director, bringing extensive experience in OEM leadership and industrial product commercialization [1][2] - The company is entering its commercialization phase, with a focus on scaling clean technologies and forming industrial partnerships [2][3] - HyOrc's R&D and manufacturing operations have achieved certifications under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2015, affirming its commitment to operational excellence and environmental stewardship [3][6] Company Developments - The appointment of Andrea Magalini is seen as a significant step for HyOrc as it prepares for manufacturing ramp-up and global deployment [2][3] - HyOrc has filed a PCT application for its vertical combustor, expanding its global intellectual property coverage for its hydrogen engine platform [4] - The company aims to decarbonize hard-to-abate sectors without relying on subsidies, supported by a growing patent portfolio and ISO-certified operations [7] Operational Milestones - HyOrc's certifications represent a critical milestone, enhancing its appeal to strategic customers, EPC partners, and institutional investors [3] - The company has 728.19 million shares issued and outstanding, with 26.30 million shares at DTC [7]

Group 1 - AeroVironment, Inc. is set to release its fourth-quarter earnings results on June 24, with analysts expecting earnings of $1.42 per share and revenue of $242.69 million [1] - The company announced a strategic partnership with UAS Denmark on June 18 to enhance allied UAS capabilities in Europe [1] - AeroVironment's shares increased by 0.8%, closing at $191.23 on the preceding Monday [1] Group 2 - Baird analyst Peter Arment maintained an Outperform rating and raised the price target from $146 to $210 [4] - RBC Capital analyst Ken Herbert reinstated an Outperform rating with a price target of $190 [4] - BTIG analyst Andre Madrid reiterated a Buy rating with a price target of $245 [4] - Raymond James analyst Brian Gesuale downgraded the stock from Outperform to Market Perform [4] - Alembic Global analyst Peter Skibitski upgraded the stock from Neutral to Overweight with a price target of $216 [4]

Core Viewpoint - The collaboration between Parsons Corporation and IBM aims to modernize the Federal Aviation Administration's National Airspace System, responding to government calls for innovation and efficiency in air traffic control systems [1][2][3]. Group 1: Company Collaboration - Parsons Corporation will act as the prime contractor, providing unified leadership and full program responsibility for the air traffic control system overhaul [1][3]. - IBM brings extensive experience in federal government systems integration, enhancing the collaboration's capability to modernize the National Airspace System [4]. Group 2: Industry Impact - The modernization of the National Airspace System is crucial for ensuring a safe, efficient, and reliable U.S. aviation system, which supports travel, economic prosperity, and national security [2]. - The partnership combines nearly 200 years of experience in complex program management and systems integration, positioning it to deliver a state-of-the-art air traffic control system [3]. Group 3: Company Expertise - Parsons has nearly 50 years of experience as the FAA's infrastructure partner, managing projects across over 450 airports in 40 countries [3]. - IBM has a long history of serving the U.S. federal government, providing technology and expertise to improve government efficiency and service delivery [4].

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Micron (MU) , which belongs to the Zacks Computer - Integrated Systems industry.This chipmaker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.69%.For the most recent quarter, Micron was expected to post earnings of $1.43 per share, but it reported ...

Core Insights - RTX Corporation's Raytheon unit secured a $299.7 million contract for the Evolved Seasparrow Missile (ESSM), which includes providing test equipment and spares, as well as options for guided missile assemblies [1][9]. Group 1: Contract Details - The contract will be executed globally in multiple locations, including the United States, Australia, Canada, Norway, and the Netherlands, and is projected to be completed by September 2030 [2]. - The award was provided by the Naval Sea Systems Command, Washington, D.C. [2]. Group 2: Market Dynamics - Global defense spending is increasing, particularly in advanced military arms and missile systems, benefiting RTX as a prominent missile manufacturer [3]. - The ESSM Block II is a combat-proven naval defense system with over 330 successful live sea firings, enhancing fleet protection against various threats [4]. Group 3: Growth Prospects - Rising military conflicts and national security concerns are driving nations to focus on missile defense systems, with a forecasted compound annual growth rate of 5% for the global missiles and missile defense systems market from 2025 to 2030 [5]. - RTX has a portfolio of combat-proven missiles, including the TOW missile and Tomahawk, positioning it well for growth in this expanding market [6]. Group 4: Competitor Insights - Other defense companies like Northrop Grumman, Boeing, and Lockheed Martin are also positioned to benefit from the growing missile systems market, with varying long-term earnings growth rates and sales projections [7][10][11]. Group 5: Stock Performance - RTX shares have increased by 25.1% over the past six months, outperforming the industry average growth of 15.5% [12].