CHANTILLY, Va., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $13 million task order under the National Nuclear Security Administration (NNSA) Counter Nuclear Smuggling System Deployment (CNSSD) multiple award task order contract (MATOC). The task order to deliver end-to-end support for counter-nuclear smuggling systems to countries in the Indo-Pacific region includes a one-year base performance period and six one-year option periods and is ...

Allegion plc (NYSE:ALLE) ranks among the best-performing European stocks to invest in. On August 27, Mizuho retained its Neutral rating on Allegion plc (NYSE:ALLE) while raising its price target to $170 from $155. The raise comes after Mizuho and Allegion CEO John Stone and VP of Investor Relations Josh Pokrzywinski met in Boston. During those discussions, management consistently delivered a message about end-markets that were characterized as “resilient albeit tough/mixed.” Mizuho reported that Allegion ...

Core Insights - Warren Buffett was a net seller of stocks for the 11th consecutive quarter in Q2 2025, but he also invested $3.9 billion in 12 stocks, including three new positions [1][3] - Half of the purchases involved increasing existing positions, notably in Chevron and Lennar Class B [3][4] - New positions were initiated in Allegion, Lamar Advertising, and UnitedHealth Group [5] Investment Highlights - Heico is the biggest winner among Buffett's Q2 purchases, closely followed by Allegion and Nucor [6] - Lennar and D.R. Horton have the lowest valuations based on forward price-to-earnings ratios [6] - UnitedHealth Group has the most attractive price-to-earnings-to-growth (PEG) ratio at 1.24 among the 12 stocks [7] Growth Projections - Nucor is projected to have nearly 32.5% earnings growth next year, with Chevron at around 24.4% [8] - Constellation Brands is favored by analysts, with a 12-month price target reflecting an upside potential of around 22% [9] Dividend Yields - Lamar Advertising has the highest forward dividend yield at 5.09%, followed by Chevron at 4.39% [10] Best Investment Choice - UnitedHealth Group is highlighted as the best investment among the 12 stocks, with a significant investment of approximately $1.57 billion from Buffett [11] - Despite challenges such as higher medical costs and investigations into Medicare billing practices, these issues are believed to be reflected in the current share price [12]

Core Insights - Axon Enterprise's stock increased by 14% following the company's earnings report, which exceeded Wall Street's expectations and led to an upward revision of its revenue guidance due to strong demand for security solutions [1] Group 1: Financial Performance - The company reported robust demand for its security solutions, with CEO Rick Smith stating that customer demand for new technology is accelerating beyond expectations [1] - Axon has raised its revenue guidance for the year to a range of $2.65 billion to $2.73 billion, an increase from the previous guidance of $2.60 billion to $2.70 billion [1]

Core Viewpoint - Fastly (FSLY) is expected to report its second-quarter 2025 results on August 6, with anticipated revenue growth and a narrower non-GAAP loss compared to the previous year [1][2][9]. Revenue Expectations - FSLY expects revenues in the range of $143 million to $147 million, representing a 10% year-over-year increase at the midpoint [1][9]. - The Zacks Consensus Estimate for revenues is $145.1 million, indicating a 9.6% increase from the same quarter last year [1]. Loss Forecast - The company anticipates a non-GAAP loss between 4 and 8 cents per share, with the consensus mark for loss at 5 cents per share, which is an improvement from the 7 cents loss reported in the previous year [2][9]. Key Growth Drivers - Fastly's content delivery and edge computing platform is expected to benefit from go-to-market transformation efforts and packaging improvements, aiding in deal acquisition and steady revenue growth [3]. - Enterprise demand for advanced digital experiences and security solutions is likely to support top-line growth, with the Security segment benefiting from ongoing portfolio enhancements [4]. Market Dynamics - Adoption of edge computing solutions, particularly for dynamic content and AI-driven workloads, has been a significant catalyst for growth [4]. - Traditional content delivery remains the primary revenue driver, while security and compute offerings are helping to diversify the revenue mix [4]. Challenges - Competitive industry pricing may constrain gross margin expansion, and profitability is closely tied to operating discipline [6]. - Macroeconomic uncertainty and regulatory factors related to specific customer relationships are expected to negatively impact second-quarter results [6]. Earnings Outlook - According to the Zacks model, FSLY has an Earnings ESP of -53.13% and a Zacks Rank of 3, indicating lower odds of an earnings beat [7].

Smart Cash Solution is designed to support back-office cash management automation by streamlining cash handling processes and improving accuracy. Smart Retail Solution offers comprehensive functionalities such as customer flow analysis, inventory management and behavior pattern recognition. The solution serves diverse retail environments, from supermarkets and convenience stores to shopping malls. David Waldman or Natalya Rudman Crescendo Communications, LLC Email: gfai@crescendo-ir.com Tel: 212-671-1020 Th ...

The event will mark a significant milestone in GFCS's transformation strategy as it unveils a refreshed brand identity of GFCS along with its two updated solution: Smart Cash Solutions and Smart Retail Solutions. The event will also feature remarks from two company leaders: Olivia Wang, Chairwoman and CEO of Guardforce AI, who will outline the Company's strategy to position GFCS as both a secure logistics provider and a trusted technology partner; and Kelvin Chu, Managing Director of GFCS Thailand, who will ...

Core Insights - Allegion US is showcasing the integration of Schlage XE360™ electronic locks with Zentra, enhancing access control for multifamily properties [1][2] - The partnership combines Zentra's cloud technology with Schlage XE360™ Series, providing a user-friendly experience for property managers [2][3] Product Features - Schlage XE360™ Series includes various configurations such as tubular, mortise, and exit trims, offering a cohesive look for properties [4] - The innovative FleX Module™ allows for easy upgrades from offline to real-time connected solutions, adapting to future security trends [4] Market Impact - The integration aims to simplify access management for multifamily properties, meeting evolving demands in security and connectivity [5] - Property managers will benefit from enhanced tools for managing high-traffic communities and improving reporting visibility [4][5] Company Background - Allegion designs and manufactures security and access solutions, with a strong portfolio of brands including Schlage® and CISA® [7] - The company focuses on innovative solutions that enhance safety in residential and commercial environments [7]

Core Insights - Allegion US has launched the Outdoor Defense option for Von Duprin exit devices, marking the first product designed specifically for outdoor conditions, enhancing reliability and functionality [1][2] Product Features - The Outdoor Defense option enhances the durability and performance of the 98/99 Series exit devices, providing protection against moisture, temperature variations, and corrosion [2] - This option is available for both mechanical and electronic components, including popular features like latch retraction, alarmed exits, delayed/controlled egress, and monitoring [3][4] Market Positioning - The introduction of the Outdoor Defense option sets a new standard in exterior security solutions, reflecting Allegion's commitment to engineering excellence and customer satisfaction [4] - The product is designed for various outdoor applications such as courtyards, rooftops, and perimeter security, ensuring safety without compromise [4] Company Overview - Allegion designs and manufactures innovative security and access solutions, with a strong portfolio of brands including Von Duprin, Schlage, and others, catering to both residential and commercial markets [5]

Financial Data and Key Metrics Changes - Total company revenue grew 16% sequentially to $30.6 million, exceeding guidance [7] - GAAP gross margin was 39.8%, and cash gross margin was 45.3%, both exceeding guidance due to a favorable mix [8] - Adjusted EBITDA was a profit of $362,000 compared to guidance of a loss between $1.8 million to $800,000 [8] - Cash flow from operations was positive at $6.1 million, and free cash flow was positive at $3.8 million [9] Business Line Data and Key Metrics Changes - Security Solutions revenue grew 18% sequentially to $25.8 million, while Secure Networks revenue grew 8% sequentially to $4.8 million [8] - Security Solutions revenue increased from 63% of total company revenue in Q1 2024 to 84% in Q1 2025 [10] - Adjusted operating expenses declined by $1.3 million year over year due to a restructuring and cost reduction plan [11] Market Data and Key Metrics Changes - Revenue grew 3% year over year, driven by a 39% increase in Security Solutions, partially offset by contraction in Secure Networks [9] - Cash flow from operations increased by $6.5 million year over year, and free cash flow increased by $7.4 million [11] Company Strategy and Development Direction - The company is focusing on expanding its TSA PreCheck program, targeting 500 enrollment locations by the end of 2025 [12][13] - The DMDC program is expected to be a major source of revenue growth over the next several quarters [13] - The company anticipates year-over-year growth in revenue, adjusted EBITDA, and cash flow to accelerate in the second half of 2025 [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver mission-critical offerings to government customers and highlighted the robust pipeline of opportunities [19][29] - The company expects cash flow to significantly improve year over year, driven by TSA PreCheck performance [31] - Management acknowledged that the renewal market is expected to contract significantly this year [52] Other Important Information - The company has achieved new orders with several customers, including federal government agencies and a Fortune 100 technology company [14] - The business pipeline remains robust, with over $4 billion in opportunities [29] Q&A Session Summary Question: Any changes on the new business front and margin profile for DMDC? - Management indicated that DMDC will generate substantial revenue but will be dilutive to overall margins as lower margin revenue streams ramp up [25][26] Question: What is the expected cash gross margin by year-end? - Management suggested a potential step down of approximately 600 basis points in cash gross margin from the first half to the second half of the year [37] Question: Performance of existing TSA PreCheck footprint and rollout visibility? - Management expressed confidence in TSA PreCheck as a key driver of financial performance, with significant cash flow expected [31] Question: Expectations for free cash flow in Q2 and full year? - Management did not provide specific guidance for Q2 free cash flow but indicated a significant improvement year over year compared to the previous year [42][48] Question: Which business line was the bigger outperformer in Q1? - Management confirmed that Security Solutions was the bigger outperformer, driven by both TSA PreCheck and DMDC [49][50]