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NV5 Acquires Professional Systems Engineering; Strengthens Technology Design for Public Safety Facilities
Globenewswire· 2025-07-11 12:00
HOLLYWOOD, Fla., July 11, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of tech-enabled engineering, certification, and consulting solutions, announced today its acquisition of Professional Systems Engineering, LLC, (PSE) a leading designer of facility technologies for corrections and public safety infrastructure throughout the Northeast. Founded in 1986, PSE’s engineers and consultants specialize in the design of security, safety, fire, and communication systems for high-security public sector facilities such a ...
Bowman Announces Dates for Second Quarter 2025 Earnings Release and Webcast
Globenewswire· 2025-07-11 11:30
RESTON, Va., July 11, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and project management firm, today announced that it will release financial results for the second quarter 2025 after the U.S. financial markets close on Wednesday, August 6, 2025. The Company will host a webcast to discuss its second quarter results at 9:00 a.m. ET on Thursday, August 7, 2025. Bowman founder and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host th ...
Stantec Stock Skyrockets 39% Year to Date: Has it Run Too Far?
ZACKS· 2025-07-09 13:26
Core Insights - Stantec Inc. (STN) has achieved a 39% year-to-date gain, significantly outperforming the industry's 6% decline, while U.S. peers have shown mixed results [1][8] - The company is benefiting from strong global demand for infrastructure, water security, and climate-resilient solutions, supported by long-term trends such as climate change initiatives and increased infrastructure investments [3][4] Financial Performance - In Q1 2025, Stantec's net revenues grew by 13.3% year-over-year, with organic revenue increasing by 5.9% when excluding acquisitions and currency effects [4] - The U.S. market saw a 2.4% organic growth, while Canada experienced a 15% revenue increase year-over-year, with key contributions from wastewater projects and large industrial developments [5][4] - Globally, revenues rose by 20.3% year-over-year, with the U.K. water business growing over 20% and energy transition projects boosting results in Australia and New Zealand [5] Margin Expansion - Stantec demonstrated efficient growth with project margins improving by 10 basis points to 54.3% and adjusted EBITDA margins rising by 70 basis points to 16.2% in Q1 2025 [9][10] - Lower administrative and marketing expenses, along with a proactive hiring strategy, are expected to enhance workforce utilization and operating leverage in the future [10][11] Analyst Sentiment - There has been a notable increase in positive analyst sentiment, with five analysts raising their 2025 earnings estimates and another five upgrading projections for 2026 [12][16] - Earnings are projected to grow by 19.5% in 2025 and 12% in 2026, with revenue expectations lifted to an 11% increase in 2025 and a 10% gain in 2026 [12][14] Valuation Concerns - Stantec's forward P/E ratio stands at 26.74, above its five-year median of 22.56, raising concerns about its valuation compared to peers like Tetra Tech and AECOM [17] - The elevated valuation may limit upside potential unless the company delivers significant earnings outperformance [17][18]
Gallagher Study Reveals Employers Investing in Holistic Wellbeing for Future Growth
Prnewswire· 2025-07-09 13:00
ROLLING MEADOWS, Ill., July 9, 2025 /PRNewswire/ -- In response to macro uncertainty and rising costs, employers are increasingly prioritizing comprehensive wellbeing strategies to meet the evolving needs of their workforce. Gallagher's 2025 U.S. Benefits Benchmarks Report highlights a growing trend among employers to adopt holistic approaches that encompass physical, emotional, career and financial health."We are at a pivotal moment as employers and organizational leaders—a moment where we can have a signi ...
Cognizant Schedules Second Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2025-07-09 12:00
About Cognizant Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant. Investor Contact: Tyler Scott, Vice President, Investor Relations, (551) 220-8246, [email protected] SOURCE Cognizant Technology Solutions Corporation TEANECK, N.J., July 9, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH ...
Here are 3 Outsourcing Stocks to Consider Amid Industry Woes
ZACKS· 2025-07-08 15:41
Data privacy regulations, communication barriers and geopolitical risks are casting a shadow on the Zacks Outsourcing industry. Quality control issues and loss of control are other headwinds. However, the need to cut down costs, the onset of remote work, the rising focus on cybersecurity awareness, and the surge in trends such as AI and ML are the key drivers.Investors can consider Barrett Business Services, Inc. (BBSI) , The Brink's Company, Inc. (BCO) , and Capgemini SE (CGEMY) from the Outsourcing market ...
CETY Announces Continued Eligibility for Federal Clean Energy Incentives Under New Law, Solidifying Leadership in Advanced Green Technologies
Globenewswire· 2025-07-08 14:39
IRVINE, CA., July 08, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company” or “CETY”), a clean energy technology company offering power generation, waste to energy, battery storage, and heat to power solutions to deliver affordable, scalable, and eco-friendly energy, clean fuels, and alternative electricity for a sustainable future, is pleased to announce that its technologies should remain fully eligible for federal clean energy tax incentives following the passage of the ...
New Strong Sell Stocks for July 8th
ZACKS· 2025-07-08 11:31
Group 1: Company Overview - Assertio (ASRT) is a specialty pharmaceutical company focused on branded prescription medications for neurology, inflammation, and pain [1] - Bridgeline Digital (BLIN) operates as a digital engagement company, offering a platform that integrates Web Content Management, e-commerce, e-marketing, Social Media management, and Web Analytics [2] - Booz Allen Hamilton (BAH) provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber expertise to governments, corporations, and not-for-profit organizations [3] Group 2: Earnings Estimates - The Zacks Consensus Estimate for Assertio's current year earnings has been revised downward by 83.3% over the last 60 days [1] - Bridgeline Digital's current year earnings estimate has been revised downward by almost 47.1% over the last 60 days [2] - Booz Allen Hamilton's current year earnings estimate has been revised downward by 6.8% over the last 60 days [3]
FTI Consulting Expands Cybersecurity Capabilities in Australia with Appointment of Natasha Passley
Globenewswire· 2025-07-07 22:00
Core Insights - FTI Consulting has appointed Natasha Passley as a Senior Managing Director in the Cybersecurity practice, enhancing its capabilities in addressing complex cybersecurity threats [1][3] - Ms. Passley brings over 20 years of experience in security, risk, and technology, focusing on cybersecurity maturity and regulatory compliance [2][3] - The appointment comes at a time when Australian businesses face significant regulatory changes and increased cybersecurity threats, emphasizing the need for robust cybersecurity programs [3][4] Company Overview - FTI Consulting is a global expert firm specializing in crisis and transformation, with over 8,100 employees across 33 countries as of March 31, 2025 [5] - The company generated $3.70 billion in revenues during the fiscal year 2024, indicating strong financial performance [5] Industry Context - The cybersecurity landscape is becoming increasingly complex due to geopolitical tensions and regulatory shifts, necessitating enhanced compliance standards and risk management strategies [3][4] - There is a growing emphasis on organizational resilience and the ability to maintain operations during disruptions, which is critical for businesses in the current environment [4]
HeartCore Signs 16th Go IPO Contract
Globenewswire· 2025-07-02 12:30
Core Insights - HeartCore Enterprises, Inc. has signed a Consulting Agreement with Cipher Core Co., Ltd. for its Go IPO consulting services, marking its 16th such contract [1][3] - Cipher Core will compensate HeartCore with $500,000 in fees and a warrant for 3% of its capital stock, with additional hourly compensation if the agreement extends beyond 12 months [2] Company Overview - HeartCore is a leading enterprise software and IPO consulting services company based in Tokyo, with additional offices in New York and San Francisco [5] - The company offers Software as a Service (SaaS) solutions and data analytics services to enhance customer experiences for enterprise clients [5][6] Go IPO Consulting Service - HeartCore's Go IPO consulting service assists Japanese companies in going public in the U.S., including support in hiring underwriters, auditors, and legal firms, as well as preparing necessary documentation [3][7] - The service also includes converting accounting data from Japanese standards to U.S. GAAP and preparing S-1 or F-1 filings [3] Cipher Core Overview - Cipher Core is an information security technology company focused on AI and quantum computing, known for its advanced encryption technology [4] - The company addresses next-generation information threats and meets stringent security requirements for government agencies and critical infrastructure [4]