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Jerash Holdings Reports Significantly Improved Financial Results For Fiscal 2026 Third Quarter
Accessnewswire· 2026-02-09 13:00
FAIRFIELD, NEW JERSEY / ACCESS Newswire / February 9, 2026 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced significantly improved financial results for its fiscal 2026 third quarter ended December 31, 2025. Fiscal 2026 Third Quarter Highlights Revenue increased 18.0 percent to $41.8 million, from $35.4 million in the prior year quarter. ...
VRT's Buyout of Great Lakes Boosts Prospects: A Sign of More Upside?
ZACKS· 2025-07-21 15:26
Core Insights - Vertiv's cloud and AI-infrastructure business focuses on thermal, power, and integrated rack systems, supporting high-density compute environments in data centers and edge deployments [1] - The company has agreed to acquire Great Lakes Data Racks & Cabinets for $200 million, enhancing its Integrated Rack Solutions segment [2][3] - The acquisition is expected to close in Q3 2025 and is valued at approximately 11.5 times Great Lakes' projected 2026 EBITDA [2][10] - This move positions Vertiv to capture increased demand for integrated, high-density systems as AI and edge-computing infrastructure scales globally [4] Company Performance - Vertiv's shares have increased by 13.6% year to date, outperforming the broader Zacks Computer & Technology sector, which has appreciated by 9.6% [8] - The company's stock is trading at a trailing 12-month Price/Book ratio of 18.45, compared to the sector's 10.44 [11] - The Zacks Consensus Estimate for second-quarter earnings is 83 cents per share, indicating a year-over-year growth of 23.88% [14]