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DATA BREACH ALERT: Edelson Lechtzin LLP is Investigating Claims on Behalf of Hyundai AutoEver America Customers Whose Data May Have Been Compromised
Globenewswire· 2025-11-06 23:38
Core Points - Hyundai AutoEver America (HAEA) experienced a data breach that was discovered on or about March 1, 2025, affecting its information technology environment [3] - The unauthorized activity on HAEA's network occurred between February 22, 2025, and March 2, 2025, potentially exposing personal information such as names, Social Security numbers, and driver's license numbers [3] Company Overview - Hyundai AutoEver America is part of Hyundai Motor Group and provides full-cycle automotive IT consulting, management, and support services [2] Legal Investigation - Edelson Lechtzin LLP is investigating data privacy claims related to the HAEA incident and is considering a class action lawsuit for individuals whose sensitive personal data may have been compromised [1][4]
Universal Investment opens new office in Singapore
Yahoo Finance· 2025-10-08 11:10
Core Insights - Universal Investment Group has expanded into the Asia-Pacific region by opening its first office in Singapore, aiming to enhance its presence as a third-party management company and fund services provider [1][4] - The Singapore office will focus on assisting clients in pursuing international growth, particularly in the real estate market [1][2] Group 1: Leadership and Operations - Bjoern Beck, an experienced professional in the APAC region and real estate, will lead the Singapore operations as managing director [2] - Beck will collaborate with European colleagues to ensure comprehensive service for clients [2] Group 2: Services Offered - The Singapore branch will provide a range of services including fund structuring, management, administration, reporting, and risk management [3] - It will also serve as a conduit for APAC asset managers and institutional investors looking to enter the European investment market [3] Group 3: Strategic Importance - The establishment of the Singapore office is viewed as a significant milestone in Universal Investment's ambition to become a truly global partner for clients [4] - The new location will provide distribution support through the DACH network (Germany, Austria, Switzerland) [4] Group 4: Recent Developments - Universal Investment recently appointed Hilton Hess as chief financial officer, who has over 35 years of international corporate finance experience [5]
Vimeo (VMEO) Q2 EPS Beats by 1,500%
The Motley Fool· 2025-08-04 20:49
Core Insights - Vimeo reported Q2 2025 GAAP earnings per share (EPS) of $0.04, exceeding analyst forecasts by $0.0375, or 1500% [1] - GAAP revenue for Q2 2025 was $104.65 million, slightly below the consensus estimate of $105.76 million and nearly flat year-over-year [1] - Management raised its adjusted EBITDA target for full-year 2025 to $35 million, indicating improved profitability [1] Financial Performance - Q2 2025 EPS (GAAP) was $0.04, down 33.3% from $0.06 in Q2 2024 [2] - Total revenue for Q2 2025 was $104.7 million, a 0.3% increase from $104.4 million in Q2 2024 [2] - Adjusted EBITDA for Q2 2025 was $10.9 million, a decrease of 33.1% from $16.3 million in Q2 2024 [2] - Free cash flow decreased by 12.3% to $17.8 million compared to $20.3 million in Q2 2024 [2] - Gross margin remained stable at 78% year-over-year [2] Business Model and Strategy - Vimeo operates as a Software-as-a-Service (SaaS) company, providing cloud-based tools for video creation, hosting, management, and distribution [3] - The company is focusing on innovation, particularly through the integration of artificial intelligence to enhance its product offerings [4] - Vimeo aims to increase subscriber value and convert free users to paid plans while expanding the adoption of advanced features [4] Segment Performance - The Self-Serve segment reported GAAP revenue of $57.6 million, down 1% year-over-year, with subscriber numbers falling 11% to 1.16 million [6] - Vimeo Enterprise revenue grew 25% to $25.0 million, with bookings rising 9% despite losing a large customer [7] - Other product lines, such as Over-the-Top (OTT) video services and add-on products, experienced revenue declines of 3% and 20%, respectively [8] Product Development - The company delivered 35% of its annual roadmap, focusing on AI-powered features, including new translation services [9] - Management reported that new offerings have started generating positive revenue and pipeline growth [9] Future Outlook - For Q3 2025, management expects GAAP revenue to be around $106 million and adjusted EBITDA at roughly $9 million [10] - The company anticipates low single-digit revenue growth for the full year 2025, with an adjusted EBITDA target raised to $35 million [10] - Operating income is projected to reach approximately $6 million for FY2025, with hopes for double-digit revenue growth in future quarters [10]
Best Momentum Stock to Buy for May 29th
ZACKS· 2025-05-29 15:00
Group 1: Alexander's (ALX) - Alexander's is a real estate investment trust engaged in leasing, managing, developing, and redeveloping properties, with a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Alexander's current year earnings has increased by 10.3% over the last 60 days [1] - Alexander's shares gained 5% over the last three months, outperforming the S&P 500's gain of 0.6%, and the company has a Momentum Score of A [2] Group 2: Wolters Kluwer (WTKWY) - Wolters Kluwer is a leading global information services and publishing company providing products and services for professionals in various sectors, with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for Wolters Kluwer's current year earnings has increased by 4% over the last 60 days [3] - Wolters Kluwer's shares gained 14.4% over the last three months, significantly outperforming the S&P 500's gain of 0.6%, and the company has a Momentum Score of B [4]