DULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest U.S.-based franchised automotive retailers (“Asbury”), announced today that it has priced its previously announced public offering of 3,300,000 shares of its common stock at $182.00 per share, all of which will be sold by Asbury. Additionally, Asbury has granted the underwriters in the […]
NI enhances simulated testing for EVs with new Inverter Test System and collaboration with D&V Electronics for power-level inverter test AUSTIN, Texas–(BUSINESS WIRE)–NI (NASDAQ: NATI), a leading developer of automated test and measurement systems, today announced two new offerings to enhance testing environments and workflows for electric vehicle (EV) traction inverter validation: a new Inverter […]
Revenue of $359 million in Q3 2021, up 5% versus Q3 2020 Strong end-market demand in Supply Technologies Continued Automotive production volatility affecting Assembly Components Improved demand in Engineered Products with significant increased bookings of new capital equipment GAAP EPS loss of $(0.60); Adjusted EPS loss of $(0.32) EPS loss driven by operating losses in […]
Q3 revenue of $864.4 million grew 73% year-over-year Q3 net loss significantly narrowed Adjusted EBITDA profitable for the second quarter in a row SAN FRANCISCO–(BUSINESS WIRE)–Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2021. “We had a great quarter. Driver supply materially improved in Q3, up nearly 45% versus […]
SEATTLE–(BUSINESS WIRE)–Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 1, 2021 its Board of Directors declared a semi-annual cash dividend of $0.58 per share, payable on December 15, 2021 to shareholders of record as of December 1, 2021. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs […]
SEATTLE–(BUSINESS WIRE)–Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced third quarter 2021 financial results including the following highlights compared to the same quarter of 2020: Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 87% to $2.09 Net Earnings Attributable to Shareholders increased 88% to $359 million Operating Income increased 94% to $490 million […]
BELLEVUE, Wash.–(BUSINESS WIRE)–PACCAR was honored as a 2021 “Top Company for Women to Work for in Transportation,” and three PACCAR executives were recognized for their industry leadership, by the Women in Trucking Association (“WIT”). WIT is a non-profit organization that encourages the employment and promotes the accomplishments of women in the trucking industry. WIT solicited […]