Volta Inc. Reports Second Quarter Financial Results

11 Aug by Vitaliy Dadalyan Tags:

Volta Inc. Reports Second Quarter Financial Results

Second Quarter Revenue increased 83% Quarter-over-Quarter and 121% Year-over-Year to $15.3 million Media Revenue increased 83% Quarter-over-Quarter and 73% Year-over-Year to $11.2 million Volta added a record 372 charging stalls in the quarter Volta’s installed base of Total Installed Charging Stalls was 2,920 as of June 30, 2022, up 15% Quarter-over-Quarter and up 48% Year-over-Year […]
11 Aug by Vitaliy Dadalyan Tags:

indie Semiconductor Exceeds Q2 2022 Analyst Expectations

Delivers 181% Year-over-Year and 17% Sequential Revenue Growth to a Record $25.8M Expands Non-GAAP Gross Margin to 48.6%, up 650 Basis Points Year-over-Year and 120 Basis Points Sequentially Guides Q3 2022 Revenue up 140-150% Year-over-Year to an Approximately $120M Annualized Run-rate at the Midpoint with Further Non-GAAP Gross Margin Expansion into the 50% Range ALISO […]
11 Aug by Vitaliy Dadalyan Tags:

ElectraMeccanica Reports Second Quarter 2022 Financial Results

Company Reported $1.547 Million in Q2 ‘22 Revenue, up over 5x year-over-year and 48.9% sequentially, and EPS of ($.17) as it Continues to Scale ElectraMeccanica Manufactured a Record 193 SOLOs in the Period, Delivering a Total of 68 Despite Challenging Operating Environment Business Maintains Over $195 Million of Working Capital VANCOUVER, British Columbia–(BUSINESS WIRE)–ElectraMeccanica Vehicles […]
11 Aug by Vitaliy Dadalyan Tags:

onsemi Celebrates Expansion of Silicon Carbide Production Facility in New Hampshire

The facility will increase its Silicon Carbide (SiC) capacity by five times year-over-year, helping to ensure supply of critical components for onsemi customers HUDSON, N.H.–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today celebrated the inauguration of its silicon carbide (SiC) facility in Hudson, New Hampshire with a ribbon cutting ceremony. […]
11 Aug by Vitaliy Dadalyan Tags:

Rivian Releases Second Quarter 2022 Financial Results

IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) has today published a letter to its shareholders containing the company’s second quarter 2022 financial results. The letter is available on its investor relations website (https://rivian.com/investors). Rivian will host an audio webcast to discuss its results and provide a business update at 2:00pm PT / 5:00pm ET today, […]
11 Aug by Vitaliy Dadalyan Tags:

J.B. Hunt, University of Arkansas Collaboration Focuses on Future of Supply Chain

Walton College Renames Department after J.B. Hunt Transport LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services Inc., one of the largest supply chain solutions providers in North America, and the University of Arkansas announced the Sam M. Walton College of Business program for studying supply chain, ranked number one by Gartner, has officially been renamed the J.B. […]
11 Aug by Vitaliy Dadalyan Tags:

Statement Regarding Incident at Paulsboro, New Jersey, Truck Stop

WICKLIFFE, Ohio–(BUSINESS WIRE)–Lubrizol is aware of the incident in Paulsboro, New Jersey, involving Transchem USA, an independent trucking company, which was transporting product manufactured by Lubrizol. The trucking company is investigating the incident and leading the response with local authorities. Lubrizol specialists are on site offering expertise on the chemistry of our product to support […]