BONITA SPRINGS, Fla.–(BUSINESS WIRE)–Herc Holdings Inc. (NYSE: HRI), one of North America’s leading equipment rental suppliers, announced at its Investor Day today, strong progress toward the Company’s three-year strategies, financial performance and capital allocation priorities set in 2021, and introduced new, three-year performance targets. “In 2021, we laid out an ambitious plan to shift from […]
Focus on profitability drives new Q3 bests: Net Income $741 Million; Adjusted EBITDA $148 Million Differentiated unit economics, including Q3 best GPU of $5,952 and Q3 best Non-GAAP GPU of $6,396, validate strength and profitability of Carvana business model Simultaneous 6% sequential retail unit growth and more than $400 per retail unit sequential SG&A expense […]
Record Third Quarter Bookings of $676 million 10+ GWh Software and Services Agreement with SB Energy Expect Full-Year Adjusted EBITDA Positive in 2024 Outlook The Company expects to achieve adjusted EBITDA positive in 2H 2023, which reflects an adjustment to exclude the impact of a $37.4 million reduction in revenue(1) Expect full year adjusted EBITDA […]
LOVELAND, Colo.–(BUSINESS WIRE)–Lightning eMotors, Inc. (OTC: ZEVY), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company will release its third quarter 2023 results after the market closes on Tuesday, November 14, 2023. About Lightning eMotors Lightning eMotors (OTC: ZEVY) has been providing specialized and […]
Operating Revenues $1.4 billion; $1.7 billion in 2022 Income from Operations $46.7 million; $145.4 million in 2022 Diluted Earnings per Share $0.20; $0.70 in 2022 Updated full year Adjusted Diluted Earnings per Share guidance to $1.40 – $1.45 GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider National, Inc. (NYSE: SNDR, “Schneider” or the “Company”), a leading transportation and logistics […]
WALTHAM, Mass.–(BUSINESS WIRE)–#automation—Vecna Robotics, the leader in flexible material handling automation solutions, today announced a performance guarantee to provide a low-risk onramp for automation newcomers and to simplify the rapid deployment of mobile robots in warehouse and manufacturing facilities across the country. The company’s guarantee is based on customer-defined success criteria like throughput, workflow tasks […]
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins announced several changes to the Cummins Leadership Team. These appointments are effective Jan. 1, 2024. “Destination Zero is Cummins’ strategy for decarbonization of our products and is a growth opportunity for us. With our broad portfolio of innovative products, strong partnership with and understanding of our customers and their applications, unrivaled […]