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Project Ronin will be Fisker’s third vehicle, following the Fisker Ocean and Fisker PEAR. The all-electric sport Grand Tourer will feature innovations such as a battery pack integrated with the vehicle’s structure. Fisker is designing and engineering Project Ronin to deliver the longest range of a production EV with the ultimate in high performance. LOS […]
DAVIDSON, N.C.–(BUSINESS WIRE)–Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights: Reported sales of $559 million, reflecting timing of defense revenues; Reported diluted earnings per share (EPS) of $1.05; Adjusted diluted EPS of $1.31; New orders of $634 million, up 12%, reflecting strong demand within […]
First Quarter Highlights Include: Net income was $12.9 million; up 39.9% compared to net income of $9.2 million in the first quarter of 2021. Basic earnings per share were $0.55 for the quarter, an increase of 41.0% compared to $0.39 for the first quarter of 2021. Oil Business segment revenue of $54.7 million represents a […]
HOUSTON–(BUSINESS WIRE)–USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and financial results for the three months ended March 31, 2022. Financial highlights with respect to the first quarter of 2022 include the following: Generated Net Cash Provided by Operating Activities of $10.7 million, Adjusted EBITDA(1) of $10.0 million and Distributable Cash Flow(1) […]
PITTSBURGH–(BUSINESS WIRE)–$AUR #aurora–Aurora Innovation, Inc. (NASDAQ: AUR) today announced first quarter 2022 results. Aurora’s shareholder letter, including its financial results, can be viewed on its investor relations website at ir.aurora.tech. “Our first quarter was a strong start to 2022. We achieved critical milestones, continued to advance our technology, and extended our partner ecosystem,” said Aurora […]
HIGHLIGHTS: (comparisons versus prior year period) Company delivered strong results driven by record sales of $382.8 million, up 19.5% Net income of $60.8 million and diluted earnings per share (EPS) of $1.55; adjusted earnings of $63.5 million and diluted adjusted EPS of $1.62 Record first quarter adjusted EBITDA of $119.0 million, up 12.9% and adjusted […]
Q1 2022 operating results consistent with company expectations and full-year total spending guidance unchanged. Test and validation phase progressing well, 23 out of 55 complete Fisker Ocean prototypes built. 2022 retail reservations continue at an elevated pace. Fisker Ocean reservations total more than 45,000 as of May 2, 2022, including 1,600 fleet reservations. This represents […]