Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water is expanding its long-term collaboration with Microsoft to accelerate cloud adoption and the next generation of consumer and grid edge solutions for the utility and smart cities industries. The collaboration uniquely brings together Itron’s leading energy management solutions and Microsoft’s leading cloud... Read more
NextNav, a leader in next generation GPS, today partnered with Vizsafe, a leading provider of health, safety and security solutions, to add vertical location services to its Geoaware® platform. By integrating with NextNav’s Pinnacle Network, Vizsafe is able to provide its clients across public safety and emergency service sectors with a more clear picture of the z-axis location of its workforce, visitors, and... Read more
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today announced that it has strengthened its long-term collaboration with PayGo and welcomes the billing and payment solution provider into Itron’s expanding ecosystem of distributed intelligence (DI) applications. Using Itron's DI platform, PayGo integrated its billing customer experience into Itron's DI-enabled... Read more
Emerson (NYSE: EMR) and AspenTech today announced the successful closing of the combination of Emerson’s industrial software businesses – OSI Inc. and its Geological Simulation Software business – with AspenTech to create a global industrial software leader (“new AspenTech”). With the close of the transaction, Emerson owns 55% of new AspenTech on a fully diluted basis and AspenTech shareholders own the... Read more
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the "Company") a leader in smart buildings and cities through IoT, Cloud and SaaS technology, provided financial results for the three months ended March 31st, 2022. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR (www.sedar.com). First Quarter 2022 Highlights Record Q1... Read more
Quanergy Systems, Inc. (NYSE: QNGY) (“Quanergy”), a leading provider of LiDAR sensors and smart 3D solutions, today announced financial results for the three months ended March 31, 2022. First Quarter 2022 Results Revenue of $1.4 million, an increase of 257% over the same period last year; acceleration from the 113% year-over-year revenue growth rate delivered in the fourth quarter of 2021; slightly exceeded... Read more
Autoscope Technologies Corporation (Nasdaq: AATC) today announced results for its quarter ended March 31, 2022. First Quarter 2022 Financial Summary First quarter royalties remained constant at $1.8 million compared the same period in the prior year. First quarter product sales were $934,000, a decrease of 20 percent from the same period in the prior year. Operating expenses... Read more
Extends Leadership Position in 3D Geolocation, with New Partnerships in Public Safety, Gaming and IOT NextNav’s 3D Geolocation Data is Powering the Metaverse, Offering a Novel Approach to Authenticating Transactions NextNav (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav’s first quarter ended March... Read more
Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today launched its latest Open Compute Project (OCP) Open Rack version 3 (ORv3) compliant high-density AC-DC power shelf with industry-leading power efficiency. Fully compatible with the latest ORv3 1OU 21” open rack standard, the Advanced Energy Artesyn power... Read more
Ameresco Inc. (NYSE:AMRC), a leading cleantech integrator, and Powin LLC (Powin), a global leader in the design and manufacture of safe and scalable battery energy storage solutions, today announced that they have signed a long term non-exclusive purchasing framework agreement for Powin to supply Ameresco with 2,500 MWh of its modular BESS Stack750 product as part of its Centipede hardware platform. The long-term... Read more
Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable, energy-efficient lighting and controls systems and ultraviolet-c light disinfection (“UVCD”) products for the commercial, military maritime and consumer markets, today announced financial results for its first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights: Net sales of $2.1 million, decreased 21.8% compared to the first quarter... Read more
HSGS-Ameresco, LLC, a joint venture certified as a Service-Disabled Veteran Owned Small Business (SDVOSB) by the Small Business Administration and the Department of Veterans Affairs (VA), today announced that it has been awarded a $7.9 million contract to design and construct a 1.5 MW ground mount solar photovoltaic (PV) system for the U.S. Army at its Tooele Army Depot located in Tooele, Utah. The ground mount... Read more
Quanergy Systems, Inc., (NYSE: QNGY) a leading provider of LiDAR sensors and smart 3D solutions, today announced that its Optical Phased Array (OPA) technology has successfully achieved a range detection of 250 meters. This increased the range demonstrated earlier in the year, 2.5 times what was demonstrated only 15 months ago, and further advances the path towards productization of its S3 Series LiDAR, a true solid... Read more
Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, is pleased to announce its financial and operating results for the first quarter ended March 31, 2022. "We are pleased with our financial results and operating performance despite navigating through a challenging business environment. Revenue contributions from... Read more
ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the second quarter ended March 31, 2022 (Q2 2022) compared to the second quarter ended March 31, 2021 (Q2 2021). Operating Highlights Q2 2022 GAAP EPS was $0.64 per share compared to $0.59 in Q2 2021. Q2 2022 Adjusted EPS increased $0.09 per share (16 percent) to $0.65 per share compared to $0.56 per share in Q2... Read more
Total revenue of $170.4 million Net income of $10.0 million Generated cash flows from operations of $31.2 million Strong bookings across all three business segments Renewed the Hertz tolls and violations contract for a 5-year term Expected financial performance at the high-end of guidance ranges Board of Directors authorizes $125 million share repurchase program Verra Mobility Corporation (NASDAQ: VRRM),... Read more
Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the "Company" or "ADES") today filed its Quarterly Report on Form 10-Q and reported financial results for the quarter ended March 31, 2022, including information about its equity investments in Tinuum Group, LLC ("Tinuum Group") and Tinuum Services, LLC ("Tinuum Services") (collectively "Tinuum"), of which ADES owns 42.5% and 50%, respectively. First Quarter... Read more
NV5 Global, Inc. (Nasdaq: NVEE) ("NV5" or the "Company"), a provider of technology, conformity assessment, and consulting solutions, today reported financial results for the first quarter ended April 2, 2022. "NV5 delivered a record first quarter, generating double-digit growth in gross revenues, net income, Adjusted EBITDA, and earnings per share as a result of NV5’s strategy and business model. Growth in... Read more
First Quarter 2022 Software Revenue of $3.0 million, up 88% year-over-year Revenue of $13.7 million, up 106% year-over-year ARR of $7.9 million, up 137% year-over-year Spaces of 126,746, up 129% year-over-year Latch, Inc. (NASDAQ: LTCH) (“Latch” or the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today reported financial results for the three... Read more
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), the leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its first quarter ended March 31, 2022. “In the first quarter, we continued to see strong customer demand across all our target markets,” said Dr. Ted Tewksbury, CEO of Velodyne Lidar. “Even in the face of supply chain headwinds,... Read more
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), is pleased to announce it has established an at-the-market equity program (the "ATM Program") that allows the Company to issue and sell up to $10,000,000 of common shares in the capital of the Company (the "Common Shares") from treasury to the public, from time to time, at the Company's discretion. All Common Shares... Read more
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced the appointment of Mark Weinswig as Chief Financial Officer, effective May 16, 2022. He will report directly to CEO Dr. Ted Tewksbury and succeeds Drew Hamer, who will transition out of Velodyne to spend time with his family in advance of pursuing career opportunities later this year. Weinswig is a seasoned public company CFO with more than 25 years of... Read more
Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced financial results for the first quarter ended March 31, 2022. “We delivered good results in the first quarter, largely due to strong manufacturing execution and our ability to secure additional key components,” said Steve Kelley, president and CEO... Read more
Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the first quarter ended March 31, 2022. The Company reported first quarter net revenue of $61.4 million, GAAP operating loss of $21.8 million, GAAP net loss of $25.9 million, GAAP net loss of $0.24 per share, adjusted EBITDA of negative $3.3 million, and non-GAAP net loss of... Read more
GeoComm, Public Safety Location Intelligence® Platform provider, is pleased to announce a new partnership with NextNav, a leader in z-axis vertical positioning, to enhance floor-aware indoor mapping for E9-1-1. Recent regulatory requirements from the FCC require the 911 caller's vertical location to be determined with +/- 3m accuracy 80% of the time. NextNav's solution far exceeds that requirement, delivering +/-... Read more
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that the U.S. Army has awarded its Federal Solutions Group a contract to add a comprehensive battery energy storage system (BESS) to the existing 18.6 megawatt (MW) direct current (15.0 MW alternating current) solar renewable energy facility at the Fort Detrick Army Garrison in... Read more
Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, today reported its financial results for the three-month period ended March 31, 2022. “Gibraltar generated solid revenue and EPS growth in the quarter despite the continuation of supply issues impacting our solar customers, the solar... Read more
Legend Power Systems® (TSXV:LPS) (OTCQB:LPSIF), a global leader in commercial electrical system solutions, today announced an agreement with RXR, a leading owner, investor, and developer of real estate, whereby Legend will assess electrical performance in several of RXR's commercial buildings in New York City. RXR is committed to building socially, economically and environmentally responsible communities and... Read more
Emerson (NYSE: EMR) today reported results for its second fiscal quarter ended March 31, 2022 and updated its full year outlook for fiscal 2022. March Trailing Three-Month Underlying Orders were up 13 percent, as demand continued to be strong across both platforms. Second quarter Net Sales were up 8 percent and Underlying Sales were up 10 percent. By geography, the Americas grew 14 percent, Europe grew 2 percent and... Read more
Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," "we," "our" or the "Company") (NYSE: HASI), a leading investor in climate solutions, today reported results for the first quarter of 2022. Financial Highlights Delivered $0.51 GAAP EPS on a fully diluted basis for the first quarter of 2022, compared with $0.61 for the same period in 2021 Delivered $0.52 Distributable EPS on a... Read more
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that Yokogawa India Ltd. (Yokogawa), an affiliate of Yokogawa Electric Corporation, has deployed Itron’s Water Operations Management solution in Satna, Madhya Pradesh, India. The Water Operations Management solution is part of the Satna Smart City project, where Satna Smart City Development Limited... Read more
Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced financial results for the fiscal quarter ended March 31, 2022. The Company also furnished supplemental information in conjunction with this press release in a Current Report on Form 8-K. The supplemental information, which includes Non-GAAP financial measures, has been posted to the... Read more
Itron, Inc. (NASDAQ:ITRI) announced today financial results for its first quarter ended March 31, 2022. Key results for the quarter include (compared with the first quarter of 2021): Revenue of $475 million, compared with $520 million; Gross margin of 28.4%; compared with 32.2%; GAAP net income of $1 million, compared with $13 million; GAAP diluted earnings per share (EPS) of $0.02, compared with... Read more
Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced a comprehensive RF power delivery solution that combines advanced digitally-controlled power supplies with accurate digital impedance matching network. Designed for thin-film industrial applications, the ALTA™ platform ensures versatile, accurate... Read more
NextNav, a leader in next generation geolocation solutions, has partnered with Last Mile Technology, a provider of proprietary asset movement and sensor event analysis services, to enhance vertical location capabilities of their asset tracking solutions. Organizations can now precisely visualize and understand the three-dimensional movement of business-critical assets to strengthen operations, security, and... Read more
Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities, is pleased to announce that Kandiyohi Power Cooperative has deployed and validated the capability of the Tantalus Utility Network (TUNet®) to capture, integrate and present consumption and flow data from licensed Neptune R900® water endpoints. Kandiyohi has partnered with... Read more
UScellular's Home Internet+ service uses 5G mmWave technology to provide high-speed internet to homes and businesses. Companies plan to expand service to dozens of more cities throughout 2022. UScellular, in collaboration with Qualcomm Technologies, Inc. and Inseego, has launched its 5G mmWave high-speed internet service in parts of 10 cities. The carrier's Home Internet+ solution delivers speeds of up... Read more
AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy’s fleet, today announced $24 million of new energy power systems orders. This includes orders for reactive compensation, enclosed capacitor banks, harmonic filters, voltage controllers,... Read more
Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, announced today that the Company’s Vital Intelligence Smart Vital Kiosks have been implemented in Perry County, Alabama by the Perry County School District (“Perry County Schools”). Perry County Schools is a public school district serving... Read more
Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced that it completed the previously announced acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P. (NYSE: SPLP). The acquisition adds complementary products to Advanced Energy’s medical power offerings and extends its... Read more