LATEST SMART GRID STOCK NEWS
Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset optimization software, today announced, in connection with its proposed transaction with Emerson (NYSE: EMR), the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), and antitrust clearance from the Austrian Federal Competition Authority.
Expiration of the waiting period under the HSR... Read more
Guidehouse Insights released the results of its most recent research report, AI Vendors for DER Integration. The analysis recognizes GE Digital as a leader in the delivery of software to manage Renewables and Distributed Energy Resource (DER) on the electric grid so that utilities can address decarbonization and increase reliability, safety, and stability.
The Guidehouse Insights Leaderboard report evaluates the relative... Read more
Alset EHome International Inc. (NASDAQ:AEI) ("AEI" or the "Company"), a diversified holding company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, is pleased to announce that the Company's Singapore Exchange-listed majority-owned subsidiary Alset... Read more
Johnson Controls, the global leader for smart, healthy and sustainable buildings, is delivering a new solution to millions of Americans seeking more efficient and environmentally sustainable home heating and cooling with Ultimate Home Comfort™, a 10-year residential HVAC leasing program in partnership with Fundient Capital LLC. The industry-first program bundles a new, fully installed YORK® HVAC system – including... Read more
What you need to know:
Verizon Business is bolstering its Network as a Service digitization strategy with the addition of new Cisco managed SD WAN services, including support for 5G connectivity.
The solutions leverage Verizon’s 4G and 5G networks, and provide enterprises with an enhanced ability to scale, remain agile and future-proof operations.
Verizon Business is... Read more
Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today released the results of a global study to evaluate progress sustainability-focused companies have made in pursuing their goals, showing that sustainability is now the top global business investment priority and that the overwhelming majority of companies see clear competitive advantage from their sustainability focus and... Read more
As concern continues to grow with the advancing effects of climate change, ABB is championing a proactive energy efficiency movement to educate U.S. industrial leaders about the challenges that contribute to energy wastage and environmental sustainability. By joining ABB in this endeavor, U.S. businesses have an opportunity to collectively reduce energy consumption, significantly slow the rate at which they are contributing... Read more
Cisco today announced that it will participate in the following conferences with the financial community during the month of December. These sessions will be webcast. Interested parties can view these events on Cisco's Investor Relations website at investor.cisco.com.
Raymond James Technology Investors ConferenceDecember 6, 202110:20 a.m. PT / 1:20 p.m. ETLiz Centoni, EVP, Chief Strategy Officer and General... Read more
Acuity Brands, Inc. (NYSE: AYI) ("Acuity") a market-leading industrial technology company, today announced it has published its third annual EarthLIGHT Report, highlighting its Fiscal Year 2021 accomplishments and ongoing progress on its initiatives. EarthLIGHT–a central tenet of Acuity’s strategy–reflects its comprehensive approach to manage, organize and report Environmental, Social, and Governance... Read more
Advanced Energy (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today introduced the Sekidenko 4100T pyrometer. A drop-in replacement for Advanced Energy’s market-leading OR4000T, the 4100T optical fiber thermometer (OFT) delivers exceptional temperature measurement accuracy, a wider temperature range and simultaneous multi-channel maximum read speed... 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, today provides use case update for HVAC and buildings, as well as growing demand for data and analytics for BioCloud under three Non-Disclosure agreements.
"BioCloud’s positive recent in-field performance provided additional technology validation which has... Read more
Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, will present at the Credit Suisse Global Industrials Conference. Executive Vice President and Chief Financial Officer Olivier Leonetti will participate virtually in a fireside chat Friday, December 3, 2021 at 8:50 a.m. EST.
A live webcast of the presentation will be available on the company's website at:... Read more
Serve Robotics, the leading autonomous sidewalk delivery company, today announced that Euan Abraham is joining the company as its Senior Vice President of Hardware Engineering, effective January 2022. Formerly a senior leader at Apple and GoPro, Euan will guide ongoing development of Serve's sustainable, self-driving robots, which autonomously navigate sidewalks and travel intelligently alongside people.
Euan Abraham is a... Read more
Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced today that the company will participate in several upcoming virtual investor conferences.
5th Annual Wells Fargo TMT Summit Date: November 30, 2021 Presentation time: 3:20pm ET
Raymond James 2021 Technology Investors Conference Date: December 6, 2021 Presentation... Read more
ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the fourth quarter (Q4 2021) and fiscal year (2021) ended September 30, 2021.
Vic Richey, Chairman and Chief Executive Officer, commented, “Our committed team worked diligently throughout 2021 to manage through the continuing economic impacts associated with COVID-19. 2021 presented challenges related to global supply chain... Read more
For more than 100 years, ABB has focused on building a better motor – one that uses less electricity. As the world's population continues to rapidly grow, the necessity of enhanced energy efficiency is becoming increasingly imperative. With a rising population comes a greater demand for electricity, and increased industrial pressure on the environment as a result. Changes in the climate stemming from this... 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, today announced that management will present at the Benchmark Company Discovery One-on-One Virtual Investor Conference on December 2, 2021, and the SNN Network Canada Virtual Event taking place December 7-9, 2021.
Paul Ghezzi, CEO of Kontrol, will... Read more
Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions, today announced that Ritesh Mukherjee has been appointed Senior Vice President and General Manager of Enterprise Networking Business.
“We are very pleased to have Ritesh leading our Enterprise Networking business as we bring our cloud-managed 5G WAN edge solutions to enterprise markets and applications,” said Inseego President... Read more
Zinc8 Energy Solutions Inc. ("Zinc8" or the "Company") (CSE:ZAIR) (OTC PINK:ZAIRF) (FSE:0E9) is pleased to announce it has named Tom Hodgson to its Board of Directors effective immediately.
Mr. Hodgson is a senior corporate executive with an impressive track record in international capital markets and mergers and acquisitions in Canada, the US, and the U.K. He brings to Zinc8 over 30 years of senior management experience... Read more
News Summary:
Overall performance: $12.9 billion in revenue, up 8% year over year, with broad-based strength across the business; GAAP EPS $0.70, up 37% year over year, and Non-GAAP EPS $0.82, up 8% year over year
Strong demand across the business with 33% year-over-year total product order growth
Solid progress on business model transformation: Total Annualized Recurring Revenue was $21.6 billion for the first quarter... 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, will ship a record level of replacement cartridges for BioCloud units deployed in Europe, North America, and Australia. As a result of the Company’s expanding order book and ongoing execution of its organic and strategic growth objectives, the Company... 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, entered into an exclusive distribution agreement with Airmaster Corporation and its New Zealand subsidiary, Optimum Air (“Airmaster”), and Daikin Australia Pty Ltd. (“Daikin”) to offer real-time monitoring and detection of airborne pathogens to create... Read more
Latch, Inc. (NASDAQ: LTCH), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced new partnerships with Marks USA, a division of NAPCO Security Technologies (NASDAQ: NSSC), and TownSteel, Inc., along with an intended partnership with dormakaba Holding AG (SWX: DOKA). The powerful combination of these partnerships should bring LatchOS to even more residents, property managers,... Read more
Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announced it is collaborating with Canada's Department of National Defence (DND) to achieve decarbonization and infrastructure improvements designed to improve Defence Team member quality of life and generate long-term utility and maintenance cost efficiencies.
The multi-phase project will be completed at Canadian Forces Base... 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, announces the release of its financial results for the three- and nine-month periods ended September 30, 2021. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR (www.sedar.com).
Third Quarter and... Read more
Autoscope Technologies Corporation (Nasdaq: AATC) today announced results for its quarter and nine months ended September 30, 2021, and that its Board of Directors has authorized and declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on November 29, 2021 to shareholders of record at the close of business on November 22, 2021.
Third Quarter... Read more
Successfully Closed Business Combination with Spartacus Acquisition Corporation
Signed Major Partnerships with Industry Leaders Including Qualcomm Technologies, Atlas: Earth and MetCom; Launched Unreal Engine Plug-In
Year-to-Date Revenue Up 60% Year-over-Year on Growing Customer and Platform Adoption
NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation,... 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, today announced that the Kontrol BioCloud (or "BioCloud") technology delivered repeated, real-time detections of COVID-19 from four individuals.
The successful detection was completed as part of Kontrol's internal data, analytics, and reporting, as supported... Read more
Teleconference and Webcast to be Held Today at 4:30 P.M. EST
Telkonet, Inc. (OTCQB:TKOI), (the "Company", "Telkonet"), a leader of intelligent automation solutions designed to optimize comfort, operational analytics, and energy efficiency for commercial markets, announces financial results for the quarter ended September 30, 2021. Management will host a teleconference at 4:30pm ET today to discuss these results with the... Read more
Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable and human-centric lighting (“HCL”) technologies, and developer of a range of UV-C disinfection (“UVCD”) products, today announced financial results for its third quarter ended September 30, 2021.
Third Quarter 2021 Financial Highlights:
Net sales of $2.7 million, a decrease of 53.9% compared to the third quarter of 2020 and an increase of 32.5% sequentially... Read more
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol" or the "Company"), a leader in smart building technologies, announces that it continues to scale its technology and solutions as it surpasses 400 customer buildings and is set to double its market share in 2022. Accelerating energy costs, GHG emission penalties, stakeholder activism demanding more robust sustainability initiatives and the need for healthy... 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 September 30, 2021, 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.
Tinuum & Refined... Read more
Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the third quarter ended September 30, 2021 (“Q3 2021”).
“We reported profitable operations in the third quarter, progressed in the ongoing development of our Dissolved... Read more
Revenue of $11.2 million, up 120% year-over-year
Total Bookings of $96.0 million, up 181% year-over-year
Total Booked ARR of $59.8 million, up 126% 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 and nine months ended September 30, 2021.
“It was another... Read more
News Summary
New Enterprise Agreement (EA) aims to accelerate customers digital transformation and fuel software revenue growth with partners
Easier for partners to sell and transact Cisco offers and solutions such as Hybrid Work, Full-stack Observability (FSO) and Secure Access Service Edge (SASE)
Cisco Capital financing mitigates credit risk and protects the balance sheets of customers and partners
Cisco... Read more
Cisco Partner Summit 2021
News Summary
With a partner-first mindset, Cisco provides solutions that simplify complex environments as the world embraces flexible ways of working.
ThousandEyes is introducing Application Outages, a global view of SaaS application health to empower proactive communication and remediation of outage events, plus, the first public Internet Outages Map based on collective... Read more
TenneT, a leading European electricity transmission system operator, has selected industrial technology company Emerson (NYSE: EMR) to provide software and services to optimize and secure the high-voltage transmission network responsible for delivering power to nearly 42 million people across the Netherlands and Germany.
Emerson’s OSI digital grid solutions offers a reliable and adaptable platform, Monarch™, that will... Read more
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced the launch of Itron Smart Pay for utilities and cities in North America. Building on Itron’s global leadership in prepayment solutions, with 20 million prepay endpoints in over 20 countries, Itron Smart Pay is Itron’s first Software as a Service (SaaS) delivery program model in North America. The solution is... Read more
Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, controls and IoT systems, including turnkey project implementation, program management and system maintenance, today reported results for its fiscal 2022 second quarter (Q2’22). Orion will hold an investor call today at 10:00 a.m. ET – details below.
Q2 Financial Highlights
Prior Three Quarters
$... 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 and resiliency of our Navy’s fleet, today reported financial results for its second quarter of fiscal year 2021 ended September 30, 2021.
Revenues for the second quarter of fiscal 2021 were... 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 third quarter ended September 30, 2021.
“Our third quarter results represent solid performance in a supply-constrained environment,” said Steve Kelley, president and CEO of Advanced Energy. “Demand for our highly engineered power... Read more
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol" or the "Company"), a leader in smart building technologies, is pleased to announce its entry into the net zero building infrastructure market through its operating subsidiary Global HVAC and Automation (“Global”).
“Following our acquisition of Global we have been focused on the many opportunities afforded by Global’ s scale and size,” said Paul... Read more
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart building technology, is shipping BioCloud units to a hospital in Belgium to support a fourth wave outbreak of COVID-19. The shipment to Belgium will be applied to various areas in the hospital, with multiple applications, in support of creating safe zones.
“BioCloud continues to gain new applications and... Read more
Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today reported fiscal fourth quarter 2021 GAAP earnings per share ("EPS") from continuing operations, including special items, of $0.38. Excluding these items, adjusted EPS from continuing operations was $0.88, up 16% versus the prior year period (see attached footnotes for non-GAAP reconciliation).
Sales of $6.4... Read more
Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced that its OpenBlue digital platform technologies will be rolled out across Derwent London's portfolio. This rollout will drive the digital transformation of Derwent London's estate, enabling new possibilities for operational efficiency, occupant experiences and sustainability in one dynamic... 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 third quarter of 2021.
Financial Highlights
Delivered $(0.04) GAAP EPS on a fully diluted basis for the third quarter of 2021, compared with $0.28 for the same period in 2020
Delivered $0.41 Distributable EPS on a fully diluted... 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 third quarter ended September 30, 2021.
Business and Financial Metrics
Units: Velodyne shipped a market leading more than 4,400 sensor units in the third quarter of 2021. The company also continued its leadership position in solid state... Read more
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), the leading lidar company, known worldwide for its broad portfolio of breakthrough lidar technologies, today announced the appointment of Theodore “Ted” L. Tewksbury, Ph.D. as Chief Executive Officer, effective November 10, 2021.
Dr. Tewksbury is a proven technology executive with more than 30 years of leadership experience across a series of public and private companies. Dr.... Read more
Alset EHome International Inc. (NASDAQ:AEI) ("AEI" or the "Company"), a diversified holding company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, is pleased to announce that American Medical REIT Inc. ("AMRE") has acquired three hospitals (the "Hospitals")... Read more
Itron, Inc. (NASDAQ:ITRI) announced today financial results for its third quarter ended Sept. 30, 2021. Key results for the quarter include (compared with the third quarter of 2020):
Revenue of $487 million, compared with $540 million;
Gross margin of 27.7%; compared with 26.5%;
GAAP net loss of $(2) million, compared with $(25) million;
GAAP loss per share (EPS) of $(0.04), compared with $(0.63);
Non-GAAP diluted EPS... Read more
Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, controls and IoT systems, including turnkey project implementation, program management and system maintenance, today announced the expansion of its executive management team with the appointment of Michael H. Jenkins as Chief Operating Officer (COO) to support the Company’s long-term growth objectives. Mr. Jenkins, an... Read more
Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.10 per share, payable on December 3, 2021, to shareholders of record as of November 22, 2021.
Future dividend declarations, as well as the record and payment dates for such dividends, are... Read more
Global technology and engineering leader Emerson (NYSE: EMR) announced today a $100 million commitment to Emerson Ventures, its corporate venture capital initiative designed to accelerate innovation by providing early access to cutting edge technologies that solve real customer challenges. The investment commitment will advance the development of disruptive discrete automation solutions, environmentally sustainable... 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 third quarter ended September 30, 2021. The Company reported third quarter net revenue of $66.2 million, GAAP operating loss of $10.0 million, GAAP net loss of $9.0 million, GAAP net loss of $0.09 per share, negative adjusted EBITDA of $0.8 million, and non-GAAP net loss of $0.08... Read more
Dresser Utility Solutions, a solutions provider for utility companies, and Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, have reached an agreement for the sale of Itron’s global gas regulator business and European commercial & industrial (C&I) gas metering business to Dresser Utility Solutions. The transaction is subject to customary closing conditions,... Read more
Emerson (NYSE: EMR) today reported results for the fourth quarter and fiscal year ended September 30, 2021.
“A rigorous focus on culture, our portfolio and operational execution is critical to our continued success, and I am incredibly proud of the initiative from our global team in these key areas," said Emerson President and CEO Lal Karsanbhai. "Our team has been working hard to mitigate the near-term impact of supply... Read more
Johnson Controls International plc (NYSE: JCI) Executive Vice President, Chief Customer & Digital Officer Michael Ellis and Vice President & Chief Technology Officer Vijay Sankaran will speak at the Wolfe Research Industrial Growth & Technology Conference held on Monday, November 15, 2021 at 2:25 p.m. EST. A live webcast of the presentation will be available on the company's website at:... Read more
Johnson Controls International plc (NYSE: JCI) Chairman and Chief Executive Officer George Oliver will speak at the Deutsche Bank Industrials Conference held on Tuesday, November 16, 2021 at 9:00 a.m. EST. A live webcast of the presentation will be available on the company's website at: http://investors.johnsoncontrols.com/news-and-events/events-and-presentations .
About Johnson Controls
At Johnson Controls... Read more