The Eastern pany(EML)
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Old Dominion University and Eastern Virginia Medical School Commemorate Integration at Community Celebration with Historic Investments and Name Unveilings
GlobeNewswire News Room· 2024-06-08 06:11
NORFOLK, Va, June 07, 2024 (GLOBE NEWSWIRE) -- Old Dominion University (ODU) and Eastern Virginia Medical School (EVMS) hosted a community celebration at Hilton Norfolk The Main on June 7 to commemorate the integration of EVMS into ODU. The celebration is a direct result of a community-inspired and collaboratively led journey to provide increased levels of support and visibility to EVMS and followed a more than two-year extensive planning process that involved hundreds of people from both campuses, as well ...
Zacks Initiates Coverage of Eastern With Neutral Recommendation
ZACKS· 2024-06-05 20:55
Zacks Investment Research has recently initiated coverage of The Eastern Company (EML) with a Neutral recommendation. The comprehensive report delves into the company's robust backlog growth, operational efficiencies, strong financial health and potential challenges, offering an insightful analysis for investors.Eastern has demonstrated significant backlog growth, with a 35% increase from $72 million as of Apr 1, 2023, to $97.4 million as of Mar 30, 2024. This growth indicates a solid demand for Eastern’s p ...
China Eastern Airlines receives first of 100-aircraft order
GlobeNewswire News Room· 2024-06-04 12:05
SHANGHAI, June 04, 2024 (GLOBE NEWSWIRE) -- The first aircraft of an additional order of 100 C919 jets placed by China Eastern Airlines last year was delivered, bearing flight number B-919G, as the Chinese-developed jetliner recently marked its one year of commercial operations.With this delivery, the C919 fleet of China Eastern Airlines, the first global buyer of the aircraft, now increases to six planes. China Eastern Airlines operated the maiden flight of the C919 on May 28, 2023. Over the past year, the ...
Stallion Uranium Closes Sale of Non-Core Uranium Projects in Eastern Athabasca Basin
GlobeNewswire News Room· 2024-06-03 19:00
VANCOUVER, British Columbia, June 03, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce that, further to its news release dated February 13, 2024, the Company has closed the purchase and sale agreement dated February 12, 2024 (the "Agreement"), under which the Company has sold Glorious Creation Limited ("Glorious") 100% interest in its three Eastern Basin Projects, comprising seven (7) mineral claims totalling approxim ...
Mama's Creations to Host First Quarter and Fiscal Year 2025 Earnings Call on June 11 at 4:30 p.m. Eastern Time
globenewswire.com· 2024-05-28 20:31
EAST RUTHERFORD, NJ, May 28, 2024 (GLOBE NEWSWIRE) -- Mama's Creations, Inc. (NASDAQ: MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal first quarter ended April 30, 2024 after market close on June 11, 2024. Management will host an investor conference call at 4:30 p.m. Eastern time on Tuesday, June 11, 2024 to discuss the Company's first quarter fiscal 2025 financial results, provide a corporate update, and conclude with Q&A from ...
Eastern Bankshares, Inc. And Cambridge Bancorp Announce Regulatory Approvals Received To Merge
prnewswire.com· 2024-05-28 20:30
BOSTON, May 28, 2024 /PRNewswire/ -- Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, and Cambridge Bancorp (NASDAQ: CATC) ("Cambridge"), the parent company of Cambridge Trust Company, today jointly announced they have received all necessary regulatory approvals to complete their proposed merger (the "Merger"), which was previously announced on September 19, 2023. The Merger is expected to close on or about July 12, 2024. "We are thrilled t ...
Coda Octopus Group Sets Fiscal Second Quarter 2024 Earnings Conference Call for Wednesday, June 12, 2024, at 10 a.m. Eastern Time
globenewswire.com· 2024-05-23 18:00
Orlando, FL, May 23, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (NASDAQ: CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and diving technology, will host a conference call on Wednesday, June 12, 2024 at 10:00 a.m. Eastern time to discuss its results for its fiscal second quarter ended April 30, 2024 (“SQ2024”). A press release detailing these results will be issued before the open of trading on June 12, 20 ...
FuelCell Energy Announces Second Quarter of Fiscal 2024 Results Conference Call on June 10, 2024 at 10 A.M. Eastern Time
globenewswire.com· 2024-05-22 20:00
DANBURY, Conn., May 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today announced the upcoming release of its second quarter of fiscal 2024 results prior to the Stock Market Open on Monday, June 10, 2024. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Easter ...
XTI Aerospace CEO to be Interviewed Live on Benzinga All Access Today at Approximately 11:00 AM Eastern Time
prnewswire.com· 2024-05-21 21:00
ENGLEWOOD, Colo., May 21, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company") today announced that Scott Pomeroy, Chief Executive Officer of XTI Aerospace, will be a featured guest on the Benzinga All Access show.Mr. Pomeroy is scheduled to appear today, May 21, 2024, at approximately 11:00 a.m. Eastern Time. The topics will be determined by Benzinga and are expected to include the aviation market, business aircraft segment, vertical takeoff and landing (VTOL) aircraft, electric ...
The Eastern pany(EML) - 2024 Q1 - Earnings Call Transcript
2024-05-11 20:03
财务数据和关键指标变化 - 第一季度净销售额下降6%至67.9百万美元,主要由于卡车配件和可回收运输包装产品需求下降,部分被卡车后视镜组件订单强劲所抵消 [16] - 毛利率从上年同期的21%上升至24%,主要反映了价格成本对齐和各种其他成本节约措施 [18] - 产品开发费用占销售额的2%,与上年同期的1.9%相比有所上升 [18] - 销售和管理费用下降4%,主要由于法律、专业销售成本和工资费用下降 [19] - 其他收支增加60万美元,主要由于2023年同期与出售绿色墙业务相关的不利营运资本调整 [20] - 净利润从上年同期的60万美元增加至190万美元,每股摊薄收益从0.1美元增加至0.31美元 [21] - 调整后EBITDA从上年同期的550万美元下降至520万美元 [22] - 经营活动产生的现金流从上年同期的690万美元下降至360万美元,主要由于应收账款增加和存货减少较少所致 [22] - 截至2024年3月30日,存货总额为55.8百万美元,较2023年年末下降3.5百万美元 [22] 各条业务线数据和关键指标变化 - 卡车镜组件订单强劲,带动总订单量增长22%至9.74亿美元 [17] - 卡车配件和可回收运输包装产品需求下降 [16] 各个市场数据和关键指标变化 - 无具体披露 公司战略和发展方向及行业竞争 - 公司目标是成为客户信赖的合作伙伴,提供增值的工程解决方案 [24][25] - 公司正在执行四大支柱战略:1)精益运营 2)优化资本运用 3)聚焦商业转型 4)价值创造性收购和垂直整合 [27][28] - 公司正在寻求垂直整合机会,以提高毛利率 [29][32] - 公司正在推进"一体化"战略,在各业务部门间协同,提高整体效率 [29][30] - 公司正在投资3.5百万美元用于塑料制造能力,以支持各业务部门的发展 [31] - 公司正在积极寻找适合的并购目标,以加快实现目标 [28][45] 管理层对经营环境和未来前景的评论 - 第一季度表现虽然较弱,但公司已经看到订单和毛利率的改善 [10][11][12] - 公司对2024年剩余时间的表现持乐观态度,预计第二至第四季度将强于第一季度 [49][50][51][52] - 公司认为行业环境良好,正在采取措施充分利用市场机遇 [58] 问答环节重要的提问和回答 问题1 **客户关系是否是公司的战略重点,是为了扩大现有产品还是拓展制造能力?** **回答** 公司希望成为客户信赖的合作伙伴,不仅提供现有产品,也会根据客户需求拓展制造能力,提供更多增值解决方案 [39][40] 问题2 **公司在市场竞争中的地位如何,相比之前有何变化?** **回答** 公司建立了新的业务理念和战略,包括明确四大支柱战略、实施"一体化"协同、聚焦有机增长和商业转型,这些都提升了公司的竞争力 [41][42][43] 问题3 **公司考虑进行重大并购交易的条件是什么?** **回答** 公司希望在保持适当的营运资本效率、持续降低债务、保持稳定的经营业绩等条件下,才会考虑进行重大并购交易 [45]