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indie Semiconductor Reports Second Quarter 2025 Results
ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor, Inc. (Nasdaq: INDI), an automotive solutions innovator, today announced second quarter results for the period ended June 30, 2025. Q2 revenue was $51.6 million with Non-GAAP gross margin of 49.1 percent, both above the midpoint of the outlook. On a GAAP basis, second quarter 2025 operating loss was $43.0 million compared to $36.6 million a year ago. Non-GAAP operating loss for the second quarter of 2025 was $14.5 million, compared to $1...
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Snap-on Incorporated Declares Quarterly Dividend
KENOSHA, Wis.--(BUSINESS WIRE)--The Snap-on Incorporated Board declared today a quarterly common stock dividend of $2.14 per share payable September 10, 2025....
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Global Automotive OEM Telematics Market Report 2025: The Number of Connected Cars with Embedded OEM Telematics Systems is Expected to Surpass 500 Million by 2029 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Automotive OEM Telematics Market 10th Edition" report has been added to ResearchAndMarkets.com's offering. Virtually all of the world's leading carmakers have launched mass-market services in key regions today. The research estimates that 79% of all new cars sold worldwide in 2024 were equipped with an OEM-embedded telematics system, up from 75% in 2023. The eCall mandate in EU27+EFTA+UK has accelerated the adoption of telematics, making it a standard featur...
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Archer Accelerates Defense Program with Two Strategic Acquisitions as it Pursues Growing Demand
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Archer (NYSE: ACHR) today announced two strategic acquisitions to accelerate the development of its next-generation defense aircraft. These acquisitions build on Archer’s December 2024 announcement of a strategic partnership with Anduril to co-develop hybrid, autonomous VTOL military aircraft—followed by $1.3B in capital raised to pursue both defense and commercial opportunities. Since that announcement, Archer continues to see growing demand from majo...
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PHINIA Reports Advancements in Strategy, Innovation, and Culture in Second Annual Sustainability Report
AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today released its 2024 Sustainability Report, reflecting company-wide progress across environmental, social, and governance priorities in 2024. Now in its second year, the report details PHINIA’s continued investment and development in sustainable operations and innovation, circular economy practices, inclusivity and engagement, employee well-being and...
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Hertz Logs Best Quarterly Results in Nearly Two Years, Driven by Half a Billion Dollar Profitability Improvement
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz," "Hertz Global," or the "Company") today reported results for its second quarter 2025. HIGHLIGHTS Net income and Adjusted Corporate EBITDA both improved ~$0.5 billion year-over-year, marking the Company's first quarter of positive Adjusted Corporate EBITDA in nearly two years, a result of its disciplined fleet management, operational efficiency, and rigorous cost management The Company’s “Buy Right, Hold Right, Se...
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Faraday Future to Announce Major Breakthrough of its Bridge Strategy on August 16 in Pebble Beach and will Host Various Experiential and Online Activities During Monterey Car Week
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that a major strategic upgrade for the Company will be announced on August 16th, at Pebble Beach, to kick off the second chapter of FF’s Bridge Strategy. This will not only be a major milestone in the evolution of FF’s Bridge Strategy, but FF expects that it will also ope...
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Blue Bird Reports Fiscal 2025 Third Quarter Results; Beats Third Quarter Guidance With Record Results; Raising 2025 Guidance and Long-Term Outlook; $100M Share Buy-back Announced
MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2025 third quarter results. Highlights (in millions except Unit Sales and EPS data) Three Months Ended June 28, 2025 B/(W) Prior Year Nine Months Ended June 28, 2025 B/(W) Prior Year Unit Sales 2,467 316 6,892 358 GAAP Measures: Revenue $ 398.0 $ 64.6 $ 1,070.7 $ 73.8 Net Income $ 36.5 $ 7.7 ...
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Codasip looks to Silicon Creations’ PLL to drive RISC-V Automotive Safety-Critical Core
ATLANTA--(BUSINESS WIRE)--Silicon Creations, a leading provider of high-performance analog and mixed-signal intellectual property (IP) today announced that its low-area integer PLL has been successfully integrated into Codasip’s latest test chip, enabling the evaluation of Codasip’s L31AS dual-core lock-step CPU and crypto accelerator IP. The collaboration marks a key milestone in the deployment of robust and efficient clocking solutions for automotive-grade RISC-V systems. Designed for automot...
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Global Automotive Construction Project Insights Report, Q2 2025 | $232 Billion Currently in the Pipeline - Track the Top 20 Projects per Region by Giving Country, Stage, Value of Projects - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Project Insight - Global Automotive Construction Projects (Q2 2025)" report has been added to ResearchAndMarkets.com's offering. The report provides analysis based on the analyst's construction projects showing total project values and analysis by stage and funding for all regions. The top 20 projects per region are listed giving country, stage, value of projects. Ranked listings of the key operators for the sector are also provided showing the leading contractors,...