AEye Reports Second Quarter 2023 Results
DUBLIN, Calif.–(BUSINESS WIRE)– Management Commentary “AEye has taken a significant step forward this quarter in our path to commercialization in the automotive market,” said Matt Fisch, AEye CEO. “We’ve achieved major in-vehicle test milestones with three prestigious industry players, including NVIDIA and two global automotive OEMs; AEye has solidified a production-ready supply chain with Continental […]
SkyWater Technology Reports Second Quarter 2023 Results
Record Revenues and Continued Year-over-Year Increase in Gross Margin BLOOMINGTON, Minn.–(BUSINESS WIRE)–SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter of 2023, ended July 2, 2023. Highlights for Q2 2023: Revenue increased 47% year-over-year to a record $69.8 million. Gross margin increased to 23.9% on a GAAP […]
Advance Auto Parts Offering Students a Chance to Win a ‘Fuel Ride to College’ and Free ‘Off-to-Campus’ In-Store Services
Incoming college freshmen can enter to win a “fuel ride” – four years of free gasoline – after new national survey reveals gas is a significant financial strain for majority of students RALEIGH, N.C.–(BUSINESS WIRE)–Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider, announced today that it will help advance the education of […]
EVPassport Announces it is Joining the ZETA Coalition: EVPassport, Which Has the Nation’s Most Reliable Charging Network, Joins Group Of Industry Leaders to Advocate for EV Adoption
LOS ANGELES–(BUSINESS WIRE)–EVPassport and the Zero Emission Transportation Association (ZETA) announced that EVPassport would be joining the coalition as a member. EVPassport brings the nation’s most reliable EV charging network to the group of dozens of companies, all of which are critical to promoting EV adoption. By joining ZETA, EVPassport builds on the work […]
Majority of Automakers Expect New Vehicle Gross Margins to Remain Above Pre-Covid Levels, Though Dealership Profits Are Projected to Decline
New survey from Kerrigan Advisors reveals that OEMs are looking at a new normal when it comes to dealership profitability, lower inventory levels and more OEM involvement in pricing; 68% expect some form of non-negotiable pricing to be part of future EV retail model INCLINE VILLAGE, Nev.–(BUSINESS WIRE)– “This survey was designed to gauge OEM […]