Cepton, Inc. Reports Third Quarter 2023 Results
SAN JOSE, CA–(BUSINESS WIRE)– “For the second consecutive quarter, we set new company records for shipment volumes for the automotive end market,” said Jun Pei, Cepton’s Co-Founder and CEO. “Our continued dedication to executing our milestones and increasing adoption in targeted smart application markets demonstrates our technology leadership in lidar.” Business Highlights Series Production Execution […]
Can You Believe This?! Runaway trailers, sentient gas caps and more
Toronto, Ontario — Hey, did you know it’s Friday?! Let’s laugh in the weekend with this weekly Can You Believe This?! segment, from your friends at Collision Repair mag.
Transphorm Announces Fiscal 2024 Second Quarter Results and Provides Business Update
– Reports Second Quarter Year-Over-Year Revenue Grew 37% to $5.0 Million as Gross Margin Increased by 11.5% to 23% – Product Revenue Increased to $3.55 Million, Up 18% Over the Prior Quarter – Recently Engaged BofA Securities, Inc. to Act as Financial Advisor in Company’s Strategic Review to Enhance Stockholder Value – Company to Host […]
AEye Reports Third Quarter 2023 Results
Provides Update on Automotive-First Strategy Significant Reduction in Burn Rate Extending Cash Runway out to 2025 DUBLIN, Calif.–(BUSINESS WIRE)–AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the third quarter ended September 30, 2023. Management Commentary “Market conditions are evolving, and we believe the lidar market […]
Clean Energy Reports Revenue of $95.6 Million and 56.7 Million RNG Gallons Sold for the Third Quarter of 2023
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean Energy” or the “Company”) today announced its operating results for the third quarter of 2023. Financial Highlights Revenue of $95.6 million in Q3 2023 compared to $125.7 million in Q3 2022. Net loss attributable to Clean Energy for Q3 2023 was $(25.8) million, or $(0.12) […]
Microvast Reports Third Quarter 2023 Financial Results
Revenue increased 107.5% year over year to $80.1 million Achieved record backlog of $678.7 million, up 382.7% year over year Gross margin increased from 5.2% to 22.3%, a 17.1 percentage point improvement year over year STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion […]
Riding In Stride: Consolidated Collision Services kicks off with Full Stride Toronto
Toronto, Ontario — We are in Toronto with Consolidated Collision Services for their Ontario regional meeting. An event packed with insightful information on CCS shop operations, industry happening and more, all held at the Great Canadian Casino Resort, Collision Repair was on-site to capture all of the exciting news this banner is up to. Get […]
An Enterprising Examination: Enterprise Q3 2023 data reveals effects of severe summer storms on total loss claims
Toronto, Ontario — Enterprise has recently released Q3 2023 data that reveals the overall collision-related length of rentals (LOR) in Q3 2023 is 16.3 days, a slight decrease from Q3 2022. Newfoundland and Labrador touts the lowest LOR across the country, according to Enterprise data, at 14.1 days—a full two days shorter than the second-shortest […]
A Pivoting Partnership: AutoTrader Canada partners with London Dynamics to develop AutoTrader Pivot
Toronto, Ontario — AutoTrader.ca, Canada’s largest automotive market place, and London Dynamics, a product visualization and augmented reality (AR) scale-up, have partnered to develop AutoTrader Pivot. According to a recent press release, AutoTrader Pivot aims to “reshape the future” of online car shopping by offering OEMs and retailers AR programming meant to heighten automotive engagement […]
