Latest news with #Andover
BBC News
22-07-2025
- Health
- BBC News
'True English gentleman' leaves £1m to Andover hospice
A hospice has received a £1m legacy gift from a "true English gentleman" it cared for in the final days of his Countess of Brecknock Hospice in Andover, Hampshire, was left its largest-ever legacy by Leonard Fuller, who passed away from cancer in 2024 at the age of Fuller, a former mechanical engineer, founded and ran a successful business specialising in making bespoke lorry trailers. He continued working until retiring aged only surviving relative, James Adams from Horndean, said Mr Fuller was deeply grateful to the hospice for enabling him to spend his final days in the comfort of his beloved family home. "The hospice were outstanding in what they did," said Mr Adams, who affectionately referred to Mr Fuller as his uncle. He explained that the hospice provided on-call care at home, allowing Mr Fuller to remain where he felt most most important thing for his uncle "was to be at home" and the hospice were committed to making that happen, he said. Mr Adams said his uncle was a "fascinating" man and "an old school English gentleman" whose final wish in his will was for "everything to go to charity". 'Extraordinary generosity' He said his "work, values, and quiet generosity have left a permanent mark on Andover and its people"."This final gift is exactly in character, - a legacy not just of money but of dignity, dedication, and care for others."Clare Scheckter, chair of trustees at the hospice, said: "This extraordinary act of generosity will help to fund principally our community nursing services, from which Leonard Fuller benefited, and will also augment our new Forever Fund, which has been established to assist with securing the future financial stability of the hospice."She said Mr Fuller's donation was a testament to the "professionalism and kindness" their clinicians, who care for 10 inpatients and almost 300 outpatients in the added that his "kindness and vision will live on in the care we are able to offer to others". You can follow BBC Hampshire & Isle of Wight on Facebook, X (Twitter), or Instagram.
Yahoo
21-07-2025
- Business
- Yahoo
Mercury Systems to Report Fourth Quarter and Full Year Fiscal Year 2025 Financial Results on August 11, 2025
ANDOVER, Mass., July 21, 2025 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, a technology company that delivers mission-critical processing to the edge, will release its fourth quarter and full year fiscal year 2025 financial results after the market close on Monday, August 11, 2025. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook. In addition, Company representatives may answer questions concerning business and financial developments and trends, the Company's view on earnings forecasts, and other business and financial matters affecting the Company, the responses to which may contain information that has not been previously disclosed. To attend the conference call or webcast, participants should register online at Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call. A replay of the webcast will be available two hours after the call and archived on the same web page for six months. Mercury Systems – Innovation that matters®Mercury Systems is a technology company that delivers mission-critical processing to the edge, making advanced technologies profoundly more accessible for today's most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury's products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has more than 20 locations worldwide. To learn more, visit (Nasdaq: MRCY) CONTACTTyler HojoVice President, Investor in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
Byrna Technologies Reports Fiscal Second Quarter 2025 Results
Q2 Revenue Grows 41% Year-Over-Year to a Record $28.5 Million as Byrna Introduces New Compact Launcher and Increases Dealer Sales 106% Over Prior Year on the Back of the Sportsman's Warehouse Partnership ANDOVER, Mass., July 10, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. ('Byrna' or the 'Company') (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for its fiscal second quarter ended May 31, 2025. Fiscal Second Quarter 2025 and Recent Operational Highlights Launched the Byrna Compact Launcher (CL), a 38% smaller launcher than the flagship Byrna SD that delivers the same force per square inch as the Byrna LE. The CL is now available for purchase on Amazon and is featured in Amazon's Prime Day sales event from July 8-11, 2025. Expanded Byrna's store-within-a-store concept with Sportsman's Warehouse, now operating in 12 stores with an additional 10 stores expected to open in the third quarter. Successfully ramping company-owned retail locations launched earlier this year. Byrna's five locations combined averaged $69,000 in sales during May. Notably, the Scottsdale location reached a sales run rate comparable to Byrna's long-established Las Vegas store within just a few months of opening. Added Tucker Carlson to the roster of celebrity influencers to amplify brand awareness and promote the normalization of less-lethal solutions. Fiscal Second Quarter 2025 Financial ResultsResults compare the fiscal second quarter ended May 31, 2025 ('Q2 2025') to the fiscal second quarter ended May 31, 2024 ('Q2 2024') unless otherwise indicated. Net revenue for Q2 2025 grew 41% year-over-year to $28.5 million from $20.3 million in Q2 2024. The strong year-over-year growth was primarily attributable to the launch of the CL, increased dealer sales, and broader brand adoption. Gross profit for Q2 2025 increased to $17.6 million (62% of net revenue) from $12.6 million (62% of net revenue) in Q2 2024, reflecting the strong increase in sales. The introduction of the CL contributed to a favorable product sales mix that offset any decrease due to a change in channel mix which resulted in stronger dealer sales. Operating expenses for Q2 2025 were $14.2 million, compared to $10.6 million for Q2 2024. The increase was primarily due to higher variable selling expenses, payroll costs, and increased discretionary marketing spend. Net income for Q2 2025 was $2.4 million, an increase from $2.1 million for Q2 2024, driven by an overall increase in product sales which was partially offset with higher income tax expense for the quarter. Adjusted EBITDA1, a non-GAAP metric reconciled below, for Q2 2025 totaled $4.3 million, compared to $2.8 million in Q2 2024. Cash, cash equivalents and marketable securities at May 31, 2025 totaled $13.0 million compared to $25.7 million at November 30, 2024. The decrease reflects the planned increase in inventory ahead of the Compact Launcher release and normal seasonal working capital movements. Inventory at May 31, 2025 totaled $32.3 million, compared to $20.0 million at November 30, 2024. The Company has no current or long-term debt. Management CommentaryByrna CEO Bryan Ganz stated: 'The launch of the Byrna CL in May helped us deliver a record $28.5 million in revenue for the second quarter. Despite overall softness in consumer spending, our focused marketing and retail expansion strategies allowed us to continue growing our total addressable market and reach new milestones. Looking ahead, we expect that the CL will be a larger part of our sales mix, especially now that it is available to customers on Amazon. 'Our dealer channel is also becoming a larger percentage of total sales, increasing 106% in the second quarter, supported by our partnership with Sportsman's Warehouse. We've successfully rolled out the first 12 store-within-a-store locations and plan to add another 10 stores in the third quarter in addition to 38 stores with a point of sale display. 'Our company-owned stores continue to outperform expectations, with five locations collectively averaging $69,000 in sales during May. Our Scottsdale location, which has only been open for a few months, is already performing at levels similar to our longstanding retail store in Las Vegas. We believe our company-owned stores will continue to perform well and become strong contributors as we further increase local and national brand awareness. 'On the marketing front, we continue to diversify our approach. We recently added Tucker Carlson to our roster of celebrity influencers, and while it is still early, initial web traffic trends have been encouraging. Additionally, we've begun integrating AI tools into our content production, which is already helping us accelerate creative testing and expand our marketing reach. 'Operationally, we have adjusted production to align with current demand following the CL launch and elevated inventory build. Ahead of the CL debut, production was running heavy in an effort to prepare for the launch. We are now producing at a steady state pace of 15,000 units per month and have implemented a more efficient assembly structure that allows us to maintain output with a smaller, more agile workforce. 'Looking ahead, we expect consumer sentiment to remain subdued, which may continue to limit near-term revenue upside. However, we are confident that the growing momentum of the CL and our expanding retail presence position us well to deliver strong year-over-year growth in the second half of the year. We also expect our cash position to increase as our heightened inventory levels normalize over the coming quarters. While the third quarter is typically a seasonally slower period for Byrna, we remain focused on executing against our operational priorities, expanding market awareness, and setting the stage for a strong finish to the year.' Conference CallThe Company's management will host a conference call today, July 10, 2025, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss these results, followed by a question-and-answer period. Toll-Free Dial-In: 877-709-8150International Dial-In: +1 201-689-8354Confirmation: 13754369 Please call the conference telephone number 5-10 minutes prior to the start time of the conference call. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860. The conference call will be broadcast live and available for replay here and via the Investor Relations section of Byrna's website. About Byrna Technologies is a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® CL, Byrna® LE and Byrna® SD personal security devices, state-of-the-art handheld CO2 powered launchers designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store. Forward-Looking StatementsThis news release contains "forward-looking statements" within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "intends," "anticipates," and "believes" and statements that certain actions, events or results "may," "could," "would," "should," "might," "occur," or "be achieved," or "will be taken." Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include but are not limited to our statements related to our expected sales during the second half of fiscal year 2025, the expected expansion of Byrna's store-within-a-store partnership with Sportsman's Warehouse, expected sales trends for the Byrna CL, Byrna's expectations regarding sales at its retail stores, benefits from new marketing partnerships, the expected benefits from AI integration with manufacturing and testing, the expected benefits from a leaner workforce, expectations regarding consumer sentiment and seasonal sales variations, and potential increases in our cash position. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied. Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; prolonged, new, or exacerbated disruption of our supply chain; the further or prolonged disruption of new product development; production or distribution disruption or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, increased transportation costs or interruptions, including due to weather, flooding or fires; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; determinations by third party controlled distribution channels, including Amazon, not to carry or reduce inventory of the Company's products; determinations by advertisers or social media platforms, or legislation that prevents or limits marketing of some or all Byrna products; the loss of marketing partners; increases in marketing expenditure may not yield expected revenue increases; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design or manufacturing defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations and the implementation or change in tariffs; and future restrictions on the Company's cash resources, increased costs and other events that could potentially reduce demand for the Company's products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, ("Risk Factors") in the Company's most recent Form 10-K and Part II, Item 1A ('Risk Factors') in the Company's most recent Form 10-Q, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in the Company's SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law. Investor Contact:Tom Colton and Alec WilsonGateway Group, Inc.949-574-3860BYRN@ -Financial Tables to Follow- BYRNA TECHNOLOGIES INC. Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Amounts in thousands except share and per share data) (Unaudited) For the Three Months Ended For the Six Months Ended May 31 May 31 2025 2024 2025 2024 Net revenue $ 28,505 $ 20,269 $ 54,695 $ 36,923 Cost of goods sold 10,941 7,709 21,207 14,724 Gross profit 17,564 12,560 33,488 22,199 Operating expenses 14,238 10,647 28,466 20,450 INCOME FROM OPERATIONS 3,326 1,913 5,022 1,749 OTHER INCOME (EXPENSE) Foreign currency transaction loss (135 ) (220 ) (215 ) (279 ) Interest income 116 323 303 604 Income from joint venture - 62 - 20 Other income 18 2 17 3 INCOME BEFORE INCOME TAXES 3,325 2,080 5,127 2,097 Income tax expense (898 ) (3 ) (1,038 ) (3 ) NET INCOME (LOSS) $ 2,427 $ 2,077 $ 4,089 $ 2,094 Foreign currency translation adjustment for the period 76 144 (54 ) 29 Unrealized gain on marketable securities 17 - 77 - COMPREHENSIVE INCOME (LOSS) $ 2,520 $ 2,221 $ 4,112 $ 2,123 Basic net income (loss) per share $ 0.11 $ 0.09 $ 0.18 $ 0.09 Diluted net income (loss) per share $ 0.10 $ 0.09 $ 0.17 $ 0.09 Weighted-average number of common shares outstanding - basic 22,668,546 22,728,500 22,628,270 22,383,769 Weighted-average number of common shares outstanding - diluted 23,951,297 23,731,076 24,021,948 22,942,530 BYRNA TECHNOLOGIES INC. Condensed Consolidated Balance Sheets (Amounts in thousands, except share and per share data) May 31 November 30, 2025 2024 Unaudited ASSETS CURRENT ASSETS Cash and cash equivalents $ 7,001 $ 16,829 Marketable Securities 5,984 8,904 Accounts receivable, net 6,536 2,630 Inventory, net 32,286 19,972 Prepaid expenses and other current assets 3,931 2,623 Total current assets 55,738 50,958 LONG TERM ASSETS Deposits for equipment 1,981 2,665 Right-of-use-asset, net 2,262 2,452 Property and equipment, net 6,844 3,408 Intangible assets, net 3,215 3,337 Goodwill 2,258 2,258 Deferred tax asset 4,797 5,837 Other assets 355 1,007 TOTAL ASSETS $ 77,450 $ 71,922 LIABILITIES CURRENT LIABILITIES Accounts payable and accrued liabilities $ 14,377 $ 13,108 Operating lease liabilities, current 652 539 Deferred revenue, current 335 1,791 Total current liabilities 15,364 15,438 LONG TERM LIABILITIES Deferred revenue, non-current 15 17 Operating lease liabilities, non-current 1,935 2,098 Total liabilities 17,314 17,553 STOCKHOLDERS' EQUITY Preferred stock - - Common stock 25 25 Additional paid-in capital 134,739 133,029 Treasury stock (21,308 ) (21,253 ) Accumulated deficit (52,694 ) (56,783 ) Accumulated other comprehensive loss (626 ) (649 ) Total Stockholders' Equity 60,136 54,369 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 77,450 $ 71,922 Non-GAAP Financial Measures In addition to providing financial measurements based on generally accepted accounting principles in the United States (GAAP), we provide an additional financial metric that is not prepared in accordance with GAAP (non-GAAP) with presenting non-GAAP adjusted EBITDA. Management uses this non-GAAP financial measure, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes and to evaluate our financial performance. We believe that this non-GAAP financial measure helps us to identify underlying trends in our business that could otherwise be masked by the effect of certain expenses that we exclude in the calculations of the non-GAAP financial measure. Accordingly, we believe that this non-GAAP financial measure reflects our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business and provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects. This non-GAAP financial measure does not replace the presentation of our GAAP financial results and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with GAAP. There are limitations in the use of non-GAAP measures, because they do not include all the expenses that must be included under GAAP and because they involve the exercise of judgment concerning exclusions of items from the comparable non-GAAP financial measure. In addition, other companies may use other non-GAAP measures to evaluate their performance, or may calculate non-GAAP measures differently, all of which could reduce the usefulness of our non-GAAP financial measure as a tool for comparison. Adjusted EBITDA Adjusted EBITDA is defined as net (loss) income as reported in our condensed consolidated statements of operations and comprehensive (loss) income excluding the impact of (I) depreciation and amortization; (ii) income tax provision (benefit); (iii) interest income (expense); (iv) stock-based compensation expense, (v) impairment loss, and (vi) one time, non-recurring other expenses or income. Our Adjusted EBITDA measure eliminates potential differences in performance caused by variations in capital structures (affecting finance costs), tax positions, the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). We also exclude certain one-time and non-cash costs. Reconciliation of Adjusted EBITDA to net (loss) income, the most directly comparable GAAP measure, is as follows (in thousands): For the Three Months Ended For the Six Months Ended May 31 May 31 2025 2024 2025 2024 Net Income (Loss) $ 2,427 $ 2,077 $ 4,089 $ 2,094 Adjustments: Interest income (116 ) (323 ) (303 ) (604 ) Income tax expense 898 3 1,038 3 Depreciation and amortization 252 165 437 335 Non-GAAP EBITDA $ 3,461 $ 1,922 $ 5,261 $ 1,828 Stock-based compensation expense 723 858 1,562 1,796 Severance/Separation/Officer recruiting 116 246 175 Non-GAAP adjusted EBITDA $ 4,300 $ 2,780 $ 7,069 $ 3,799 1 See non-GAAP financial measures at the end of this press release for a reconciliation and a discussion of non-GAAP financial measures.
Hypebeast
09-07-2025
- Entertainment
- Hypebeast
Engineered Garments 2026 春季系列「This Are Two Tone」發佈
本文看點 Engineered Garments2026 春季系列系列圍繞著黑白兩色展開，巧妙地命名為「This Are Two Tone」，講述了一個關於英國 2 Tone 和 ska 復興樂團 The Specials 的宏大敘事。 系列服飾採用來自世界各地的原創面料製成，主打一款印在棉質防撕裂布上的格紋圖案，以及品牌標誌性的 ska 音樂腳印圖案，後者則呈現在聚酯纖維飛行斜紋布上。在眾多亮眼的廓形中，三件式西裝讓人聯想到 The Specials 經典的制服，而三扣的 Andover 外套則展現了 Nepenthes 子品牌的實用主義。 此外，系列中還包括多款長褲，例如剪裁較窄的 Andover 長褲，以及版型較寬的 Carlyle 長褲。當這些長褲搭配新款外套，像是 Claigton 外套和 AN 外套時，每一款褲裝都為樂團的三件式西裝廓形提供了獨特的詮釋，而搭配系列中的緞帶和窄版領帶，則更能將其精髓完美呈現。 感興趣的讀者不妨瀏覽藝廊查看本季完整型錄。
Globe and Mail
08-07-2025
- Business
- Globe and Mail
Vicor Corporation to Hold Second Quarter Earnings Conference Call and Webcast on July 22, 2025
ANDOVER, Mass., July 08, 2025 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) announced today it will hold its second quarter 2025 earnings conference call and webcast on Tuesday, July 22, 2025 at 5:00 p.m. (Eastern). Prepared remarks regarding the company's financial and operational results for the three and six months ended June 30, 2025 will be followed by a question and answer period with Patrizio Vinciarelli, Chief Executive Officer, Jim Schmidt, Chief Financial Officer, and Phil Davies, Corporate Vice President, Global Sales and Marketing. Results for the second quarter will be released over GlobeNewswire at the close of the NASDAQ Market Session on July 22, 2025, and the press release and a summary of the company's financial statements will be available shortly thereafter on the Investor Relations page of Vicor's website. Vicor encourages investors and analysts who intend to ask questions via the conference call to register with Notified, the service provider hosting the conference call. Those registering on Notified's website will receive dial-in info and a unique PIN to join the call as well as an email confirmation with the details. Registration may be completed at any time prior to 5:00 p.m. on July 22, 2025. For those parties interested in listen-only mode, the conference call will be webcast via a link that will be posted on the Investor Relations page of Vicor's website prior to the conference call. Please access the website at least 15 minutes prior to the conference call to register and, if necessary, download and install any required software. For those who cannot participate in the live conference call, a webcast replay of the conference call will also be available on the Investor Relations page of Vicor's website. About Vicor Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products to the power systems market, including enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, and aerospace and defense electronics.
