Latest news with #NorthlandCapitalMarkets
Yahoo
07-07-2025
- Business
- Yahoo
5 Insightful Analyst Questions From Richardson Electronics's Q1 Earnings Call
Richardson Electronics began 2025 with results that fell short of Wall Street's revenue expectations, while adjusted earnings surpassed consensus forecasts. Management pointed to segment-specific trends, with robust growth in its Canvys display solutions and semiconductor wafer fab sales offset by declines in Green Energy Solutions and Healthcare. The recent divestiture of the Healthcare business was a central topic, with management describing the transaction as a means to streamline operations and shift resources toward higher-growth segments. Chief Operating Officer Wendy Diddell acknowledged ongoing uncertainty in the operating environment, attributing it in part to 'a more fluid economic environment' and near-term challenges following the asset sale. Is now the time to buy RELL? Find out in our full research report (it's free). Revenue: $53.8 million vs analyst estimates of $54.75 million (2.7% year-on-year growth, 1.7% miss) Adjusted EPS: $0.11 vs analyst estimates of $0.08 (37.5% beat) Adjusted EBITDA: $2.81 million vs analyst estimates of $2.5 million (5.2% margin, relatively in line) Operating Margin: 4%, up from 1.9% in the same quarter last year Backlog: $134.1 million at quarter end Market Capitalization: $147.3 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Anja Soderstrom (Sidoti): Asked about sequential growth in Green Energy Solutions and the pipeline's health. General Manager Greg Peloquin emphasized no cancellations, but noted longer sales cycles and ongoing investment to accelerate time to market. Anja Soderstrom (Sidoti): Inquired about the impact of tariffs and supply chain adjustments. Peloquin and Diddell explained the company's minimal China exposure and inventory strategies to mitigate tariff effects, while seeking opportunities from 'Made in America' policies. Logan (Northland Capital Markets): Requested context on the surge in semiconductor wafer fab sales and its sustainability. Peloquin responded that while visibility is limited, growth is expected to continue through next year, albeit at a slower pace than the recent spike. Logan (Northland Capital Markets): Asked about capital allocation following the Healthcare sale. Diddell confirmed near-term capital will be used to expand engineering teams and accelerate product launches, with M&A strategy still in early development. Barry Mandel (Mandel Money Management): Sought updates on locomotive and rail segment orders. Peloquin highlighted strong progress and substantial orders, particularly with Progress Rail and Wabtec, with most shipments expected in the coming year. Looking ahead, our analysts will be closely monitoring (1) execution of new product launches and international expansion in Green Energy Solutions, (2) the pace at which Richardson Electronics can replace Healthcare segment earnings with higher-margin core business growth, and (3) management's ability to mitigate tariff and supply chain risks. Progress on strategic investments and any updates on M&A plans will also be key areas of focus. Richardson Electronics currently trades at $10.14, up from $9.78 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error 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
19-06-2025
- Business
- Yahoo
FatPipe to Present at the Northland Capital Markets Growth Conference 2025
SALT LAKE CITY, June 19, 2025 /PRNewswire/ -- FatPipe, Inc. FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") solutions that provide the highest levels of reliability, security, and optimization for Wide Area Networks (WANs), today announced Chairman and CEO Dr. Ragula Bhaskar's presentation at the virtual Northland Capital Markets Growth Conference 2025. Event Details:Date: June 25, 2025Presenter: Dr. Ragula Bhaskar, Chairman and CEO Location: Virtual Interested participants should contact their Northland Capital Markets sales representative for additional details and to arrange meeting opportunities. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs and allows companies and service providers to control multi-link network traffic. FatPipe currently has 12 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, visit Follow us on X @FatPipe_Inc. Forward-Looking Statements Certain statements contained in this press release, including statements relating to the Company's expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe's registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. Company Contact Info Investor Contact Dave Gentry, CEORedChip Companies, (733-2447) FATN@ View original content to download multimedia: SOURCE FatPipe Networks Error 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
05-06-2025
- Business
- Yahoo
Self-driving startup Plus to go public through $1.2 billion SPAC deal
(Reuters) -Self-driving truck startup Plus Automation will go public in the U.S. through a merger with blank-check firm Churchill Capital Corp IX in a $1.2 billion deal, the companies said on Thursday. The transaction will provide the company with $300 million in gross proceeds, which it plans to use to achieve the commercial launch of its autonomous trucks in 2027. The combined company will operate as PlusAI, after the transaction closes. Citigroup advised Churchill IX on the deal, while Northland Capital Markets served as the financial adviser to Plus. Error 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
Reuters
05-06-2025
- Business
- Reuters
Self-driving startup Plus to go public through $1.2 billion SPAC deal
June 5 (Reuters) - Self-driving truck startup Plus Automation will go public in the U.S. through a merger with blank-check firm Churchill Capital Corp IX (CCIX.O), opens new tab in a $1.2 billion deal, the companies said on Thursday. The transaction will provide the company with $300 million in gross proceeds, which it plans to use to achieve the commercial launch of its autonomous trucks in 2027. The combined company will operate as PlusAI, after the transaction closes. Citigroup advised Churchill IX on the deal, while Northland Capital Markets served as the financial adviser to Plus.
Yahoo
20-05-2025
- Business
- Yahoo
Northland Initiates Coverage of Hallador (HNRG) Stock, Cites Data Center Contract Potential
Northland Capital Markets initiated coverage of Hallador Energy Company (NASDAQ:HNRG) on Monday with an Outperform rating and a price target of $23. Analyst Jeff Grampp highlighted Hallador's acquisition of a 1 GW power plant in 2022 and its ongoing negotiations for a long-term contract to supply the majority of this capacity to a data center, potentially soon. A continuous supply of coal streaming out of the entrance of the underground mine. Northland Capital Markets also pointed out that Hallador has low-priced legacy power contracts that are set to expire in 2025, which the firm anticipates will provide a strong tailwind for the company's earnings estimates in 2026 and beyond. Hallador Energy Company (NASDAQ:HNRG) produces steam coal for the electric power generation industry in Indiana. The company owns the Oaktown Fuels Mine 1 and Oaktown Fuels Mine 2 which are underground mines located near Oaktown in Knox County in Indiana. It also owns the Freelandville surface mine located near Freelandville in Knox County in Indiana, and the Prosperity surface mine in the Illinois Basin located near Petersburg in Pike County in Indiana. While we acknowledge the potential of HNRG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HNRG and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error 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
