Latest news with #Seyfert
Yahoo
01-07-2025
- Science
- Yahoo
This supermassive black hole is eating way too quickly — and 'burping' at near-light speeds
When you buy through links on our articles, Future and its syndication partners may earn a commission. Astronomers have witnessed a distant supermassive black hole devouring its surrounding matter so rapidly that it is "burping" out excess mass at nearly a third of the speed of light. The discovery was made when researchers studied the supermassive-black-hole-powered Active Galactic Nucleus (AGN) of a Seyfert galaxy located about 1.2 billion light-years away. The black hole, designated PG1211+143, has a mass around 40 million times that of the sun and powers a bright quasar. This made it a prime target for astronomers seeking to understand how supermassive black holes grow by feeding on, or "accreting," matter. The team examined the black hole using the European Space Agency (ESA) X-ray spacecraft XMM-Newton, finding an influx of matter equivalent to the mass of 10 Earths flowing to the object over a period of just five weeks. The matter falling around the black hole settles into a flattened cloud of gas and dust called an accretion disk, from which material is fed to the central black hole. But even this monstrous black hole can't stomach so much matter, leading to some serious indigestion in the form of outflows travelling at around 0.27 times the speed of light. That's about 181 million miles per hour, or 100,000 times the top speed of a Lockheed Martin F-16 jet fighter. These outflows followed the black hole's inflow of matter with a delay of a few days, heating matter around the AGN to temperatures of several million degrees. This generated radiation pressure that pushed excess matter away from the central region of PG1211+143. Because stars form in galaxies from excesses of cold, dense gas, these high-speed outflows could be starving PG1211+143's surrounding space of the building blocks for new stars, both by heating gas and dust and by pushing that material away. That means studying these high-speed outflows from this black hole could help scientists to discover how black hole eruptions transform galaxies from hubs of star birth to a more quiescent existence. Related Stories: — Scientist image 3-million-light-year-long 'cosmic web' ensnaring 2 galaxies for 1st time — 'Superhighways' connecting the cosmic web could unlock secrets about dark matter — How does the Cosmic Web connect Taylor Swift and the last line of your 'celestial address?'years "Establishing the direct causal link between massive, transient inflow and the resulting outflow offers the fascinating prospect of watching a supermassive black hole grow by regular monitoring of the hot, relativistic winds associated with the accretion of new matter," team leader Ken Pounds from the University of Leicester said in a team's research was published on June 10 in the journal Monthly Notices of the Royal Astronomical Society (MNRAS)
Yahoo
14-06-2025
- Business
- Yahoo
Sturm Ruger CEO sees 2025 bottom line impacted by price repositioning moves
On June 13, Sturm, Ruger & Company provided a communication from Todd Seyfert, CEO, to its employees regarding his first 100 days and management's ongoing corporate strategy initiatives, the company disclosed in a regulatory filing. In the letter to employees, Seyfert stated in part: 'The last few months have been nothing short of transformative – and it's thanks to your focus, dedication, and belief in what we're building. As I have been doing since my first days as CEO, I wanted to update you all transparently and clearly about where I see our short-term and long-term future… With these bold moves, there comes a cost – both emotionally and financially. Change of this scale requires tough decisions, meaningful investment, and short-term impacts that we've chosen to take head-on to position Ruger for long-term strength… It is important to note that we are making these strategic decisions now – thoughtfully and intentionally – so that Ruger is positioned for consistency, stability, and profitable growth in 2026 and beyond. Yet, there will be a cost to the Company for 2025. We expect the expense-related to these initiatives to total approximately $15 million to $20 million over the remainder of the year. We additionally anticipate our price repositioning moves to impact our overall bottom line over that same period. Consequently, we currently believe that our results for the remainder of the year, before the one-time costs and expenses, will look more like prior periods, such as the latter part of 2019, where the Company continued to focus on executing its long-term strategy and delivering long-term value for shareholders in the face of broader industry challenges. These actions will be largely completed by the beginning of 2026, placing Ruger in a strong position for renewed growth and performance in the years to come. Importantly, none of this will slow our momentum when it comes to investing in what matters most, including aggressive new product development and expansion of capacity in areas where market demand exceeds our current ability to supply. We remain fully committed to profitable expansion, product innovation, agile responsiveness, and ensuring we meet the expectations of our customers and the marketplace.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on RGR: Disclaimer & DisclosureReport an Issue Sturm Ruger Announces Strategic Initiatives Under New CEO Supreme Court blocks Mexico suit against gunmakers Sturm Ruger Appoints New General Counsel Sturm Ruger Amends By-Laws for Shareholder Actions Sturm Ruger Reports Stable Q1 2025 Financial Results 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
14-05-2025
- Business
- Yahoo
RGR Q1 Earnings Call: Flat Sales in Weak Market, Focus Remains on Innovation and Capacity
American firearm manufacturing company Ruger (NYSE:RGR) fell short of the market's revenue expectations in Q1 CY2025, with sales flat year on year at $135.7 million. Its non-GAAP profit of $0.46 per share was 29.2% below analysts' consensus estimates. Is now the time to buy RGR? Find out in our full research report (it's free). Revenue: $135.7 million vs analyst estimates of $148 million (flat year on year, 8.3% miss) Adjusted EPS: $0.46 vs analyst expectations of $0.65 (29.2% miss) Adjusted EBITDA: $14.3 million vs analyst estimates of $18.71 million (10.5% margin, 23.6% miss) Operating Margin: 6.2%, in line with the same quarter last year Free Cash Flow Margin: 7.4%, up from 4.1% in the same quarter last year Market Capitalization: $612.4 million Ruger's first quarter results reflected the impact of a challenging firearms market, with management citing pressure across handguns, rifles, and shotguns. CEO Todd Seyfert emphasized that while industry-wide retail sales declined, Ruger's own performance held steady, supported by demand for recent new product introductions such as the RXM pistol and the Marlin lever-action rifles. Seyfert highlighted operational improvements and the company's ability to adapt production levels to market conditions, noting, 'Our flexible manufacturing model allowed us to adjust production based on demand while maintaining our focus on safety, quality, delivery, and cost.' Looking forward, management outlined plans to accelerate new product launches and expand production capacity, even as broader consumer demand remains uncertain. Seyfert described a 'full pipeline of roadmaps for our product categories' and indicated that capital investments would support getting new models to market faster. He acknowledged industry headwinds but projected that Ruger's financial discipline and U.S.-centric supply chain would help the company maintain stability and pursue growth opportunities, stating, 'We actually feel that we have opportunity to go out in certain categories, be more aggressive, take share, and we have the balance sheet to do that.' Management attributed Ruger's flat sales to continued demand for new products and operational adaptability in a declining market. They also highlighted ongoing investments intended to improve long-term competitiveness. Leadership Transition: The quarter marked Todd Seyfert's first as CEO, following Chris Killoy's retirement. Seyfert has prioritized maintaining Ruger's culture of quality and operational discipline during the transition. Industry-wide Demand Weakness: Management pointed to a nearly 10% year-on-year decline in overall U.S. retail firearm unit sales, with Ruger's results outperforming this trend by remaining flat. Seyfert noted, 'Although the firearms industry may be cyclical, Ruger does not have to be.' New Product Contribution: New product sales made up 31.6% of quarterly revenue. High-demand launches included the RXM pistol, second-generation Ruger American rifle, and Marlin lever-action rifles, indicating ongoing customer interest in recently introduced models. Flexible Manufacturing and Supply Chain: Ruger's U.S.-based manufacturing footprint and sourcing insulated the company from immediate tariff impacts. The company increased raw material inventories to buffer against potential supply disruptions and cost increases. Capital Investment Plans: Management discussed higher capital expenditures—potentially exceeding $30 million for the year—to support faster new product introductions, capacity expansion, and manufacturing upgrades. Seyfert stated, 'We will be more aggressive in terms of the pace of the launches.' Management expects near-term performance to be shaped by ongoing market headwinds, but plans to pursue growth through accelerated product launches, operational investments, and market share gains. Accelerated Product Launches: The company plans to increase the pace of new firearm introductions, aiming to capture customer interest and respond quickly to shifting market preferences. This approach is designed to offset weak industry demand. Capacity Expansion and Efficiency: Planned investments in production capacity and manufacturing upgrades are intended to improve output and reduce production bottlenecks. Management believes this will position Ruger to capitalize on future market recovery and consumer trends. Monitoring Industry Risks: Management acknowledged risks from persistent weak consumer demand, potential supply chain disruptions, and the impact of tariffs. While immediate effects are limited, the company is closely watching input costs and inventory dynamics to maintain margin stability. Rommel Dionisio (Aegis Capital): Asked if higher capital spending signals a more aggressive pace of new product launches. Seyfert confirmed, 'We will be more aggressive in terms of the pace of the launches.' Rommel Dionisio (Aegis Capital): Inquired about marketing and sales investment impact on profitability. Seyfert said near-term spending would be capital-focused, with expense increases tied to future growth in new product introductions. Rommel Dionisio (Aegis Capital): Questioned which product categories offer the most significant launch opportunities. Seyfert declined specifics but stated the pipeline is robust across all platforms. Mark Smith (Lake Street): Asked about the RXM pistol's effect on average selling price (ASP). Seyfert noted a short-term impact from the ramp-up, expecting stabilization as production levels out. Mark Smith (Lake Street): Probed confidence behind capacity expansion amid weak demand. Seyfert cited a combination of strong new product roadmaps and the ability to invest aggressively due to Ruger's solid balance sheet. Looking ahead, the StockStory team will be monitoring (1) the pace and commercial reception of new product launches across Ruger's core and emerging platforms, (2) the effectiveness of capital investments in boosting production efficiency and meeting demand, and (3) any signs of improvement or further deterioration in broader U.S. firearms market trends. Updates on supply chain stability and tariff impacts will also be important indicators of future performance. Ruger currently trades at a forward EV-to-EBITDA ratio of 11.3×. Should you double down or take your chips? See for yourself in our free research report. 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