Latest news with #industrialtechnology
Yahoo
a day ago
- Automotive
- Yahoo
Cyngn Announces Date for Second Quarter 2025 Financial Results
MOUNTAIN VIEW, Calif., July 30, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its fiscal second quarter 2025 financial results for the period ended June 30, 2025, on Wednesday, August 6, 2025, after the close of market. The financial results will be available on the Cyngn website under "News & Events" at The Company will not host an earnings call. About CyngnCyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents. Cyngn's DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts. The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company's annual report on Form 10-K with the SEC filed on March 6, 2025. Where to Find Cyngn Website: Investor Contact:Natalie Russellinvestors@ Media ContactLuke Rennermedia@ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the he Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 6, 2025. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. View original content to download multimedia: SOURCE Cyngn 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
21-07-2025
- Business
- Yahoo
Sensata Technologies Appoints Andrew Lynch as Executive Vice President and Chief Financial Officer
SWINDON, United Kingdom, July 21, 2025--(BUSINESS WIRE)--Sensata Technologies (NYSE: ST), a global industrial technology company and leading provider of sensors, sensor-rich solutions and electrical protection devices used in mission-critical systems to help its customers address increasingly complex engineering and operating performance requirements, today announced that Andrew Lynch has been named as Sensata's Chief Financial Officer, effective immediately. Mr. Lynch assumes leadership and oversight of Sensata's global financial activities. Stephan Von Schuckmann, CEO stated, "Having originally joined Sensata in 2009, Andrew has a solid track record of successive promotions and significant contributions to the company and is perfectly suited for his new role as our Chief Financial Officer. In addition to his depth of experience, Andrew brings financial acumen, strategic insight, and focus. The Board and I are confident that Andrew will be a key contributor to our efforts to continuously improve financial results and build shareholder value over the long term." Andrew Lynch, CFO said, "I want to thank Stephan and the Board for this opportunity. I am excited to take on this new responsibility and I look forward to continuing to work with our leadership, customers, suppliers, and investors with whom I have built strong relationships over the years. We have significant value creation opportunities available to us, and with the right focus and rigor, I am confident that we can successfully capitalize on those opportunities." About Andrew Lynch Mr. Lynch most recently served as Interim CFO. He previously served as Vice President, Finance for the Performance Sensing Segment since 2023 and has led Sensata's investor relations function since 2024. Previously, he was Vice President, Finance, for the Sensing Solutions Segment from 2021 to 2023. From 2019 to 2023 he served as regional CFO for Europe, where he was responsible for all finance and accounting matters across the region. In 2016 he was promoted to Finance Director for the HVOR business and later assumed additional responsibility for the Aerospace business. In 2011, he was promoted to Corporate Accounting Manager and in 2014 promoted to Integration Controller. He joined Sensata in 2009. Andrew holds a Bachelor of Science degree in Corporate Finance and Accounting from Bentley University. About Sensata Technologies Sensata Technologies is a global industrial technology company striving to create a safer, cleaner, more efficient and electrified world. Through its broad portfolio of mission-critical sensors, electrical protection components and sensor-rich solutions, Sensata helps its customers address increasingly complex engineering and operating performance requirements. With more than 18,000 employees and global operations in 14 countries, Sensata serves customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets. Learn more at and follow Sensata on LinkedIn, Facebook, X and Instagram. Safe Harbor Statement This news release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as "may," "will," "could," "should," "expect," "anticipate," "believe," "estimate," "predict," "project," "forecast," "continue," "intend," "plan," "potential," "opportunity," "guidance," and similar terms or phrases. Forward-looking statements involve, among other things, expectations, projections, and assumptions about future financial and operating results, objectives, business and market outlook, megatrends, priorities, growth, shareholder value, capital expenditures, cash flows, demand for products and services, share repurchases, and Sensata's strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. These statements are subject to risks, uncertainties, and other important factors relating to our operations and business environment, and we can give no assurances that these forward-looking statements will prove to be correct. A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements, including, but not limited to, risks related to public health crises, instability and changes in the global markets, supplier interruption or non-performance, the acquisition or disposition of businesses, adverse conditions or competition in the industries upon which we are dependent, intellectual property, product liability, warranty, and recall claims, market acceptance of new product introductions and product innovations, labor disruptions or increased labor costs, and changes in existing environmental or safety laws, regulations, and programs. Investors and others should carefully consider the foregoing factors and other uncertainties, risks, and potential events including, but not limited to, those described in Item 1A: Risk Factors in our most recent Annual Report on Form 10-K and as may be updated from time to time in Item 1A: Risk Factors in our quarterly reports on Form 10-Q or other subsequent filings with the United States Securities and Exchange Commission. All such forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update these statements other than as required by law. View source version on Contacts Media & Investor: James Entwistle+1 (508) 954-1561jentwistle@ investors@
Wall Street Journal
17-07-2025
- Business
- Wall Street Journal
ABB Posts Higher Profit, Record-High Order Intake
ABB second-quarter profit rose on an improved performance with a record-high order intake. The Swiss industrial-technology company on Thursday said second-quarter net profit rose to $1.15 billion from $1.10 billion in the prior year, on revenue that grew 8% on a comparable basis to $8.90 billion.
Yahoo
15-07-2025
- Business
- Yahoo
AMETEK, Inc. (AME): A Bull Case Theory
We came across a bullish thesis on Ametek on FluentInQuality's Substack. As of 30ᵗʰ June, Ametek's share was trading at $180.53. AME's trailing and forward P/E were 29.67 and 24.79 respectively according to Yahoo Finance. A close-up of a moving DC motor part being manufactured in a modern factory. Ametek is an industrial technology leader that builds precision instruments and motors. The company's business model is built on specification and integration, with a focus on critical systems. Ametek's growth comes from organic innovation and acquisitions. The company has a strong financial consistency, with consistently strong gross margins and high free cash flow conversion. Ametek benefits from secular trends such as increasing demand for precision measurement and global industrial automation. The company's business model is built on reliability and trust. Ametek is not chasing flash growth, but methodically building an advantage through its focus on precision and customer relationships. Previously, we covered a on Ametek by An Investing Life in March 2025, highlighting its dominance in niche markets, strong pricing power, and long-term growth model driven by operational excellence and acquisitions. The company's stock price has appreciated significantly since then. The thesis still stands, with Ametek's financial consistency, strong gross margins, and high free cash flow conversion remaining intact. However, the tone has become more cautious, with the current summary emphasizing methodical growth over flashy expansion. Conviction in the investment case remains strong, but with a greater emphasis on reliability and trust. AME isn't on our list of the 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the risk and potential of AME as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was 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
Yahoo
01-07-2025
- Business
- Yahoo
Emerson Releases 2024 Sustainability Report
Report highlights continued investments in employees, customers, suppliers and communities as Emerson works to make the world healthier, safer, smarter and more sustainable ST. LOUIS, July 1, 2025 /PRNewswire/ -- Emerson (NYSE: EMR), an industrial technology leader delivering advanced automation solutions, today released its 2024 Sustainability Report, which reflects progress on the Company's ongoing efforts to advance innovation, enhance operational excellence and create lasting value for stakeholders. In line with Emerson's portfolio transformation into an industrial technology leader, the Company delivered progress in its sustainability initiatives in 2024. Key achievements included a 30% reduction in energy intensity from the 2021 base year, a sustained Total Recordable Injury Rate of 0.30 – comparable to industry safety leaders – and the engagement of over 41,000 employees in regulatory compliance training. Emerson's 2024 Sustainability Report can be read here. About EmersonEmerson (NYSE: EMR) is a global industrial technology leader that provides advanced automation. With an unmatched portfolio of intelligent devices, controls systems, and industrial software, Emerson delivers solutions that automate and optimize business performance. Headquartered in Saint Louis, Missouri, Emerson combines innovative technology with proven operational excellence to power the future of automation. For more information, visit Emerson uses our Investor Relations website, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. View original content to download multimedia: SOURCE Emerson 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
