Nextpower reported Q4 adjusted earnings of $1.05 per share, surpassing the estimate of 92 cents, with revenue of $881 million beating the $827 million consensus. The company announced plans to acquire Zigor Corporation's power conversion business and its U.S. subsidiary, Apex Power, to expand its inverter offerings. CEO Dan Shugar highlighted the company's shift from solar tracker leader to integrated energy platform. For fiscal 2027, Nextpower expects adjusted EPS between $4.21 and $4.59 and raised revenue guidance to $3.8-$4.1 billion, slightly below analyst EPS estimates but above revenue expectations. Shares rose over 10% in after-hours trading.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
