Orion Energy Systems reported a 32% revenue increase to $25.7 million in Q1 2027, driven by strong sales in LED lighting and EV charging solutions. The company achieved a net income of $2 million, reversing a loss from the previous year, and marked its seventh consecutive quarter of positive adjusted EBITDA. Growth was supported by new product launches, including LED lighting for hyper-scale data centers, and improved supply chain management. Orion expects continued profitable growth and revenue between $95 million and $97 million for fiscal 2027.
Priority Technology Holdings is being taken private in a $1.6 billion deal led by its Chairman and CEO, Thomas Priore. The acquisition price is $8.05 per share, matching the analyst price target set by Lake Street, which downgraded the stock to 'Hold...
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
Boeing is experiencing ongoing production challenges with its 737 MAX aircraft, causing delays and a recent 3.7% stock drop. Jefferies lowered its price target to $265, still implying a 32% upside from current prices, reflecting cautious optimism. Ba...
Hedera Hashgraph (HBAR) has surged past the $0.09 resistance level and is targeting $0.10, with near-term resistance around $0.096-$0.098. Analysts highlight a possible move to $0.108 based on Elliott Wave analysis, while some see potential for a sig...
On September 21, Binance's derivatives platform experienced a surge in net taker volume, hitting $618 million within an hour as Bitcoin's price surged past $85,000. This spike reflected aggressive buying, causing over $400 million in short positions ...
