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.
Sandisk is expanding rapidly and is valued at just 10 times its forward free cash flow, signaling potential for significant gains. The company expects to generate around $24 billion in free cash flow by fiscal 2027 and plans to return all excess cash...
CEA Industries, identified by the ticker BNC, reportedly holds 515,544 BNB tokens worth over $380 million. This figure reflects the total token balance rather than a recent purchase, with no details on acquisition date or valuation timing. The valuat...
An attacker manipulated the price of TONIC on the Tectonic lending protocol, borrowing $120.4 million across nine markets on the Cronos network. Validators halted the network at block 90,907,150 to prevent further losses and restored the chain to blo...
Tron founder Justin Sun has unstaked a total of 10,000 ETH from the Lido liquid staking protocol since August 26, moving about $12.3 million of that ether to Poloniex, an exchange he supports. While this shows some liquidity being freed up, Sun still...
Starknet has introduced Shieldnet, a new privacy framework called STRK20 that protects transaction details for 45 ERC-20 tokens on its Ethereum Layer 2 network. Using zero-knowledge proofs, Shieldnet encrypts transaction data, hiding sender, receiver...
