Thermal Energy International secured three repeat orders worth about CAD 2.1 million from a global nutrition company, including two turnkey heat recovery projects in the US and a Major Equipment Package for Indonesia, marking its first heat recovery order there. These projects aim to capture waste heat from steam boiler exhausts, saving an estimated $410-472K annually in natural gas and reducing CO2 emissions by 2,306-2,637 tonnes. The orders reflect the company's ongoing partnership and growth potential, with revenues expected within 12 months, mostly in fiscal 2027. This expansion supports Thermal Energy's strategy to shorten sales cycles and increase flexibility by supplying equipment while customers handle installation.
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CrowdStrike reported accelerating revenue growth, rising from 21.28% to 25.57%, with raised full-year guidance and a net new ARR growth forecast of 27.7%. The company achieved positive GAAP net income of $27.77 million and strong free cash flow of $4...
