venred – Página 753 – Multisitio 2

PepsiCo Selects 10 Emerging Innovators To Grow the Next Generation of Wellness Technologies, Services and Ingredients

PURCHASE, N.Y., Jan. 11, 2021 /PRNewswire/ — PepsiCo (NASDAQ:PEP) announced today the 10 finalists from around the world that join its fifth annual Greenhouse Accelerator, a mentor-guided program supporting the acceleration of the latest innovators that seek to transform the ways consumers eat, drink and live their lives. This year’s Greenhouse Accelerator program looks outside the box in areas like emerging science and technology that can help PepsiCo stay close to evolving consumer tastes and preferences. Each of the participating companies will receive $20,000 in grant funding and begin a six-month business program designed to accelerate their growth through personalized mentorship.

«We’re excited to evolve our Greenhouse Accelerator program to new areas including cutting-edge science and technology,» said Daniel Grubbs, Managing Director, PepsiCo Ventures Group. «We have a lot to learn from this group and look forward to collaborating closely with these 10 innovators who are changing the game through personalization, emerging technologies, and unique services and ingredients.»

The 10 innovators will receive personalized mentorship from experts at PepsiCo across functions including Research and Development, Supply Chain and Design. Mentors will collaborate with the companies to solve a range of business challenges, including business model development, scaling technology and go-to-market strategy. In June, one company will be awarded an additional $100,000 in funding to continue its growth.

«There’s no question that COVID-19 has renewed consumer interest in taking control of their personal health and wellness, and we continue to explore how this evolves in the food and beverage space,» said Antonio Tataranni, SVP, R&D and Chief Medical Officer, PepsiCo. «Our Research and Development team continues to look for emerging and disruptive solutions that address consumer needs, such as creative innovations in personalized nutrition, functional foods and supplements, and new technologies that enable vitality.»

The 10 companies selected for the fifth annual global PepsiCo Greenhouse Accelerator program are:*

Company Name	Location	Description
BioLumen	San Francisco, California, U.S.	BioLumen is a nutritional technology company which engineers 100% natural structured fiber that absorbs sugars and fats in the stomach.
Biosustain Labs	Kodagu, India	Biosustain Labs develops sustainable functional food products for consumers looking for specific health benefits from their foods.
Braingaze	Barcelona, Spain	Braingaze is a scientifically proven and clinically validated digital solution to detect and treat cognitive dysfunctions using mind-tracking technology.
Canomiks	Rochester, Minnesota, U.S.	Canomiks is making food as medicine a reality through its genomics and AI-based Product Superiority Platform, a platform that helps companies in the functional food and beverage, dietary supplement and skincare industries develop safe and efficacious products.
Carbiotix AB	Lund, Sweden	Carbiotix AB is pioneering microbiome healthcare through modulators and gut health testing services.
LifeNome – Ask Sophie	New York, New York, U.S.	LifeNome’s Ask Sophie is a precision pregnancy nutrition and health companion that targets an expecting mother’s unique biological needs from preconception to post-delivery.
Melico Science	London, UK	Specializing in precision nutrition and wellness, Melico Science uses advanced technology to provide metabolically personalized dietary advice using chemical fingerprinting of a urine sample to give consumers the tools they need to be their healthiest self.
Seqbiome	Cork, Ireland	SeqBiome currently offers microbiome sequencing, analysis, and consultancy for industry to academia clients, and is now looking to expand this into a B2C offering to athletic and performance consumers to improve or maintain their overall physical and mental performance.
Sphera Encapsulation	Verona, Italy	Sphera Encapsulation is building a more sustainable food system by using patented technology to develop the next generation of encapsulated products, such as functional foods or taken as functional supplements that have a meaningful social, environmental and health impact.
ZBiotics	San Francisco, California, U.S.	ZBiotics uses proprietary technology to make genetically engineered probiotics that execute specific beneficial functions for your body, making your healthy life healthier.

The finalists were selected by a committee of leaders within PepsiCo based on their ability to offer ingredients, products or services that encourage a healthy lifestyle and enable health management and wellness on a global scale.

The Greenhouse Accelerator program first launched in Europe in 2017 and expanded to North America in 2018. Over the years, the program has evolved to support the innovators and entrepreneurs that appeal to consumer needs. For more details on this year’s PepsiCo Greenhouse Accelerator program and the 10 finalists, please visit: https://greenhouseaccelerator.com/

*The descriptions of each start-up are based on the respective company’s own words. PepsiCo has not verified the accuracy of the product claims of the companies, does not endorse, and is not responsible for the content, actions, or omissions of the companies.

About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. «Winning with Purpose» reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com. 

Media Contact:
Lauren Levine
Lauren.Levine@pepsico.com
(631) 838-6805

View original content to download multimedia:http://www.prnewswire.com/news-releases/pepsico-selects-10-emerging-innovators-to-grow-the-next-generation-of-wellness-technologies-services-and-ingredients-301204971.html

SOURCE PepsiCo, Inc.

Flatiron School Releases 2020 Jobs Report

NEW YORK, Jan. 11, 2021 /PRNewswire/ — Flatiron School, a global institution that trains students in 21st-century skills like software engineering, data science, cybersecurity and UX/UI design, today released its 2020 Jobs Report. Independently examined by external auditors Moody, Famiglietti & Andronico, LLP to ensure transparency and authenticity, the annual report details job placement data for 2,262 students who graduated from an online or on-campus program between <span…

According to the results, which consist of responses from 1,736 on-campus students and 526 online students, Flatiron School graduates secured positions quickly, and with competitive salaries. Fifty-three percent of job-seeking graduates accepted jobs within 60 days, and 86% of job-seeking graduates accepted jobs within the reporting period, despite the impact of COVID-19. The average salary of global Flatiron School graduates who accepted full-time positions and disclosed compensation was nearly $70,000. The average salary of U.S. graduates was nearly $75,000. For perspective, in 2020, the entire household median income in the United States was $68,400. Those that took full-time contract, internship, apprenticeship, or freelance positions started at an average hourly rate of $32 per hour, more than four times the federal minimum wage ($7.25).

Graduates were hired across companies of all sizes and industries, including Twitter, Facebook, Slack, Spotify, NBA and MLB. Graduates accepted full-time roles in software engineering, data analytics, technical teaching, product management, UX design, UI design and other technical disciplines including cybersecurity.

«I am so proud of my career. I am so proud to call myself an engineer. I’m so proud to represent women in technology. I’m proud to represent Black Americans,» said Olivia Auzenne, a Software Engineering graduate. «I have a sense of pride when people ask me what I do and I can say, yeah, I’m an engineer at a notable company.»

The 2020 Jobs Report revealed positive movement for women in tech. The average salary for job-seeking graduates who accepted a full-time annual salaried job was 6% higher for women compared to men ($72,280 vs $68,365). In addition, 90% of women accepted full-time jobs while 83% of men accepted full-time jobs. With 32% of the 2,262 Flatiron School students being women, Flatiron School continues to work to drive positive change by partnering with like-minded organizations, offering scholarships and empowerment initiatives like Women Take Tech.

«We created a purpose-driven company as a response to our experience in tech and passion for driving stronger education, removing the high costs, barriers to entry, and stale classroom experience,» said Adam Enbar, chief executive officer and co-founder of Flatiron School. «Eight years later, I’m proud that so many students of all backgrounds have entrusted us with their education, and their futures. Our graduates more than doubled in 2019 and exhibited their strength in 2020, a time of great challenge and change. I’m excited to see what we do in 2021.»

The 2020 Jobs Report also revealed:

Areas in need of tech talent – of the 1,286 graduates who accepted offers within the reporting period, 69% were in Engineering, 12% were in Data Analytics, 7% were in Technical Teaching, 4% were in Product Management or Technical Project Management, 3% were in other technical disciplines, such as QA, Technical Sales, Technical Writing, Cybersecurity Engineering, or Cybersecurity Analysis, and 5% were in UX and UI design.
Online vs. On-Campus Programs – On-Campus Programs had a job placement rate 2 percentage points higher than Online Programs.
Regional differences in hiring – geography impacted job placement rates and the size of the company at which grads accepted roles. For example, 43% of Brooklyn campus graduates went on to work at large companies, whereas 48% of Londoners went on to work at smaller shops with less than 50 employees. 50% of graduates in Washington D.C. accepted a tech job within 30 days while 47% of graduates in Houston accepted a tech job within 30 days.
Accessible tuition rates – of the 1,942 graduates included in this report, the average tuition bill, excluding students who received full scholarships and students who enrolled in a regional Pilot Data Science program, was $13,383.

To read the full 2020 Jobs Report, please visit: https://flatironschool.com/jobs-reports/.

About Flatiron School
Flatiron School is an education innovator teaching students in-demand tech skills like software engineering, data science, cybersecurity, and UX/UI design. When it comes to landing a job, Flatiron School graduates have a proven track record of success thanks to expert instructors, dedicated career coaches, and a tuition-back promise (see details at flatironschool.com/terms). Flatiron School’s mission is to enable the pursuit of a better life through education.

View original content:http://www.prnewswire.com/news-releases/flatiron-school-releases-2020-jobs-report-301204847.html

SOURCE Flatiron School

Pandemic Year Brought Incredible Surge in ‘Million-Dollar Cities’

SEATTLE, Jan. 11, 2021 /PRNewswire/ — Although the typical value of a home in the United States is about $263,000, the number of «million-dollar cities» spiked sharply last year, according to a new Zillow analysis. There are 45 more U.S. cities¹ with a typical home value of at least $1 million than there were a year ago — the largest increase in at least a decade.

There are now 312 million-dollar cities, up 104 from five years ago. Nearly half of those 104 crossed that threshold in 2020, a reflection of the flaming hot market last year that saw home values appreciating near 7.5% annually in November as demographic trends and pandemic effects brought surging demand through most of 2020. This follows a year in which home prices appreciated at the lowest rate since 2013 and a net of two cities fell below the $1 million threshold.

Million-dollar cities are fairly congregated geographically, with 70 percent concentrated within nine coastal metro areas. Among those, 61 are in the San Francisco metro area, 51 are clustered around New York City and 39 are in the Los Angeles area. The metro areas of San Jose (20 cities), Boston (11), Miami–Fort Lauderdale (11), Seattle (9) and Washington, D.C., (8) also have multiple cities where the typical home price exceeds $1 million.

«In 2020 home values soared nationwide because of incredible demand across all price tiers, which we expect to continue well into 2021,» says Zillow senior economist Chris Glynn. «Despite the label, there are homes available in these communities for less than $1 million, but buyers must be realistic about their wish list and act quickly in the current market, especially since homes are selling in a matter of days in many places. For sellers, it is possible to capitalize on the recent growth in these markets and relocate to far less-expensive markets – particularly with an increase in remote work offering flexibility in the job market.»

Atherton, Calif., near San Francisco, has the highest typical home value in the country at about $6.6 million. Hunts Point, Wash., near Seattle, is No. 2, with typical values around $6 million. Sagaponack, New York, and Jupiter Island, Fla. (Port St. Lucie metro area), follow with typical values over $5 million. There are six additional cities with typical home values over $4 million, 21 more with values over $3 million, and another 38 with values over $2 million.

Historically, the list of million-dollar cities is dominated by areas that offer natural amenities like proximity to the ocean and mountains, and many of the cities that joined the list this year fit that mold. Some newcomers include Potomac, Maryland; Longport, Long Beach Township, and Allenhurst in New Jersey; and Westhampton and the Town of Shelter Island in New York. Calistoga and Yountville in California’s Napa Valley also crossed the $1 million threshold in 2020, as well as Incline Village, Nevada, in the Lake Tahoe area.

«An increased demand in places like Potomac and other more expensive areas around the county is happening because of the pandemic-driven need for more indoor and outdoor space, home offices, pools and more,» said Samer Kuraishi, a Best of Zillow Premier Agent and President of The ONE Street Company, a boutique real estate firm in Washington, D.C. «We’re seeing more buyers from afar using technology to tour homes and buy ‘sight unseen.’ The sellers who have a great media package, including a floor plan with dimensions, virtual staging and 3D imaging, have the edge in such a competitive market.»

If current rates of appreciation hold, two additional Coastal California cities could join the $1 million club in the coming months — El Cerrito and Cayucos.

Metros with the Most $1 Million Cities (November 2020)
Metro	Number of $1 Million Cities
San Francisco, Calif.	61
New York, N.Y.	51
Los Angeles, Calif.	39
San Jose, Calif.	20
Boston, Mass.	11
Miami, Fla.	11
Seattle, Wash.	9
Washington-Arlington-Alexandria	8
Santa Rosa, Calif.	7
Santa Maria-Santa Barbara, Calif.	6
Salinas, Calif.	5
San Diego, Calif.	5

Growth of $1 Million Cities
Year	Number of Net New $1 Million Cities
2016	8
2017	27
2018	26
2019	-2
2020	45

About Zillow

Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life’s next chapter.

As the most-visited real estate website in the U.S., Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions.

Zillow Group’s affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).

¹ As of November 2020

View original content to download multimedia:http://www.prnewswire.com/news-releases/pandemic-year-brought-incredible-surge-in-million-dollar-cities-301204930.html

SOURCE Zillow

Penumbra Announces Preliminary Unaudited Revenue for the Fourth Quarter and Full Year 2020

ALAMEDA, Calif., Jan. 11, 2021 /PRNewswire/ — Penumbra, Inc. (the «Company») (NYSE: PEN), a global healthcare company focused on innovative therapies, today announced certain unaudited preliminary revenue results for the fourth quarter and full year 2020 ahead of its participation at the 39^th Annual J.P. Morgan Healthcare Conference on January 11-14, 2021.

…

Q4 Revenue Highlights

Preliminary fourth quarter 2020 revenue is expected to be in the range of $162.5 million to $167.9 million, which represents growth of approximately 12% to 16% compared to the fourth quarter of 2019.
Excluding the impact of the voluntary recall, Penumbra expects fourth quarter 2020 revenue on a non-GAAP basis¹ in the range of $172.5 million to $172.9 million, which represents growth of approximately 19% compared to the fourth quarter of 2019.

Preliminary Results
The Company expects fourth quarter 2020 total revenue in the range of $162.5 million to $167.9 million, which represents growth of approximately 12% to 16% compared to the fourth quarter of 2019. This includes an expected impact in the range of $5 million to $10 million from the December 15, 2020 voluntary recall of the Penumbra JET 7 Reperfusion Catheter with Xtra Flex technology («JET 7 Xtra Flex»). The Company expects full year 2020 revenue in the range of $556.0 million to $561.4 million, which represents growth of approximately 2% to 3% compared to full year 2019.

On a non-GAAP basis,¹ excluding the impact of the recall, Penumbra expects fourth quarter 2020 revenue in the range of $172.5 million to $172.9 million, which represents growth of approximately 19% compared to the fourth quarter of 2019. The Company expects full year 2020 non-GAAP revenue in the range of $566.0 million to $566.4 million, which represents growth of approximately 3% compared to full year 2019.

The Company also announced other key revenue results. The Company expects the United States to represent 69% of total revenue and international to represent 31% of total revenue for the fourth quarter of 2020. Revenue from sales of vascular products is expected to grow to be in the range of $86.9 million to $87.1 million for the fourth quarter of 2020, an increase of 45% to 46% compared to the fourth quarter of 2019. Revenue from sales of neuro products is expected to be in the range of $75.6 million to $80.8 million for the fourth quarter of 2020, a decrease of 5% to 12% compared to the fourth quarter of 2019.

On a non-GAAP basis,¹ the Company expects the United States to represent approximately 70% of total non-GAAP revenue and international to represent 30% of total non-GAAP revenue for the fourth quarter of 2020. Non-GAAP revenue from sales of vascular products is expected to be in the range of $86.9 million to $87.1 million for the fourth quarter of 2020, an increase of 45% to 46% compared to the fourth quarter of 2019. Non-GAAP revenue from sales of neuro products is expected to be in the range of $85.6 million to $85.8 million for the fourth quarter of 2020, which is relatively flat compared to the fourth quarter of 2019.

Revenue from sales of vascular products is expected to grow to be in the range of $267.6 million to $267.8 million for the year ended December 31, 2020, an increase of 24% compared to the year ended December 31, 2019. Revenue from sales of neuro products is expected to be in the range of $288.4 million to $293.6 million for the year ended December 31, 2020, a decrease of 11% to 13% compared to the year ended December 31, 2019.

Non-GAAP revenue from sales of vascular products is expected to be in the range of $267.6 million to $267.8 million for the year ended December 31, 2020, an increase of 24% compared to the year ended December 31, 2019. Non-GAAP revenue from sales of neuro products is expected to be in the range of $298.4 million to $298.6 million for the year ended December 31, 2020, a decrease of 10% compared to the year ended December 31, 2019.

The preliminary unaudited revenue results described in this press release are estimates only and subject to revision until the Company reports its full financial results for 2020 during its earnings announcement planned for late February.

«I’m proud that our Penumbra team around the world was able to help our customers address the needs of many more patients during the challenges of the global pandemic,» said Adam Elsesser, chief executive officer and president, Penumbra, Inc. «We remain committed to our mission of meeting the needs of patients and all who serve them across our neuro, vascular and virtual reality franchises.»

The Company is scheduled to present at the 39^th Annual J.P. Morgan Healthcare Conference on Tuesday, January 12, 2021, at 10:50 a.m. Eastern Time. An audio webcast of this presentation will be available by visiting the investors’ section of the Company’s website at www.penumbrainc.com. The audio webcast will be available on the Company’s website for at least two weeks following the event.

¹ See «Non-GAAP Revenue» for important information about our use of this non-GAAP measure.

Non-GAAP Revenue
In addition to revenue prepared in accordance with U.S. generally accepted accounting principles («GAAP»), the Company uses non-GAAP revenue in this press release. The Company defines non-GAAP revenue as revenue excluding the impact of the December 15, 2020 voluntary recall of the Jet 7 Xtra Flex.

Full reconciliation of non-GAAP revenue to GAAP revenue is set forth in the tables below.

Our management believes non-GAAP revenue provides useful information to investors in assessing the performance of our business and provides meaningful comparisons to prior periods and thus a more complete understanding of our business than could be obtained absent this disclosure. In addition, non-GAAP revenue enables comparison of the Company’s revenue results with other public companies, many of which present similar non-GAAP revenue measures.

The non-GAAP revenue measure included in this press release may be different from, and therefore may not be comparable to, similarly titled measures used by other companies. The non-GAAP revenue measure should not be considered in isolation or as an alternative to GAAP revenue. The Company urges investors to review the reconciliation of non-GAAP revenue to GAAP revenue included in this press release, and not to rely on any single financial measure to evaluate its business.

Penumbra, Inc. Reconciliation of GAAP Revenue to Non-GAAP Revenue¹(unaudited) (in thousands)

	GAAP								Non-GAAP
	Three Months Ended December 31,						Impact of		Three Months Ended December 31,
	2020 – HIGH		2019		% Change		Recall		2020 – HIGH		2019		% Change
Neuro	$	80,762	$	85,420	(5)	%	$	(5,000)	$	85,762	$	85,420	—	%
Vascular	87,122		59,843		46	%	—		87,122		59,843		46	%
Total	$	167,884	$	145,263	16	%	$	(5,000)	$	172,884	$	145,263	19	%

United States	$	116,382	$	96,065	21	%	$	(4,800)	$	121,182	$	96,065	26	%
International	51,502		49,198		5	%	(200)		51,702		49,198		5	%
Total	$	167,884	$	145,263	16	%	$	(5,000)	$	172,884	$	145,263	19	%

Jet 7 Xtra Flex	$	3,771	$	16,660	(77)	%	$	(5,000)	$	8,771	$	16,660	(47)	%

	GAAP								Non-GAAP
	Three Months Ended December 31,						Impact of		Three Months Ended December 31,
	2020 – LOW		2019		% Change		Recall		2020 – LOW		2019		% Change
Neuro	$	75,562	$	85,420	(12)	%	$	(10,000)	$	85,562	$	85,420	—	%
Vascular	86,922		59,843		45	%	—		86,922		59,843		45	%
Total	$	162,484	$	145,263	12	%	$	(10,000)	$	172,484	$	145,263	19	%

United States	$	112,082	$	96,065	17	%	$	(9,000)	$	121,082	$	96,065	26	%
International	50,402		49,198		2	%	(1,000)		51,402		49,198		4	%
Total	$	162,484	$	145,263	12	%	$	(10,000)	$	172,484	$	145,263	19	%

Jet 7 Xtra Flex	$	(1,229)	$	16,660	(107)	%	$	(10,000)	$	8,771	$	16,660	(47)	%



Penumbra, Inc. Reconciliation of GAAP Revenue to Non-GAAP Revenue¹(unaudited) (in thousands)

	GAAP								Non-GAAP
	Year Ended December 31,						Impact of		Year Ended December 31,
	2020 – HIGH		2019		% Change		Recall		2020 – HIGH		2019		% Change
Neuro	$	293,592	$	331,685	(11)	%	$	(5,000)	$	298,592	$	331,685	(10)	%
Vascular	267,806		215,720		24	%	—		267,806		215,720		24	%
Total	$	561,398	$	547,405	3	%	$	(5,000)	$	566,398	$	547,405	3	%

	GAAP								Non-GAAP
	Year Ended December 31,						Impact of		Year Ended December 31,
	2020 – LOW		2019		% Change		Recall		2020 – LOW		2019		% Change
Neuro	$	288,392	$	331,685	(13)	%	$	(10,000)	$	298,392	$	331,685	(10)	%
Vascular	267,606		215,720		24	%	—		267,606		215,720		24	%
Total	$	555,998	$	547,405	2	%	$	(10,000)	$	565,998	$	547,405	3	%

¹See «Non-GAAP Revenue» for important information about our use of this non-GAAP measure.

About Penumbra
Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures and markets novel products and has a broad portfolio that addresses challenging medical conditions in markets with significant unmet need. Penumbra sells its products to hospitals and healthcare providers primarily through its direct sales organization in the U.S., most of Europe, Canada and Australia, and through distributors in select international markets. Penumbra, the Penumbra P logo, and Penumbra JET are trademarks of Penumbra, Inc. For more information, visit www.penumbrainc.com.

Forward-Looking Statements
Except for historical information, certain statements in this press release are forward-looking in nature and are subject to risks, uncertainties and assumptions about us. Our business and operations are subject to a variety of risks and uncertainties and, consequently, actual results may differ materially from those projected by any forward-looking statements. Factors that could cause actual results to differ from those projected include, but are not limited to: the impact of the COVID-19 pandemic on our business, results of operation and financial condition; failure to sustain or grow profitability or generate positive cash flows; failure to effectively introduce and market new products; delays in product introductions; significant competition; inability to further penetrate our current customer base, expand our user base and increase the frequency of use of our products by our customers; inability to achieve or maintain satisfactory pricing and margins; manufacturing difficulties; permanent write-downs or write-offs of our inventory; product defects or failures; unfavorable outcomes in clinical trials; inability to maintain our culture as we grow; fluctuations in foreign currency exchange rates; and potential adverse regulatory actions. These risks and uncertainties, as well as others, are discussed in greater detail in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on February 26, 2020, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 filed with the SEC on May 7, 2020, our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 filed with the SEC on August 3, 2020 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 filed with the SEC on November 2, 2020. There may be additional risks of which we are not presently aware or that we currently believe are immaterial which could have an adverse impact on our business. Any forward-looking statements are based on our current expectations, estimates and assumptions regarding future events and are applicable only as of the dates of such statements. We make no commitment to revise or update any forward-looking statements in order to reflect events or circumstances that may change.

Contact
Penumbra, Inc. Investor Relations
investors@penumbrainc.com
510-995-2461

Penumbra, Inc. Media Relations
Betsy Merryman
Merryman Communications
betsy@merrymancommunications.com
media@penumbrainc.com
310-560-8176

View original content to download multimedia:http://www.prnewswire.com/news-releases/penumbra-announces-preliminary-unaudited-revenue-for-the-fourth-quarter-and-full-year-2020-301204804.html

SOURCE Penumbra, Inc.

EcoEnergy Insights, a Carrier Company, Named «Overall IoT Company of the Year» in the 2021 IoT Breakthrough Awards Program

LOS ANGELES, Jan. 11, 2021 /PRNewswire-PRWeb/ — IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Internet-of-Things (IoT) market, today announced that EcoEnergy Insights, a leading provider of AI and IoT-enabled solutions that digitally transform building and equipment operations, has been selected as the winner of the «Overall IoT Company of the Year» award in the 5th annual IoT Breakthrough Awards program.

EcoEnergy Insights is a part of Carrier Global Corporation, a leading global provider of healthy, safe and sustainable building and cold chain solutions. The CORTIX® IoT platform, designed and developed by EcoEnergy Insights, collects data from multiple sources, analyzes it, acts on defined deviations autonomously and offers predictive actionable insights. The platform, combined with expert human analytics, has been delivering outcomes in comfort, maintenance and energy efficiency across multiple industries over the past decade.

EcoEnergy Insights has 24/7 BluEdge Command Centers – teams of data scientists, HVAC, Refrigeration, Controls and other domain experts – that provide expertise for remote commissioning, monitoring, diagnostics and prognostic support for building and equipment operations around the globe. The BluEdge Command Centers proactively analyze the predictive insights from the CORTIX platform and enable service transformation for enterprise and OEM customers.

«After years of effort in educating and demonstrating the benefits of IoT driven services, we believe we’ve broken through the industry, and we are extremely proud to receive this 2021 IoT Breakthrough Award in validation of that success and momentum,» said Mansoor Ahmad, President, EcoEnergy Insights. «During the tumultuous past year, we empowered our clients to leverage the power of IoT to more seamlessly run operations of essential services and support local communities without facing heavy energy costs or loss of goods and food inventory.»

The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise IoT, Smart City technology, Connected Home and Home Automation, Connected Car, and many more. This year’s program attracted more than 3,850 nominations from companies all over the world.

«Managing over 36,000 sites and 180,000 connected machines across the globe, EcoEnergy Insights is establishing itself as a ‘breakthrough’ innovator in the IoT industry, creating new connected solutions that serve the evolving needs of their customer base – especially in light of today’s quickly evolving IoT technology and competitive environment,» said James Johnson, managing director at IoT Breakthrough. «We want to congratulate EcoEnergy Insights for winning our ‘Overall IoT Company of the Year’ award for 2021 and look forward to continued innovation in the future.»

####

About IoT Breakthrough
Part of the Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the IoT Breakthrough Awards program is devoted to honoring excellence in Internet-of-Things technologies, services, companies and products. The IoT Breakthrough Awards program provides a forum for public recognition around the achievements of IoT companies and products in categories including Connected Home and Home Automation, Connected Car, Industrial IoT (IIoT) and Smart City, Consumer IoT and more. For more information visit IoTBreakthrough.com.

Media Contact

James Johnson, IoT Breakthrough, 2132553658, jjohnson@iotbreakthrough.com

Twitter

SOURCE IoT Breakthrough

Li-Cycle and New Flyer Team Up to Complete Heavy-Duty Battery Recycling Pilot

ONTARIO, Canada, Jan. 11, 2021 /PRNewswire/ — Li-Cycle Corp. (Li-Cycle), North America’s largest lithium-ion battery recycling company, today announced its successful completion of a battery recycling pilot with New Flyer Industries Canada ULC and New Flyer of America Inc. (together «New Flyer»), subsidiaries of NFI Group Inc. («NFI»), one of the world’s leading independent global bus manufacturers.

New Flyer provided Li-Cycle with 45 end-of-life lithium-ion…

New Flyer provided Li-Cycle with 45 end-of-life lithium-ion battery modules (used for research and development) totaling 3,200 pounds; these batteries will be processed at Li-Cycle’s Spoke facility and turned into black mass, an industry term for a mixture of lithium, nickel, cobalt and copper. Li-Cycle’s Hub processes black mass in order to produce critical, battery-grade materials from recycled sources, as well as other recycled materials that can be returned to the economy.

«We are thrilled to team up with New Flyer to help spearhead the closed-loop resource recovery of electric bus batteries,» said Li-Cycle Chief Commercial Officer Kunal Phalpher. «As of 2019, approximately 425,000 of the world’s buses are electric. By recycling thousands of pounds of lithium-ion batteries, we’re serving the dual purpose of reducing hazardous waste, while recovering critical materials so they can be reintroduced into the supply chain. The compounded benefits of this partnership will have a significant positive environmental impact, which can be a model for cities around the world.»

Lithium-ion batteries have traditionally been impractical to recycle, creating hazardous waste and the loss of valuable, finite materials. Historically, many have been landfilled or partially recycled through pyro-metallurgical processes, which have only an average recovery rate of 40%. However, these methods are inefficient and lead to environmental decay, wasted resources, and have a negative impact on an otherwise environmentally friendly vision of electrification.

«As our customers transition to zero-emission mobility, they do so with a focus on cradle to grave sustainability. The demand for battery recycling is growing, so too is the desire to lessen environmental impact on our communities. Our pilot with Li-Cycle is delivering just this and we are optimistic in offering battery recycling in future,» said Chris Stoddart, President, New Flyer and MCI. «We’re committed to providing sustainable mobility solutions from procurement through vehicle retirement. Working with Li-Cycle delivers a triple sustainability benefit: we recover critical resources and divert them from landfills, provide them for re-use in the battery supply chain, and do so through Li-Cycle’s proprietary clean recycling process that minimizes impact to surrounding environments.»

New Flyer and Li-Cycle are both members of CALSTART, an international nonprofit dedicated to accelerating the pace of clean technology and the adoption of clean transportation.

Ajay Kochhar and Tim Johnston co-founded Li-Cycle in 2016 with a vision to be the most sustainable, vertically integrated and globally preeminent lithium-ion battery resource recovery company. Li-Cycle’s Spoke & Hub Technologies provide a low cost, safe, and environmentally friendly process that can recycle all types of lithium-ion batteries, with an unparalleled recovery rate of ≥95% of all materials. Li-Cycle’s industry-leading innovations make it uniquely positioned to support a key element of the growing international movement towards zero carbon technologies. The company recently closed a Series C equity funding round to fund further facility deployment and to drive expansion into international markets.

About Li-Cycle Corp.
Li-Cycle Corp. (Li-Cycle) is on a mission to leverage its innovative Spoke & Hub Technologies to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage the end-of-life of these batteries – and to meet the rapidly growing demand for critical and scarce battery-grade materials through a closed-loop solution.

About New Flyer
New Flyer is North America’s heavy-duty transit bus leader and offers the most advanced product line under the Xcelsior^® and Xcelsior CHARGE™ brands. It also offers infrastructure development through New Flyer Infrastructure Solutions™, a service dedicated to providing safe, sustainable, and reliable charging and mobility solutions. New Flyer actively supports over 35,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 8,600 are powered by electric motors and battery propulsion and 1,900 are zero-emission. Further information is available at www.newflyer.com.

Li-Cycle Media Contact:
Len Fernandes
Firecracker PR
288717@email4pr.com
(888) 317-4687 ext. 707

View original content to download multimedia:http://www.prnewswire.com/news-releases/li-cycle-and-new-flyer-team-up-to-complete-heavy-duty-battery-recycling-pilot-301205224.html

SOURCE Li-Cycle

Khaled Salem, U.S. Senate Candidate for New York, Demands that Donald Trump Pay for Damages to Capitol

NEW YORK, Jan. 11, 2021 /PRNewswire/ — Khaled Salem, who is running for the U.S. Senate in New York, today issued a statement demanding that Donald Trump pay for the damages he caused to the U.S. Capitol building by inciting a violent riot there on January 6. He urged all Americans to file lawsuits against Trump, as an individual, for the destructive consequences of the lethal spree conducted by his followers. In his view, the insurrectionist violence and vandalism will cause real financial harm to Americans in the forms of increased taxes and borrowing to pay for repairs and increased security over the long term.

«This is not an abstraction,» Khaled explained. «We all know that this little man’s temper tantrum led directly to hundreds of thousands of dollars in physical damages to the Capitol. But, going forward, the increased security services and adding of security features to government buildings everywhere as the result of this violence is going to cost American taxpayers billions of dollars. Why should we shoulder this burden? It’s a worthwhile matter to pursue, in my view.»

In addition, Khaled condemned the anti-democratic actions of the rioters and their primary instigator. «This is now what America is about, and everyone who participated in this disgraceful incident is well aware of this fact. The irony is that the protesters were demanding democracy—but they were engaging in fascist tactics. We elect representatives to govern in the name of the people. If we don’t like them, we vote them out. We don’t threaten to kill them if we disagree or contest an election.»

As a U.S. Senator, Khaled is committed to serving the people of New York state with dignity and honor, two qualities that were sadly lacking on January 6. In his view, the attacks and threats made on that day are an unfortunate extension of the personal attacks that are now so common in American politics. «If you don’t agree with someone, you can be productive and make a difference by engaging in an argument with their policies. But if you degenerate into personal attacks, you’re accomplishing nothing for the country,» he added.

Khaled also remarked, sadly, «Let’s also never forget that a brave police officer was beaten to death by this mob. Trump and his supporters essentially engaged in a terrorist act against all Americans. This tragic event should negate Trump’s chance to run again for the presidency in 2024. The rule of law must prevail.»

Khaled, a longtime resident of Brooklyn, is renowned as a fighter for human and religious rights for Americans at home and abroad. In addition to advocating for the release of American detainees in the Arab world and elsewhere, he advocates for less restrictive immigration laws. His other policy positions include the following highlights:

A stop to the policy of showing place of birth on U.S. passports, a practice that leads to discrimination and harassment of American citizens when they travel abroad.
Laws and procedures to reduce domestic violence nationwide.
A reduction in U.S. Military activity and presence in the Middle East.
A policy that requires these regions pay for American military services.
The establishment of a home loan program for middle class single parents.

Khaled is running in the next general election, scheduled for November 8, 2022. Thirty-four of the Senate’s 100 seats are being contested in these elections.

For more information, visit https://www.khaled2022forcongress.com/
Or visit https://www.facebook.com/Khaledforcongress/, https://twitter.com/KhaledYork,

Contact:
Khaled Salem
518-348-6868
288813@email4pr.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/khaled-salem-us-senate-candidate-for-new-york-demands-that-donald-trump-pay-for-damages-to-capitol-301205219.html

SOURCE Khaled for U.S. Senate in New York

Automotive Composites Market worth $9.3 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 11, 2021 /PRNewswire/ — According to the new market research report «Automotive Composites Market by Fiber Type (Glass, Carbon, Natural), Resin Type (Thermoset, Thermoplastics), Manufacturing Process (Compression, Injection, RTM), Applications (Exterior, Interior), Vehicle Type, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Automotive Composites Market is expected to grow from USD 5.4 billion in 2020 to USD 9.3 billion by 2025, at a CAGR of 11.5% during the forecast period. Government initiatives emphasizing the reduction of carbon emission and shift towards electric vehicles are expected to drive the growth of the automotive composites market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10869121

Browse in-depth TOC on «Automotive Composites Market»

154 – Market Data Tables
57 – Figures
217 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/automotive-composite-market-10869121.html

Glass fiber composites comprise a major share in terms of both value and volume.

Monomers account for the largest share of the overall market in terms of both value and volume. Government regulations such as Corporate Average Fuel Economy (CAFÉ) standards in the U.S. carbon emission targets in U.S. have put pressure on OEMs to incorporate lightweight materials to reduce the overall vehicle weight, which has led to increased use of GFRP in the automotive industry. However, due to pandemic COVID-19, the sales of automotive composites decreased due to disturbance in supply chain.

Exterior applications account for the largest market share in the global automotive composites market in terms of value and volume.

The exterior parts include major components such as bumper beam, fender, front end module, door panels, and hood, among others. The use of composites in the automotive industry is an emerging trend as these composites help in achieving high-performance properties such as high stiffness, lightweight, and high strength to weight to ratio. However, because of COVID-19 as well as downturn in the automotive industry, the demand for automotive composites is reduced all over the globe. The exterior segment is at the forefront with the highest consumption of automotive composites globally since it help reduce the weight of the exterior parts hence enabling a weight reduction of the complete car body and make it more fuel-efficient. Germany is the largest consumer of automotive composites. Subsequently, certain Asia Pacific countries such as China and Japan consumed a considerable share of automotive composites in 2019. There is a huge decline in demand in the APAC region due to a complete and partial lockdown in the region.

Non-electric vehicle type dominates the market in the global automotive composites market during the forecast period in terms of value and volume.

The Non-electric vehicle type contributed the major share in the automotive composites market, both in terms of value and volume. Automakers all across the world are taking initiatives to fulfill the mandate imposed by the respective government and to offer the consumer with lightweight and fuel-efficient vehicles. Sereebo, carbon fiber reinforced thermoplastic (CFRTP) jointly developed by Teijin Limited and General Motors, is used for manufacturing the pickup box’s inner dashboard, side, and floor panels. Lately, Ruf Automobile GmbH, a German car manufacturer, has developed the Rodeo concept, an all-wheel-drive carbon fiber safari vehicle based on the classic Porsche 911 safari rally car. These initiatives taken by OEMs across the globe has been driving the growth of the automotive composites market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=10869121

APAC is expected to account for the largest market share in the automotive composites market during the forecast period.

The APAC is the biggest and the fastest-growing market for automotive composites, consuming one thrid of the total global volume in 2019. The demand for automotive composites is mainly attributed to the growing need for lightweight, fuel-efficient, and environment-friendly vehicles. The manufacturers are focusing on producing lightweight car bodies with emission control features since the government has set stringent regulatory norms for pollution control from vehicles. The market in this region has undergone a significant transformation due to the in-house presence of well-established raw material suppliers, composite product and components manufacturers, and OEMs in itself consuming these composite solutions in automotive applications. The eco-systems of these adjutant industries is more likely to act in favor of growth of the automotive composites market.

Toray Industries Inc. (Japan), SGL Carbon (Germany), Teijin Limited (Japan), Mitsubishi Chemical Holding Corporation (Japan), Hexcel Corporation (US), Solvay SA (Belgium), Gurit (Switzerland), UFP Technologies Ltd. (US), Huntsman Corporation (US), and Hexion (US), are some of the key players in the automotive composites market. These players have taken different organic and inorganic developmental strategies over the past five years.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=10869121

Browse Adjacent Market: Fibers and Composites Market Research Report & Consulting

Related Reports:

Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry and Region – Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/composite-market-200051282.html

Transportation Composites Market by Resin (Thermoplastic and Thermoset), Manufacturing Process, Fiber, Application (Interior, Exterior), Transportation Type (Airways, Roadways, Railways, Waterways), and Region – Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/transportation-composites-market-175821588.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-composite-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/automotive-composite.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Autor venredPublicado el 11 enero, 2021Categorías Hispanicmotorpress

Automotive Composites Market worth $9.3 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 11, 2021 /PRNewswire/ — According to the new market research report «Automotive Composites Market by Fiber Type (Glass, Carbon, Natural), Resin Type (Thermoset, Thermoplastics), Manufacturing Process (Compression, Injection, RTM), Applications (Exterior, Interior), Vehicle…

CHICAGO, Jan. 11, 2021 /PRNewswire/ — According to the new market research report «Automotive Composites Market by Fiber Type (Glass, Carbon, Natural), Resin Type (Thermoset, Thermoplastics), Manufacturing Process (Compression, Injection, RTM), Applications (Exterior, Interior), Vehicle Type, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Automotive Composites Market is expected to grow from USD 5.4 billion in 2020 to USD 9.3 billion by 2025, at a CAGR of 11.5% during the forecast period. Government initiatives emphasizing the reduction of carbon emission and shift towards electric vehicles are expected to drive the growth of the automotive composites market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10869121

Browse in-depth TOC on «Automotive Composites Market»

154 – Market Data Tables
57 – Figures
217 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/automotive-composite-market-10869121.html

Glass fiber composites comprise a major share in terms of both value and volume.

Monomers account for the largest share of the overall market in terms of both value and volume. Government regulations such as Corporate Average Fuel Economy (CAFÉ) standards in the U.S. carbon emission targets in U.S. have put pressure on OEMs to incorporate lightweight materials to reduce the overall vehicle weight, which has led to increased use of GFRP in the automotive industry. However, due to pandemic COVID-19, the sales of automotive composites decreased due to disturbance in supply chain.

Exterior applications account for the largest market share in the global automotive composites market in terms of value and volume.

The exterior parts include major components such as bumper beam, fender, front end module, door panels, and hood, among others. The use of composites in the automotive industry is an emerging trend as these composites help in achieving high-performance properties such as high stiffness, lightweight, and high strength to weight to ratio. However, because of COVID-19 as well as downturn in the automotive industry, the demand for automotive composites is reduced all over the globe. The exterior segment is at the forefront with the highest consumption of automotive composites globally since it help reduce the weight of the exterior parts hence enabling a weight reduction of the complete car body and make it more fuel-efficient. Germany is the largest consumer of automotive composites. Subsequently, certain Asia Pacific countries such as China and Japan consumed a considerable share of automotive composites in 2019. There is a huge decline in demand in the APAC region due to a complete and partial lockdown in the region.

Non-electric vehicle type dominates the market in the global automotive composites market during the forecast period in terms of value and volume.

The Non-electric vehicle type contributed the major share in the automotive composites market, both in terms of value and volume. Automakers all across the world are taking initiatives to fulfill the mandate imposed by the respective government and to offer the consumer with lightweight and fuel-efficient vehicles. Sereebo, carbon fiber reinforced thermoplastic (CFRTP) jointly developed by Teijin Limited and General Motors, is used for manufacturing the pickup box’s inner dashboard, side, and floor panels. Lately, Ruf Automobile GmbH, a German car manufacturer, has developed the Rodeo concept, an all-wheel-drive carbon fiber safari vehicle based on the classic Porsche 911 safari rally car. These initiatives taken by OEMs across the globe has been driving the growth of the automotive composites market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=10869121

APAC is expected to account for the largest market share in the automotive composites market during the forecast period.

The APAC is the biggest and the fastest-growing market for automotive composites, consuming one thrid of the total global volume in 2019. The demand for automotive composites is mainly attributed to the growing need for lightweight, fuel-efficient, and environment-friendly vehicles. The manufacturers are focusing on producing lightweight car bodies with emission control features since the government has set stringent regulatory norms for pollution control from vehicles. The market in this region has undergone a significant transformation due to the in-house presence of well-established raw material suppliers, composite product and components manufacturers, and OEMs in itself consuming these composite solutions in automotive applications. The eco-systems of these adjutant industries is more likely to act in favor of growth of the automotive composites market.

Toray Industries Inc. (Japan), SGL Carbon (Germany), Teijin Limited (Japan), Mitsubishi Chemical Holding Corporation (Japan), Hexcel Corporation (US), Solvay SA (Belgium), Gurit (Switzerland), UFP Technologies Ltd. (US), Huntsman Corporation (US), and Hexion (US), are some of the key players in the automotive composites market. These players have taken different organic and inorganic developmental strategies over the past five years.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=10869121

Browse Adjacent Market: Fibers and Composites Market Research Report & Consulting

Related Reports:

Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry and Region – Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/composite-market-200051282.html

Transportation Composites Market by Resin (Thermoplastic and Thermoset), Manufacturing Process, Fiber, Application (Interior, Exterior), Transportation Type (Airways, Roadways, Railways, Waterways), and Region – Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/transportation-composites-market-175821588.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-composite-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/automotive-composite.asp

View original content:http://www.prnewswire.com/news-releases/automotive-composites-market-worth-9-3-billion-by-2025–exclusive-report-by-marketsandmarkets-301205091.html

SOURCE MarketsandMarkets

Autor venredPublicado el 11 enero, 2021Categorías Marco carvajal

Ultra Clean Reiterates Fourth Quarter Guidance – Provides Outlook for First Quarter

HAYWARD, Calif., Jan. 11, 2021 /PRNewswire/ — Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reiterated its guidance for the fourth quarter of 2020 and provided an outlook for the first quarter 2021.

<img…

HAYWARD, Calif., Jan. 11, 2021 /PRNewswire/ — Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reiterated its guidance for the fourth quarter of 2020 and provided an outlook for the first quarter 2021.

For the fourth quarter, 2020, the Company expects to be above the midpoint of guidance for revenue and non-GAAP EPS. Guidance provided during the Third Quarter earnings call was revenue of $345 to $375 million and non-GAAP diluted net income per share between $0.63 and $0.77.

Demand for UCT’s semiconductor products and services remains strong and, given the industry’s positive outlook, the Company anticipates revenue for the first quarter of 2021 to be in the range of $370 million to $400 million. Detailed guidance for the first quarter of 2021 will be provided during our earnings call.

About Ultra Clean Holdings, Inc.

Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, ultra-high purity cleaning and analytical services primarily for the semiconductor industry. Ultra Clean offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping and component manufacturing, and tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.

Use of Non-GAAP Measures

In addition to providing results that are determined in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), management uses non-GAAP gross margin, non-GAAP operating margin and non-GAAP net income to evaluate the Company’s operating and financial results. We believe the presentation of non-GAAP results is useful to investors for analyzing our core business and business trends and comparing performance to prior periods, along with enhancing investors’ ability to view the Company’s results from management’s perspective. The presentation of this additional information should not be considered a substitute for results prepared in accordance with GAAP.

The Company currently defines non-GAAP net income as net income (loss) before amortization of intangible assets, restructuring charges, executive transition costs, acquisition costs, fair value adjustments, depreciation adjustments, stock-based compensation, and the tax effects of the foregoing adjustments.

Safe Harbor Statement

The foregoing information contains, or may be deemed to contain, «forward-looking statements» (as defined in the US Private Securities Litigation Reform Act of 1995) which reflect our current views with respect to future events and financial performance. We use words such as «anticipates,» «projection,» «outlook,» «forecast,» «believes,» «plan,» «expect,» «future,» «intends,» «may,» «will,» «estimates,» «see,» «predicts,» «should» and similar expressions to identify these forward-looking statements. Forward looking statements included in this press release include our expectations about the semiconductor capital equipment market and outlook. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, the Company’s actual results may differ materially from the results predicted or implied by these forward-looking statements. These risks, uncertainties and other factors also include, among others, those identified in «Risk Factors,» «Management’s Discussion and Analysis of Financial Condition and Results of Operations» and elsewhere in our annual report on Form 10-K for the year ended December 27, 2019 as filed with the Securities and Exchange Commission. Ultra Clean Holdings, Inc. undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise unless required by law.

Contact:
Rhonda Bennetto, Vice President Investor Relations
rbennetto@uct.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/ultra-clean-reiterates-fourth-quarter-guidance–provides-outlook-for-first-quarter-301204986.html

SOURCE Ultra Clean Holdings, Inc.

Autor venredPublicado el 11 enero, 2021Categorías Geovanny Vicente

Paginación de entradas

Página anterior Página 1 … Página 752 Página 753 Página 754 … Página 2.267 Próxima página