Mesta

Hammond Power Solutions Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023
Public expenditure, SG, EBITDA, Magnetism, Growth, CFO, HPS, TSX, Rare-earth element, Video game, Cryptocurrency, Mesta

GUELPH, Ontario, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the third quarter 2023.

Key Points: 
  • GUELPH, Ontario, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the third quarter 2023.
  • Demand was driven by our custom power units that serve renewable and data center applications,” said Adrian Thomas, CEO of Hammond Power Solutions.
  • Indian sales for Quarter 3, 2023 finished at $7,790 versus $5,709 in Quarter 2, 2022, an increase of $2,081 or 36.5%.
  • The Company’s Quarter 3, 2023 backlog increased by 40.3% as compared to Quarter 3, 2022 and has increased 11.3% from Quarter 2, 2023.

Hammond Power Solutions Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 1, 2023
Magnetism, History, Public expenditure, HPS, EBITDA, TSX, Rare-earth element, Video game, Cryptocurrency, Retail, Mesta

GUELPH, Ontario, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the second quarter 2023.

Key Points: 
  • GUELPH, Ontario, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the second quarter 2023.
  • Order backlog increased 44.1% versus Quarter 2, 2022
    “The second quarter was noteworthy as we continued to deliver record financial results and experience strong demand from a wide range of end markets, which led to the largest week of bookings in the history of HPS,” said Bill Hammond, Chief Executive Officer of Hammond Power Solutions.
  • The Company’s Quarter 2, 2023 backlog increased by 44.4% as compared to Quarter 2, 2022 and has increased 5.0% from Quarter 1, 2023.
  • On a year-to-date basis, organic volume increases were approximately 14% overall.” said Richard Vollering, Chief Financial Officer of Hammond Power Solutions.

Hammond Power Solutions Reports First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 2, 2023
Mesta, Magnetism, EV, Original equipment manufacturer, Plant, HPS, EBITDA, Hospital, Investment, TSX, Growth, Silicon, Quarters 1, Video game, Drug

GUELPH, Ontario, May 02, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the first quarter 2023.

Key Points: 
  • GUELPH, Ontario, May 02, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the first quarter 2023.
  • Indian sales for Quarter 1, 2023 finished at $15,916 versus $6,517 in Quarter 1, 2022, an increase of $9,399 or 144.2%.
  • The Company’s Quarter 1, 2023 backlog increased by 74.1% as compared to Quarter 1, 2022 and has increased 6.0% from Quarter 4, 2022.
  • Setting aside these assists, we were still able to ship over $155 million in the quarter,” said Richard Vollering, Chief Financial Officer of Hammond Power Solutions.

Hammond Power Solutions Reports Fourth Quarter and Year-End 2022 Financial Results

Retrieved on: 
Tuesday, March 7, 2023
Magnetism, Growth, Information technology, TSX, Hammond, FOB, Executive, EBITDA, HPS, Family, Video game, Drug, Cryptocurrency, Management, Mesta

GUELPH, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the fourth quarter and year-end 2022.

Key Points: 
  • GUELPH, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the fourth quarter and year-end 2022.
  • Through this, Hammond Power Solutions performed admirably, in fact we delivered the strongest financial performance of our 22 years of being a separate public company,” said Bill Hammond, CEO and Chairman of Hammond Power Solutions.
  • Sales in Quarter 3 2022 were $144,253 million compared to $116,278 in Quarter 3, 2021, an increase of 24%.
  • Mr. Hammond remains the largest shareholder of Hammond Power and directly and indirectly controls approximately 59.7% of the voting rights of the Company.

Hammond Power Solutions Reports Third Quarter 2022 Financial Results

Retrieved on: 
Thursday, October 27, 2022
EBITDA, Information technology, Company, Acquisition, Growth, CEO, Mesta, Environment, HPS, Income, Hammond, TSX, GLOBE, Investment, Magnetism, Capital expenditure, Renewable energy, Video game

GUELPH, Ontario, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (HPS) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the third quarter 2022.

Key Points: 
  • GUELPH, Ontario, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (HPS) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the third quarter 2022.
  • Furthermore, historically high production volumes are having a positive impact on margins, said Richard Vollering, Chief Financial Officer of Hammond Power Solutions.
  • Two additional price increases were implemented in 2022, some of which affected Quarter 3, 2022 sales and will continue to be reflected in future quarter sales.
  • Capital expenditures were $3,129 in Quarter 3, 2022 compared to $1,741 for Quarter 3, 2021, an increase of $1,388.

Hammond Power Reports Second Quarter 2022 Financial Results

Retrieved on: 
Tuesday, August 2, 2022
TSX, CFO, GLOBE, Â, OEM, CEO, EV, Federal aid during the COVID-19 pandemic in Canada, Information technology, Solar energy, Income, Capital expenditure, Magnetism, Mining, Company, EBITDA, Mesta, Growth, HPS, Renewable energy, Video game, Drug

GUELPH, Ontario, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the second quarter 2022.

Key Points: 
  • GUELPH, Ontario, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (HPS) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the second quarter 2022.
  • Sales in the United States and Mexico stated in Canadian dollars increased by $30,806 or 58.1%, finishing at $83,859 for Quarter 2, 2022 compared to $53,053 in Quarter 2, 2021.
  • Indian sales for Quarter 2, 2022 finished at $6,771 versus $2,557 in Quarter 2, 2021, a significant increase of $4,214 or 164.8%.
  • Capital expenditures were $1,304 in Quarter 2, 2022 compared to $480 for Quarter 2, 2021, an increase of $824.

Hammond Power Reports First Quarter 2022 Financial Results

Retrieved on: 
Monday, May 2, 2022
Mining, Information technology, National, EBITDA, GLOBE, OEM, Company, Engineering, Mesta, Geography, Industry, China National Materials Group, HPS, Magnetism, Income, TSX, CEO, Growth, Ownership, Renewable energy, Video game, Bank, LNG

GUELPH, Ontario, May 02, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the first quarter 2022.

Key Points: 
  • GUELPH, Ontario, May 02, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (HPS) (TSX: HPS.A), a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the first quarter 2022.
  • Indian sales for Quarter 1, 2022 finished at $6,517 versus $5,815 in Quarter 1, 2021, an increase of $702 or 12.1%.
  • The Companys Quarter 1, 2022 backlog has increased by a record 91.9% as compared to Quarter 1, 2021 and has increased 32.1% from Quarter 4, 2021.
  • Interest expense for Quarter 1, 2022 was $263, an increase of $158 compared to the Quarter 1, 2021 expense of $105.

Hammond Power Reports Fourth Quarter and Full-Year 2021 Financial Results

Retrieved on: 
Thursday, March 3, 2022
CEWS, TSX, Magnetism, Industry, CFO, Income, Traction, Information technology, Growth, Company, Acquisition, CEO, EBITDA, HPS, GLOBE, Animal, Ridesharing company, Mesta

GUELPH, Ontario, March 03, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the fourth quarter and full year of 2021.

Key Points: 
  • GUELPH, Ontario, March 03, 2022 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (HPS) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the fourth quarter and full year of 2021.
  • Our organic growth throughout 2021, but particularly in the fourth quarter, was driven primarily through our North American distributor network, which grew 27% during the year, said Bill Hammond Chairman and CEO of Hammond.
  • Sales for the fourth quarter were up 45% verus the same quarter in 2021, which is the result of strong demand in the third and fourth quarters and the effect of price increases that took effect during the year.
  • The 2021 backlog has increased by 59% as compared to December 31, 2020 and has increased 26% from Quarter 3, 2021.

KSOC Raises $6 Million Seed Round to Definitively Secure Kubernetes

Retrieved on: 
Tuesday, February 15, 2022
Data Management, Security, Technology, Software, Networks, Internet, Hardware, Cloud, Cloud Native Computing Foundation, KIEM, Adoption, CTO, CEO, PST, Risk, Entrepreneurship, Software as a service, Brooke, DevOps, Former, Security, Leadership, Technology, World market, CNCF, CISO, Mesta, Veeam Backup & Replication, Growth, KDR, Organization, Draco (lawgiver), CMO, Cryptocurrency, Risk management, KSOC, Kubernetes

KSOC , an event-driven SaaS platform built to automatically remediate Kubernetes security risks and enforce least privilege access control across distributed cluster infrastructures, today announced it has raised $6 million in seed funding.

Key Points: 
  • KSOC , an event-driven SaaS platform built to automatically remediate Kubernetes security risks and enforce least privilege access control across distributed cluster infrastructures, today announced it has raised $6 million in seed funding.
  • KSOC gives development, security and operations teams the ability to automatically discover clusters, remediate misconfigurations, and securely manage access entitlements across any Kubernetes infrastructure.
  • Attendees will learn how KSOC enables security teams to discover and remediate Kubernetes misconfigurations and vulnerabilities across any cloud.
  • KSOC (Kubernetes Security Operations Center) reduces an organization's attack surface through Kubernetes Detection and Response (KDR) as well as Kubernetes Infrastructure Entitlements Management (KIEM).

PUBG: NEW STATE REVEALS ITS FIRST MAJOR UPDATE AS IT CELEBRATES 45 MILLION DOWNLOADS

Retrieved on: 
Thursday, December 16, 2021
Instagram, Time-invariant system, Electron, The Callisto Protocol, ADS, PUBG, Training, Social media, Android, Zeke Bella, NEW, SLR, Bell, Krafton, Weapon, Multimedia, TERA, Twitter, YouTube, Deep learning, IOS, Skin, M416, Video game, Telescopic sight, Facebook, Mesta

SANTA MONICA, Calif., Dec. 16, 2021 /PRNewswire/ -- KRAFTON, Inc. today revealed PUBG: NEW STATE's first major post-launch update as the game surpasses more than 45 million downloads globally. Survivor Pass Vol. 2 is now available and allows players to unlock a variety of new in-game rewards. Additionally, new vehicles, a new weapon, gun customization options and more are added to the new free-to-play next-generation mobile battle royale game from PUBG Studios, the creators of the original PUBG: BATTLEGROUNDS.

Key Points: 
  • SANTA MONICA, Calif., Dec. 16, 2021 /PRNewswire/ -- KRAFTON, Inc. today revealed PUBG: NEW STATE 's first major post-launch update as the game surpasses more than 45 million downloads globally.
  • See below for a list of key features available on PUBG: NEW STATE with the new update:
    Survivor Pass Vol.
  • 2: Available now, this Survivor Pass is based on the in-game character Bell, who is part of the Dream Runners Faction.
  • This first major update for PUBG: NEW STATE is playable now for Android and iOS users.