2024-07-27

ams OSRAM delivers solid revenues in Q2 and continues turn-around with profitability at the upper end of the guided range

ams OSRAM delivers solid revenues in Q2 and continues turn-around with profitability at the upper end of the guided range Q2/24: revenues EUR 819m, adj. EBIT EUR 56m (6.8%), adj. EBITDA EUR 135m (16.5%) Q3/24: expected third quarter revenues of EUR 830 to 930m and adj. EBITDA margin of 17% to 20% H2/24: significantly improved free cash flow due to lower capex and higher profitability Implementation of Re-establish-the-Base program progressing well, approx. EUR 60m savings realized to date Design-win momentum for long-term struc...
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Daktronics (NASDAQ: DAKT), the leading U.S.-based designer and manufacturer of dynamic video communication displays and control systems for customers worldwide, today announced the acquisition of the intellectual property (IP), equipment asset... READ MORE

On December 9, the three-day Live Design International (LDI) show concluded successfully in Las Vegas, USA. As the final major industry event of the year, Absen made a strong appearance with a lineup of all-star products, highlighting its tech... READ MORE