KINGSPORT, Tenn.--(BUSINESS WIRE)-- The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.81 per share on the company's common stock. The dividend is payable July 9, 2024, to stockholders of record as of June 17, 2024. Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safet...
KINGSPORT, Tenn.--(BUSINESS WIRE)-- At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders: reelected directors Humberto P. Alfonso, Brett D. Begemann, Eric L. Butler, Mark J. Costa, Linnie M. Haynesworth, Julie F. Holder, Renée J. Hornbaker, Kim Ann Mink, James J. O’Brien, and David W. Raisbeck to one-year terms; ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2024; and approved, on an advisory basis, the compensation of the company’s executive officers as disclosed in the annual meeting proxy statement (the...
Fortinet Reports First Quarter 2024 Financial Results First Quarter 2024 Highlights Total revenue of $1.35 billion, up 7% year over yearService revenue of $944 million, up 24% year over yearGAAP operating margin of 23.7%Non-GAAP operating margin of 28.5%1Cash flow from operations of $830 millionFree cash flow of $609 million1 SUNNYVALE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the first quarter ended March 31, 2024. “We are diligently executi...
El Pollo Loco Holdings, Inc. Announces First Quarter 2024 Financial Results COSTA MESA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended March 27, 2024. Highlights for the first quarter ended March 27, 2024 compared to the first quarter ended March 29, 2023 were as follows: Total revenue was $116.2 million compared to $114.5 million.System-wide comparable restaurant sales(1) increased by 5.1%.Income from operations was $9.7 million compared to $7.8 million.Restaurant contribution(1) was $1...
POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today reported fiscal 2024 first quarter net sales of $107.6 million and GAAP loss of $14.6 million or $0.31 per share. Cohu also reported first quarter 2024 non-GAAP income of $0.6 million or $0.01 per share. GAAP Results (in millions, except per share amounts) ...
CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and connectivity service provider, and Console Connect, a leading Network-as-a-Service (NaaS) platform, today jointly announced their collaboration which will expand Semtech’s connectivity coverage across the Asia-Pacific (APAC) region for its AirVantage® Smart Connectivity service. This press release features multimedia. View the full release here: Semtech AirVantage Smart Connectivity (Photo: Business Wire) Semtech is leveraging Console Connect’s IMSI service and extensive...
Fortinet Announces Industry’s First Generative AI IoT Security Assistant and New GenAI Capabilities for Network and Security Operations Deeper FortiAI integrations across the Fortinet Security Fabric allow organizations to strengthen their security posture and increase operational efficiency SUNNYVALE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet "Generative AI is reshaping network and security operations, supporting IT and cyber professionals to do more, faster. Fortinet is committed to remaining at the forefront of AI innov...
Fortinet Unveils New FortiGate 200G Series to Deliver Cutting-Edge Performance and AI-Powered Security Services to the Modern Campus Next-gen firewall boosts campus connectivity for Wi-Fi 7 with faster ethernet speeds SUNNYVALE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet “Networks are growing in complexity and scope, and they require high performance and advanced security at the edge. We designed the FortiGate 200G series to serve as a new approach for perimeter security with the computing power and AI-enhanced protections enterprises n...
A director at MSCI Inc sold 9,000 shares at 471.689USD and the significance rating of the trade was 80/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...
Qorvo® Announces Fiscal 2024 Fourth Quarter Financial Results GREENSBORO, N.C., May 01, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s fiscal 2024 fourth quarter ended March 30, 2024. Strategic Highlights Grew quarterly revenue 49% year-over-year and exceeded the mid-point of revenue guidance by $16 millionCompleted acquisition of Anokiwave, a leading supplier of high-performance silicon integrated circuits for intelligent active array antennas for Defense, SATCOM, ...
A director at Caterpillar Inc sold 12,881 shares at 349.214USD and the significance rating of the trade was 85/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
A director at United Rentals Inc sold 8,379 shares at 699.630USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
A director at Fuller H B Co sold 4,645 shares at 75.145USD and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...
IRVINE, Calif.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed-signal semiconductors connecting people, places and things, today reported second fiscal quarter results for the period ended March 29, 2024. Revenue for the second fiscal quarter of 2024 was $1.046 billion. On a GAAP basis, operating income for the second fiscal quarter was $189.2 million with diluted earnings per share of $1.14. On a non-GAAP basis, operating income was $279.1 million with non-GAAP diluted earnings per share of $1.55. “Skyworks delivered solid resu...
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