Industry News

KAR Auction Services, Inc., today reported its second quarter financial results for the period ended June 30, 2016. For the second quarter of 2016, the company reported revenue of $771.8 million as compared with revenue of $658.3 million for the second quarter of 2015, an increase of 17%. Net income for the second quarter of 2016 increased 4% to $61.8 million, or $0.44 per diluted share, as compared with net income of $59.5 million, or $0.41 per diluted share, in..."/>
KAR Auction Services, Inc. Reports Second Quarter 2016 Financial Results
Robert Half International Inc. today announced that its board of directors has approved a quarterly cash dividend of$. 22 per share. The cash dividend will be paid on September 15, 2016, to all shareholders of record as of August 25, 2016.. Founded in 1948, Robert Half is the world's first and largest specialized staffing firm and a recognized leader in professional consulting and staffing services."/>
Robert Half Announces Quarterly Dividend
Orion Energy Systems, Inc., a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its first quarter of fiscal 2017, ended June 30, 2016.. LED revenue accounted for 75.2% of lighting product sales in the first quarter of fiscal 2017, up from 60.9% in the first quarter of..."/>
Orion Energy Systems Announces Financial Results for the First Quarter of Fiscal 2017
ARC Document Solutions, Inc., a leading document solutions provider to design, engineering, construction, and facilities management professionals, today reported its financial results for the second quarter ended June 30, 2016.. 2016 Second Quarter Business Highlights:. Net sales of $103.8 million vs. $113.4 million in Q2 2015 Adjusted diluted earnings per share were $0.10 vs. $0.13 in Q2 2015 Gross margin of 35.1% vs. 36.0% in Q2 2015 due to lower sales..."/>
ARC Document Solutions Reports Results for Second Quarter 2016
ICF International Reports Second Quarter 2016 Results
Atento Reports Fiscal 2016 Second-Quarter Results
Kornit Digital Reports 2016 Second Quarter Results
Enphase Energy, Inc., a global energy technology company, announced today financial results for the second quarter ended June 30, 2016.. Enphase Energy reported total revenue for the second quarter of 2016 of $79.2 million, an increase of 24 percent compared to the first quarter of 2016. During the second quarter of 2016, Enphase sold 186 MW or 796,000 microinverters, which is an increase in MW of 30 percent compared to the first quarter of 2016."/>
Enphase Energy Reports Financial Results for the Second Quarter of 2016
RPX Corporation, the leading provider of patent risk management and discovery management solutions, today announced its financial results for the second quarter ended June 30, 2016.. "Our strategy of diversifying RPX's operations is clearly helping the Company navigate a challenging near term patent environment," said John Amster, CEO of RPX Corporation. "In the second quarter the Discovery Services business posted solid results, our..."/>
RPX Announces Second Quarter 2016 Financial Results
Twin Disc, Inc., today announced that its Board of Directors has appointed David W. Johnson,, to the Company’ s Board of Directors effective July 29, 2016.. “David’ s financial and business knowledge will be a tremendous asset to Twin Disc’ s Board of Directors,” stated David B. Rayburn, Chairman of the Board.“ David brings a significant amount of experience working in the personal marine and watercraft industry and managing global financial activities."/>
Twin Disc, Inc. Appoints David W. Johnson to Board of Directors
Kimball International, Inc. today announced fourth quarter fiscal year 2016 net sales of $164.7 million and income from continuing operations of $6.3 million. Earnings per diluted share for the fourth quarter was $0.17, an increase of 42% over the prior year fourth quarter. Adjusted earnings per diluted share, which excludes charges related to a previously announced restructuring plan, was up 27%.."/>
Kimball International, Inc. Reports Fourth Quarter and Fiscal Year 2016 Results - Annual GAAP Operating Income Increases 93% (Non-GAAP Increases 58%) on Sales Increase of 6%
Hudson Technologies, Inc. announced results for the second quarter ended June 30, 2016.. The Company achieved record revenues for the three months ended June 30, 2016 of $34.6 million, an increase of 21% compared to $28.6 million in the comparable 2015 period. The revenue increase in the quarter is primarily related to an increase in the price of certain refrigerants, slightly offset by reduced volumes of certain refrigerants sold."/>
Hudson Technologies Reports Record Second Quarter Revenues of $34.6 Million; Diluted EPS of $0.14
Fortune Brands Declares Quarterly Dividend
Resources Connection, Inc., announced today that its Board of Directors has approved a 10% increase in its cash dividend to $0.11 per share, payable on September 21, 2016 to all shareholders of record on August 24, 2016.. RGP, the operating subsidiary of Resources Connection, Inc., is a multinational professional services firm that helps business leaders execute internal initiatives."/>
Resources Global Professionals Announces 10% Increase in Quarterly Dividend and Dividend Payment Date
Kforce Inc., a provider of professional staffing services and solutions, today announced results for its second quarter of 2016."/>
Kforce Reports Second Quarter Revenues of $335.0 Million
Matson, Inc., a leading U.S. carrier in the Pacific, today reported net income of $18.0 million, or $0.42 per diluted share for the quarter ended June 30, 2016. Net income for the quarter ended June 30, 2015 was $9.9 million, or $0.23 per diluted share. The Company's second quarter 2015 results were negatively impacted by $13.5 million of additional selling, general and administrative expenses related to the Company's acquisition of Horizon Lines,..."/>
Matson, Inc. Announces Second Quarter EPS Of $0.42; Affirms 2016 Outlook
McGrath RentCorp, a diversified business-to-business rental company, today announced total revenues for the quarter ended June 30, 2016 of $103.1 million, an increase of 7%, compared to $96.0 million in the second quarter of 2015. The Company reported net income of $9.1 million, or $0.38 per diluted share for the second quarter of 2016, compared to net income of $8.5..."/>
McGrath RentCorp Announces Results for Second Quarter 2016
Mercury Fourth Quarter Highlights include:. Revenue, GAAP EPS, adjusted EPS and adjusted EBITDA all exceed estimates Organic book-to-bill ratio of 1.1 yields record backlog of $225 million Total Company book-to-bill ratio of over 1.2 yields total backlog of $288 million Total Company revenue increases 33% over prior year, including a 7% organic increase Completed acquisition of the embedded security, RF and microwave, and custom microelectronics businesses from..."/>
Mercury Systems Reports Fourth Quarter and Fiscal 2016 Results
Elbit Systems Ltd., sources inform "Globes." The decision to begin negotiations was taken by a narrow majority of 3-2. The three votes in favor were by Government Companies Authority director general Ori Yogev, his deputy, and..."/>
Treasury to halt IMI sale talks with Elbit [Globes, Tel Aviv, Israel]
Wipro Infrastructure Engineering, a unit of Wipro Enterprises Ltd., for NIS 300 million. FIMI bought Givon in 2008 for NIS 70 million. Givon develops, produces and sells precision components for the aviation industry, mainly titanium products."/>
FIMI sells aviation products co Givon to India's Wipro [Globes, Tel Aviv, Israel]
Kennametal, the Pittsburgh-based industrial tool maker that Monday reported a loss for the second consecutive year, is cutting 1,000 jobs, or about 8 percent of its global workforce as part of a broad restructuring program. The jobs cuts include layoffs and a voluntary separation program. Kennametal, which has been hit hard by declines in oil and gas markets, said sales for the fiscal year ended June 30 fell 19 percent to $2.1 billion, from $2.6 billion in 2015.."/>
BRIEF: Kennametal to slash 1,000 jobs [Pittsburgh Post-Gazette]
General Dynamics NASSCO– Norfolk was awarded the Mid-Atlantic CVN private sector maintenance contract by the U.S. Navy to perform non-nuclear planning and maintenance work during six Chief of Naval Operations availabilities on four Nimitz-class aircraft carriers and one Gerald R. Ford-class carrier, home-ported in or visiting Norfolk, Virginia. The five-year cost-plus-award-fee and incentive fee contract also includes the ability to..."/>
General Dynamics NASSCO-Norfolk Awarded CVN Maintenance Contract

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