Hammond Power Solutions Reports Third Quarter 2024 Financial Results [Financial Post (Toronto, Ontario, Canada)]
Adeia Inc. (ADEA)
Company Research
Source: Financial Post
(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, Oct. 29, 2024 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS” or the “Company”) (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 2024. HIGHLIGHTS Sales of $192 million in the quarter, a 6.9% increase versus 2023. Adjusted EBITDA of $34,377 in the quarter, or 17.9% of sales. Gross margin of 33.8% for the quarter. Net earnings of $16.3 million in the quarter. Earnings per share of $1.37 for the quarter, significantly impacted by share-based compensation. Backlog increased by 4% over the second quarter of 2024. “We have continued to make significant strides in progressing our strategic goals and developing capacity for the future. In the quarter, we saw the product mix continue to shift towards custom products, a trend we have been experiencing fo
Show less
Read more
Impact Snapshot
Event Time:
ADEA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ADEA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ADEA alerts
High impacting Adeia Inc. news events
Weekly update
A roundup of the hottest topics
ADEA
News
- Adeia Enters into Multi-Year IP License Renewal with LG U+GlobeNewswire
- Adeia Renews Multi-Year IP License Agreement with Fetch TVGlobeNewswire
- Adeia Successfully Completes Second Debt Repricing in Past 8 MonthsGlobeNewswire
- Adeia Renews Multi-Year IP License Agreement with RokuGlobeNewswire
- Adeia to Release Fourth Quarter 2024 Financial Results on February 18, 2025GlobeNewswire