GBA Presents: THE BARE ESSENTIALS

Avantor to create new manufacturing, distribution hub in Singapore 17:19 AVTR Avantor announced it will create a new manufacturing and distribution hub in Singapore by integrating its existing distribution facility with new manufacturing operations. The new hub, which brings Avantor solutions closer to regional customers and strengthens global supply chain capabilities, will be fully operational early next year. The new hub will provide a range of services including quality control and inventory management expertise, and feature cGMP manufacturing suites and testing labs for process ingredients and excipients.

TripAdvisor names Matt Goldberg as CEO, succeeding Stephen Kaufer 17:16 TRIP Tripadvisor announced that Matt Goldberg has been named its CEO, succeeding co-founder and long-time CEO, Stephen Kaufer. Over his career, Goldberg has served in various leadership roles in the digital content, media and entertainment, and travel industries, and in both B2B and direct-to-consumer models at companies such as News Corp, Liberty Interactive Corp, Lonely Planet, and Dow Jones. Most recently, he served as Executive Vice President, North America and Global Operations at The Trade Desk.

Ping Identity sees 2022 revenue $332M-$342M, consensus $334.91M 17:11 PING Ping Identity sees Q2 revenue $70M-$75M, consensus $73.58M 17:11 PING
 
VAN TIME TO GO LONG GXO!

GXO Logistics sees FY22 adjusted EPS $2.70-$2.90, consensus $2.73 16:49 GXO GXO raises full-year 2022 guidance, as follows: Organic revenue growth raised to 11%-15%, previously 8%-12%; Adjusted diluted earnings per share of $2.70-$2.90; Adjusted EBITDA of $707 million to $742 million; Return on invested capital greater than 30%; Free cash flow of approximately 30% of adjusted EBITDA; Depreciation and amortization between $260 million and $280 million; Net capital expenditures at approximately 3% of sales.

GXO-$61.50-$64.75

GXO Logistics reports Q1 adjusted EPS 59c, consensus 52c 16:48 GXO Reports Q1 revenue $2.08B, consensus $2.07B. Malcolm Wilson, CEO of GXO, said, "Our stellar top- and bottom-line performance this quarter and record new business wins are a testament to the value of GXO's game-changing solutions, the strength of our contractual business model and the accelerating demand for first-time outsourcing, especially from e-commerce and omnichannel customers."

STOCK OF THE DAY GXO

GXO Logistics, Inc. (GXO)
61.70+1.83(+3.06%)
At close: May 4 04:00PM EDT
64.75+3.05(+4.94%)<---------------
Pre-Market:07:09AM EDT
 
DraftKings completes acquisition of Golden Nugget Online Gaming 07:47 DKNG, GNOG DraftKings (DKNG)…

Sunrun raised 2022 installation view a 'positive surprise,' says Morgan Stanley 07:47 RUN Morgan Stanley
Sunrun raises FY22 Solar Energy Capacity Installed growth view to 25% or greater 07:42

Butterfly Network, Petco announce technology collaboration » 07:46 BFLY, WOOF Butterfly Network (BFLY)…

Xos announces partnership with Thermo King 07:45 XOS Xos announced a…

XOS-$290

Berry Global backs FY22 EPS view $7.20-$7.70, consensus $7.23 » 07:39 BERY Berry is reaffirming its…BERY-$59.75
 
Cheniere Energy price target raised to $170 from $145 at Cowen 07:38 LNG Cowen analyst Jason Gabelman raised the firm's price target on Cheniere Energy to $170 from $145 and keeps an Outperform rating on the shares. The analyst said he expects the company to reach its debt target 2 years earlier than guidance, accelerating the timeline to a period of more robust shareholder returns.
 
Description

Xos, Inc., a mobility solutions company, manufactures and sells battery-electric commercial vehicles. It offers a range of services to facilitate the transition of fleets to electric vehicles, including charging infrastructure, vehicle maintenance, financing, and service. The company was founded in 2020 and is headquartered in Los Angeles, California.

https://www.xostrucks.com

Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery<----------?
Full Time Employees: 289
 
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