Avadel: Q4 Earnings Snapshot
On a per-share basis, the Dublin-based company said it had a loss of 5 cents.
The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for a loss of 5 cents per share.
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Business Wire
20 minutes ago
- Business Wire
Consilien Named to the 2025 Channel Partners MSP 501 List
LOS ANGELES--(BUSINESS WIRE)--Consilien, a California-based leader in managed IT, cybersecurity, and compliance services, has been named to the prestigious 2025 Channel Partners MSP 501 list, the IT channel's most comprehensive ranking of managed service providers (MSPs) worldwide. Now in its 18th year, the MSP 501 list recognizes top performing IT providers based on a rigorous, data driven review of business performance, including recurring revenue, profitability, innovation, and client success. Consilien's selection places it among the most trusted and forward thinking service providers in the global MSP community. 'This recognition means a great deal to our team and to the clients we support every day,' said Eric Kong, CEO of Consilien. 'It's not just about growth, it's about building long term value and solving real business challenges in areas like cybersecurity, AI readiness, and regulatory compliance.' Consilien has built a reputation for helping small and mid-sized organizations manage growing IT complexity and evolving cyber threats. With a focus on transparency, responsiveness, and strategic planning, the company has earned consistent client trust and long term partnerships. 'Technology has changed, and the stakes have never been higher,' Kong added. 'But this is where our team excels. Behind the scenes, solving problems, staying ahead of threats, and helping clients operate with confidence.' As part of the MSP 501 list, Consilien joins a select group of global IT providers recognized for their leadership, resilience, and commitment to innovation. The honor reinforces Consilien's continued investment in secure IT infrastructure, compliance enablement, and forward looking technology solutions. 'We're proud of how far we've come, but we're not done,' said Kong. 'This is motivation to keep improving, keep serving, and keep building the kind of IT partnerships that truly make a difference.' For more information about Consilien's services or to explore what it means to work with a top ranked MSP, visit
Yahoo
38 minutes ago
- Yahoo
Made in Canada: Orange juice imports from the U.S. have been squeezed dry. What other easy food and drink swaps can Canadians make?
As tariffs continue, a buy-local expert shares how Canadians can find substitutions to imported products including fruit and alcohol. The ongoing trade war between Canada and the United States is influencing consumers' buying decisions, especially at the grocery store, where shoppers are already faced with higher prices due to inflation. Canadian customers are opting to buy Canadian products and brands, which are exempt from tariffs. Plus, there's the added bonus of supporting Canadian producers who may be subjected to U.S. import tariffs themselves. A recent Yahoo Canada poll showed that 49 per cent of more than 1,800 readers are only shopping Canadian products amid tariffs from U.S. President Donald Trump. Out of all the voters, 40 per cent indicated they try to shop local when possible, whereas 11 per cent are purchasing the cheapest items they can. It's a change in shopping habits that has impacted American imports to Canada — specifically with orange juice from Florida. Newly released data from the U.S. Census Bureau showed that in June, orange juice shipments from the U.S. to Canada fell to their lowest level in more than two decades. While weather and disease have played roles in harming Florida's supply of the citrus, it's worth noting that many Canadians are simply looking for other supplies for their groceries. Lately, it's also been easier to know which products are Canadian: Some grocery stores have labelled Canadian-made products with signage to help shoppers discern which products are local, and we've also published a handy guide on how to buy Canadian brands during the trade war. Traditionally, Canada is a significant importer of food, especially fruits, vegetables and processed foods, with the U.S. being a major supplier. In 2019, Canada was the sixth largest importer of agri-food and seafood products in the world, and the top supplying partners were the U.S., the EU, Mexico, China and Thailand. In 2019, Canada's top five imports were wine, baked goods, food preparations, coffee and pet food, followed by chocolate, fresh berries, fruits and nuts, fresh vegetables, spirits and liqueurs, bottled water, crustaceans, sauce/condiments, prepared fish and prepared meat. Amy Robinson is the founder and executive director of LOCO BC, a Vancouver-based non-profit that helps promote buy-local initiatives to consumers, businesses and governments. She's also an expert on how to buy local, no matter where you live in Canada. Robinson spoke to Yahoo Canada to share easy food swaps Canadians can make for some of our biggest imports from the U.S. Easy food swaps to make Here's the good news: Apart from some imported tropical fruits and vegetables, there are Canadian alternatives for nearly all the top imported agri-food and seafood products. It just takes a little extra time and research to find them. Robinson herself is getting creative with her grocery list and opting for local foods, even if there's not a direct alternative. 'My husband put broccoli and cauliflower on our grocery list. I couldn't find anything that's local right now, it's all coming from the U.S. So I said to him, let's think about what other foods we could eat,' she said. 'We're in Vancouver, so we have tons of local mushrooms. I found some local Asian greens, and we're buying Living Lettuce that comes from Calgary.' The first step, of course, is to read the labels first to find out whether the food item is locally or regionally made. Then, opt for produce that's in season, even if it's not a staple you usually go for. 'Think of the way restaurants prepare menus seasonally based on what's available — if you want to eat local and support local farmers and support local manufacturers, then build your menu around that.' This may mean eating foods like potatoes, onions, carrots and squashes in the colder months, or local apples and pears that can be stored for long periods. If you're used to only shopping at the grocery store and you're having trouble sourcing fresh produce, Robinson recommended visiting farm gate sales or farmers' markets to buy from local farmers directly. Robinson recently visited a farm in Delta, B.C., and she was surprised at the variety of fresh produce they had, including beets, leeks, onions, carrots and apples. 'They get the most money from your purchase, because they're not having to sell it to a retailer first,' she said. Farmers' markets are common across Canada, with local produce, baked goods and small businesses selling items such as jams, condiments and sauces. Orange juice Swapping out oranges and orange juice from the U.S. is top of mind for many shoppers. Oranges are tough to grow in Canada, so it makes sense that in 2023 nearly half of Canada's fresh or dried orange imports came from the U.S. However, there are alternatives, such as trying out apple juice made from Canadian apples. SunRype, based in Kelowna, B.C., makes apple juice made from 90 per cent Canadian apples. Its parent company, Lassonde, is based in Canada and includes Oasis, Rougemont, Old Orchard and SunRype juices. If you're looking to switch it up further, try Terra Beata Farms' cranberry juice, which is farmed near Lunenburg, N.S. Patience Fruit & Co's blueberry juice is another option, which uses blueberries sourced from Quebec and New Brunswick. If nothing will quench your thirst like orange juice, don't fret. Brazil is actually the world's largest producer and exporter of oranges, and you can source Brazilian orange juice at the grocery store. For example, Oasis, the largest Canadian-owned juice brand, sources its oranges from Brazil. Supermarkets also stock oranges from Morocco and Portugal, but be wary that disease and weather has impacted crops in these countries, too. Click here for more food and beverages made in Canada Bourbon There are strict rules for bourbon, but bourbon-lovers looking to support Canadian brands have plenty of alternatives to their go-to Kentucky-made distilled spirit to sip and savour. Does Canadian bourbon exist? Kind of. Technically, bourbon can only be called bourbon when it's produced in America, however, there are many Canadian distilleries producing whisky and corn whisky here at home. Canadian whisky from brands like Crown Royal, Canadian Club and Forty Creek are tried and tested favourites, but there are plenty of other alternatives to Kentucky bourbon like Bearface and Okanagan Spirits that make bourbon-style (corn) whiskies. Rig Hand Distillery in Edmonton is another option that makes corn whisky using grain and barley from Alberta to produce a 51 per cent corn product aged in new barrels. It meets a majority of the criteria for bourbon — it's just not made in the states. Coffee When it comes to finding local coffee, which is among Canada's top imports from the U.S., Robinson recommended researching locally owned businesses. Some companies that are sold coast-to-coast include Kicking Horse Coffee, Balzac's Coffee and 49th Parallel Coffee. There are smaller hyper-local coffee roasters across Canada, too. 'Everybody's got great local roasters near them, just discover what's in your area,' she said. Click here for more coffee, tea and other beverages made in Canada Baked goods Local baked goods are easily found at farmers' markets or bake sales. If you want to swap your flour products, Robinson recommended Anita's Organic Mill. It's a flour mill in B.C. that sources grains from Canadian farmers and mills them in Chilliwack, and then sells packaged items such as flour, oats and pancake mix at retailers across Canada. Prepared foods For prepared foods, Robinson recommended checking out the local aisles at the grocery store. 'I discovered this amazing cracker company called Cedar Valley,' she said. The Windsor-based company makes authentic pita chips made with 100 per cent coconut oil, and they're sold in more than 1,300 grocery stores across Canada. 'Those things are so addictive. They're amazing." For canned foods, Robinson recommended checking out a Co-op branded grocery store: 'Their Co-op products are often made in Canada and often with Canadian ingredients, like canned tomatoes.' Nuts Believe it or not, there are nut producers in Canada. Hazelnuts and black walnuts are grown in B.C. and in the Great Lakes-St. Lawrence region. In Ontario, artisan nut producer Jewels Under the Kilt sells pecans, walnuts and hazelnuts, while in Vittoria, Ont., Kernal is the largest peanut grower in Canada. In Quebec, you can shop from black walnut producers like Jolies Mi-Noix and Au Jardin des noix. As always, look for producers closest to you. Spirits and liqueurs Provincial liquor stores have been leading the charge when it comes to hitting back against the U.S. tariffs. Ontario, Quebec, Alberta and Nova Scotia, among other provinces, have pulled American alcohol and wine off the shelves, leaving it pretty easy to shop local. 'The provincial liquor stores are pretty good in that, at the top of each aisle, it will give you the country of origin,' Robinson said. 'So it's pretty easy to go, OK, this is the aisle that I shop in.' Canada has many wine regions, from B.C.'s Okanagan Valley to Nova Scotia's Annapolis Valley, and throughout Ontario. Producers coast to coast make hard seltzers and sodas, like NÜTRL Vodka Seltzer in B.C., Cottage Springs in Ontario and Blue Lobster vodka sodas out of Nova Scotia. Small-scale craft breweries have been popping up across the country for years, and there are local breweries in every province, whether it's Saskatchewan's Pile O'Bones Brewing, Quebec's Frampton Brasse or Tatamagouche Brewing Co. in Nova Scotia. Click here for more wine, beer and spirits made in Canada Pet food 'My dog eats raw food, and so I buy it directly from the producer,' Robinson said. CRUDO by Surrey Meat Packers is a pet food supplier in Burnaby, Surrey and Vancouver, and they also sell wholesale to retail stores. If you're having trouble sourcing locally-made pet food in your area, however, buying from an independently owned business still makes an impact. In fact, research from LOCO BC found that shopping at locally owned businesses creates four to eight times the economic impact of buying from multinational corporations. 'So if people can look for a locally-owned pet store rather than buying at a gigantic supermarket or one of the big chain pet stores, they're going to know their inventory really well, and they're way more likely to stock local products,' Robinson explained. Click here for more pet food brands made in Canada
Yahoo
an hour ago
- Yahoo
Plug Power Declines 22.1% YTD: Time to Hold the Stock or Exit?
Plug Power Inc. PLUG, a familiar name in the green hydrogen industry, has seen a 22.1% plunge in its stock price in the year-to-date period, underperforming the industry as well as the S&P 500. While the industry grew 10.9% over the same time frame, the S&P 500 advanced 9.5%. The company's peers, Bloom Energy Corporation BE and FuelCell Energy, Inc. FCEL, have surged 109.3% and declined 53.2%, respectively. Plug Power Lags Industry & S&P 500 Image Source: Zacks Investment Research The company has been subject to a high cash burn rate and negative gross margins over the past several quarters. However, the margins are on an improving trend, driven by its cost reduction and supply-chain optimization efforts, price increases and progress in leveraging its hydrogen platform. Amid this, the leading hydrogen energy stock is trading above both its 50-day and 200-day moving average. PLUG Stock's 50-Day & 200-Day Moving Averages Image Source: Zacks Investment Research Some investors might see this dip as an opportunity to buy Plug Power, considering the vast long-term market potential of green hydrogen and its solid product pipeline. However, it would be prudent to assess if it is the right time to invest in the stock. Let's delve deeper. Challenges Faced by PLUG Stock PLUG witnessed a significant decline in the number of hydrogen site installations in 2024, which reduced from 52 to 15 on a year-over-year basis. In the first six months of 2025, this number reduced to four from eight in the prior-year comparable period. This has been adversely impacting its revenues related to the sales of hydrogen infrastructure. Additionally, fewer liquefier projects and a slower rate of progress on the existing ventures have been hurting revenues from the sales of cryogenic storage equipment and major issue that has plagued Plug Power is its inability to generate positive gross margins and cash inflows. It recorded a gross margin of negative 31% in second-quarter 2025 compared with a gross margin of negative 92% in the year-ago quarter. Meanwhile, its operating cash outflow totaled $297.4 million in the first six months of 2025 compared with $422.5 million in the year-ago the weak liquidity position, the company has been selling shares to raise funds for its operations and invest in hydrogen plants. In the first quarter, it received $267.5 million as net proceeds from equity sales and the amount totaled $857.9 million in also operates in the highly competitive green hydrogen and fuel cell markets. As one of its peers, FuelCell Energy is a leading producer of stationary fuel cells and electrolysis platforms. PLUG's another peer, Bloom Energy, is a leading provider of solid-oxide fuel cell systems for on-site power generation. Long-Run Prospects Look Bright Plug Power's strong expertise in providing and installing electrolyzers is underlined by its significant presence in Rochester, NY, with its Gigafactory being one of the biggest PEM manufacturing facilities in the results continue to show signs of recovery in the second quarter of 2025. After witnessing growth of 11% in the first quarter, PLUG's revenues surged 21% year over year in the second quarter. Revenues were driven by robust demand for its GenDrive fuel cells, GenFuel hydrogen infrastructure and GenEco electrolyzer platforms. Its electrolyzer revenues tripled year over year to $45 million in the quarter, as the business scales first-quarter 2025, PLUG also launched Project Quantum Leap to generate more than $200 million in annualized savings. As part of the project, it expects to benefit from sales growth, pricing actions, inventory and capex management, and increased leverage of its hydrogen production platform. PLUG expects the project to boost its cash flow and reduce the cash burn rate in the quarters this year, Plug Power secured a loan guarantee worth $1.66 billion from the U.S. Department of Energy (DOE) to support the construction of six green hydrogen production facilities. This marks a significant step in the expansion of its domestic manufacturing and hydrogen production capabilities. Also, in January 2025, Plug Power signed a three-gigawatt (GW) agreement with Allied Green Ammonia in Australia, which reflects rising global demand for green hydrogen. Going by some estimates that state that the green hydrogen energy market may grow to $30 billion by 2030, PLUG offers solid long-term growth opportunities. PLUG's Estimate Revisions The Zacks Consensus Estimate for PLUG's bottom line for 2025 and 2026 has decreased in the past 60 days. Image Source: Zacks Investment Research Valuation From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 3.64X against the industry average of 22.41X. In comparison, FuelCell Energy and Bloom Energy are trading at (0.81X) and 73.86X, respectively. Image Source: Zacks Investment Research Final Take on PLUG While the significant dip in PLUG stock is concerning, its strong foothold in the market, innovative product portfolio and strategic investments and partnerships are likely to drive its long-term performance. Nevertheless, the ongoing challenges, including lower sales of hydrogen infrastructure, negative gross margins and cash outflows, are likely to continue to impact this Zacks Rank #3 (Hold) company's near-term current shareholders should hold their positions, new investors should wait for the stock to provide a better entry point. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Plug Power, Inc. (PLUG) : Free Stock Analysis Report FuelCell Energy, Inc. (FCEL) : Free Stock Analysis Report Bloom Energy Corporation (BE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
