The Andersons, Inc. Reports First Quarter Results
First Quarter Highlights:
"We had mixed results in a turbulent first quarter. The Renewables segment performed well and our ethanol plants had strong operating efficiency and financial results. Coupled with the performance of our ethanol and renewable diesel feedstock merchandising, the segment produced one of its best first quarters. In Agribusiness, we faced challenging markets as global trade uncertainties disrupted typical grain flows and caused many of our commercial customers to focus on just-in-time purchasing. Our agronomy team is off to a good start with product well-positioned for the upcoming planting season," said President and CEO Bill Krueger . "As planting progresses, we see ample second quarter opportunities for our agronomy teams with the expected increase in corn acres this year. Strong system-wide corn and wheat production should provide a good environment for storage and handling in our assets later in the year. We also expect continued demand for our ethanol products, both domestic and export, as we enter the spring maintenance and driving season. We remain pleased with our overall asset and merchandising footprint. With the combination of the former Trade and Nutrient businesses, we are reviewing the portfolio to find synergies and process improvements."
"We continue to pursue growth opportunities. Our longer lead time capital projects in Agribusiness are progressing well and are expected to be completed by mid-2026," continued Krueger. "Our Renewables projects are focused on improving efficiency, co-product yields and lowering the carbon intensity of our high-performing ethanol plants."
$ in millions, except per share amounts
Q1 2025
Q1 2024
Variance
Pretax Income
$ 3.2
$ 14.0
$ (10.8)
Pretax Income (Loss) Attributable to the Company 1
(1.8)
6.9
(8.7)
Adjusted Pretax Income (Loss) Attributable to the Company 1
3.2
6.6
(3.4)
Agribusiness 1
(0.1)
5.4
(5.5)
Renewables 1
15.3
14.1
1.2
Other
(12.0)
(12.9)
0.9
Net Income Attributable to the Company
0.3
5.6
(5.3)
Adjusted Net Income Attributable to the Company 1
4.1
5.6
(1.5)
Diluted Earnings Per Share ("EPS")
0.01
0.16
(0.15)
Adjusted EPS 1
0.12
0.16
(0.04)
EBITDA 1
50.6
51.4
(0.8)
Adjusted EBITDA 1
$ 57.3
$ 51.2
$ 6.1
1 Non-GAAP financial measures; see appendix for explanations and reconciliations.
Cash, Liquidity, and Long-Term Debt Management
"Our businesses continue to generate strong cash flows, although working capital needs in the first quarter typically require significant funding leading to a use of cash from operations. However, our debt remains at a modest level," said Executive Vice President and CFO Brian Valentine . "We remain well below our long-term debt to EBITDA target of less than 2.5 times and are pleased with the strength of our balance sheet. For 2025, we anticipate increased spending on growth projects for previously announced long-term opportunities."
The company used cash from operating activities of $350 million and $240 million in the first quarter of 2025 and 2024, respectively. Cash from operations before working capital changes in the same periods was $57 million and $48 million , respectively. Cash spent on capital projects in the quarter totaled $47 million , a $20 million increase from 2024.
First Quarter Segment Overview
Agribusiness Challenged in Changing Markets
Agribusiness recorded a pretax loss of $10 million and breakeven adjusted pretax income attributable to the company for the quarter compared to pretax income of $3 million and adjusted pretax income of $5 million in the first quarter of 2024.
Results from our ag supply chain businesses were lower with limited trade flows due to market uncertainty. Assets were significantly impacted as basis levels were challenged in our western locations, including those recently acquired as part of the Skyland Grain, LLC investment. The nutrient business showed year-over-year improvement with good fertilizer volume and positioning in advance of an expected increase in corn acres.
The portfolio mix of assets, ingredients, and merchandising businesses provides a solid foundation to navigate challenging market conditions. Sizeable corn planting intentions are favorable, allowing for higher nutrient volumes as well as providing opportunities for storage and handling at harvest. In addition, lower corn stocks entering the year should allow for merchandising opportunities and good early harvest margins in the last half of 2025.
Agribusiness's first quarter adjusted EBITDA was $31 million , compared to $29 million in 2024.
Renewables has Strong Quarter on Efficient Operations and Favorable Ethanol Margins
The Renewables segment reported pretax income of $25 million and pretax income attributable to the company of $15 million in the first quarter. For the same period in 2024, the segment reported pretax income of $24 million and adjusted pretax income attributable to the company of $14 million .
Results from the ethanol production facilities improved year-over-year on efficient operations and higher yields, also benefiting from better year-over-year board crush margins. Plant co-product values were lower, with corn-based feed ingredients competing against an oversupply of alternative protein sources. Ethanol demand is expected to strengthen into the summer with some concerns about cost of inputs. Values of feed ingredient co-products are expected to remain challenged.
Renewables had first quarter EBITDA of $37 million in 2025, compared to adjusted EBITDA of $34 million in 2024.
Income Taxes
The company recorded an income tax benefit for the quarter of $2.1 million , resulting in an effective rate of (66)% for the period. This rate was impacted by a discrete adjustment for a decrease in unrecognized tax benefits related to prior period tax positions. We anticipate a full-year adjusted effective rate of approximately 18% - 22%.
Conference Call
The company will host a webcast on Wednesday, May 7, 2025 , at 8:30 a.m. ET , to discuss its performance and provide its outlook for the remainder of 2025. To access the call, please dial 888-317-6003 or 412-317-6061 (elite entry number is 2480571). It is recommended that you call 10 minutes before the conference call begins.
To access the webcast, click on the link: https://app.webinar.net/XQ59rnDKz3D and submit the requested information as directed. A replay of the call can also be accessed under the heading "Investors" on the company's website at www.andersonsinc.com.
Forward-Looking Statements
This release contains forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially. Without limitation, these risks include economic, weather and regulatory conditions, competition, geopolitical risk, and the risk factors set forth from time to time in the company's filings with the Securities and Exchange Commission. Although the company believes that the assumptions upon which the financial information and its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct.
Non-GAAP Measures
This release contains non-GAAP financial measures. The company believes that pretax income (loss) attributable to the company; adjusted pretax income (loss) attributable to the company; adjusted pretax income (loss); adjusted net income attributable to the company; adjusted diluted earnings per share; earnings before interest, taxes, depreciation, and amortization (or EBITDA); adjusted EBITDA; and cash from operations before working capital changes provide additional information to investors and others about its operations, allowing an evaluation of underlying operating performance and liquidity and better period-to-period comparability. The above measures are not and should not be considered as alternatives to pretax income (loss) or income (loss) before income taxes, net income (loss), diluted earnings (loss) per share attributable to The Andersons, Inc. common shareholders and cash provided by (used in) operating activities as determined by generally accepted accounting principles. Reconciliations of the GAAP to non-GAAP measures may be found within this press release and the financial tables provided herein.
Company Description
The Andersons, Inc., is a diversified company rooted in agriculture that conducts business in the agribusiness and renewables sectors. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. For more information, please visit www.andersonsinc.com.
The Andersons, Inc.
Condensed Consolidated Balance Sheets
(unaudited)
(in thousands)
March 31, 2025
December 31, 2024
March 31, 2024
Assets
Current assets:
Cash and cash equivalents
$ 219,219
$ 561,771
$ 283,902
Accounts receivable, net
812,482
764,550
701,706
Inventories
1,249,047
1,286,811
994,543
Commodity derivative assets – current
155,028
148,801
178,623
Other current assets
92,968
88,344
55,134
Total current assets
2,528,744
2,850,277
2,213,908
Property, plant and equipment, net
860,246
868,151
689,113
Other assets, net
408,692
402,886
358,052
Total assets
$ 3,797,682
$ 4,121,314
$ 3,261,073
Liabilities and equity
Current liabilities:
Short-term debt
$ 222,691
$ 166,614
$ 10,148
Trade and other payables
661,202
1,047,436
625,836
Customer prepayments and deferred revenue
223,702
194,025
174,651
Commodity derivative liabilities – current
69,648
59,766
67,079
Current maturities of long-term debt
62,675
36,139
27,617
Accrued expenses and other current liabilities
194,390
227,192
177,953
Total current liabilities
1,434,308
1,731,172
1,083,284
Long-term debt, less current maturities
588,087
608,151
556,174
Other long-term liabilities
180,853
182,155
145,965
Total liabilities
2,203,248
2,521,478
1,785,423
Total equity
1,594,434
1,599,836
1,475,650
Total liabilities and equity
$ 3,797,682
$ 4,121,314
$ 3,261,073
The Andersons, Inc.
Condensed Consolidated Statements of Cash Flows
(unaudited)
Three months ended March 31,
(in thousands)
2025
2024
Operating Activities
Net income
$ 5,331
$ 12,665
Adjustments to reconcile net income to cash used in operating activities:
Depreciation and amortization
34,340
30,949
Other
17,303
4,795
Changes in operating assets and liabilities:
Accounts receivable
(53,268)
57,725
Inventories
38,531
169,083
Commodity derivatives
1,076
(28,498)
Other current and non-current assets
(8,558)
1,923
Payables and other current and non-current liabilities
(384,775)
(488,269)
Net cash used in operating activities
(350,020)
(239,627)
Investing Activities
Purchases of property, plant and equipment and capitalized software
(46,548)
(26,775)
Other
2,717
4,723
Net cash used in investing activities
(43,831)
(22,052)
Financing Activities
Net proceeds (payments) under short-term lines of credit
56,044
(31,913)
Proceeds from issuance of long-term debt
14,700
—
Payments of long-term debt
(8,416)
(6,870)
Dividends paid
(6,693)
(6,516)
Value of shares withheld for taxes
(3,837)
(8,071)
Distributions to noncontrolling interest owner
—
(44,910)
Other
(1,353)
—
Net cash provided by (used in) financing activities
50,445
(98,280)
Effect of exchange rates on cash and cash equivalents
854
7
Decrease in cash and cash equivalents
(342,552)
(359,952)
Cash and cash equivalents at beginning of period
561,771
643,854
Cash and cash equivalents at end of period
$ 219,219
$ 283,902
The Andersons, Inc.
Adjusted Net Income Attributable to The Andersons, Inc.
A non-GAAP financial measure
(unaudited)
Three months ended
March 31,
(in thousands, except per share data)
2025
2024
Net income
$ 5,331
$ 12,665
Net income attributable to noncontrolling interests
5,047
7,084
Net income attributable to The Andersons, Inc.
284
5,581
Adjustments:
Transaction related compensation
2,103
2,852
Insured inventory and property damage
2,926
—
Gain on deconsolidation of joint venture
—
(3,117)
Income tax impact of adjustments 1
(1,257)
279
Total adjusting items, net of tax
3,772
14
Adjusted net income attributable to The Andersons, Inc.
$ 4,056
$ 5,595
Diluted earnings per share attributable to
The Andersons, Inc. common shareholders
$ 0.01
$ 0.16
Impact on diluted earnings per share
$ 0.11
$ —
Adjusted diluted earnings per share
$ 0.12
$ 0.16
1 The income tax impact of adjustments is taken at the blended federal, state, and local tax rate of 25% with the exception of certain transaction related compensation in 2024.
Adjusted net income (loss) attributable to The Andersons, Inc. reflects reported net income (loss) available to The Andersons, Inc. common shareholders after the removal of specified items described above. Adjusted diluted earnings (loss) per share reflects the fully diluted EPS of The Andersons, Inc. after removal of the effect on EPS as reported of specified items described above. Management believes that Adjusted net income (loss) attributable to The Andersons, Inc. and Adjusted diluted earnings (loss) per share are useful measures of The Andersons, Inc. performance as they provide investors additional information about the operations of the company allowing better evaluation of underlying business performance and better comparability to previous periods. These non-GAAP financial measures are not intended to replace or be alternatives to Net income attributable to The Andersons, Inc. and Diluted earnings per share attributable to The Andersons, Inc. common shareholders as reported, the most directly comparable GAAP financial measures, or any other measures of operating results under GAAP. Earnings amounts described above have been divided by the company's average number of diluted shares outstanding for each respective period in order to arrive at an adjusted diluted earnings (loss) per share amount for each specified item.
The Andersons, Inc.
Segment Data
(unaudited)
(in thousands)
Agribusiness
Renewables
Other
Total
Three months ended March 31, 2025
Sales and merchandising revenues
$ 1,993,287
$ 665,811
$ —
$ 2,659,098
Gross profit
118,598
34,274
—
152,872
Operating, administrative and general expenses
124,489
9,783
11,482
145,754
Other income (loss), net
9,041
1,088
(938)
9,191
Income (loss) before income taxes
(9,676)
24,881
(11,992)
3,213
Income (loss) attributable to noncontrolling interests
(4,522)
9,569
—
5,047
Income (loss) before income taxes attributable to The Andersons, Inc. 1
$ (5,154)
$ 15,312
$ (11,992)
$ (1,834)
Adjustments to income (loss) before income taxes 2
5,029
—
—
5,029
Adjusted income (loss) before income taxes attributable to The Andersons, Inc. 1
$ (125)
$ 15,312
$ (11,992)
$ 3,195
Three months ended March 31, 2024
Sales and merchandising revenues
$ 2,061,439
$ 656,778
$ —
$ 2,718,217
Gross profit
99,519
28,801
—
128,320
Operating, administrative and general expenses
96,921
8,777
13,660
119,358
Other income, net
6,571
4,760
197
11,528
Income (loss) before income taxes
2,538
24,327
(12,897)
13,968
Income attributable to noncontrolling interests
—
7,084
—
7,084
Income (loss) before income taxes attributable to The Andersons, Inc. 1
$ 2,538
$ 17,243
$ (12,897)
$ 6,884
Adjustments to income (loss) before income taxes 2
2,852
(3,117)
—
(265)
Adjusted income (loss) before income taxes attributable to The Andersons, Inc. 1
$ 5,390
$ 14,126
$ (12,897)
$ 6,619
1 Income (loss) before income taxes attributable to The Andersons, Inc. for each operating segment is defined as net sales and merchandising revenues plus identifiable other income less all identifiable operating expenses, including interest expense for carrying working capital and long-term assets and is reported net of the noncontrolling interest share of income.
2 Additional information on the individual adjustments that are included in the adjustments to income (loss) before income taxes can be found in the Reconciliation to EBITDA and Adjusted EBITDA table. All adjustments are consistent with the EBITDA reconciliation with the exception of items where a portion of the expense is attributable to the noncontrolling interest and is represented in Income attributable to the noncontrolling interest within the reconciliation above. These adjustments include a $1.6 million difference in insured inventory and property damages in the Agribusiness segment for the three months ended March 31, 2025.
The Andersons, Inc.
A non-GAAP financial measure
(unaudited)
(in thousands)
Agribusiness
Renewables
Other
Total
Three months ended March 31, 2025
Net income (loss)
$ (9,676)
$ 24,881
$ (9,874)
$ 5,331
Interest expense (income)
12,826
698
(428)
13,096
Tax provision (benefit)
—
—
(2,118)
(2,118)
Depreciation and amortization
21,685
11,891
764
34,340
EBITDA
24,835
37,470
(11,656)
50,649
Adjusting items impacting EBITDA:
Transaction related compensation
2,103
—
—
2,103
Insured inventory and property damage
4,502
—
—
4,502
Total adjusting items
6,605
—
—
6,605
Adjusted EBITDA
$ 31,440
$ 37,470
$ (11,656)
$ 57,254
Three months ended March 31, 2024
Net income (loss)
$ 2,538
$ 24,327
$ (14,200)
$ 12,665
Interest expense (income)
6,631
457
(566)
6,522
Tax provision
—
—
1,303
1,303
Depreciation and amortization
17,048
11,965
1,936
30,949
EBITDA
26,217
36,749
(11,527)
51,439
Adjusting items impacting EBITDA:
Transaction related compensation
2,852
—
—
2,852
Gain on deconsolidation of joint venture
—
(3,117)
—
(3,117)
Total adjusting items
2,852
(3,117)
—
(265)
Adjusted EBITDA
$ 29,069
$ 33,632
$ (11,527)
$ 51,174
Adjusted EBITDA is defined as earnings before interest, taxes and depreciation and amortization, adjusted for specified items. The company calculates adjusted EBITDA by removing the impact of specified items and adding back the amounts of interest expense, tax expense and depreciation and amortization to net income (loss). Management believes that adjusted EBITDA is a useful measure of the company's performance as it provides investors additional information about the company's operations allowing better evaluation of underlying business performance and improved comparability to prior periods. Adjusted EBITDA is a non-GAAP financial measure and is not intended to replace or be an alternative to net income (loss), the most directly comparable GAAP financial measure.
Three Months Ended,
Twelve months
ended March 31,
2025
(in thousands)
June 30,
2024
September 30,
2024
December 31,
2024
March 31,
2025
Net income
$ 52,470
$ 51,461
$ 54,104
$ 5,331
$ 163,366
Interest expense
6,611
8,361
10,266
13,096
38,334
Tax provision (benefit)
4,876
10,731
13,146
(2,118)
26,635
Depreciation and amortization
30,269
30,408
36,178
34,340
131,195
EBITDA
94,226
100,961
113,694
50,649
359,530
Adjusting items impacting EBITDA:
Transaction related compensation
4,049
1,668
2,536
2,103
10,356
Insured inventory and property damage (recoveries)
—
(5,204)
(4,446)
4,502
(5,148)
Acquisition costs
—
—
3,193
—
3,193
Loss on cost method investment
—
—
1,535
—
1,535
Total adjusting items
4,049
(3,536)
2,818
6,605
9,936
Adjusted EBITDA
$ 98,275
$ 97,425
$ 116,512
$ 57,254
$ 369,466
Three Months Ended,
Twelve months
ended March 31,
2024
June 30,
2023
September 30,
2023
December 31,
2023
March 31,
2024
Net income
$ 82,686
$ 30,523
$ 78,437
$ 12,665
$ 204,311
Interest expense
13,953
8,188
8,101
6,522
36,764
Tax provision
21,732
7,862
13,324
1,303
44,221
Depreciation and amortization
30,365
31,215
31,306
30,949
123,835
EBITDA
148,736
77,788
131,168
51,439
409,131
Adjusting items impacting EBITDA:
Transaction related compensation
939
1,999
3,212
2,852
9,002
Gain on deconsolidation of joint venture
(6,544)
—
—
(3,117)
(9,661)
Goodwill impairment
—
—
686
—
686
Gain on sale of assets
—
(5,643)
—
—
(5,643)
Gain on cost method investment
—
(4,798)
—
—
(4,798)
Impairment on equity method investments
—
963
—
—
963
Insured inventory expenses
1,310
—
—
—
1,310
Total adjusting items
(4,295)
(7,479)
3,898
(265)
(8,141)
Adjusted EBITDA
$ 144,441
$ 70,309
$ 135,066
$ 51,174
$ 400,990
Cash from operations before working capital changes is defined as cash provided by (used in) operating activities before the impact of changes in working capital within the statement of cash flows. The Company calculates cash from operations by eliminating the effect of changes in accounts receivable, inventories, commodity derivatives, other assets, and payables and accrued expenses from the cash provided by (used in) operating activities. Management believes that cash from operations before working capital changes is a useful measure of the company's performance as it provides investors additional information about the company's operations allowing better evaluation of underlying business performance and improved comparability to prior periods. Cash from operations before working capital changes is a non-GAAP financial measure and is not intended to replace or be an alternative to cash provided by (used in) operating activities, the most directly comparable GAAP financial measure.
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Article content Cautionary Statement Regarding Forward-Looking statements Article content This release contains 'forward-looking statements' within the meaning of applicable U.S. federal securities laws and 'forward-looking information' within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve's and its management's intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. They are frequently characterized by words such as 'anticipates', 'plan', 'continue', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'may', 'will', 'potential', 'proposed', 'positioned' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. Forward-looking statements contained in this press release include, but are not limited to, statements relating to any bid submitted by the Company for the purchase of the PDVH shares (the 'Bid'). Article content We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risks that may cause the actual events, outcomes or results of Gold Reserve to be materially different from our estimated outcomes, results, performance, or achievements expressed or implied by those forward-looking statements, including but not limited to: the discretion of the Special Master to consider the Bid, to enter into any discussions or negotiation with respect thereto; the Bid will not be approved by the Court as the 'Final Recommend Bid' under the Bidding Procedures, and if approved by the Court may not close, including as a result of not obtaining necessary regulatory approvals, including but not limited to any necessary approvals from the U.S. Office of Foreign Asset Control ('OFAC'), the U.S. Committee on Foreign Investment in the United States, the U.S. Federal Trade Commission or the TSX Venture Exchange; failure of the Company or any other party to obtain sufficient equity and/or debt financing or any required shareholders approvals for, or satisfy other conditions to effect, any transaction resulting from the Bid; that the Company may forfeit any cash amount deposit made due to failing to complete the Bid or otherwise; that the making of the Bid or any transaction resulting therefrom may involve unexpected costs, liabilities or delays; that, prior to or as a result of the completion of any transaction contemplated by the Bid, the business of the Company may experience significant disruptions due to transaction related uncertainty, industry conditions, tariff wars or other factors; the ability to enforce the writ of attachment granted to the Company; the timing set for various reports and/or other matters with respect to the Sale Process may not be met; the ability of the Company to otherwise participate in the Sale Process (and related costs associated therewith Article content ) Article content ; the amount, if any, of proceeds associated with the Sale Process; the competing claims of other creditors of Venezuela, PDVSA and the Company, including any interest on such creditors' judgements and any priority afforded thereto; uncertainties with respect to possible settlements between Venezuela and other creditors and the impact of any such settlements on the amount of funds that may be available under the Sale Process; and the proceeds from the Sale Process may not be sufficient to satisfy the amounts outstanding under the Company's September 2014 arbitral award and/or corresponding November 15, 2015 U.S. judgement in full; and the ramifications of bankruptcy with respect to the Sale Process and/or the Company's claims, including as a result of the priority of other claims. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. For a more detailed discussion of the risk factors affecting the Company's business, see the Company's Management's Discussion & Analysis for the year ended December 31, 2024 and other reports that have been filed on SEDAR+ and are available under the Company's profile at Article content Investors are cautioned not to put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice. Gold Reserve disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, subject to its disclosure obligations under applicable rules promulgated by applicable Canadian provincial and territorial securities laws. Article content Article content Article content
Globe and Mail
4 minutes ago
- Globe and Mail
Patton Re-Launches Dante AV Encoders and Decoders with Colibri Codec at Slashed Pricing
Patton's new release of the FiberPlex FPX6000 DanteAV Audio/Video-over-IP Gateway features the lowest-ever market pricing, the Colibri Codec, and enhanced interoperability. FiberPlex™... Secure Digital Communications! GAITHERSBURG, Md., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Patton—world leader and of Unified Communications, ProAV, and media broadcast products—announces a fresh software release for the FiberPlex FPX6000 AVoIP Gateway series offered at half price. FiberPlex FPX60000 AVoIP Gateway Patton's AVoIP gateways are easy to install and use. The Dante controller makes routing, controlling, and monitoring audio/video traffic as simple as the push of a button. In August 2021, Patton was the first adopter and first to market with Dante AV products. Now, Patton is pleased to announce it has cut the pricing in half on its FPX6000 AVoIP Gateway—while adding software updates that support the latest Colibri firmware. Colibri is the newest video codec from Audinate developed specifically for AV-over-IP distribution. Colibri offers visually lossless quality and low subframe latency. The Patton FPX6000 now interoperates with every Dante AV Ultra product that supports the Colibri codec, including devices from Bolin, AJA Video, Adtechno, Yuan, Minnray, and PTZ Optics. Interop. The FPX6000 will also interoperate with Dante Audio from the Dante AV-A and Dante AV-H products. Later this year, a software update from Audinate for Dante AV-H will enable video transcoding between Dante AV Ultra and Dante AV-H. 4K. Dante AV technology integrates high-quality audio and 4K-video for transmission over 1-Gbps IP networks with practically zero latency. Patton's FPX6000 supports 4K60p 4:4:4. Easy. Patton's AVoIP gateways are easy to install and use. The Dante controller makes routing, controlling, and monitoring audio/video traffic and endpoints as simple as the push of a button. Patton's FPX6000 will also work with Dante Studio, Dante Domain Manager, and Dante Director. Channels. Patton FPX6000 gateways make it easy to insert 8 channels of audio (transmit or receive)—plus a video channel with HDCP encryption—into an existing Ethernet backbone. The Patton solution eliminates the performance issues and management difficulties formerly associated with Audio/Video-over-IP. Synchronized. By providing a single network clock for the entire system, Dante's audio and video synchronization eliminates alignment problems, reducing harmonic distortion and phase noise caused by jitter. Dante AV supports mixed audio-video-data networks while ensuring broadcast media has sufficient bandwidth—even on a standard enterprise gigabit Ethernet network. Connections. In addition to providing high-performance audio and video, the FPX6000 features a convenient, state-of-the-art set of peripheral connectivity options, including USB 2.0 and USB OTG for keyboard and mouse, infrared for remote controls—even serial signals for PTZ control. For more information about the FiberPlex FPX6000 DanteAV Audio/Video-over-IP gateway, go to In related news, Patton recently unveiled its second-generation, US-Made, commercial-grade, FIPS-140 ultra-secure SIP Phone with enhanced NG911 compliance. About Patton Patton is a world-renowned manufacturer of networking and communications technology, offering a wide range of solutions including VoIP, Ethernet extension, wireless, and fiber optic products. Founded in 1984 and headquartered in Gaithersburg, MD, Patton has a strong global presence and a reputation for delivering reliable and innovative solutions to a diverse customer base. Let's Connect!
National Post
4 minutes ago
- National Post
Axius Water® Expands Nutrient Removal Capabilities with the Acquisition of S&N Airoflo, Inc.
Article content Article content POCASSET, Mass. — Axius Water ('Axius'), a leading provider of nutrient management solutions for municipal and industrial wastewater treatment facilities, announced today that it has acquired S&N Airoflo, Inc., a leading supplier of surface aeration systems, based in Greenwood, MS. This acquisition enables Axius to further expand its nutrient removal solutions for water and wastewater, while optimizing efficiency across the ecosystem. Article content S&N Airoflo specializes in oxidation ditches and lagoons for municipal and industrial wastewater treatment. Their proprietary floating brush rotors, continuously refined since 1989, deliver superior oxygen transfer and mixing while reducing power consumption by 30 to 60 percent. The innovative blade design and floating platform architecture maximize treatment efficiency while significantly minimizing energy requirements. Article content 'S&N Airoflo comes to us with a reputation for exceptional customer support combined with simple, reliable solutions that both minimize downtime during installation and also offer long-term cost-efficient operation,' said Chris McIntire, Axius Water CEO. 'Their demonstrated expertise establishes them as an optimal strategic alignment for Axius's long-term objectives.' Article content Todd Nester, Operations Director of S&N Airoflo, added, 'Founded over 25 years ago, S&N Airoflo delivers high-performance, efficient aeration systems. We take pride in our rapid installation technology and our simple, reliable operations. We are thrilled to begin a new chapter as part of Axius and look forward to collaborating with them to support our shared mission of reducing nutrient pollution.' Article content Axius Water was founded in 2019 by KKR's Global Impact Fund, in partnership with XPV Water Partners. Axius' differentiated products and services improve the effectiveness of the water and wastewater treatment process, thereby measurably improving the quality of treated water. Axius is expanding globally as it builds a diverse portfolio of leading solutions that improve the overall wastewater management processes. For additional information, please visit Article content Axius Water Companies: Article content – Operator-approved, end-to-end scalable mechanical plants improving wastewater in North American communities since 1981. Article content Article content ATAC Solutions™ Article content – Leading U.K. wastewater design and process equipment contractor specializing in capital, hire, and turnkey applications. Article content Article content EDI ® Article content (Environmental Dynamics International®) – Global wastewater solutions provider with advanced aeration design, equipment, and aftermarket services since 1975. Article content Article content EOSi ® Article content (Environmental Operating Solutions, Inc.) – Experts in biological nutrient removal solutions, premium non-hazardous carbon sources and advanced process control. Article content Article content MITA Water Technologies ® Article content (MITA WT) – Global supplier of energy-efficient systems for wastewater biological treatment and tertiary pile cloth filtration since 1971. Article content Article content – Engineered water and wastewater systems with 3,000+ installations in 40+ countries since 1950. Article content Article content Nexom ® Article content – Proven filtration, biological and lagoon-based wastewater solutions to reduce key nutrients that contribute to pollution. Article content Article content Triplepoint ® Article content – Preserving small-town lagoon systems by engineering solutions that allow them to meet modern effluent standards. Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Article content
