logo
AmeraMex International Announces $1.0 Million in Strategic Equipment Sales

AmeraMex International Announces $1.0 Million in Strategic Equipment Sales

Globe and Mail2 days ago
Chico, California--(Newsfile Corp. - July 30, 2025) - AmeraMex International, Inc. (OTC Pink: AMMX), a recognized leader in heavy equipment solutions-including next-generation electric-powered machinery-across logistics, construction, manufacturing, agriculture, and forestry conservation, today announced the successful completion of $1.0 million in equipment orders.
The orders include two standout assets from Taylor Equipment: a brand-new Reach Stacker and a fully refurbished forklift boasting a 65,000-pound lift capacity. These high-performance machines will be deployed to a strategic container yard in Southern California to support the seamless movement of shipping containers in and out of port operations.
Additionally, the AmeraMex sales team placed several compact forklifts with clients in Northern California. The refurbished Taylor forklift is scheduled to ship before the close of Q3, with the Reach Stacker following in Q4.
The Southern California container yard, located near a major port, serves as a logistics hub for storing, sorting, and transferring cargo containers via ships, trucks, and rail. Powered by AmeraMex's equipment, the yard plays a vital role in streamlining supply chain operations along the West Coast.
Taylor Equipment Reach Stacker
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10200/260548_a8bd4c29a469f8a3_001full.jpg
Learn More
AmeraMex International provides top-tier electric and diesel-powered equipment for logistics, construction, and forestry industries. Customers interested in equipment pricing or live demonstrations-including Firstgreen Industries electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators, Magni Telescopic Handlers, LiuGong's line of electric construction equipment, and CMI Mulching Track Tractors-are encouraged to contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.
AmeraMex International
AmeraMex International sells, leases, and rents electric and diesel-powered heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company has over 40 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.
Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are key factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the OTC Markets. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons the actual results could differ materially from those anticipated in these forward-looking statements, even if added information becomes available in the future.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Enovix Shareholder Reminder: Early Warrant Expiration Price Condition
Enovix Shareholder Reminder: Early Warrant Expiration Price Condition

Globe and Mail

time3 hours ago

  • Globe and Mail

Enovix Shareholder Reminder: Early Warrant Expiration Price Condition

FREMONT, Calif., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX, ENVXW) ('Company' or 'Enovix'), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for nine trading days since the distribution of the warrants to purchase common stock (the 'Warrants'), currently traded on Nasdaq under ENVXW. Today's closing price for Enovix common stock was $10.71 per share, and the Warrants remain $1.96 in-the-money based on their $8.75 per share exercise price. The earliest expiration date for the Warrants remains August 19, 2025, subject to Enovix common stock continuing to trade above $10.50 for 20 of 30 trading days in accordance with the Warrant Agreement. Ryan Benton, Chief Financial Officer, stated, 'We've now completed nine consecutive trading days out of the twenty days required to trigger early expiration. There may be as few as eleven trading days left prior to expiration of the Warrants, after which the Warrants will no longer be tradable or exercisable. In the meantime, we encourage shareholders to act according to the timeline that best fits their individual circumstances.' Enovix expects to provide further periodic updates, including if and when the Early Expiration Price Condition is met. Further Information Relating to the Warrants For more information relating to the exercise mechanics and other terms of the Warrants, please refer to the materials filed by the Company with the Securities and Exchange Commission (the 'SEC') available at and the information posted on the Company's website at About Enovix Corporation Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company's breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix's technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design and manufacturing process. Enovix is headquartered in Silicon Valley with facilities in India, South Korea and Malaysia. For more information visit and follow us on LinkedIn. No Offer or Solicitation This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The issuance of the Warrants has not been registered under the Securities Act of 1933, as amended (the 'Securities Act'), as the distribution of a Warrant for no consideration does not constitute a sale of a security under Section 2(a)(3) of the Securities Act. A Form 8-A registration statement and prospectus supplement describing the terms of the Warrants were filed with the SEC and are available on the SEC's website located at Holders of Warrants should read the prospectus supplement carefully, including the Risk Factors section included and incorporated by reference therein. This press release contains a general summary of the Warrants. Please read the Warrant Agreement filed as an exhibit to the Company's Current Report on Form 8-K filed with the SEC on July 21, 2025 as it contains important information about the terms of the Warrants. Forward‐Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, about us, the Warrants and our business that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and can be identified by words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, should, would and similar expressions that convey uncertainty about future events or outcomes. Forward-looking statements in this press release include, without limitation, our expectations regarding the Early Expiration Price Condition and the anticipated trading prices of our common stock. Actual results and outcomes could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, those risks and uncertainties and other potential factors set forth in our filings with the SEC, including in the 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of our most recently filed annual report on Form 10-K and quarterly reports on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. For a full discussion of these risks, please refer to Enovix's filings with the SEC, including its most recent Form 10-K and Form 10-Q, available at and Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.

Why Roku Stock Took a Dive Today
Why Roku Stock Took a Dive Today

Globe and Mail

time3 hours ago

  • Globe and Mail

Why Roku Stock Took a Dive Today

Key Points Roku posted solid growth on the top and bottom lines, but investors were still unsatisfied with the report. After it surged through May and June, investors seemed to think the stock had run too high. Roku's losses are improving, but investors typically demand faster growth from an unprofitable company. 10 stocks we like better than Roku › Shares of Roku (NASDAQ: ROKU) were tumbling today even though the leading streaming distribution platform topped headline estimates. Investors still seemed to find fault with key metrics in the quarter, as well as with its guidance and valuation. As a result, the stock was down 15.5% at 2:14 p.m. ET. Roku is moving in the right direction Roku is still losing money on a generally accepted accounting principles (GAAP) basis, but the company is making strides toward profitability. In the second quarter, Roku reported revenue of $1.11 billion, up 15% from the quarter a year ago, which was better than estimates at $1.07 billion. Revenue from devices was down 6% to $135.6 million, which could be a bad sign, as device sales help grow its customer base. Platform revenue, its core business, which is driven by advertising and subscription revenue share, was up 18% to $975.5 million. Streaming hours watched rose 17% to 35.4 billion, a positive trend for consumption. On the bottom line, the company showed improvement as adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 79% to $78.2 million. GAAP operating loss, meanwhile, narrowed from $71.2 million to $23.3 million. With the help of $28 million in other income from interest and strategic investments, Roku reported a GAAP per-share profit of $0.07, up from a loss in the quarter a year ago of $0.24 and better than estimates at a per-share loss of $0.16. Management credited its solid growth to "strong performance in video advertising and the successful acquisition of Frndly," as well as new ad tech integrations, including with Amazon. What's next for Roku Looking ahead, Roku expects $1.205 billion in revenue for the third quarter, or 13% growth, though that was ahead of the consensus at $1.17 billion. Its full-year revenue guidance of $4.65 billion was slightly below the average estimate at $4.66 billion. The company also announced a $400 million share buyback program. Overall, the results weren't the kind that typically lead to a double-digit decline. However, investors seem frustrated with Roku's operating losses and its valuation, considering it's expected to grow only in the low teens to midteens for the rest of the year. The stock soared in May and June, benefiting from the broader market recovery and its new ad partnership with Amazon. In that context, today's pullback seems to be more of a reset than a new trend in the stock. Should you invest $1,000 in Roku right now? Before you buy stock in Roku, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Roku wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* Now, it's worth noting Stock Advisor's total average return is 1,036% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. *Stock Advisor returns as of July 29, 2025

Roku (ROKU) Q2 Revenue Jumps 15%
Roku (ROKU) Q2 Revenue Jumps 15%

Globe and Mail

time3 hours ago

  • Globe and Mail

Roku (ROKU) Q2 Revenue Jumps 15%

Key Points Roku delivered GAAP revenue of $1.11 billion for Q2 2025, exceeding GAAP expectations by $39.7 million and rising 15% year over year. GAAP EPS was $0.07 for Q2 2025 and a GAAP loss of $(0.24) per share in Q2 2024. Platform revenue surged 18%, while Platform gross margin fell 2.3 percentage points to 51.0% Management cited a modest impact from a shift toward programmatic ad sales. These 10 stocks could mint the next wave of millionaires › Roku (NASDAQ:ROKU), the connected TV platform powering millions of streaming devices and smart TVs, released its Q2 2025 results on July 31, 2025. The big headlines were a strong revenue beat, with GAAP net revenue of $1.11 billion against estimates of $1.07 billion, and an unexpected swing to positive net income (GAAP). Reported GAAP earnings per share reached $0.07, far ahead of the consensus loss forecast of $(0.15) and a marked turnaround from last year's $(0.24). Platform revenue drove these gains, rising 18% year over year, though platform gross margins slipped. The overall quarter showed substantial execution in Roku's platform-focused strategy, signaling growth even as some metrics came under pressure. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Business Overview and Key Focus Areas Roku runs a digital streaming platform that connects users, advertisers, and content partners through its Roku operating system (OS). Its business has two main parts: the Platform segment, which includes advertising, content distribution, and billing content subscriptions; and the Devices segment, focused on hardware such as streaming sticks, TVs, and smart home products. The company generates most of its revenue and profits from its platform, making further growth here a main strategic priority. Recent efforts have centered on expanding advertising innovation, strengthening its device ecosystem, and growing monetization through platform offerings. The ability to attract advertisers and drive user engagement using tools like its Home Screen and direct user data are key to financial performance. In addition, international expansion, innovation in ad formats, and compliance with regulatory requirements remain important for future growth and risk management. Quarter in Review: Growth, Platform Shifts, and Product Momentum The standout for Q2 2025 was Platform revenue, up 18% to $975 million (GAAP), exceeding internal forecasts. Management cited "strong performance in video advertising and the successful acquisition of Frndly"—a subscription skinny-bundle service that contributed approximately 1.8 percentage points to Platform revenue growth. The advertising business also posted growth faster than the broader U.S. digital and connected TV ad markets. Vertical integration with demand-side platforms—a type of software enabling automated ad buying, also known as programmatic advertising—played a big role, as deeper ties to partners like Amazon and Wurl opened up new demand streams. Platform gross margin, however, dropped to 51%, a decline of 2.3 percentage points year over year. This reflected a shift from traditional direct ad sales to more programmatic and non-guaranteed ad orders. These bring in more flexibility and new customers but tend to offer slightly lower margins. Management expects full-year platform gross margin around 52% for FY2025, mirroring this trend for the rest of the year. In the Devices segment, Devices revenue fell 6% year over year to $136 million. Despite this drop, devices gross profit (GAAP) improved to break-even from a $15.2 million loss in Q2 2024. Devices gross margin recovered to 0%, up from negative 10.6%, mainly due to the timing of TV unit arrivals and product mix. The company maintained its lead as the top TV OS in the U.S. Canada, and Mexico, and cited growth in global reach. Roku also launched new, more energy-efficient streaming sticks and expanded TV distribution in Canada, underscoring ongoing product innovation. Management downplayed the Devices segment as a strategic revenue driver, emphasizing its role in growing streaming households instead. User engagement hit all-time highs, with streaming hours up by 5.2 billion year over year to 35.4 billion. The Roku Channel—a free, ad-supported content app—kept its position as the number two app by engagement in the U.S. and third globally by reach, representing 5.4% of all U.S. streaming TV viewing in June 2025. Recent content investments included exclusive Major League Baseball broadcasts and sports documentaries, supporting differentiated content and deeper platform engagement. On the financial side, Gross profit (GAAP) rose 17% to $498 million, and adjusted EBITDA grew 79% to $78.2 million. Adjusted EBITDA margin (non-GAAP) increased by 2.5 percentage points to 7.0%. Operating expenses edged up by 5% year over year, mostly in sales and marketing, reflecting ongoing investments in growth. The company had $2.3 billion in cash and cash equivalents as of June 30, 2025 and introduced a $400 million stock buyback program, its first ever, authorized through December 31, 2026. Free cash flow (non-GAAP, trailing twelve months) improved 23% year over year to $392 million. Financial Outlook and Look Ahead Looking to the third quarter, management projects GAAP revenue of $1.205 billion (up 13%), gross profit of $520 million, and adjusted EBITDA of $110 million. For the full fiscal year 2025, the company raised its Platform revenue outlook to $4.075 billion (up 16% year over year) and Adjusted EBITDA (non-GAAP) target to $375 million. Platform gross margin is expected to remain steady at approximately 52%. Leadership cautioned that revenue growth may slow slightly in Q4 due to tough comparisons and less political ad spending. Devices revenue is anticipated to be flat or down slightly for the full year, affected by tariffs, though profitability, as measured by Adjusted EBITDA, is forecast to be $375 million, compared to prior guidance of $350 million for FY2024. The company projects no further large accounting adjustments (ASC 606, a revenue recognition rule) for the rest of the year. Roku does not currently pay a dividend. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,036%* — a market-crushing outperformance compared to 181% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 29, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store