Latest news with #JamesRay
Yahoo
30-05-2025
- Business
- Yahoo
BLUETTI and Footprint Project Forge Partnership to Bring Essential Clean Power Lifelines to Storm-Hit Communities
LAS VEGAS, May 30, 2025 /PRNewswire/ -- BLUETTI, a global leader in clean energy solutions, today announced a strategic partnership with the non-profit organization Footprint Project to tackle the upcoming hurricane and storm season head-on. Driven by its ESG commitment, BLUETTI is donating $50,024 worth of clean energy products—including the EP500 Pro, Elite 200 V2, AC200L, AC180P and 350W solar panels—to provide timely power support for disaster-affected communities. Recognizing the annual threat of grid-disrupting hurricanes like 2024's Helene, this partnership leverages Footprint Project's expertise in delivering clean energy since 2018 to swiftly deploy BLUETTI's tailored solutions to vulnerable areas like the U.S. Gulf Coast, directly aiding emergency response and recovery. Powering the Frontline Relief Drawing on over 25 disaster missions, Footprint Project understands that effective frontline relief requires agile power. The Elite 200 V2 Solar Generator offers this with its portable yet versatile design. Its durable automotive-grade LiFePO₄ battery ensures up to 17 years of safe and reliable energy. Featuring nine versatile outlets and a robust 3900W surge capacity, it can simultaneously power vital communication devices, rechargeable tools like drills and saws for debris clearing or emergency repairs, and critical small medical equipment such as CPAP machines and oxygen concentrators. Complementing this, highly acclaimed units like the AC200L and AC180P Solar Generator also provide essential power for items such as small fans to improve comfort and lighting to support nighttime rescue efforts. All these units can be rapidly recharged using the 350W Solar Panel, which features a user-friendly design for quick, simple deployment in any sunny location, providing a rapid and reliable energy refill for all units on the frontline. Powering the Crisis Hub As hurricanes strike and linger, the Footprint Project swiftly establishes vital "resource hubs"—islands of safety and power until the grid revives. Central to this will be the EP500 Pro Home Battery Backup, its 5120Wh capacity fueling days of essential operations. Its robust 3000W and 15 outlets power everything from continuous safety lighting and critical cold storage for life-saving medicines like insulin and vaccines, to vital communication and reconnaissance drones, all easily deployed on smooth-rolling wheels to wherever power is needed most, transforming vulnerability into a secure, functioning community powered by clean energy. Powering Hope and Resilience "Storms remind us of our shared need for power, a core value at BLUETTI," said James Ray, Brand Representative at BLUETTI. "Our partnership with Footprint Project in delivering clean energy aid is a natural fit, and we hope our power solutions offer real comfort – which is the very essence of our home battery backup." Echoing this sentiment, Jamie Swezey, Program Director for Footprint Project, said, "We're thrilled to collaborate with BLUETTI in delivering sustainable response technology to communities impacted by disasters. Thanks to their equipment commitment, we can expand our outreach and more effectively support communities facing climate emergencies."This partnership highlights the shared mission of BLUETTI and Footprint Project to deliver reliable clean energy precisely where it's needed most—proactively before, urgently during, and sustainably after disasters. By supporting communities on the front lines of climate emergencies, both organizations not only strengthen disaster response but also play a crucial role in ensuring families are better equipped for the challenges ahead, while advocating for greater hurricane preparedness across vulnerable regions. About BLUETTI As a technology pioneer in clean energy, BLUETTI is committed to delivering reliable, sustainable power where it's needed most—especially during extreme weather and emergencies. Through social impact initiatives such as the LAAF (Lighting An African Family) program, BLUETTI brings clean energy solutions to underserved communities. Rooted in ESG principles, BLUETTI continues to lead with innovation and practical solutions, earning trust across more than 110 countries and regions. About Footprint Project Footprint Project provides renewable energy equipment and training to communities affected by climate disasters and humanitarian crises. Footprint Project develops and deploys mobile solar microgrid networks in climate-vulnerable regions to support critical services during power outage events and trains local responders on effective use. As a 501(c)(3) nonprofit service organization, their mission is to help build back greener after climate disasters by providing cleaner energy infrastructure to communities in crisis. Media Contact Ellen LeePR Specialistellenlee@ View original content to download multimedia: SOURCE BLUETTI POWER INC.
Yahoo
07-05-2025
- Automotive
- Yahoo
Commercial Vehicle Group (NASDAQ:CVGI) Beats Q1 Sales Targets, Stock Soars
Reviewing a company's long-term sales performance reveals insights into its quality. Any business can have short-term success, but a top-tier one grows for years. Over the last five years, Commercial Vehicle Group's demand was weak and its revenue declined by 2.8% per year. This wasn't a great result and is a sign of poor business quality. Formed from a partnership between two distinct companies, CVG (NASDAQ:CVGI) offers various components used in vehicles and systems used in warehouses. James Ray, President and Chief Executive Officer, said, 'Our first quarter results demonstrate sequential improvement in margins and free cash flow. Cash generation and debt paydown remain key priorities for CVG, as we look to build on our strong free cash performance in the first quarter through further margin improvement, working capital reduction, and reduced capital expenditures. We are beginning to see the benefits of efforts made in 2024, including strategic divestments of non-core businesses, to transform CVG. These divestitures, as well as our priority on improving operational efficiency, have allowed us to streamline operations, lower our cost structure, and drive cash generation to pay down debt. Despite industry-wide and global macroeconomic headwinds, we are prioritizing strong execution from the top down within CVG focused on cost mitigation, margin improvement, and operational efficiency.' Free Cash Flow was $11.21 million, up from -$7.42 million in the same quarter last year Operating Margin: 0.8%, down from 3.5% in the same quarter last year EBITDA guidance for the full year is $24.5 million at the midpoint, below analyst estimates of $25.2 million The company dropped its revenue guidance for the full year to $675 million at the midpoint from $690 million, a 2.2% decrease Is now the time to buy Commercial Vehicle Group? Find out in our full research report . Vehicle systems manufacturer Commercial Vehicle Group (NASDAQ:CVGI) announced better-than-expected revenue in Q1 CY2025, but sales fell by 26.8% year on year to $169.8 million. The company expects the full year's revenue to be around $675 million, close to analysts' estimates. Its non-GAAP loss of $0.08 per share was 44.8% above analysts' consensus estimates. Story Continues Commercial Vehicle Group Quarterly Revenue We at StockStory place the most emphasis on long-term growth, but within industrials, a half-decade historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Commercial Vehicle Group's recent performance shows its demand remained suppressed as its revenue has declined by 14.3% annually over the last two years. Commercial Vehicle Group Year-On-Year Revenue Growth This quarter, Commercial Vehicle Group's revenue fell by 26.8% year on year to $169.8 million but beat Wall Street's estimates by 3.8%. Looking ahead, sell-side analysts expect revenue to decline by 6.7% over the next 12 months. While this projection is better than its two-year trend, it's tough to feel optimistic about a company facing demand difficulties. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating Margin Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals. Commercial Vehicle Group was profitable over the last five years but held back by its large cost base. Its average operating margin of 2.9% was weak for an industrials business. This result isn't too surprising given its low gross margin as a starting point. Analyzing the trend in its profitability, Commercial Vehicle Group's operating margin decreased by 1.7 percentage points over the last five years. Commercial Vehicle Group's performance was poor no matter how you look at it - it shows that costs were rising and it couldn't pass them onto its customers. Commercial Vehicle Group Trailing 12-Month Operating Margin (GAAP) This quarter, Commercial Vehicle Group's breakeven margin was down 2.7 percentage points year on year. Since Commercial Vehicle Group's operating margin decreased more than its gross margin, we can assume it was less efficient because expenses such as marketing, R&D, and administrative overhead increased. Earnings Per Share Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Sadly for Commercial Vehicle Group, its EPS declined by 18.8% annually over the last five years, more than its revenue. This tells us the company struggled because its fixed cost base made it difficult to adjust to shrinking demand. Commercial Vehicle Group Trailing 12-Month EPS (Non-GAAP) Diving into the nuances of Commercial Vehicle Group's earnings can give us a better understanding of its performance. As we mentioned earlier, Commercial Vehicle Group's operating margin declined by 1.7 percentage points over the last five years. Its share count also grew by 9.4%, meaning the company not only became less efficient with its operating expenses but also diluted its shareholders. Commercial Vehicle Group Diluted Shares Outstanding Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For Commercial Vehicle Group, its two-year annual EPS declines of 51.7% show it's continued to underperform. These results were bad no matter how you slice the data. In Q1, Commercial Vehicle Group reported EPS at negative $0.08, down from $0.13 in the same quarter last year. Despite falling year on year, this print easily cleared analysts' estimates. Over the next 12 months, Wall Street is optimistic. Analysts forecast Commercial Vehicle Group's full-year EPS of negative $0.18 will reach break even. Key Takeaways from Commercial Vehicle Group's Q1 Results We were impressed by how significantly Commercial Vehicle Group blew past analysts' EPS and EBITDA expectations this quarter. We were also excited its revenue outperformed. On the other hand, it lowered its full-year revenue and EBITDA guidance. Overall, we think this was a mixed quarter. The stock traded up 7.1% to $0.95 immediately after reporting. Commercial Vehicle Group put up rock-solid earnings, but one quarter doesn't necessarily make the stock a buy. Let's see if this is a good investment. When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free.
Yahoo
15-04-2025
- Automotive
- Yahoo
BLUETTI Celebrates Earth Day 2025 with Clean Energy Solutions for a Greener Australia
SYDNEY, April 15, 2025 /PRNewswire/ -- To mark Earth Day 2025, BLUETTI proudly joins the global call for renewable energy under this year's theme, "Our Power, Our Planet." The clean energy pioneer is taking the opportunity to reaffirm its commitment to a greener future by highlighting community efforts and innovative energy solutions that make clean power more accessible to all. "Earth Day is a reminder that our choices shape the future," said James Ray, Country Manager of BLUETTI Australia. "We aim to empower every household, traveler, and event organizer to take control of their energy in a sustainable way." A Greener Alternative to Traditional GeneratorsFor Australians bracing for outages during bushfire or cyclone seasons, BLUETTI's power stations represent a cleaner, quieter replacement for fuel generators. Models like the AC500+B300K setup offer powerful home backup power without harmful emissions, noise, or the need for constant refueling. Turning Sunshine into Reliable PowerAustralia is rich in solar energy and BLUETTI's portable solar generators help make the most of it anywhere. The AC180 with some folding solar panels creates an efficient off-grid power system that captures sunlight to power beach camping and road trips. Moreover, when there is no sunshine, users can install the Charger 1 alternator charger for a quick top-up from their vehicles. Empowering Communities Through Clean PowerBLUETTI has recently partnered with Leave No Trace to promote responsible energy use in outdoor activities. This advocacy was on display at the City Beats Sunset Session music event in Auckland, where BLUETTI portable power stations powered an entire DJ booth and all the music equipment—no smoke, no noise, just pure, uninterrupted beats. Through social media campaigns like #GreenPowerWithBLUETTI, the brand invites users to share their green journeys for a chance to win portable power station and solar panels. About BLUETTIAs a technology pioneer in clean energy, BLUETTI is committed to a sustainable future by providing affordable green energy storage solutions for both indoor and outdoor use. Through initiatives like the LAAF (Lighting An African Family) program, BLUETTI is dedicated to bringing power to 1 million African families in off-grid areas. With a strong focus on innovation and customer needs, BLUETTI has established itself as a trusted industry leader in over 110 countries and regions. View original content to download multimedia: SOURCE BLUETTI ENERGY PTY LTD Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
BLUETTI Partners with Leave No Trace to Power Sustainable Outdoor Adventures
Driven by robust ESG values, BLUETTI teamed up with Leave No Trace to drive responsible outdoor recreation through engaging training, educational programs with innovative clean energy solutions. LAS VEGAS, April 2, 2025 /PRNewswire/ -- In the wake of escalating global climate change and extreme weather events, BLUETTI, a leading innovator in clean energy solutions, is proud to announce a partnership with Leave No Trace, a non-profit organization dedicated to fostering responsible outdoor practices. This collaboration marks a pivotal step in the shared ESG commitment, as it integrates clean solar-powered solutions into outdoor adventures for more sustainable outdoor recreation and lifestyle. "More than ever, our mission is crucial: to support responsible nature exploration through clean energy solutions that minimize our environmental footprint," stated James Ray, spokesperson for BLUETTI. "Our alliance with Leave No Trace is born from a deep resonance with their core principles of sustainability. Through BLUETTI's solar solutions, we're taking tangible steps to care for our planet, working alongside Leave No Trace to minimize campfire impacts, respect wildlife, and more." "At Leave No Trace, our mission is to educate and inspire communities to protect the outdoors. As our teams travel from place to place sharing these vital practices, staying powered up is essential." says Leave No Trace Executive Director, Dana Watts. "Partnering with BLUETTI ensures that we can continue delivering impactful education while minimizing our footprint, no matter where our journey takes us. We're proud to partner with a company that shares our commitment to responsible and sustainable outdoor practices." Powering Leave No Trace Traveling Teams with Clean Energy Since 1999, Leave No Trace's Training and Educational Team has transformed trails, campsites, and public lands into interactive outdoor classrooms, engaging thousands of hikers, campers, and environmental advocates across the U.S. This year, the team continues its mission to educate and inspire outdoor enthusiasts. To enhance their fieldwork, traveling educators are utilizing the BLUETTI Elite 200 V2 solar generator as a vivid example of responsible energy use in nature. Operating at a whisper-quite 16dB, the Elite 200 V2 significantly reduces noise pollution compared to traditional generators that emit around 60dB. This low-noise solar generator ensures minimal disturbance to wildlife and fellow adventurers, making it ideal for camping and other outdoor activities. Additionally, the solar generator provides a clean, , smoke-free alternative to gas generators, allowing team members to power coffee makers and cooking equipment while reducing wildfire risks in the upcoming wildfire season. To further reduce carbon footprint, team members will install Charger 1 Alternator Charger to capture excess power from their car's alternator for fast recharging. Along with the 200W Portable Solar Panel, they can recharge their power stations using the sunlight, ensuring smooth travels across the United States. Making Clean Energy the New Trail Marker Charge clean, leave no trace. As outdoor life increasingly relies on energy solutions, these two green pioneers are on a shared journey, redefining sustainable energy use for nature exploration. BLUETTI is furthering sustainable energy practices outdoors while expanding the reach of Leave No Trace principles, jointly exploring effective energy practices to preserve the purity of natural landscapes and a healthier planet. About BLUETTI From product design to corporate social responsibility, BLUETTI is a committed advocate for sustainability embodying ESG initiatives. Through projects like LAAF (Light An African Family), BLUETTI is helping communities in Africa access affordable, sustainable energy, empowering families who need it most. This blend of craftsmanship, reliability, and a focus on real-world needs is what makes BLUETTI trusted in over 110 countries and regions. For more information, visit BLUETTI at or follow BLUETTI Facebook / BLUETTI X. About Leave No Trace Leave No Trace is a 501(c)(3) non-profit organization providing Leave No Trace programs, education, training and outreach in all 50 states and more than 100 countries around the globe. Utilizing the power of science, education for all and stewardship to support and protect nature, Leave No Trace is on a mission to ensure a sustainable future for the outdoors. Learn more at: Media Contact Ellen LeeBLUETTI PR Teamellelee@ View original content to download multimedia: SOURCE BLUETTI POWER INC
