Latest news with #KNX
Globe and Mail
a day ago
- Business
- Globe and Mail
OpenAudio to Launch KNX-GW in Q4 2025, Enabling KNX Control for Multi-Room Streaming Amplifiers
OpenAudio, a leading innovator in smart home audio solutions, is excited to announce the upcoming release of its KNX-GW gateway in the fourth quarter of 2025. This groundbreaking product will allow users to control their multi-room streaming amplifiers via KNX, a widely recognized and robust home automation protocol. Empowering Smart Homes with KNX Integration The KNX-GW gateway represents a significant leap forward in home automation, offering seamless integration between OpenAudio's multi-room streaming amplifiers and KNX-based smart home systems. This integration will enable users to control their audio systems alongside other smart home devices, creating a cohesive and intuitive user experience. 'With the release of KNX-GW, we are taking a major step towards making our multi-room streaming amplifiers fully compatible with KNX systems,' said, Chief Technology Officer at OpenAudio. 'This integration will provide our customers with unparalleled control and flexibility, making their homes smarter and more connected.' Exclusive Offer for Early Adopters To celebrate this upcoming release, OpenAudio is offering an exclusive promotion. Customers who order the HOLOWHAS Ultra or HOLOWHAS Plus or HOLOWHAS Max multi-room streaming amplifiers now will receive the KNX-GW gateway for free upon its release in Q4 2025. This limited-time offer ensures that early adopters can immediately benefit from the advanced control capabilities of KNX integration. Why Choose OpenAudio? In a market saturated with smart home solutions, OpenAudio stands out by offering a truly integrated experience. Unlike competitors such as JUKE AUDIO, which do not offer KNX support, OpenAudio is dedicated to providing a comprehensive home automation solution. By integrating KNX-GW, users can expect: Unified Control: Manage all your smart home devices, including multi-room streaming amplifiers, through a single KNX interface. Enhanced User Experience: Enjoy seamless control and automation, making your home smarter and more efficient. Future-Proof Technology: KNX is a widely adopted and future-proof protocol, ensuring long-term compatibility and reliability. Limited-Time Offer Details This exclusive promotion is available until September 30, 2025, so don't miss out on this opportunity to upgrade your smart home with the latest technology from OpenAudio. Order your HOLOWHAS Ultra or HOLOWHAS Plus or HOLOWHAS max multi-room streaming amplifiers today to secure your free KNX-GW gateway. Availability and Further Information The KNX-GW gateway will be available in Q4 2025. For more information on the KNX-GW gateway and other OpenAudio products, please visit or contact our sales team at support@ About OpenAudio OpenAudio is a pioneering company in the smart home audio industry, dedicated to delivering innovative and user-friendly solutions. With a focus on integration and interoperability, OpenAudio aims to enhance the smart home experience for users worldwide. Media Contact Company Name: OpenAudio Contact Person: Lidiya Email: Send Email Country: United States Website:
Yahoo
7 days ago
- Business
- Yahoo
Knight-Swift Q2 Earnings Surpass Estimates, Improve Year Over Year
Knight-Swift Transportation Holdings Inc.'s (KNX) second-quarter 2025 adjusted earnings of 35 cents per share beat the Zacks Consensus Estimate by a penny and improved 45.8% year over year. The reported figure came within the guidedrange of 30-38 cents. Total revenues of $1.86 million missed the Zacks Consensus Estimate marginally by 0.4% and improved 0.8% year over year. Revenues, excluding truckload and LTL fuel surcharge, grew 1.9% year over year to $1.67 billion. Total operating expenses (on a reported basis) decreased 0.3% year over year to $1.78 billion. Knight-Swift Transportation Holdings Inc. Price, Consensus and EPS Surprise Knight-Swift Transportation Holdings Inc. price-consensus-eps-surprise-chart | Knight-Swift Transportation Holdings Inc. Quote KNX's Q2 Segmental Results Revenues (excluding fuel surcharge and inter-segment transactions) from Truckload totaled $1.07 billion, down 2.7% year over year. This was due to a 2.8% decrease in loaded miles. Adjusted segmental operating income grew 87.5% year over year to $58.40 million. Adjusted operating ratio (operating expenses as a percentage of revenues) fell 260 basis points (bps) to 94.6%. The Less-Than-Truckload segment generated revenues (excluding fuel surcharges) worth $337.72 million in the second quarter, up 28.4% year over year as shipments per day increased 21.7% year over year, which includes the acquisition of DHE on July 30, 2024. Revenue per hundredweight, excluding fuel surcharge, increased 9.9% year over year, while revenue per shipment, excluding fuel surcharge, increased 7.1% year over year. Adjusted segmental operating income was down 36.8% year over year to $23.35 million. Adjusted operating ratio rose 720 bps to 93.1% year over year. Revenues from Logistics (excluding inter-segment transactions) amounted to $128.29 million, down 2.6% year over year. The downside was owing to an 11.7% decline in load count, largely offset by a 10.6% increase in revenue per load. Adjusted operating income increased 13.3% year over year to $6.71 million. The adjusted operating ratio fell 70 bps to 94.8%. Intermodal revenues (excluding inter-segment transactions) totaled $84.06 million, down 13.8% year over year. The revenue decrease was owing to a 12.4% decrease in load count and a 1.6% decline in revenue per load year over year. Segment operating ratio increased 230 basis points to 104.1%, owing to a 13.8% decline in revenues, partially offset by reductions in cost and improvements in network balance. Revenues within All Other Segments for the second quarter increased 9% year over year to $74.44 million, owing to the KNX's warehousing and leasing businesses. Liquidity Knight-Swift exited the second quarter with cash and cash equivalents of $216.32 million compared with $209.48 million at the prior-quarter end. Long-term debt (excluding current maturities) was $1.39 billion compared with $1.41 billion at the end of the prior quarter. KNX's Guidance KNX expects its third-quarter 2025 adjusted earnings per share guidance to be in the range of 36-42 cents. The Zacks Consensus Estimate of 40 cents lies within the guidance. Truckload segment revenues are expected to be up in the low single-digit percent sequentially, with operating margins slightly improved sequentially. LTL Segment revenues, excluding fuel surcharge, are expected to grow between 20% and 25% year over year in the third quarter. Logistics segment revenues and adjusted operating ratio are expected to be fairly stable sequentially. Intermodal segment operating loss is expected to improve sequentially, driven by cost initiatives and volume leverage. All Other segment operating income, before including the $11.7 million quarterly intangible asset amortization, is expected to lie between $15 million and $20 million in the third quarter, with a fourth quarter sequential step-down similar to prior-year trends. Net interest expense is expected to be fairly stable sequentially in the third quarter. Net cash capital expenditures for 2025 are expected to be in the range of $525 million-$575 million. Effective tax rate (on adjusted income before taxes) is expected to be 27-28% for the third quarter. Currently, KNX carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Q2 Performances of Other Transportation Companies Delta Air Lines (DAL) reported second-quarter 2025 earnings (excluding $1.17 per share from non-recurring items) of $2.10 per share, which beat the Zacks Consensus Estimate of $2.04. Earnings decreased 11% on a year-over-year basis due to high labor costs. Revenues in the June-end quarter were $16.65 billion, beating the Zacks Consensus Estimate of $16.2 billion and decreasing marginally on a year-over-year basis. Adjusted operating revenues (excluding third-party refinery sales) increased 1% year over year to $15.5 billion. J.B. Hunt Transport Services, Inc. (JBHT) reported second-quarter 2025 earnings of $1.31 per share, which missed the Zacks Consensus Estimate of $1.34 and declined 0.8% year over year. Total operating revenues of $2.93 billion missed the Zacks Consensus Estimate of $2.94 billion and were flat year over year. JBHT's second-quarter revenue performance witnessed a 6% increase in Intermodal (JBI) loads, a 13% increase in Truckload (JBT) loads, a 3% increase in Dedicated Contract Services (DCS) productivity and a 6% increase in Integrated Capacity Solutions (ICS) revenue per load. These items were offset by Final Mile Services revenue declining 10%, lower revenue per load in both JBI and JBT, a 9% decrease in ICS load volume and a 3% decline in average trucks in DCS. Total operating revenues, excluding fuel surcharge revenue, increased 1% on a year-over-year basis. United Airlines Holdings, Inc. (UAL) reported mixed second-quarter 2025 results wherein the company's earnings beat the Zacks Consensus Estimate, but revenues missed the same. UAL's second-quarter 2025 adjusted earnings per share of $3.87 surpassed the Zacks Consensus Estimate by a penny but declined 6.5% on a year-over-year basis. The reported figure lies within the guided range of $3.25-$4.25. Operating revenues of $15.2 billion fell short of the Zacks Consensus Estimate of $15.4 billion but increased 1.7% year over year. Passenger revenues (which accounted for 90.8% of the top line) increased 1.1% year over year to $13.8 billion. UAL flights transported 46,186 passengers in the second quarter, up 4.1% year over year. 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 Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report Knight-Swift Transportation Holdings Inc. (KNX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
30-07-2025
- Business
- Yahoo
5 Revealing Analyst Questions From Knight-Swift Transportation's Q2 Earnings Call
Knight-Swift Transportation's second quarter results were driven by a combination of ongoing softness in freight demand and the company's response to volatile trade dynamics. Management attributed the stable revenue performance to a flexible over-the-road network, disciplined cost reductions, and margin improvement, particularly in the Truckload segment. CEO Adam Miller noted that while the anticipated surge in import-driven freight did not materialize, the company's ability to adapt its fleet and contain costs prevented a deeper revenue decline. The growing contribution from the U.S. Xpress brand and a steady expansion of the less-than-truckload (LTL) network also supported the quarter's results. Is now the time to buy KNX? Find out in our full research report (it's free). Knight-Swift Transportation (KNX) Q2 CY2025 Highlights: Revenue: $1.86 billion vs analyst estimates of $1.87 billion (flat year on year, in line) Adjusted EPS: $0.35 vs analyst estimates of $0.33 (5.1% beat) Adjusted EBITDA: $280.3 million vs analyst estimates of $281.1 million (15.1% margin, in line) Adjusted EPS guidance for Q3 CY2025 is $0.39 at the midpoint, above analyst estimates of $0.38 Operating Margin: 3.9%, in line with the same quarter last year Sales Volumes fell 2.9% year on year (38.8% in the same quarter last year) Market Capitalization: $7.03 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Our Top 5 Analyst Questions Knight-Swift Transportation's Q2 Earnings Call Chris Wetherbee (Wells Fargo) asked about supply-demand equilibrium and the impact of inventory overhangs. CEO Adam Miller noted ongoing capacity exit from the market, but said demand remains stable, making forecasting difficult in the near term. Daniel Imbro (Stephens) requested clarity on mid-cycle Truckload margins. Miller emphasized disciplined cost control and flexibility, expecting margins to normalize as demand improves. CFO Andrew Hess highlighted Knight-Swift's enhanced position for large-scale one-way service. Ken Hoexter (Bank of America) asked about LTL share gains and margin normalization. Miller explained that recent expansion and integration efforts have created cost headwinds, but ongoing initiatives aim to optimize the network and restore margins. Richa Harnain (Deutsche Bank) inquired about further cost savings in Truckload. Hess detailed the company's use of lean management, proactive safety practices, and technology to drive additional fixed and variable cost reductions. Ariel Rosa (Citigroup) questioned the impact of brokers and price transparency. Miller said digital tools and third-party data have increased market efficiency, accelerating cycles but not fundamentally altering Knight-Swift's margin potential. Catalysts in Upcoming Quarters Looking to the remainder of the year, the StockStory team will monitor (1) Knight-Swift's progress in realizing LTL margin improvement through technology and network optimization, (2) the pace of incremental cost savings from automation and cross-segment fleet management, and (3) signs of freight volume recovery or tightening capacity, especially in peak season discussions with customers. Execution in these areas will be critical for future earnings growth. Knight-Swift Transportation currently trades at $43.36, down from $45.66 just before the earnings. Is there an opportunity in the stock?The answer lies in our full research report (it's free). Our Favorite Stocks Right Now When Trump unveiled his aggressive tariff plan in April 2024, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
Knight-Swift's belt tightening offsets soft demand
Knight-Swift Transportation said it's focused on cost control as it awaits a material inflection in demand. While management is 'still cautious' it noted that customer conversations are a little more stable now that tariff concerns are easing. The Phoenix-based transportation and logistics provider reported second-quarter adjusted earnings per share of 35 cents, which was in line with management's prior guidance (30 to 38 cents), 2 cents ahead of the consensus estimate and 11 cents higher year over year. Consolidated revenue was 1% higher y/y at $1.86 billion (2% higher excluding fuel surcharges). An adjusted operating ratio (inverse of operating margin) of 93.8% was 80 basis points better y/y. The adjusted EPS result excluded expenses tied to past acquisitions, asset impairments and severance costs. The number included gains on equipment sales of $11.7 million, a $5.7 million y/y increase, or a 3-cent tailwind. A lower tax rate in the period provided a 2-cent tailwind. Tractor utilization improves again, still waiting on demand Knight-Swift's (NYSE: KNX) truckload revenue fell 3% y/y to $1.07 billion as average tractors in service fell 7% but revenue per tractor was up 4%. Loaded miles per tractor improved 4%, largely due to the company's tractor utilization initiatives, with revenue per loaded mile (excluding fuel) coming in flat y/y at $2.74. This was the eighth consecutive quarter of y/y improvement in miles per tractor. Revenue per mile dipped 4 cents from the first quarter but management said the metric has improved modestly in recent weeks. Contractual rate increases again averaged low- to mid-single-digits. The TL segment reported a 94.6% adjusted OR, 260 bps better y/y but only 100 bps improved from the seasonally weak first quarter. Turnaround efforts at U.S. Xpress drove 300 bps of margin improvement at that fleet. Management expects modest sequential improvements in TL revenue and margin in the third quarter. LTL results suffer from front-loaded growth costs, but margins to improve in back half The less-than-truckload unit reported a 28% y/y revenue increase to $338 million, largely due to the acquisition of Dependable Highway Express (DHE) nearly one year ago. Shipments per day were up 22% with revenue per hundredweight, or yield, up 10% y/y (excluding fuel surcharges). The yield metric benefitted from a 3% decline in weight per shipment and a 14% increase in average length of haul. However, contractual rate negotiations produced mid- to high-single-digit increases in the period. The LTL unit reported a 93.1% adjusted OR, which was 720 bps worse y/y. Knight-Swift cited DHE integration costs and startup expenses at new terminals as the headwinds. It opened three new terminals in the quarter and moved another facility. Door count is up 8% year to date (28% higher y/y in the quarter). Management forecast 100 to 200 bps of sequential OR improvement and said a variety of cost initiatives and technology enhancements should allow it to buck the typical sequential trend of margin degradation in the second half of the year. Intermodal losses to narrow Knight-Swift's intermodal segment was unprofitable for a ninth consecutive quarter, reporting a 104.1% OR. Loads were off 12% y/y and revenue per load was down 2%. The company said it walked away from some business that had inferior pricing during the period. The company expects a high-single-digit sequential increase to intermodal load counts in the third quarter given recent award activity. Cost reductions and a move to private chassis are expected to narrow the operating losses at the unit. Knight-Swift guided adjusted EPS of 36 to 42 cents for the third quarter, which bracketed Yahoo Finance's consensus estimate of 38 cents at the time of the print. It didn't provide a fourth-quarter outlook because of uncertainty around U.S. tariff policy. More FreightWaves articles by Todd Maiden: FedEx Freight gives shippers 'more time' to adjust to new LTL class rules New LTL freight class rules take effect on Saturday ArcBest CEO Judy McReynolds to retire The post Knight-Swift's belt tightening offsets soft demand appeared first on FreightWaves. Sign in to access your portfolio
Yahoo
10-06-2025
- Business
- Yahoo
1 Cash-Producing Stock on Our Buy List and 2 to Be Wary Of
While strong cash flow is a key indicator of stability, it doesn't always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning. Cash flow is valuable, but it's not everything - StockStory helps you identify the companies that truly put it to work. Keeping that in mind, here is one cash-producing company that reinvests wisely to drive long-term success and two that may struggle to keep up. Trailing 12-Month Free Cash Flow Margin: 1.9% Founded in the basement of a Boise, Idaho dental office in 1978, Micron (NYSE:MU) is a leading provider of memory chips used in thousands of devices across mobile, data centers, industrial, consumer, and automotive markets. Why Are We Wary of MU? Gross margin of 21.8% is below its competitors, leaving less money to invest in areas like marketing and R&D Subpar operating margin of 4.1% constrains its ability to invest in process improvements or effectively respond to new competitive threats Negative free cash flow raises questions about the return timeline for its investments Micron's stock price of $111.07 implies a valuation ratio of 12.7x forward P/E. Dive into our free research report to see why there are better opportunities than MU. Trailing 12-Month Free Cash Flow Margin: 5.5% Covering 1.6 billion loaded miles in 2023 alone, Knight-Swift Transportation (NYSE:KNX) offers less-than-truckload and full truckload delivery services. Why Do We Avoid KNX? 1.2% annual revenue growth over the last two years was slower than its industrials peers Free cash flow margin shrank by 9.5 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Eroding returns on capital from an already low base indicate that management's recent investments are destroying value At $44.81 per share, Knight-Swift Transportation trades at 22.6x forward P/E. If you're considering KNX for your portfolio, see our FREE research report to learn more. Trailing 12-Month Free Cash Flow Margin: 13.9% Founded in 1999 and receiving its first FDA approval in 2006, DexCom (NASDAQ:DXCM) develops and sells continuous glucose monitoring systems that allow people with diabetes to track their blood sugar levels without repeated finger pricks. Why Are We Backing DXCM? Core business can prosper without any help from acquisitions as its organic revenue growth averaged 19.2% over the past two years Performance over the past five years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 23.2% outpaced its revenue gains Stellar returns on capital showcase management's ability to surface highly profitable business ventures DexCom is trading at $85.31 per share, or 40x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
