Latest news with #O.C
Irish Post
3 days ago
- Irish Post
Garda hospitalised after ‘vicious assault' by disruptive passenger on flight to Dublin
A GARDA was hospitalised after being assaulted by a disruptive passenger who arrived in Dublin on a flight from the US. On June 3, the captain and crew of a United Airlines flight from Newark reported a disruptive passenger on board. When the plane landed, Gardaí attached to the Dublin Airport Garda Station boarded the aircraft. One garda was 'viciously assaulted' as they attempted to remove the man from the plane, the police force confirmed in a statement. 'The man, aged in his 40's proceeded to viciously assault a member of An Garda Síochána,' Gardaí said. 'O.C spray was deployed in an attempt to stop the sustained assault of a Garda,' they added. The man fled the aircraft but was arrested a short time later. He has since been charged with assault and offences under the Air Navigation and Transport Act. He appeared before Dublin District Court on June 3. The Garda who was injured is being treated at Beaumont Hospital for non-life threatening injuries. See More: Disruptive Passenger, Dublin Airport, Garda
Yahoo
22-05-2025
- Business
- Yahoo
Franklin Wireless Q3 Loss Narrows Y/Y on Higher Sales, Shares Slide
Shares of Franklin Wireless Corp. FKWL have declined 10.4% since reporting results for the third quarter of fiscal 2025. This compares with the S&P 500 index's 0.8% rise over the same time frame. Over the past month, the stock has lost 14.3% against the S&P 500's 10.3% rally, reflecting investor concern over operational results and market trends impacting the company's performance. For the quarter ended March 31, 2025, Franklin Wireless reported a 29.7% revenue increase to $8.01 million from $6.18 million in the prior-year period. However, top-line growth was offset by a wider net loss. The company posted a net loss attributable to shareholders of $644,786, or 5 cents per share, narrower than a loss of $1.18 million, or 10 cents per share, in the prior-year quarter. This improvement in bottom-line results was largely driven by stronger gross profit margins and other income sources, though operating losses widened due to a substantial increase in selling, general and administrative expenses. On a nine-month basis, revenues soared 58.7% to $39.16 million from $24.68 million. Net income turned positive at $99,141 from a loss of $2.2 million a year earlier. Diluted EPS was 1 cent versus negative 19 cents, marking a modest recovery in the earnings performance. Franklin Wireless Corp. price-consensus-eps-surprise-chart | Franklin Wireless Corp. Quote Gross profit nearly tripled in the fiscal third quarter to $1.35 million from $517,000 a year ago, as the gross margin improved to 16.9% from 8.4%. Management attributed this to sales of higher-margin products. For the nine months ended March 31, 2025, gross margin also rose to 17% from 11.6% in the same nine-month period last year. Despite improved gross profits, operating expenses surged 60.2% year over year in the fiscal third quarter, reaching $3.32 million. This increase was largely due to a $1.25-million incentive bonus accrued for president O.C. Kim tied to a joint venture deal, as well as higher shipping and administrative costs. Operating cash flow remained negative at $490,000 for the nine months, although this was a significant improvement from the $7-million outflow a year earlier. The company ended the quarter with $38.1 million in combined cash and short-term investments, which management views as sufficient to fund operations through at least the next 12 months. Franklin Wireless's management acknowledged that shifting consumer demand following the post-pandemic slowdown in remote education and work-from-home setups has pressured demand for mobile device management services. In response, the company is investing in enhanced software capabilities and expanding its higher-margin hardware offerings. The firm also pointed to favorable foreign exchange movements and a $1-million legal settlement receivable from its CEO as contributors to the quarter's positive other income of $1.33 million, reversing a loss of $68,000 in the prior-year quarter. Sales growth in the quarter was concentrated in North America, which accounted for nearly all revenues. Asia contributed a negligible $2,582 in the fiscal third quarter, although it had generated more than $96,000 in the same period last year. The volatility in regional contributions was linked to fluctuations in Wi-Fi router sales from the company's South Korea-based R&D subsidiary, Franklin Technology Inc. Higher general and administrative costs, along with rising R&D investment, weighed on profitability. While R&D spending declined slightly in the fiscal third quarter, year-to-date expenses rose 8.5% due to the timing and scope of ongoing product development projects. In the quarter, Franklin Wireless finalized the formation of a new joint venture, Sigbeat Inc., with its EMS partner, Forge International. Franklin holds a 60% stake and Forge contributed $2 million to the venture. Sigbeat will focus on global sales and marketing of telecommunications modules. This move significantly boosted non-controlling interests on the balance sheet and represents a strategic effort to diversify revenue streams. On May 8, 2025, the company entered an agreement to repurchase 200,000 fully vested stock options from president O.C. Kim for $746,067. This follows the earlier forbearance agreement in which Mr. Kim deferred a $1-million legal settlement payment in exchange for the deferral of a $1.25-million bonus. Overall, while Franklin Wireless delivered solid revenue growth and showed early signs of earnings recovery, investor sentiment remains cautious amid unresolved operational challenges and heightened executive compensation expenses. 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 This article originally published on Zacks Investment Research ( Zacks Investment Research 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
15-05-2025
- Yahoo
Semiautomatic gun, ammo found on Orange County sixth graders, police say
Three sixth grade students in Orange County were detained in connection with the alleged possession of a semi-automatic handgun and ammunition on campus premises, authorities announced. The May 12 incident unfolded at Vista View Middle School in Fountain Valley, according to a news release posted by the police department on social media. Fountain Valley police responded to the school on reports of a student possibly in possession of a gun and detained the three middle schoolers. 'A search of their backpacks led to the discovery of a semi-automatic handgun and ammunition,' officials said. Two of the students were arrested, according to reporting from the O.C. Register, and booked at Orange County Juvenile Hall. The third student was taken to a nearby hospital for suspected mental health issues. Inland Empire teacher arrested for alleged ongoing sexual abuse of a child The preliminary investigation, according to police, does not indicate that the three intended an active shooting incident and there is no ongoing threat to campus safety. In a statement, Patricia Singer, the board president of Ocean View School District, said administrators were told a student may have been in possession of a firearm shortly before the end of the school day and that police were immediately called, The Register reported. The investigation reportedly took place after school hours when students had already left and the involved students are no longer on campus and the district 'is pursuing disciplinary action according to the California Education Code, up to and including expulsion,' Singer added. 'Out of an abundance of caution, FVPD will maintain an increased presence at the school in the coming days to ensure the continued safety of students, staff and families,' officials said. The identities of the three juveniles were not released per state law. It is unclear how the student came into possession of the firearm. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Miami Herald
25-02-2025
- Sport
- Miami Herald
Former SWAC player gets first HBCU coordinator role
TUSKEGEE, Ala. - Tuskegee University is pleased to announce the appointment of O.C. Williams II as the new Defensive Coordinator for the Golden Tiger HBCU football program. Williams brings a wealth of experience and a proven track record of defensive excellence to to joining Tuskegee, Williams served as the Assistant Head Coach, Defensive Line Coach, and Recruiting Coordinator at Fort Valley State University during the 2022 season. Fort Valley State's defensive unit evolved into one of the premier defenses in the SIAC from 2022 to 2024, showing consistent improvement each season in key areas such as pass rush, run defense, and forcing turnovers. Their ability to limit opponents' scoring and dictate the tempo of games was instrumental in shaping the team's identity and keeping them competitive in the conference. Stopping the run became a hallmark of Fort Valley State's defensive identity, with opponents struggling to establish a ground game against their front seven. By 2024, they had developed into one of the best run-stopping units in the SIAC. The continued improvement of Fort Valley State's defense was a major reason for their competitiveness in the SIAC. By 2024, they had solidified their reputation as a physical, disciplined, and aggressive unit that dictated games. Their ability to consistently stop the run, pressure quarterbacks, and create turnovers allowed them to control field position and give their offense more opportunities to score. Before that, he was the Cornerbacks and Special Teams Coach at HBCU Alabama A&M University in 2021. Williams spent four years (2017-2020) at Reinhardt University, where he contributed to four Mid-South Conference titles and an NAIA National Championship runner-up tenure at Reinhardt included roles as Defensive Line Coach, Run Game Coordinator, Recruiting Coordinator, and Defensive Coordinator. Under his leadership, the defense consistently ranked among the nation's best, producing multiple All-Conference players and All-Americans. Williams' coaching career also includes positions at the University of West Florida, University of North Carolina-Pembroke, McPherson College, East Mississippi Community College, and the Canadian Football League's Edmonton Eskimos.A graduate of Alcorn State University, Williams played as a defensive back and long snapper. He also played defensive back at Holmes Community College in Mississippi. Williams is set to begin his role immediately, aiming to elevate the Golden Tigers' defense in the upcoming season. The post Former SWAC player gets first HBCU coordinator role appeared first on HBCU Gameday. Copyright HBCU Gameday 2012-2025
Los Angeles Times
20-02-2025
- Entertainment
- Los Angeles Times
Order up: Orange County Restaurant Week returns with more than 200 options this year
There has never been a better time to try that new restaurant you've been meaning to check out as Orange County Restaurant Week returns March 2 to March 8. Now in its 16th year, the seven-day event gives diners an incentive to visit their favorite neighborhood eatery or explore new options with participating restaurants offering prix fixe lunch menus priced from $15 to $25 and prix fixe dinners ranging from $25 to $45. 'O.C. Restaurant Week is a celebration of connection — an invitation to gather with friends and loved ones, discover new restaurants and create unforgettable memories while supporting the incredible restaurants that make our community so special,' O.C. Restaurant Week founder Pamela Waitt said in a statement. Waitt is also the president of O.C. Restaurant Assn., which serves Orange County restaurant-industry professionals with resources, support and an online job board listing open culinary positions. The association started O.C. Restaurant Week as a way to encourage diners to explore more Orange County restaurants. It is now the largest culinary event in Orange County with more than 200 local restaurants participating this year. According to the association, nearly 200,000 people dine out during O.C. Restaurant Week, and the average enthusiast dines out three times during the weeklong event. The O.C. Restaurant Week website allows users to search menus by price and city. All restaurants are listed alphabetically, but additionally, menus are organized by popular categories like date night menus, wine lovers menus and vegetarian menus under a tab titled 'Celebrate Your Way.' Participating restaurants this year include Mint Desi Kitchen, Darkroom, Fermentation Farm, Lola Gaspar, Paradise Dynasty, Taco Mesita and more. Options range from a casual $20 lunch, like Irvine's Terrace Kitchen's offering that includes an appetizer course with a choice of sesame prawn toast or spring harvest salad, an entree of either spring crab mafaldine or a duck pastrami sandwich with gruyere, blackberry cherry mostarda followed by dessert of coconut and kaffir panna cotta or capriotada bread pudding. Luxury date night menus include the dinner for two offered at O Sea in Orange for $100 with seafood menu options and a bottle of wine. The event begins on March 1 with a Restaurant Week Masters VIP Launch Party at the Marriott Irvine Spectrum. Restaurants will serve samples of their O.C. Restaurant Week menus along side premium cocktails, Paso Robles wines and music with proceeds benefiting California Love Drop, an organization that provides healthcare workers and first responders with meals, beverages, treats and supplies. For tickets to the kick-off event and a complete list of participating restaurants and their menus for the week visit
