Latest news with #SLM
Yahoo
24-04-2025
- Business
- Yahoo
Sallie Mae: Q1 Earnings Snapshot
NEWARK, Del. (AP) — NEWARK, Del. (AP) — SLM Corp. (SLM) on Thursday reported first-quarter earnings of $304.5 million. On a per-share basis, the Newark, Delaware-based company said it had profit of $1.40. The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share. The student loan company posted revenue of $862.1 million in the period. Its adjusted revenue was $375 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $359.7 million. Sallie Mae expects full-year earnings to be $3 to $3.10 per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SLM at Sign in to access your portfolio
Yahoo
08-04-2025
- General
- Yahoo
Wheelchair donation
Apr. 7—MIDLAND — Senior Life Midland (SLM) for 40 plus years has served our most vulnerable, our homebound seniors through an array of services from delivering a hot, nutritious meal, which includes a visit from a caring volunteer, providing handyman services to ensure clients are safe, providing needed additional items such personal hygiene items, additional food, even wheelchairs when available. On April 8, a longtime supporter, American Legion Auxiliary Unit 19, Midland will donate and deliver 28 wheelchairs to Senior Life Midland at 1:30 p.m. During January, SLM's Community Volunteer Program (CVP) hosted an MLK Day project to collect donations to purchase much needed wheelchairs as the need has grown. A wheelchair enables physically limited individuals to increase their independence, whether they are in their homes or when they are being taken to an appointment, a news release said. "Senior Life Midland is one of our favorite and most trusted partners as they work hard to meet needs of seniors in our community and through their agency serve many of our veterans. We work together all throughout the year on important projects, when we saw their urgent call to action for a request for wheelchairs, we wanted to step up to help. We are so proud of our unit and our hard work to be able to do important things like this," Jane Bennett, President of the local American Legion Unit 19, said in the release. Executive Director of Senior Midland, Kathleen Kirwan Haynie, is \thankful for community partners like The American Legion Auxiliary. "We assess the ongoing, evolving local needs of our local seniors, and through grassroots efforts, we are able to help our elderly neighbors no matter what is going on in our economy," she said.
Associated Press
03-04-2025
- Automotive
- Associated Press
Syncron Announces Platform-First Approach to Aftermarket Intelligence for Complex Equipment OEMs
Syncron today announced a significant shift to its go-to-market strategy, moving to a platform-first approach for aftermarket operations that better supports the aftermarket revenue objectives of complex equipment manufacturers. This approach will help manufacturers unlock the value of their siloed data and turn it into aftermarket intelligence that accelerates decision-making and profitability. Long known for delivering best-in-class point solutions for service parts planning, pricing, and service fulfillment, Syncron is combining these capabilities into a unified, AI-powered Service Lifecycle Management (SLM) platform. The Syncron SLM platform addresses the complex needs of Syncron's global customer base, which includes large-scale OEMs in the automotive, industrial, agriculture, and construction and mining industries who depend on highly orchestrated aftermarket operations to maintain customer loyalty and protect revenue. 'With rising economic uncertainty and volatility, manufacturers are looking for more agility to react to market conditions and support revenue growth. We see more and more companies turning to services for growth. The need therefore to move quickly to stay ahead of disruption and take advantage of aftermarket revenue potential is crucial,' said Claire Rychlewski, Chief Revenue Officer, Syncron. 'By taking a cross-functional approach and uniting the siloed data across their business, customers, and industries, manufacturers can unlock powerful insights that raise their aftermarket intelligence and turn their aftermarket operations into a revenue growth engine.' Complex supply chains are particularly sensitive to geopolitical disruptions such as military conflict, tariffs, regulatory changes or more, which can have serious cost implications for sourcing and pricing raw materials and finished goods. The volatility of part and service delivery cost will be felt by customers and dealers first if not addressed quickly enough. To retain control over customer loyalty and experience, OEMs need to mitigate the impact of disruptions by better understanding and adjusting aftermarket supply chains and securing competitive pricing. Syncron's SLM platform delivers visibility and cross-functional intelligence across aftermarket operations. It helps OEMs visualize the complex interactions of service supply chains, pricing, and service factors, and make decisions that support profitable growth. Customers are using Syncron SLM and aftermarket intelligence to gain visibility into their aftermarket revenue potential, safeguard profitability for high warranty items, and balance service parts profitability and availability—all from a single, integrated platform. Aftermarket intelligence enables: Targeted decision-making by geographic region and product portfolio using simulated revenue forecasts based on install base to maximize profitability and growth in contracted and over-the-counter revenue. Price locking when a high number of warranty claims are issued for a specific part, ensuring strong margins and improving availability by keeping the parts and stock. Automatic adjustments to inventory stock levels and pricing to ensure availability of sellable stock or to drive more sales of excess inventory. 'The aftermarket has become a critical driver of customer experience, revenue, and profitability,' said Aly Pinder, Research Vice President, Aftermarket Services Strategies at IDC. 'Manufacturers need solutions that go beyond data aggregation. They need holistic insight across supply chain, pricing, and service that allows for smarter, faster decision-making. A platform-based approach to Service Lifecycle Management like Syncron's gives OEMs a real edge in navigating today's complex service landscape.' Syncron's SLM platform gives OEMs a smarter, faster path to aftermarket excellence. Key benefits include: Increased aftermarket revenue growth. Better recognize and seize growth opportunities; capture more aftermarket service share via servitization business models; and ensure profitability in pricing, inventory, and service decisions. Improved customer outcomes. Deliver the right parts at the right price to enhance customer satisfaction and service speed. Increased dealer loyalty. Enable better information sharing; optimize stocking, pricing, and warranty strategies; and drive improved outcomes for dealers, manufacturers, and end customers. Faster, smarter decisions. Eliminate fragmented data silos and workflows and provide insights in real-time to keep decision-making nimble. AI and ML ready. Data hygiene is a frequent blocker to achieving the potential of AI/ML solutions; Syncron SLM eliminates the need for lengthy data cleanup projects with a solution purpose-built for combining and orchestrating pricing, inventory, and service data sets. With over 35 years of experience and a customer base that includes some of the world's most respected OEMs, Syncron is the only aftermarket-first SLM platform. Its fully integrated platform and architecture means smarter decisions, faster deployments, and greater scalability for the complex equipment manufacturers who are ready to lead in the next era of aftermarket intelligence. About Syncron Syncron helps manufacturers and distributors capitalize on the new service economy by increasing customer loyalty and optimizing aftermarket profitability. Syncron's integrated, scalable, state-of-the-art Service Lifecycle Management (SLM) cloud platform puts data at the heart of aftermarket operations to unlock service synergies, significant revenue opportunities and help companies differentiate themselves with exceptional aftermarket customer experiences. The world's top brands trust Syncron, making it the largest privately-owned global leader in intelligent SLM SaaS solutions. For more, visit SOURCE: Syncron Copyright Business Wire 2025. PUB: 04/03/2025 09:27 AM/DISC: 04/03/2025 09:28 AM
Yahoo
09-03-2025
- Business
- Yahoo
Ukraine signs memorandum with IRIS-T manufacturer, supply will triple
Ukraine has signed a memorandum with Diehl Defence, the German manufacturer of the IRIS-T system, which provides for a threefold increase in the supply of missiles and air defence systems. Source: Ukraine's Defence Minister Rustem Umierov on Facebook Quote: "We have signed a memorandum of understanding with Diehl Defence, the manufacturer of the IRIS-T system, which is a crucial part of Ukraine's air defence shield. Protecting Ukraine's skies and cities is our priority. The signed agreement paves the way for major industrial projects that will enhance the capabilities of our air defence. The memorandum also provides for a threefold increase in the supply of missiles and air defence systems." Background: In early September 2024, German Chancellor Olaf Scholz announced that Germany had ordered a total of 17 IRIS-T air defence systems for Ukraine, including eight medium-range (SLM) and nine short-range (SLS) systems. On 20 December, President Volodymyr Zelenskyy confirmed that Ukraine had received its sixth IRIS-T SLM air defence system from Germany. At the end of December 2024, Germany delivered a large aid package to Ukraine, including IRIS-T and Patriot systems. Support Ukrainska Pravda on Patreon!
Yahoo
26-01-2025
- Business
- Yahoo
SLM Full Year 2024 Earnings: EPS Misses Expectations
Revenue: US$1.44b (down 1.6% from FY 2023). Net income: US$590.0m (up 4.7% from FY 2023). Profit margin: 41% (up from 39% in FY 2023). The increase in margin was driven by lower expenses. EPS: US$2.73 (up from US$2.44 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. Performance of the American Consumer Finance industry. The company's shares are up 3.7% from a week ago. We should say that we've discovered 2 warning signs for SLM (1 is a bit unpleasant!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
