Latest news with #UMAC
Yahoo
2 days ago
- Business
- Yahoo
Unusual Machines, Inc. (UMAC) Reports Q2 Loss, Tops Revenue Estimates
Unusual Machines, Inc. (UMAC) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -357.14%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.21, delivering a surprise of -75%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Unusual Machines, Inc., which belongs to the Zacks Technology Services industry, posted revenues of $2.12 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.19%. This compares to year-ago revenues of $1.41 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Unusual Machines, Inc. shares have lost about 37.7% since the beginning of the year versus the S&P 500's gain of 10%. What's Next for Unusual Machines, Inc.? While Unusual Machines, Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Unusual Machines, Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.07 on $2.76 million in revenues for the coming quarter and -$0.36 on $10.38 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Yext (YEXT), has yet to report results for the quarter ended July 2025. This software developer is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of +140%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Yext's revenues are expected to be $111.22 million, up 13.6% from the year-ago quarter. 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 Unusual Machines, Inc. (UMAC) : Free Stock Analysis Report Yext (YEXT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
3 days ago
- Business
- Yahoo
UMAC Gears Up to Report Q2 Earnings: What's in the Offing?
Unusual Machines UMAC is scheduled to release second-quarter 2025 results on Aug. 14, after market close. The company delivered a negative earnings surprise of 75% for the first quarter of 2025. Unusual Machines, Inc. Price and EPS Surprise Unusual Machines, Inc. price-eps-surprise | Unusual Machines, Inc. Quote UMAC's Q2 Expectations The Zacks Consensus Estimate for revenues is set at $2.1 million, implying 50.4% growth from the year-ago quarter's actual. The U.S. commercial drone market is anticipated to grow, seeing a CAGR of 12.5% from 2024 to 2033. We expect this expanding market to boost demand for secure and high-octane unmanned aerial systems across different sectors in the United States, aiding UMAC's top line. The Drones of America Act, introduced in the Senate on June 25, aimed at banning Chinese components, is anticipated to have benefited UMAC in terms of contract growth. An increasing number of government agencies and infrastructure providers adhering to the National Defense Authorization Act and the Blue UAS Framework is likely to have favored domestic manufacturers, supporting UMAC's growth. The consensus estimate for loss is pegged at 7 cents per share, whereas it incurred a loss of 16 cents a year ago. What Our Model Says About UMAC Our proven model does not conclusively predict an earnings beat for Unusual Machines this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. UMAC has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can see the complete list of today's Zacks #1 Rank stocks here. Earnings Snapshot Gartner, Inc. IT reported second-quarter 2025 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. IT's adjusted earnings per share of $3.53 beat the Zacks Consensus Estimate by 4.4% and increased 9.6% from the year-ago quarter. Revenues of $1.7 billion beat the consensus estimate by a slight margin and improved 5.7% year over year. IQVIA Holdings Analytics Inc. IQV posted impressive second-quarter 2025 results. IQV's adjusted earnings were $2.81 per share, beating the Zacks Consensus Estimate by 1.8% and rising 6.4% on a year-over-year basis. Total revenues of $4 billion surpassed the consensus estimate by 1.5% and grew 5.3% from the year-ago quarter. 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 Gartner, Inc. (IT) : Free Stock Analysis Report IQVIA Holdings Inc. (IQV) : Free Stock Analysis Report Unusual Machines, Inc. (UMAC) : Free Stock Analysis 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
14-06-2025
- Business
- Yahoo
Unusual Machines to acquire Rotor Lab in $7M all-stock deal
Unusual Machines (UMAC) signed a definitive agreement,effective June 12, to acquire Rotor Lab, an Australian developer and manufacturer of electric motors and propulsion systems for unmanned aerial systems. The proposed acquisition is substantially an all-stock deal valued at $7M Founded in 2022, Rotor Lab is a trusted provider of high-performance motors for both commercial and defense drone applications. Its product line includes precision-wound electric motors across multiple classes, from sub-400W units for small UAS to high-power motors supporting larger rotary and fixed-wing platforms. Unusual Machines and Rotor Lab have already been working together for nearly a year, co-developing a family of motors including the 2207, 2807, and 3220 sizes. These motors will be among the first to enter production at Unusual Machines' new U.S.-based motor factory in Orlando, Florida, which is expected to begin operations in September 2025. The closing of the acquisition is contingent on satisfaction of customary closing conditions by the parties including the negotiation of an employment agreement with current Rotor Lab CEO Andrew Simpson, and required regulatory approvals. The existing Rotor Lab facility in Canberra will continue operations and serve as Unusual Machines' engineering center for motor design, prototyping, and low-to-medium volume production. These capabilities will complement the company's expanding U.S. manufacturing footprint and act as a second source for supply chain resiliency. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on UMAC: Disclaimer & DisclosureReport an Issue Unusual Machines terminates definitive agreement to acquire Aloft Unusual Machines terminates agreement to acquire Aloft Unusual Machines Inc. Signs New Facility Lease Unusual Machines Inc. Expands with New Orlando Facility Unusual Machines signs lease for 17,000 sq ft Orlando drone motor factory 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
14-06-2025
- Business
- Yahoo
Unusual Machines terminates agreement to acquire Aloft
Unusual Machines (UMAC) announced that it has notified Aloft that the previously announced acquisition has been terminated, effective June 9, in accordance with the termination provisions of the definitive agreement, as amended. The decision was made after careful consideration and reflects recognition that the transaction, as structured, no longer aligns with the strategic priorities of either organization. No termination fees will be incurred, and both companies remain open to exploring future collaborations. Unusual Machines' business outlook remains unchanged, with no anticipated impact to operations, cash position, or strategic initiatives because of the canceled transaction. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on UMAC: Disclaimer & DisclosureReport an Issue Unusual Machines Inc. Signs New Facility Lease Unusual Machines Inc. Expands with New Orlando Facility Unusual Machines signs lease for 17,000 sq ft Orlando drone motor factory Largest borrow rate increases among liquid names Unusual Machines to Present at 2025 Virtual Tech Conference Sign in to access your portfolio
Yahoo
05-06-2025
- Automotive
- Yahoo
Unusual Machines Leases a 17,000-Square-Foot Drone Motor Plant Near Orlando
A 17,000-square-foot drone motor production facility in Orlando, Florida, has been leased by Unusual Machines, Inc. (NYSE:UMAC), with production scheduled to start in September 2025. Palmer Luckey of Anduril High-performance brushless motors in sizes 2207, 2807, and 3220 will be produced at the plant for use in commercial drones and FPVs. It is anticipated that the plant would grow to accommodate more than 50,000 motors per month, increasing Unusual Machines, Inc. (NYSE:UMAC) domestic capacity. Unusual Machines, Inc. (NYSE:UMAC)' goal to onshore drone component manufacture in response to growing demand and regulatory changes is reflected in the new Orlando location. The facility facilitates quick feedback loops and end-user alignment because it is close to Rotor Riot's headquarters and technical team. Digital traceability, automated quality control, and lean processes were all discussed by Vice President of Manufacturing Brad Mello. According to CEO Allan Evans, the business is operating concurrently and has already placed orders for equipment. For magnets, bearings, and stators, a dual-sourcing strategy will lower supply chain risks. By 2032, it is expected that the $17.5 billion global drone accessories industry will have grown to $115 billion. While we acknowledge the potential of UMAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
