Latest news with #SmartHome
The Verge
11 hours ago
- The Verge
This three-pack of fast Wi-Fi 7 routers is under $200 for the first time
Having a solid set of Wi-Fi routers is essential, whether you're working from home, playing online games , or streaming a movie. I've used this three-pack of TP-Link's Deco BE26 Wi-Fi 7 Mesh Routers for months without any issues, and I'm eager to recommend them, especially since it's currently on sale for $188.89 ($90 off) at Amazon (with an on-page promo code) or $199.99 ($80 off) at Best Buy. TP-Link claims this array of routers can create a network that covers up to 6,600 square feet, with speeds up to 5Gbps, and with support for over 150 devices at once. The speeds you actually get will, of course, depend on the service you pay for, the layout of your home, and lastly, the kind of Wi-Fi chip that's in your devices. While I don't own any Wi-Fi 7 gadgets yet, these routers have worked wonderfully in a three-floor 3,000-square foot condo. I've got a mix of gadgets connected to them, including ones that support Wi-Fi 6 and Wi-Fi 6E, along with smart home accessories. So far, I haven't noticed network congestion issues or dropped connections. Even stress tests, like streaming multiple 4K movies while downloading a larger video game on various gadgets, didn't pose a problem. Similarly, I've never had an issue with a smart thermostat, robot vacuum, speaker, or TV randomly losing its connection. It took me about half an hour to set up the routers using the required TP-Link Deco app. It may take a little longer than that to tinker with router placement — an annoying, but worthwhile process to get the best speeds. In case you're new to mesh Wi-Fi routers, one of the three in this kit must be wired directly to your cable modem, then the others can be installed anywhere there's a power outlet. Sign up for Verge Deals to get deals on products we've tested sent to your inbox weekly. Posts from this author will be added to your daily email digest and your homepage feed. See All by Brandt Ranj Posts from this topic will be added to your daily email digest and your homepage feed. See All Deals Posts from this topic will be added to your daily email digest and your homepage feed. See All Fitness Posts from this topic will be added to your daily email digest and your homepage feed. See All Gadgets Posts from this topic will be added to your daily email digest and your homepage feed. See All Samsung Posts from this topic will be added to your daily email digest and your homepage feed. See All Smart Home Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech Posts from this topic will be added to your daily email digest and your homepage feed. See All Wearable
Globe and Mail
12 hours ago
- Business
- Globe and Mail
SKYX Updates Time of Corporate Update Call to 4:30 PM ET on August 12, 2025
Company to Provide Corporate Updates Including New Developments, Second Quarter 2025 Overview and Financial Results; Conference Call to be Held Tuesday, August 12, 2025, at 4:30 PM Eastern Time Time of Event changed from 10:00 AM EST to 4:30 PM EST MIAMI, Aug. 08, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a "SKYX Technologies"), a highly disruptive advanced and smart home platform technology company for homes and buildings, with more than 100 issued and pending patents globally and a portfolio of over 60 lighting and home décor websites, announces today that it will host a Corporate Update call and present its second quarter 2025 overview and financial results. The conference call will be held on Tuesday, August 12, 2025, at 4:30 p.m. Eastern Time. SKYX Participating Members will include: Rani Kohen, Founder and Executive Chairman Steve Schmidt, SKYX President, (former CEO of Nielsen Data Corporation and former President of Office Depot International) Lenny Sokolow, Co-CEO SKYX Platforms – Q2 2025 Date: Tuesday, August 12, 2025 Time: 4:30 PM Eastern Time U.S./Canada Dial-in: 1-412-317-5180 International Dial-in: 1-844-825-9789 Call me™ link for instant telephone access to the event: Passcode: 1488921 Please dial in at least 10 minutes before the start of the call to ensure timely participation. Webcast link: A playback of the call will be available until September 12, 2025. Replay Dial-In: 1-844-512-2921 or 1-412-317-6671 Replay Pin Number: 10202040 About SKYX Platforms Corp. As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns over 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at or follow us on LinkedIn. Forward-Looking Statements Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "can," "could," "continue," "estimate," "expect," "evaluate," "forecast," "guidance," "intend," "likely," "may," "might," "objective," "ongoing," "outlook," "plan," "potential," "predict," "probable," "project," "seek," "should," "target" "view," "will," or "would," or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company's reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company's efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company's ability to capture market share; the Company's estimates of its potential addressable market and demand for its products and technologies; the Company's ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company's ability to continue as a going concern; the Company's ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company's products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company's current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company's ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company's actual operating results; the potential impact of unstable market and economic conditions on the Company's business, financial condition, and stock price; and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.
Yahoo
3 days ago
- Business
- Yahoo
SmartRent (NYSE:SMRT) Misses Q2 Revenue Estimates, Stock Drops
Smart home company SmartRent (NYSE:SMRT) missed Wall Street's revenue expectations in Q2 CY2025, with sales falling 21% year on year to $38.31 million. Its GAAP loss of $0.06 per share was in line with analysts' consensus estimates. Is now the time to buy SmartRent? Find out in our full research report. SmartRent (SMRT) Q2 CY2025 Highlights: Revenue: $38.31 million vs analyst estimates of $38.86 million (21% year-on-year decline, 1.4% miss) EPS (GAAP): -$0.06 vs analyst estimates of -$0.06 (in line) Adjusted EBITDA: -$7.35 million vs analyst estimates of -$6.16 million (-19.2% margin, 19.3% miss) Operating Margin: -30.5%, down from -14.3% in the same quarter last year Free Cash Flow was -$18.6 million compared to -$14.12 million in the same quarter last year Annual Recurring Revenue: $56.9 million at quarter end, up 11.1% year on year Market Capitalization: $185.5 million "SmartRent's opportunities for profitable growth and sustained market leadership are compelling. We operate in a large, expanding market with a purpose-built, differentiated platform and a growing SaaS footprint. As a hardware-enabled SaaS company with meaningful scale advantages, our foundation is built on domain expertise and close alignment with the needs of our customers - property owners and operators," commented Frank Martell, President and CEO of SmartRent. Company Overview Founded by an employee at a real estate rental company, SmartRent (NYSE:SMRT) provides smart home devices and software for multifamily residential properties, single-family rental homes, and student housing communities. Revenue Growth Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Thankfully, SmartRent's 28.9% annualized revenue growth over the last five years was incredible. Its growth beat the average industrials company and shows its offerings resonate with customers. 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. SmartRent's recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 13.2% over the last two years. SmartRent isn't alone in its struggles as the Internet of Things industry experienced a cyclical downturn, with many similar businesses observing lower sales at this time. SmartRent also reports its annual recurring revenue (ARR), or the revenue it expects to generate from its existing customer base in the next 12 months. SmartRent's ARR reached $56.9 million in the latest quarter and averaged 26.6% year-on-year growth over the last two years. Because this number is better than its normal revenue growth, we can see the company generated more revenue from its existing customers than new customers. Holding everything else constant, this is a positive sign as it should lead to lower sales and marketing expenses. This quarter, SmartRent missed Wall Street's estimates and reported a rather uninspiring 21% year-on-year revenue decline, generating $38.31 million of revenue. Looking ahead, sell-side analysts expect revenue to grow 7% over the next 12 months. Although this projection indicates its newer products and services will fuel better top-line performance, it is still below average for the sector. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Operating Margin Operating margin is one of the best measures of profitability because it tells us how much money a company takes home after procuring and manufacturing its products, marketing and selling those products, and most importantly, keeping them relevant through research and development. SmartRent's high expenses have contributed to an average operating margin of negative 41.6% over the last five years. Unprofitable industrials companies require extra attention because they could get caught swimming naked when the tide goes out. It's hard to trust that the business can endure a full cycle. On the plus side, SmartRent's operating margin rose by 3.8 percentage points over the last five years, as its sales growth gave it operating leverage. Still, it will take much more for the company to reach long-term profitability. In Q2, SmartRent generated a negative 30.5% operating margin. 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. Although SmartRent's full-year earnings are still negative, it reduced its losses and improved its EPS by 53.8% annually over the last five years. The next few quarters will be critical for assessing its long-term profitability. Like with revenue, we analyze EPS over a shorter period to see if we are missing a change in the business. For SmartRent, its two-year annual EPS declines of 2.6% mark a reversal from its (seemingly) healthy five-year trend. We hope SmartRent can return to earnings growth in the future. In Q2, SmartRent reported EPS at negative $0.06, down from negative $0.02 in the same quarter last year. This print missed analysts' estimates. We also like to analyze expected EPS growth based on Wall Street analysts' consensus projections, but there is insufficient data. Key Takeaways from SmartRent's Q2 Results We struggled to find many positives in these results. Its EBITDA missed and its EPS fell short of Wall Street's estimates. Overall, this quarter could have been better. The stock traded down 6.4% to $0.92 immediately after reporting. SmartRent didn't show it's best hand this quarter, but does that create an opportunity to buy the stock right now? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
The Verge
4 days ago
- The Verge
Don't write off Bixby yet.
Posted Aug 5, 2025 at 7:59 AM UTC Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Dominic Preston Posts from this author will be added to your daily email digest and your homepage feed. See All by Dominic Preston Posts from this topic will be added to your daily email digest and your homepage feed. See All Gadgets Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Samsung Posts from this topic will be added to your daily email digest and your homepage feed. See All Smart Home Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech Posts from this topic will be added to your daily email digest and your homepage feed. See All TVs
Yahoo
4 days ago
- Business
- Yahoo
Household Vacuum Cleaners Market to Grow USD 24.79 Billion by 2032, at a CAGR of 8.50%
Household Vacuum Cleaners Market growth is driven by rising demand for smart, IoTenabled vacuums (voice control, apps), fast expansion of cordless/robotic models, high hygiene awareness, and growing online sales in emerging regions. Austin, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Household Vacuum Cleaners Market Size & Growth Insights: According to the SNS Insider Report, 'The Household Vacuum Cleaners Market size was valued at USD 12.91 Billion in 2024 and is projected to reach USD 24.79 Billion by 2032, growing at a CAGR of 8.50% during 2025-2032.' AI-Driven Innovation Reshapes the Household Vacuum Cleaners Market with Smart, Multi-Functional Solutions Smart and multi-functional and automated cleaning solutions are driving innovations in the residential vacuum cleaners market. With advent of technologies such as IoT-powered navigation, real-time blockage detection and FlatReach or step-climbing capabilities, conventional vacuums are becoming more like ultra-advanced home assistants that can help with cleaning effectively. Smart Integration home integration and Increased focus on improvability are fueling this transition. Some of the most expanded cleaning solutions includes Roborock's newly announced A20 Pro, which aims to be a convenient kitchen companion, and SwitchBot's K20+ Pro, a multitasking cleaner with a strong push for hands-free, adaptable cleaning. The expectations of tech-savvy users are leading the manufacturers to respond with AI-driven personalization, modular design, and improved connectivity. The intersection of the two mass-market vacuuming robots is changing the definition of market value and a bloodbath of competition focused largely on innovating and designing for the consumer. Get a Sample Report of Household Vacuum Cleaners Market @ Leading Market Players with their Product Listed in this Report are: Dyson Ltd. BISSELL Inc. iRobot Corporation Samsung Electronics LG Electronics Panasonic Corporation Electrolux AB Miele & Cie KG Haier Group Ecovacs Robotics Inc Household Vacuum Cleaners Market Report Scope: Report Attributes Details Market Size in 2024 USD 12.91 Billion Market Size by 2032 USD 24.79 Billion CAGR CAGR of 8.50% From 2025 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Product (Canister, Central, Drum, Robotic, Upright, Wet & Dry, Others)• By Distribution Channel (Online, Offline)• By Power Sources (Chorded, Cordless) Purchase Single User PDF of Household Vacuum Cleaners Market Report (20% Discount) @ Product Innovation and Consumer Preferences Reshape Household Vacuum Cleaners Market Across Segments By Product In Year 2024, the segment Canister accounted for the largest share of the Household Vacuum Cleaners Market 38% in which the products from Canister such as high suction power, versatile designs, and efficient performance on carpet and hard floors drive the market growth of the Household Vacuum Cleaners Market during the forecast period! With its light weight and ability to be easily accessed under furniture, this is optimal for deep cleaning. The Robotic segment is projected to expand at the fastest rate, registering a CAGR of 14.98%, over the period from 2025 to 2032, owing to the increasing preference for automated, time-saving, and place-saving cleaning products in combination with home automation. By Distribution Channel In 2024, the Online segment led the Household Vacuum Cleaners Market with a 64% share, driven by the convenience of digital shopping, competitive pricing, wide product selection, and access to customer reviews and promotions. From 2025 to 2032, the Offline segment is projected to grow the fastest at a CAGR of 10.07%, as many consumers still prefer in-store experiences to test products firsthand. Instant availability, personal assistance, and after-sales support further enhance confidence in offline purchases, boosting its resurgence in the market. By Power Sources In 2024, the Corded segment held a dominant 65% share of the Household Vacuum Cleaners Market, favored for its continuous power supply, strong suction performance, and cost-effectiveness making it ideal for deep, extended cleaning in larger homes. The Cordless segment is projected to grow the fastest from 2025 to 2032 at a CAGR of 11.56%, driven by consumer demand for portable, flexible, and quick-cleaning solutions. Advances in battery life, suction efficiency, and lightweight design are accelerating the shift toward cordless models. Regional Outlook: North America Leads, Asia-Pacific Emerges as Fastest-Growing Market In 2024, North America led the Household Vacuum Cleaners Market with a 44% revenue share, driven by high appliance penetration, purchasing power, and strong adoption of smart technologies. The U.S. remained the key contributor due to its innovation-driven market. Asia-Pacific is poised for the fastest growth over 2025–2032, with a 10.19% CAGR, fueled by urbanization, rising incomes, and demand for affordable smart appliances. Europe continues to show promise with rising demand for energy-efficient, eco-friendly, and robotic models. Latin America and the Middle East & Africa are witnessing steady growth, supported by improving lifestyles, urban expansion, and increased retail access. Manufacturers in these regions are adapting offerings to meet diverse, cost-conscious consumer preferences. Do you have any specific queries or need any customized research on Household Vacuum Cleaners Market? Submit your inquiry here @ Recent Developments: In Feb 2024, ECOVACS Unveils Three Groundbreaking Cleaning Robots, Including DEEBOT X8 PRO OMNI with OZMO ROLLER Technology USP FOR HOUSEHOLD VACUUM CLEANERS MARKET Energy Consumption Efficiency Data – helps you compare top-performing vacuum cleaner models and brands based on energy-saving capabilities, enabling eco-conscious consumer targeting and sustainable product development. Noise Level Comparison Data – helps you identify which product segments (canister, robotic, handheld) perform better in decibel reduction, crucial for user comfort and regulatory noise compliance in urban homes. Consumer Demographic Insights – helps you tailor product strategies based on regional preferences, income-level trends, and usage patterns across gender and age groups, especially for robotic and cordless vacuums. Dust-Free And Carbon-Light Features – helps you evaluate models offering HEPA filtration, carbon-neutral materials, and low-emission motors, critical for health-conscious and sustainability-focused buyers. Smart Feature Penetration Index – helps you track the adoption of IoT, app-control, and AI-driven navigation in robotic vacuum models, revealing high-growth subsegments and tech-inclined geographies. Post-Purchase Maintenance Trends – helps you understand cost-of-ownership dynamics through data on filter replacement cycles, battery degradation, and consumer service satisfaction scores. Design Efficiency Benchmarks – helps you assess compact, lightweight, and ergonomic innovations, especially relevant in the Asia-Pacific and European urban segments with space constraints. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 | +44- 20 3290 5010 (UK)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
