News

Synology Unveils Two New Storage Server Systems

Storage technology vendor Synology is continuing its push into high-end server storage with the launch of two new RackStation solutions, RackStation RS2421+ and RS2421RP+. Both storage systems are built to excel at large-scale general storage applications, including as backup, file, or private cloud server.... read more

Implenia switches the lights off on premises and moves to the cloud with Azure Migration Program

Implenia, a leading multinational integrated construction and real estate company, was all in for cloud and migrated their entire estate with the Azure Migration Program and their partner, ItnetX. By upgrading their Windows Server landscape to the most recent builds, they can make better use of Azure platform capabilities. Learn more: https://azure.microsoft.com/en-us/migration/ #Microsoft #MSCloud Duration: […]... read more

Java with Otava: Ransomware & Risk Mitigation with Veeam

Predictions state that in 2021 ransomware attacks will happen to businesses every 11 seconds. Join our webinar to learn how organizations can mitigate and protect themselves against ransomware and other malware attacks. We’ll break it down by covering what ransomware is, the common-yet-surprising sources of ransomware, and risk mitigation recommendations from a technical perspective. Duration: […]... read more

Quidel Reports First Quarter 2021 Financial Results

posted on May 06, 2021
tags: business wire

SAN DIEGO–(BUSINESS WIRE)–Quidel Corporation (NASDAQ: QDEL), a provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, announced today financial results for the first quarter ended March 31, 2021.

First Quarter 2021 Highlights

  • Total revenue increased 115% to $375.3 million, from $174.7 million in the first quarter of 2020.
  • Total sales of COVID-19 products were $280.3 million, as compared to $1.0 million in the first quarter of 2020.
  • Total sales of Influenza products were $5.2 million, as compared to $79.6 million in the first quarter of 2020.
  • Cardiometabolic Immunoassay sales increased 23% to $66.6 million.
  • Reported GAAP EPS of $4.09 per diluted share in the first quarter of 2021, as compared to $0.93 per diluted share in the first quarter of 2020.
  • Reported non-GAAP EPS of $4.38 per diluted share in the first quarter of 2021, as compared to $1.22 per diluted share in the first quarter of 2020.
  • Received EUA from... read more

Achronix to Participate in Oppenheimer Emerging Growth Conference on May 12, 2021

posted on May 06, 2021
tags: business wire

SANTA CLARA, Calif.–(BUSINESS WIRE)–Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, today announced that President and CEO, Robert Blake, and CFO, Mark Voll, will participate in the Oppenheimer 6th Annual Emerging Growth Conference on Wednesday, May 12, 2021, which will be held as a virtual event. Management will be available to meet with investors and analysts throughout the day.

Interested parties who would like to schedule a meeting with Achronix should contact their Oppenheimer representative.

In January 2021, Achronix announced its entry into a definitive business combination agreement with ACE Convergence Acquisition Corp. (Nasdaq: ACEV). Upon the closing of the business combination, which is expected in the second quarter of 2021, the combined company will be named Achronix Semiconductor Corporation and will continue to be listed on the Nasdaq under the new ticker symbol, “ACHX.”

About ... read more

Globalstar Announces First Quarter 2021 Results

posted on May 06, 2021
tags: business wire

COVINGTON, La.–(BUSINESS WIRE)–Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2021.

Dave Kagan, Chief Executive Officer of Globalstar, commented, “We are pleased to see recent signs of recovery in our Commercial IoT sales channel with both service and equipment revenue higher than pre-pandemic levels in the first quarter of 2020. We expected to return to pre-COVID sales levels by the second half of this year and that expectation proved to be conservative. Our sales pipeline remains robust and diverse and we’re excited to see this recent momentum. Over the last several months we have made numerous strategic decisions to align our overall business model with our expectations for growth in the Commercial IoT space, from organizational changes to network infrastructure upgrades and product development efforts, and we believe these refinements have positioned us for success.

O... read more

Motorola Solutions Reports First-Quarter 2021 Financial Results

posted on May 06, 2021
tags: business wire

Company raises full-year revenue and EPS guidance following strong Q1 results

  • Sales of $1.8 billion, up 7% versus a year ago
  • Software and Services segment sales grew 15% and expanded operating margins
  • GAAP earnings per share (EPS) of $1.41
  • Non-GAAP EPS* of $1.87, up 26% versus a year ago
  • Backlog of $11.3 billion, up 8% versus a year ago
  • Generated $370 million of operating cash flow, up 20% versus a year ago
  • Announced $2 billion increase to share repurchase program

CHICAGO–(BUSINESS WIRE)–Motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the first quarter of 2021. Click here for a printable news release and financial tables.

Q1 was an outstanding quarter, with record first-quarter revenue, operating earnings, cash flow and ending backlog,” said Greg Brown, chairman and CEO of Motorola Solutions. “I’m very pleased with our double digit growth in video security, command center software and LMR services. Thi... read more

Iron Mountain Announces 20 New Sustainability Focused Goals as Part of Their Commitment to Secure A Sustainable Future

posted on May 06, 2021
tags: business wire

The release of the company’s eighth annual Corporate Responsibility (CR) Report includes ambitious new goals focused on making a positive impact

BOSTON–(BUSINESS WIRE)–Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services, today announced bold, forward-looking corporate responsibility (CR) goals under the long-term strategy of Securing a Sustainable Future as part of its eighth annual CR Report. Securing a Sustainable Future is guided by four defining pillars, Safeguarding Customer Trust, Empowering our People, Protecting our Planet and Strengthening our Communities, through which the company creates innovative solutions in socially responsible ways.

“We’re navigating challenging and uncertain times around the world, and it’s never been more essential for Iron Mountain to live our values and purpose whilst we do our part to create positive change in the world,” said William Meaney, President & CEO, Iron Mountain. “I’m ... read more

Crystal Group Introduces Next-Gen PCIe Gen4 GPU-ready Servers

Crystal Group has announced a new series of next-gen Crystal Group FORCE (FG2) PCIe Gen4-enabled rugged servers. The FG2 servers are designed for optimal performance in highly unpredictable and remote environments.... read more

Itential Unveils SaaS-based Cloud-Native Network Automation Platform

Itential has announced the general availability of its cloud-native network automation solution, the Itential Automation Platform. Designed to help reduce the operational burden for enterprises and accelerate network automation initiatives, the Itential Automation Platform is a fully managed network services offering.... read more