Tag: restructuring

Nidec posts unexpected quarterly loss, hit by restructuring costs

 stock analyst  04/23/2024  0 Comments on Nidec posts unexpected quarterly loss, hit by restructuring costs

TOKYO (Reuters) -Japanese electric motor maker Nidec on Tuesday posted an operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's electric vehicle market.

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Earnings call: Laser Photonics outlines growth and restructuring plans

 stock analyst  04/16/2024  0 Comments on Earnings call: Laser Photonics outlines growth and restructuring plans

Laser Photonics (LASE) reported its fourth-quarter and full-year results for 2023, announcing a significant increase in revenue and outlining strategic plans for the upcoming year. The company, which specializes in CleanTech product lines, saw a 673% growth in quarterly revenue to $0.8 million compared to the restated $0.1 million in the previous year.

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