jilibay vip app
Ian Schieffelin came within two assists of a triple-double and Clemson handed Penn State its first loss with a 75-67 decision for the championship of the Sunshine Slam tournament Tuesday in Daytona Beach, Fla. Schieffelin finished with 18 points, 13 rebounds and eight assists for the Tigers (6-1), leading four players in double figures. Chase Hunter added 17 points, while Chauncey Wiggins scored 14 and reserve Del Jones chipped in 10 points. Clemson sank 9 of 19 3-pointers, converted 16 of 20 free throws and was able to limit the impact of the Nittany Lions' full-court pressure. The Tigers committed just 13 turnovers, helping them hold Penn State (6-1) to less than 85 points for the first time this year. Ace Baldwin starred in defeat with game highs of 20 points and 11 assists, while center Yanic Konan Niederhauser added 14 points. Nick Kern came off the bench to score 11 but Penn State was outscored 15-2 on the fast break and made just 4 of 18 attempts from 3-point range. Schieffelin came up big down the stretch, assisting on a 3-pointer by Jaeden Zackery with 6:04 left that made it 65-61. Then he made two foul shots and tossed in a jump hook from the lane to up the margin to 71-66 with 1:03 left. The big storyline going into this game was which team would be able to control the pace. Penn State came in averaging 96 ppg, while Clemson demonstrated its ability to enforce a slower tempo in March, advancing to a regional final in the NCAA Tournament. In the first 10 minutes of the game, the Tigers made the Nittany Lions play at a crawl, opening up a 17-10 advantage when Schieffelin converted a short hook in the lane. But Penn State answered with an 18-4 run over nearly six minutes, establishing a 28-21 lead when Kern shook free for a layup. Clemson rallied with nine straight points but the Nittany Lions had the last say as Baldwin converted a layup with 24 seconds left, cutting the Tigers' edge to 38-36 at halftime. --Field Level Media
No. 4 South Carolina women rout Purdue 99-51As the Philippine Daily Inquirer celebrates its 39th anniversary, the Photo Section presents the 39 best shots of the year. The selected pictures show the depth of PDI’s coverage—from politics to calamities, hard news and even everyday moments capturing a slice of Filipino life. Through the lenses of Inquirer’s talented photojournalists, we continue to serve as a witness to history, as the eyes of our readers. Behind every image is a photographer who braved different challenges to capture seconds of action, color or stillness that are worth saving. Wherever and whenever these significant events unfold, the Inquirer Photo team will be there to help tell their stories in the right, honest, engaging frame. . . TO A MAN CARRYING A CROSS The Jan. 9 Feast of the Black Nazarene is held just about two weeks after Christmas, fast-forward to the passion and sacrifice of Jesus Christ. This image of the sea of devotees won the Silver Award for Best News Photography in the 2024 WAN-Ifra Asian Media Awards. —RICHARD A. REYES FROM A BOY HOLDING THE GLOBE . . . The Catholic faithful parade the revered image of the Sto. Niño, or Child Jesus, while carrying their own versions, in the streets of Iloilo City on Jan. 26. This photo won as best news photograph in this year’s Catholic Mass Media Awards. —IAN PAUL CORDERO /INQUIRER VISAYAS TOP THIS! Instead of mobile phone games, a traditional toy demands the concentration of these children in San Andres, Manila, during this hot morning on April 20. —RICHARD A. REYES YOU NEVER WALK ALONE A mother and her young son make their way into a conference on autism held Jan. 26 at SM North Edsa, Quezon City. —LYN RILLON BREEZY BUNTINGS A surplus of “abanico” fans makes for a cool fiesta on A. Rivera Street, Tayuman, Manila, on May 9. —MARIANNE BERMUDEZ CULTURAL HARVEST The Halamanan ng Guiguinto Street Dancers peform at the Feb. 3 Pasinaya Festival of the Cultural Center of the Philippines in Pasay City in celebration of National Arts Month. —RICHARD A. REYES WELCOME TO THE FAITH Around 90 babies are baptized at the Sto. Niño de Pandacan Parish Church in Manila on Jan. 14. —RICHARD A. REYES 4 MONTHS TO CHRISTMAS It’s just Aug. 31 when this was taken at a stall on Kanlaon Street, Sta. Teresita, Quezon City. But as they say, it’s never too early for the Pinoy. —NIÑO JESUS ORBETA IMMERSIVE MUSEUM A child seems to walk among the stars at the Space and Time Cube, an attraction in Pasay City photographed on June 6. —MARIANNE BERMUDEZ STAR OF THE SEASON Already on display on Oct. 9, traditional “parol,” or Christmas lanterns, are sold at P70 each at this Central Market stall in Sta. Cruz, Manila. —NIÑO JESUS ORBETA MANGROVE TOUR A coastal forest in Prieto Diaz, Sorsogon province, offers tourists a different boating experience. One group gives it a try on Feb. 8. —MARK ALVIC ESPLANA THE GLOVES ARE OFF By now, Vice President Sara Duterte is unafraid to show this much hostility toward President Marcos and his allies. This is at the Oct. 17 press conference where she threatened to exhume his father’s remains. —LYN RILLON THAT LOOK She was jailed for nearly seven years because of him. Hence that look when former Sen. Leila de Lima and former President Rodrigo Duterte became seatmates at the Nov. 13 House committee hearing on his brutal, six-year war on drugs. —NIÑO JESUS ORBETA MABINI RITES President Marcos leads the wreath-laying ceremony on the 160th birth anniversary of Apolinario Mabini, the patriot also known as the “Brains of the Philippine Revolution” against Spain, in Tanauan City, Batangas, on July 23. —MARIANNE BERMUDEZ ALSO GRILLED Like Alice Guo, Katherine Cassandra Li Ong endures hours of questioning in the Pogo inquiries. She’s back in the hot seat facing senators here on Sept. 17. —RICHARD A. REYES CENTER OF POGO PROBE Dismissed Bamban, Tarlac, Mayor Alice Guo faces the House quad committee on Sept. 19, the most watched personality in the Pogo investigations that started early this year. —GRIG C. MONTEGRANDE DEPORTED Shiela Guo, Alice Guo’s sister who was also tagged in the Senate probe of the now banned Pogos, arrives at the airport in Manila on Aug. 22 after being arrested in Indonesia. —GRIG C. MONTEGRANDE BANNER JOB Workers at a shop in Sta. Cruz, Manila, rush a batch on May 25, with National Flag Day just three days away. —RICHARD A. REYES AWAY FROM HOME A mural depicting overseas Filipinos, fittingly rendered at the Department of Migrant Workers office on Ortigas Avenue, Mandaluyong City. Photo taken on Feb. 6. —NIÑO JESUS ORBETA HIGH-VOLTAGE TASK Some jobs you leave only to a professional, like here on Lacson Avenue, Manila, on April 21. —RICHARD A. REYES ‘ATIN ITO’ A convoy of fishing boats asserts that Panatag (Scarborough) Shoal is “ours” by staging a protest action directed at China on May 15. —RICHARD A. REYES TENSION AFTER ‘ENTENG’ Residents and rescue volunteers race against time to find missing loved ones in a landslide at San Luis, Antipolo City, in Rizal province, on Sept. 3. —NIÑO JESUS ORBETA TONDO ISLAND INFERNO Residents and their pets have no choice but to find safety in the murky water as a fire engulfs parts of the coastal shantytown of Isla Puting Bato in Tondo, Manila, on Nov. 24. —RICHARD A. REYES NEAR MAYON, EVEN WITH NO ERUPTION A mudslide caused by heavy rains and traceable to the Mayon Volcano buried this and several other vehicles in Barangay Masarawag, Guinobatan, Albay, one of the areas hit hard by “Kristine.” Photo taken on Oct. 22. —MARK ALVIC ESPLANA DEFYING GRAVITY Hidilyn Diaz (now Diaz-Naranjo) and Carlos Yulo more than slaked the country’s thirst for an Olympic gold medal. The weightlifter ended the drought in Tokyo 2020, while the gymnast added not just one but two golds in Paris last August. —PHOTOS BY SHERWIN VARDELEON Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy .
NoneTwo Mohali AFPI girls set to join IAFPG&E eyes fresh increase in monthly bills, which could arrive in 2025
Guest editorial: Extend Pell Grants to short-term workforce training
Caprock Group LLC grew its stake in shares of Genpact Limited ( NYSE:G – Free Report ) by 31.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,716 shares of the business services provider’s stock after buying an additional 2,310 shares during the quarter. Caprock Group LLC’s holdings in Genpact were worth $381,000 at the end of the most recent quarter. Other large investors have also recently modified their holdings of the company. CWM LLC increased its stake in shares of Genpact by 160.8% in the second quarter. CWM LLC now owns 952 shares of the business services provider’s stock worth $31,000 after buying an additional 587 shares during the period. Versant Capital Management Inc increased its position in shares of Genpact by 4,717.8% in the second quarter. Versant Capital Management Inc now owns 2,168 shares of the business services provider’s stock valued at $70,000 after acquiring an additional 2,123 shares during the period. Massmutual Trust Co. FSB ADV raised its stake in shares of Genpact by 54.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 2,797 shares of the business services provider’s stock valued at $90,000 after acquiring an additional 984 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of Genpact by 74.6% during the third quarter. Venturi Wealth Management LLC now owns 2,623 shares of the business services provider’s stock worth $103,000 after purchasing an additional 1,121 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Genpact by 221.3% in the third quarter. GAMMA Investing LLC now owns 3,329 shares of the business services provider’s stock worth $131,000 after purchasing an additional 2,293 shares during the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock. Wall Street Analyst Weigh In Several equities research analysts have weighed in on the company. BMO Capital Markets increased their price objective on Genpact from $38.00 to $42.00 and gave the stock a “market perform” rating in a report on Monday, August 12th. Robert W. Baird lifted their price target on shares of Genpact from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Needham & Company LLC upped their price objective on shares of Genpact from $42.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, November 11th. JPMorgan Chase & Co. raised their target price on shares of Genpact from $35.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. Finally, TD Cowen boosted their price target on shares of Genpact from $40.00 to $45.00 and gave the company a “hold” rating in a research report on Friday, November 8th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $42.33. Genpact Stock Performance Shares of G opened at $46.19 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.50. The stock has a market cap of $8.15 billion, a P/E ratio of 12.69, a P/E/G ratio of 1.58 and a beta of 1.13. The business’s 50 day moving average price is $40.38 and its 200-day moving average price is $36.50. Genpact Limited has a 52 week low of $30.23 and a 52 week high of $47.98. Genpact Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be issued a $0.1525 dividend. This represents a $0.61 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Monday, December 9th. Genpact’s dividend payout ratio (DPR) is 16.76%. About Genpact ( Free Report ) Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims. Further Reading Want to see what other hedge funds are holding G? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genpact Limited ( NYSE:G – Free Report ). Receive News & Ratings for Genpact Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genpact and related companies with MarketBeat.com's FREE daily email newsletter .Prime Minister Justin Trudeau has directed a top adviser to deliver a renewed national security strategy setting out a framework for Canada's security, defence and diplomatic posture. In a mandate letter to national security and intelligence adviser Nathalie Drouin, Trudeau says he expects her to consult Canadians and work through the national security council to develop the strategy. He says the strategy, to be ready next year, should be reviewed every four years to ensure it remains current and responsive. Trudeau also says he expects Drouin, who became security adviser last January, to manage the flow of intelligence and analysis necessary for him to effectively fulfil his duties. In addition, he cites a need to improve transparency and dialogue with Canadians -- especially those directly affected by emerging threats -- to help raise awareness and improve Canada's ability to respond. Trudeau says this includes better dialogue with parliamentarians, civil society representatives, diaspora communities, provinces and territories, Indigenous groups, allied partners, industry and others. This report by The Canadian Press was first published Nov. 25, 2024.ARLINGTON, Va., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three months and full fiscal year ended September 30, 2024. Fiscal Year 2024 Financial Highlights Financial Position Fiscal Year 2025 Outlook The Company is initiating fiscal year 2025 guidance as follows: The foregoing Fiscal Year 2025 Outlook statements represent management's current best estimate as of the date of this release. Actual results may differ materially depending on a number of factors. Investors are urged to read the Cautionary Note Regarding Forward-Looking Statements included in this release. Management does not assume any obligation to update these estimates. "Our record financial results for 2024 are a testament to our team's dedication, operational efficiency, and commitment to delivering value to our stakeholders as we achieved our highest ever revenue and profitability, marking a significant milestone in the Company's growth trajectory. Furthermore, we had our second consecutive quarter of signing more than $1 billion of new orders, which brought our backlog to $4.5 billion, underscoring the market's strong confidence in our energy storage solutions," said Julian Nebreda, the Company’s President and Chief Executive Officer. "As we look forward, we see unprecedented demand for battery energy storage solutions across the world, driven principally by the U.S. market. We believe we are well positioned to continue capturing this market with our best-in-class domestic content offering which utilizes U.S. manufactured battery cells." "We are pleased with our strong fiscal year-end performance, achieving record revenue growth, robust margin expansion and free cash flow. We also generated positive net income for the first time," said Ahmed Pasha, Chief Financial Officer. "With backlog and development pipeline at record levels, we enter fiscal 2025 poised for sustained profitable growth." Share Count The shares of the Company’s common stock as of September 30, 2024 are presented below: Conference Call Information The Company will conduct a teleconference starting at 8:30 a.m. EST on Tuesday, November 26, 2024, to discuss the fourth quarter and full fiscal year 2024 financial results. To participate, analysts are required to register by clicking Fluence Energy Inc. Q4 Earnings Call Registration Link . Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audience participants, and non-analysts are encouraged to join the teleconference in a listen-only mode at: Fluence Energy Inc. Q4 Listen Only - Webcast , or on http://fluenceenergy.com by selecting Investors, News & Events, and Events & Presentations. Supplemental materials that may be referenced during the teleconference will be available at: http://fluenceenergy.com , by selecting Investors, News & Events, and Events & Presentations. A replay of the conference call will be available after 1:00 p.m. EST on Tuesday, November 26, 2024. The replay will be available on the Company’s website at http://fluenceenergy.com by selecting Investors, News & Events, and Events & Presentations. Non-GAAP Financial Measures We present our operating results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). We believe certain financial measures, such as Adjusted EBITDA, Adjusted Gross Profit, Adjusted Gross Profit Margin, and Free Cash Flow, which are non-GAAP measures, provide users of our financial statements with supplemental information that may be useful in evaluating our operating performance. We believe that such non-GAAP measures, when read in conjunction with our operating results presented under GAAP, can be used to better assess our performance from period to period and relative to performance of other companies in our industry, without regard to financing methods, historical cost basis or capital structure. Such non-GAAP measures should be considered as a supplement to, and not as a substitute for, financial measures prepared in accordance with GAAP. These measures have limitations as analytical tools, including that other companies, including companies in our industry, may calculate these measures differently, reducing their usefulness as comparative measures. Adjusted EBITDA is calculated from the consolidated statements of operations using net income (loss) adjusted for (i) interest income, net, (ii) income taxes, (iii) depreciation and amortization, (iv) stock-based compensation, and (v) other non-recurring income or expenses. Adjusted EBITDA also includes amounts impacting net income related to estimated payments due to related parties pursuant to the Tax Receivable Agreement, dated October 27, 2021, by and among Fluence Energy, Inc., Fluence Energy, LLC, Siemens Industry, Inc. and AES Grid Stability, LLC (the “Tax Receivable Agreement”). Adjusted Gross Profit is calculated using gross profit, adjusted to exclude (i) stock-based compensation expenses, (ii) amortization, and (iii) other non-recurring income or expenses. Adjusted Gross Profit Margin is calculated using Adjusted Gross Profit divided by total revenue. Free Cash Flow is calculated from the consolidated statements of cash flows and is defined as net cash provided by (used in) operating activities, less purchase of property and equipment made in the period. We expect our Free Cash Flow to fluctuate in future periods as we invest in our business to support our plans for growth. Limitations on the use of Free Cash Flow include (i) it should not be inferred that the entire Free Cash Flow amount is available for discretionary expenditures (for example, cash is still required to satisfy other working capital needs, including short-term investment policy, restricted cash, and intangible assets); (ii) Free Cash Flow has limitations as an analytical tool, and it should not be considered in isolation or as a substitute for analysis of other GAAP financial measures, such as net cash provided by operating activities; and (iii) this metric does not reflect our future contractual commitments. Please refer to the reconciliations of the non-GAAP financial measures to their most directly comparable GAAP financial measures included in this press release and the accompanying tables contained at the end of this release. The Company is not able to provide a quantitative reconciliation of full fiscal year 2025 Adjusted EBITDA to GAAP Net Income (Loss) on a forward-looking basis within this press release because of the uncertainty around certain items that may impact Adjusted EBITDA, including stock compensation and restructuring expenses, that are not within our control or cannot be reasonably predicted without unreasonable effort. About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog. Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release and statements that are made on our earnings call that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements set forth above under “Fiscal Year 2025 Outlook,” and other statements regarding the Company's future financial and operational performance, future market and industry growth and related opportunities for the Company, anticipated Company growth and business strategy, including future incremental working capital and capital opportunities, liquidity and access to capital and cash flows, demand for electricity and impact to energy storage, demand for the Company's energy storage solutions, services, and digital applications offerings, our positioning to capture market share with domestic content offering and future offerings, expected impact and benefits from the Inflation Reduction Act of 2022 and U.S. Treasury domestic content guidelines on us and on our customers, anticipated timeline of U.S. battery module production and timing of our domestic content offering, expectations relating to our contracting manufacturing capacity, potential impact to tariffs, related policies, and regulations from the change in political administration, new products and solutions and product innovation, relationships with new and existing customers and suppliers, expectations relating to backlog, pipeline, and contracted backlog, future revenue recognition, future results of operations, future capital expenditures and debt service obligations, and projected costs, beliefs, assumptions, prospects, plans and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” "commits", “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, our relatively limited operating and revenue history as an independent entity and the nascent clean energy industry; anticipated increasing expenses in the future and our ability to maintain prolonged profitability; fluctuations of our order intake and results of operations across fiscal periods; potential difficulties in maintaining manufacturing capacity and establishing expected mass manufacturing capacity in the future; risks relating to delays, disruptions, and quality control problems in our manufacturing operations; risks relating to quality and quantity of components provided by suppliers; risks relating to our status as a relatively low-volume purchaser as well as from supplier concentration and limited supplier capacity; risks relating to operating as a global company with a global supply chain; changes in the global trade environment; changes in the cost and availability of raw materials and underlying components; failure by manufacturers, vendors, and suppliers to use ethical business practices and comply with applicable laws and regulations; significant reduction in pricing or order volume or loss of one or more of our significant customers or their inability to perform under their contracts; risks relating to competition for our offerings and our ability to attract new customers and retain existing customers; ability to maintain and enhance our reputation and brand recognition; ability to effectively manage our recent and future growth and expansion of our business and operations; our growth depends in part on the success of our relationships with third parties; ability to attract and retain highly qualified personnel; risks associated with engineering and construction, utility interconnection, commissioning and installation of our energy storage solutions and products, cost overruns, and delays; risks relating to lengthy sales and installation cycle for our energy storage solutions; risks related to defects, errors, vulnerabilities and/or bugs in our products and technology; risks relating to estimation uncertainty related to our product warranties; fluctuations in currency exchange rates; risks related to our current and planned foreign operations; amounts included in our pipeline and contracted backlog may not result in actual revenue or translate into profits; risks related to acquisitions we have made or that we may pursue; events and incidents relating to storage, delivery, installation, operation, maintenance and shutdowns of our products; risks relating to our impacts to our customer relationships due to events and incidents during the project lifecycle of an energy storage solution; actual or threatened health epidemics, pandemics or similar public health threats; ability to obtain financial assurances for our projects; risks relating to whether renewable energy technologies are suitable for widespread adoption or if sufficient demand for our offerings do not develop or takes longer to develop than we anticipate; estimates on size of our total addressable market; risks relating to the cost of electricity available from alternative sources; macroeconomic uncertainty and market conditions; risk relating to interest rates or a reduction in the availability of tax equity or project debt capital in the global financial markets and corresponding effects on customers’ ability to finance energy storage systems and demand for our energy storage solutions; decline in public acceptance of renewable energy, or delay, prevent, or increase in the cost of customer projects; severe weather events; increased attention to ESG matters; restrictions set forth in our current credit agreement and future debt agreements; uncertain ability to raise additional capital to execute on business opportunities; ability to obtain, maintain and enforce proper protection for our intellectual property, including our technology; threat of lawsuits by third parties alleging intellectual property violations; adequate protection for our trademarks and trade names; ability to enforce our intellectual property rights; risks relating to our patent portfolio; ability to effectively protect data integrity of our technology infrastructure and other business systems; use of open-source software; failure to comply with third party license or technology agreements; inability to license rights to use technologies on reasonable terms; risks relating to compromises, interruptions, or shutdowns of our systems; barriers arising from current electric utility industry policies and regulations and any subsequent changes; reduction, elimination, or expiration of government incentives or regulations regarding renewable energy; potential changes in tax laws or regulations; risks relating to environmental, health, and safety laws and potential obligations, liabilities and costs thereunder; failure to comply with data privacy and data security laws, regulations and industry standards; risks relating to potential future legal proceedings, regulatory disputes, and governmental inquiries; risks related to ownership of our Class A common stock; risks related to us being a “controlled company” within the meaning of the NASDAQ rules; risks relating to the terms of our amended and restated certificate of incorporation and amended and restated bylaws; risks relating to our relationship with our Founders and Continuing Equity Owners; risks relating to conflicts of interest by our officers and directors due to positions with Continuing Equity Owners; risks related to short-seller activists; we depend on distributions from Fluence Energy, LLC to pay our taxes and expenses and Fluence Energy, LLC’s ability to make such distributions may be limited or restricted in certain scenarios; risks arising out of the Tax Receivable Agreement; unanticipated changes in effective tax rates or adverse outcomes resulting from examination of tax returns; risks relating to improper and ineffective internal control over reporting to comply with Sarbanes-Oxley Act; risks relating to changes in accounting principles or their applicability to us; risks relating to estimates or judgments relating to our critical accounting policies; and other factors set forth under Item 1A.“Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, to be filed with the Securities and Exchange Commission (“SEC”), and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. Accounts payable with related parties of $2.5 million and Accruals with related parties of $3.7 million as of September 30, 2023, were reclassified from Deferred revenue and payables with related parties to Accounts payable and Accruals and provisions, respectively, on the consolidated balance sheet. The reclassification had no impact on the total current liabilities for any period presented. Corresponding reclassifications were also reflected on the consolidated statement of cash flows for the fiscal year ended September 30, 2023 and 2022. The reclassifications had no impact on cash provided by (used in) operations for the period presented. Provision on loss contracts, net of $6.1 million and $30.0 million for the fiscal years ended September 30, 2023 and 2022, respectively, was reclassified to current accruals and provisions on the consolidated statement of cash flows. The reclassification had no impact on cash provided by (used in) operations for the period presented. The following tables present our key operating metrics for the fiscal years ended September 30, 2024 and 2023. The tables below present the metrics in either Gigawatts (GW) or Gigawatt hours (GWh). Our key operating metrics focus on project milestones to measure our performance and designate each project as either “deployed”, “assets under management”, “contracted backlog”, or “pipeline”. The following table presents our order intake for the three months and fiscal years ended September 30, 2024 and 2023. The table is presented in Gigawatts (GW): Deployed Deployed represents cumulative energy storage products and solutions that have achieved substantial completion and are not decommissioned. Deployed is monitored by management to measure our performance towards achieving project milestones. Assets Under Management Assets under management for service contracts represents our long-term service contracts with customers associated with our completed energy storage system products and solutions. We start providing maintenance, monitoring, or other operational services after the storage product projects are completed. In some cases, services may be commenced for energy storage solutions prior to achievement of substantial completion. This is not limited to energy storage solutions delivered by Fluence. Assets under management for digital software represents contracts signed and active (post go live). Assets under management serves as an indicator of expected revenue from our customers and assists management in forecasting our expected financial performance. Contracted Backlog For our energy storage products and solutions contracts, contracted backlog includes signed customer orders or contracts under execution prior to when substantial completion is achieved. For service contracts, contracted backlog includes signed service agreements associated with our storage product projects that have not been completed and the associated service has not started. For digital applications contracts, contracted backlog includes signed agreements where the associated subscription has not started. We cannot guarantee that our contracted backlog will result in actual revenue in the originally anticipated period or at all. Contracted backlog may not generate margins equal to our historical operating results. We have only recently begun to track our contracted backlog on a consistent basis as performance measures, and as a result, we do not have significant experience in determining the level of realization that we will achieve on these contracts. Our customers may experience project delays or cancel orders as a result of external market factors and economic or other factors beyond our control. If our contracted backlog fails to result in revenue as anticipated or in a timely manner, we could experience a reduction in revenue, profitability, and liquidity. Contracted/Order Intake Contracted, which we use interchangeably with “order intake”, represents new energy storage product and solutions contracts, new service contracts and new digital contracts signed during each period presented. We define “Contracted” as a firm and binding purchase order, letter of award, change order or other signed contract (in each case an “Order”) from the customer that is received and accepted by Fluence. Our order intake is intended to convey the dollar amount and gigawatts (operating measure) contracted in the period presented. We believe that order intake provides useful information to investors and management because the order intake provides visibility into future revenue and enables evaluation of the effectiveness of the Company’s sales activity and the attractiveness of its offerings in the market. Pipeline Pipeline represents our uncontracted, potential revenue from energy storage products and solutions, service, and digital software contracts, which have a reasonable likelihood of contract execution within 24 months. Pipeline is an internal management metric that we construct from market information reported by our global sales force. Pipeline is monitored by management to understand the anticipated growth of our Company and our estimated future revenue related to customer contracts for our battery-based energy storage products and solutions, services and digital software. We cannot guarantee that our pipeline will result in actual revenue in the originally anticipated period or at all. Pipeline may not generate margins equal to our historical operating results. We have only recently begun to track our pipeline on a consistent basis as performance measures, and as a result, we do not have significant experience in determining the level of realization that we will achieve on these contracts. Our customers may experience project delays or cancel orders as a result of external market factors and economic or other factors beyond our control. If our pipeline fails to result in revenue as anticipated or in a timely manner, we could experience a reduction in revenue, profitability, and liquidity. Annual Recurring Revenue (ARR) ARR represents the net annualized contracted value including software subscriptions including initial trial, licensing, long term service agreements, and extended warranty agreements as of the reporting period. ARR excludes one-time fees, revenue share or other revenue that is non-recurring and variable. The Company believes ARR is an important operating metric as it provides visibility to future revenue. It is important to management to increase this visibility as we continue to expand. ARR is not a forecast of future revenue and should be viewed independently of revenue and deferred revenue as ARR is an operating metric and is not intended to replace these items. The following tables present our non-GAAP measures for the periods indicated. ____________________________ 1 Non-GAAP Financial Metric. See the section below titled “Non-GAAP Financial Measures” for more information regarding the Company's use of non-GAAP financial measures, as well as a reconciliation to the most directly comparable financials measure stated in accordance with GAAP. 2 Backlog represents the unrecognized revenue value of our contractual commitments, which include deferred revenue and amounts that will be billed and recognized as revenue in future periods. The Company’s backlog may vary significantly each reporting period based on the timing of major new contractual commitments and the backlog may fluctuate with currency movements. In addition, under certain circumstances, the Company’s customers have the right to terminate contracts or defer the timing of its services and their payments to the Company. 3 Total cash includes Cash and cash equivalents + Restricted Cash + Short term investments. Contacts Analyst Lexington May, Vice President, Finance & Investor Relations +1 713-909-5629 Email : InvestorRelations@fluenceenergy.com Media Email: media.na@fluenceenergy.com
Who Is Rishi Parti? Businessman Buys Ultra-Luxury DLF Flat In Gurugram For ₹190 CroreJohn Parker Romo made a 29-yard field goal to lift the Minnesota Vikings to a 30-27 overtime win against the host Chicago Bears on Sunday afternoon. Romo buried the game-winning kick in his third career game for Minnesota (9-2), which won its fourth game in a row. The score capped a 10-play, 68-yard drive for the Vikings after the Bears went three-and-out on the first overtime possession. Sam Darnold completed 22 of 34 passes for 330 yards and two touchdowns to lead the Vikings. Wideout Jordan Addison finished with eight catches for a career-high 162 yards and a touchdown. The overtime defeat spoiled an impressive performance from rookie quarterback Caleb Williams, who completed 32 of 47 passes for 340 yards and two touchdowns for Chicago (4-7). D.J. Moore had seven catches for 106 yards and a touchdown, and Keenan Allen finished with nine catches for 86 yards and a score. Chicago erased an 11-point deficit in the final 22 seconds of regulation to send the game to overtime. Romo had put Minnesota on top 27-16 when he made a 26-yard field goal with 1:56 remaining in the fourth quarter. Williams trimmed the Bears' deficit to 27-24 with 22 seconds to go. He rolled right and found Allen wide open in the end zone for a 1-yard touchdown, and moments later he fired a strike to Moore for a two-point conversion. The Bears recovered an onside kick on the next play to regain possession at their 43-yard line with 21 seconds left. Cairo Santos' onside kick bounced off the foot of Vikings tight end Johnny Mundt, and Tarvarius Moore recovered it. D.J. Moore put the Bears in field-goal position with a 27-yard reception across the middle of the field, and Santos made a 48-yarder as time expired to even the score at 27-all. Minnesota led 24-10 after three quarters. Romo made a 40-yard field goal early in the third quarter, and Aaron Jones punched in a 2-yard run with 1:22 left in the period to put the Vikings on top by two touchdowns. Addison and Jalen Nailor each had receiving touchdowns in the first half for Minnesota. Roschon Johnson scored on a 1-yard run for the Bears' only touchdown of the first half. Chicago trailed 14-10 at the break. --Field Level Media
Drink for a charitable cause this winter on the Tri-Valley Beer TrailAuthorities in Pakistan launch operation to clear Khan supporters from capital
AP Business SummaryBrief at 1:36 p.m. ESTFirst look at Alabama, Michigan’s ReliaQuest Bowl opponent
Carsley good, Moyes bad as Leicester City told to learn lesson after Steve Cooper sacking
Michigan aims to cap lost season by beating Ohio State
CORAL GABLES, Fla. (AP) — Miami probably was one win away from getting into the College Football Playoff. Iowa State definitely was one win away. Their consolation prize of sorts: playing one another. The Hurricanes and Cyclones — a meteorological matchup — have accepted bids to the Pop-Tarts Bowl, to be played Dec. 28 in Orlando, Florida. Iowa State (10-3) is looking for its first 11-win season in the program's 133-year history, and Miami (10-2) is seeking its first 11-win season since 2003. Miami's loss at Syracuse to close the regular season wound up being the game the Hurricanes could point to as the reason they missed out on the CFP. Iowa State could have played its way in and lost the Big 12 title game to CFP-bound Arizona State on Saturday. “I think everyone that doesn't get in feels disappointment,” Miami coach Mario Cristobal said. “We feel the onus of just doing better. Just do better, go forward, have an opportunity to get better.” It's essentially the same task for both teams: regrouping after seeing the playoff slip away. “I think that’s what’s made Iowa State football really special is our ability to have great resiliency," Cyclones coach Matt Campbell said. "And I know our kids are super-excited about the opportunity to finish off. Obviously (Saturday) was disappointing. But this group and this football team has the opportunity to just continue to fight.” A big question for Miami: whether quarterback Cam Ward will play. The likely Heisman Trophy finalist has thrown for 155 touchdown passes in his career at Incarnate Word, Washington State and Miami. That’s tied for the most by anyone in Division I (FBS and FCS) history; Case Keenum threw 155 in his career at Houston. Many draft-bound players not in the playoff will be opting out of bowl games over the coming weeks. There's been no indication from Miami yet that Ward or any other draft-bound player has made a decision. “I think it’s important that our guys, anyone playing and closing out the season, understands the importance of that next step for a program like ours," Cristobal said. "And I think our guys do.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballANN ARBOR, Mich. — Michigan's defense of the national championship has fallen woefully short. The Wolverines started the season ranked No. 9 in the AP Top 25, making them the third college football team since 1991 to be ranked worse than seventh in the preseason poll after winning a national title. Michigan (6-5, 4-4 Big Ten) failed to meet those modest expectations, barely becoming eligible to play in a bowl and putting the program in danger of losing six or seven games for the first time since the Brady Hoke era ended a decade ago. The Wolverines potentially can ease some of the pain with a win against rival and second-ranked Ohio State (10-1, 7-1, No. 2 CFP) on Saturday in the Horseshoe, but that would be a stunning upset. Ohio State is a 21 1/2-point favorite, according to the BetMGM Sportsbook, and that marks just the third time this century that there has been a spread of at least 20 1/2 points in what is known as "The Game." People are also reading... Michigan coach Sherrone Moore doesn't sound like someone who is motivating players with an underdog mentality. "I don't think none of that matters in this game," Moore said Monday. "It doesn't matter the records. It doesn't matter anything. The spread, that doesn't matter." How did Michigan end up with a relative mess of a season on the field, coming off its first national title since 1997? Winning it all with a coach and star player contemplating being in the NFL for the 2024 season seemed to have unintended consequences for the current squad. The Wolverines closed the College Football Playoff with a win over Washington on Jan. 8; several days later quarterback J.J. McCarthy announced he was skipping his senior season; and it took more than another week for Jim Harbaugh to bolt to coach the Los Angeles Chargers. In the meantime, most quality quarterbacks wanting to transfer had already enrolled at other schools and Moore was left with lackluster options. Davis Warren beat out Alex Orji to be the team's quarterback for the opener and later lost the job to Orji only to get it back again. No matter who was under center, however, would've likely struggled this year behind an offensive line that sent six players to the NFL. The Wolverines lost one of their top players on defense, safety Rod Moore, to a season-ending injury last spring and another one, preseason All-America cornerback Will Johnson, hasn't played in more than a month because of an injury. The Buckeyes are not planning to show any mercy after losing three straight in the series. "We're going to attack them," Ohio State defensive end Jack Sawyer said. "We know they're going to come in here swinging, too, and they've still got a good team even though the record doesn't indicate it. This game, it never matters what the records are." While a win would not suddenly make the Wolverines' season a success, it could help Moore build some momentum a week after top-rated freshman quarterback Bryce Underwood flipped his commitment from LSU to Michigan. "You come to Michigan to beat Ohio," said defensive back Quinten Johnson, intentionally leaving the word State out when referring to the rival. "That's one of the pillars of the Michigan football program. "It doesn't necessarily change the fact of where we are in the season, but it definitely is one of the defining moments of your career here at Michigan." AP Sports Writer Mitch Stacy in Columbus, Ohio, contributed to this report. Be the first to know
Soccer-Conte content with Napoli performance despite defeat
- Previous: jilibay vip 1
- Next: jilibay vip login download