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Lighting Science Group Lights First "Net Zero" Visitor Center In U.S. National Park System
SATELLITE BEACH, Fla., Oct. 2, 2012
SATELLITE BEACH, Fla., Oct. 2, 2012 /PRNewswire/ -- Lighting Science Group (OTCBB: LSCG), one of the world's leading LED lighting companies, today announced its collaboration with the National Park Service (NPS) to open a "net zero" visitor center in Santa Monica Mountains National Recreation Area (SMMNRA), the first of its kind in the nearly 400 parks that make up the NPS system. Named for the congressman who introduced legislation to create SMMNRA in 1978, the Anthony C. Beilenson Visitor Center at the King Gillette Ranch is LEED Platinum Certified, produces all of its energy needs through a 94 kilowatt photovoltaic solar energy system and replaces traditional lighting options with Lighting Science Group's energy efficient and made-in-America LED technology.
"The beauty of this new visitor center is that it combines the old with the new to achieve the highest environmental standards," said park spokesperson, Kate Kuykendall. "In addition to the original architect's extensive use of natural lighting, we're proud to use LED lighting technology to decrease the carbon footprint of the facility."
The 7,000 square foot Anthony C. Beilenson Visitor Center sits on the 588-acre King Gillette Ranch located at the intersection of five major tributaries. The ranch includes the 1928 mansion designed by Wallace Neff for razor magnate King C. Gillette with the visitor center itself once serving as the ranch's original horse stables. Now repurposed with stringent energy efficiency measures --such as Lighting Science Group's LED fixtures—the Beilenson Center achieved LEED Platinum certification. The American Reinvestment and Recovery Act provided $9.5 million in funding for the center's construction ensuring that all building materials –including Lighting Science Group's PAR38 lamps – are American-made.
"Lighting Science Group is proud to be part of this effort," said Keith Scott, Chief Commercial Officer at Lighting Science Group. "Our bulbs will only use half a Watt per square foot due to the energy efficiency of our LED's and the unique design of this building. In addition, these lights will run for years with no need for maintenance. The low cost of today's LED technology makes this type of conservation available to a range of applications. Imagine the conservational impact if all the NPS visitor centers followed King Gillette Ranch's example."
The new facility is open to the public, and an easy day-trip for those in Southern California with two-thirds of the park within Los Angeles County limits. It is open 7 days per week from 9 am -5 pm.
About Lighting Science Group
Lighting Science Group Corporation (OTCBB: LSCG) designs, develops, manufactures and markets LED lighting solutions that are environmentally friendlier and more energy efficient than traditional lighting products. Lighting Science Group offers retrofit LED lamps in form factors that match those of traditional lamps or bulbs and LED luminaires designed for a range of applications including public and private infrastructure for both indoor and outdoor use. Lighting Science Group's Advanced Projects Group business unit designs, develops and manufactures custom LED lighting solutions for architectural and artistic projects. Lighting Science Group is headquartered in Satellite Beach, Florida; the Company's European operations are based in Middelburg, The Netherlands; and the Company has a sales office in Sydney, Australia. Lighting Science Group employs approximately 800 workers building lighting products from domestic and imported parts. Lighting Science Group is a Pegasus Capital Advisors portfolio company. More information about Lighting Science Group is available at www.lsgc.com.
Forward Looking Statement. Certain statements in this press release may constitute "forward-looking statements" made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements concerning the performance of Lighting Science Group and its products and/or use terminology such as "anticipate," "assume," "believe," "estimate," "expect," "goal," "intend," "plan," "project," "seek," "target," "soon," "will," "first of many" and variations of such words and similar expressions. Such statements reflect the current view of Lighting Science Group with respect to future events and are subject to certain risks, uncertainties and assumptions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by these statements. In evaluating these statements, you should carefully review the risk factors detailed under "Risk Factors" in our most recent filings with the Securities and Exchange Commission that may cause our actual results to differ materially from these forward-looking statements.
SOURCE Lighting Science Group Corporation
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Community-Beiträge zu Synopsys Inc
05.12.2024 - 09:38 Uhr
Tamakoschy Zahlen
https://seekingalpha.com/news/4363646-synopsys-slides-as-outlook-falls-short-after-record-setting-revenue
Synopsys slides as outlook falls short after record-setting revenue
Dec. 04, 2024 4:33 PM ETSynopsys, Inc. (SNPS) StockBy: Brandon Evans, SA News Editor2 Comments
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Synopsys World Headquarters, Mountain View, CA
jejim/iStock Editorial via Getty Images
Synopsys (NASDAQ:SNPS) reported record high annual revenue when it reported its fourth quarter fiscal 2024 results on Wednesday, but its first quarter outlook fell short, prompting shares to slide post-market.
For the quarter ended October 31, Synopsys reported adjusted earnings per share of $3.40, which was more than the consensus estimate of $3.30. Its revenue totaled $1.64B, which also more than the estimate of $1.63B.
Full-year fiscal 2024 totaled $6.127B, which represented a year-over-year increase of 15% while also setting a record high for the silicon design and verification company.
"We achieved record financial results while doubling down on our strategy with the sale of our Software Integrity business and the pending acquisition of Ansys," said Sassine Ghazi, president and CEO of Synopsys. "Looking ahead, the AI-driven reinvention of compute is accelerating the pace, scale and complexity of technology R&D, which expands our opportunity to solve engineering challenges from silicon to systems."
The company expects double-digit revenue growth again in 2025. It also expects to close on the Ansys acquisition sometime during the first half of 2025.
However, its first quarter outlook failed to meet market expectations.
For the first quarter of fiscal 2025, Synposys expects revenue ranging from $1.44B to $1.47B, which is well short of the $1.65B estimate. It projects adjusted earnings per share of $2.77 to $2.82, which is much less than the estimate of $3.55.
22.08.2024 - 09:33 Uhr
Tamakoschy Q3
https://seekingalpha.com/news/4142547-synopsys-non-gaap-eps-of-3_43-beats-0_14-revenue-of-1_53b-beats-10m
Synopsys Non-GAAP EPS of $3.43 beats by $0.14, revenue of $1.53B beats by $10M
Synopsys press release (NASDAQ:SNPS): Q3 Non-GAAP EPS of $3.43 beats by $0.14.
Revenue of $1.53B (+13.3% Y/Y) beats by $10M.
Expecting record full-year revenue with growth of approximately 15% driven by continued, strong execution and business momentum.
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