2013-08-16

Carmanah Suffers Significant Net Loss in Q2 of 2013

Carmanah Technologies Corporation reported its second quarter financial results for the period ended June 30, 2013 on August 13.   In accordance with the second quarter of 2013, the Company recorded a net loss of $2.5 million on revenues of $6.3 million. The significant net loss is primarily due to a $1.0 million one-time non-cash impairment of certain assets. Revenues for the second quarter of 2013 were $6.3 million, up $0.2 million from $6.1 million in the second quarter of 2012. Gross margin percentages for second quarter of 2013 were 24.4%, down from 29.1% for second qu...
Continue reading

Signify, the world leader in lighting, announces Philips Skylight, a new ceiling lighting range designed to recreate the feeling of daylight indoors. Inspired by the natural brightness, depth and rhythm of sunlight, Philips Skylight combines a... READ MORE

The awarded program reinforces FORVIA’s position as a key player in next-generation in-cabin safety systems. The solution combines a traditional interior mirror with a seamlessly integrated camera, designed to monitor both driver behavio... READ MORE