Li-Cycle Holdings Corp., the Toronto-based lithium-ion battery recycler that has a “spoke” facility at Eastman Business Park, on Thursday reported a third-quarter loss of $6.9 million, despite an 840 percent increase in sales. For the quarter ended July 31, Li-Cycle ...

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Newark’s IEC Electronics Corp. has agreed to be acquired by a Boston-based electronics manufacturing services supplier in a deal worth nearly $174 million. The Wayne County manufacturer on Thursday said the two companies had signed a definitive merger agreement under ...

Tagged with: acquisition Earnings iec iec electronics

Vuzix Corp. this week reported a drop in sales and a bottom-line loss in the second quarter. For the quarter ended June 30, the smart-glasses and augmented reality supplier posted revenue of $2.9 million, down from $3 million in the ...

Tagged with: Earnings smart glasses vuzix

Eastman Kodak Co. after the bell Tuesday reported an improved bottom line and encouraging cash balance in the second quarter. For the quarter ended June 30, the one-time photo giant posted sales of $291 million, up from $213 million in ...

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Batavia’s Graham Corp. on Tuesday reported lackluster first-quarter results, missing analysts’ expectations. Separately, the manufacturer named a new chief executive to replace long-time CEO James Lines, who plans to retire. For the first quarter ended June 30, Graham posted a ...

Tagged with: daniel thoren Earnings graham james lines

EnPro Industries Inc., the parent company of Palmyra’s Garlock Family of Companies, on Tuesday reported a strong second quarter, while also announcing a change in leadership. For the second quarter ended June 30, the Charlotte, N.C., manufacturer posted a 20 ...

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Newark’s Ultralife Corp. on Thursday reported second-quarter earnings that fell short of Wall Street estimates. For the second quarter ended June 30, the Wayne County power solutions, communications and electronics systems provider posted revenue of $26.8 million, a more than ...

Tagged with: Earnings michael popielec ultralife

Transcat Inc. on Tuesday reported record first-quarter results, beating Wall Street estimates. For the first quarter ended June 26, the Rochester provider of accredited calibration, repair, inspection and laboratory instrument services posted revenues of $47.79 million, up nearly 23 percent ...

Tagged with: Earnings lee rudow transcat

Monro Inc. on Wednesday reported record first-quarter sales, beating analysts’ estimates. For the first quarter ended June 26, the Rochester-based automotive undercar repair company reported a more than 38 percent increase in revenue to $341.8 million. The company attributed the ...

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Xerox Holdings Corp. shares were up roughly 5 percent on Tuesday following an earnings report that beat Wall Street estimates. Shares of company stock (NYSE: XRX) were trading $24.75 this afternoon, up from today’s opening price of $23.54. For the ...

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Paychex Inc.’s board of directors has voted to expand the board from nine members to 10. The board has appointed Kevin Price to fill the new position. Price is the founder and president of PartsScription, an innovative e-commerce platform that ...

Tagged with: dividend Earnings kevin price Martin Mucci Paychex

Wayne County packaged food provider Seneca Foods Corp. last week reported an improvement in sales and an increase in gross margin for fiscal 2021. For the year ended March 31, Seneca Foods reported sales of $1.47 billion, up from $1.34 ...

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Monro Inc. this week reported a fourth-quarter improvement in sales, income and earnings, beating Street estimates. For the quarter ended March 27, the automotive undercar repair and tire services provider posted a 6.8 percent increase in revenue to $305.5 million ...

Tagged with: Earnings mike broderick monro

Rochester’s Transcat Inc. on Tuesday reported record sales and operating income for the fourth quarter, beating Wall Street estimates. For the quarter ended March 27, the manufacturer reported revenue of $48.8 million, a nearly 7 percent increase from $45.8 million ...

Tagged with: Earnings lee rudow transcat

Vuzix Corp. this week reported record sales of smart glasses in the first quarter. Revenues for the quarter ended March 31 were $3.92 million, up significantly from $1.53 million in the year-ago quarter. The increase was driven by higher sales ...

Tagged with: augmented reality Earnings paul travers smart glasses vuzix