Ampco-Pittsburgh

Ampco-Pittsburgh Corp. is engaged in the manufacture and sale of custom designed engineering products. It operates through the Forged and Cast Engineered Products, and Air and Liquid Processing segments. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls and open-die forged products. Forged hardened steel rolls are used primarily in cold rolling mills by producers of steel, aluminum and other metals. The Air and Liquid Processing segment includes the Aerofin, Buffalo Air Handling, and Buffalo Pumps divisions. The company was founded in 1929 and is headquartered in Carnegie, PA.

Earnings data Q1 2021

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Ampco-Pittsburgh reports Q4 growth, faces challenges from geopolitical events

Ampco-Pittsburgh showed improved sales and operating income in Q4 2022. Pricing actions helped combat inflation, and operational rates improved globally. Challenges from geopolitical events and market softness were noted, but the company remains optimistic about future opportunities.

Ampco-Pittsburgh reports robust Q1 earnings amidst backlog growth and efficiency gains

Ampco-Pittsburgh's Q1 2023 performance reflects solid financial results, operational improvements, and strong demand across key segments.
While facing capital expenditure challenges and market uncertainties, the company's focus on efficiency and backlog growth presents opportunities for sustained success.
Strategic initiatives like the equipment modernization program and positive sales trends position Ampco-Pittsburgh for continued growth and profitability in the future.

Ampco-Pittsburgh reports solid Q2 earnings, eyes growth opportunities ahead

Ampco-Pittsburgh's Q2 earnings call highlighted strong performances, record sales growth, and positive market outlook, underscoring the company's operational resilience and growth potential.
While facing challenges in cost management and pricing strategies, the company aims to leverage opportunities in additive manufacturing, market growth, and operational efficiency.
With a transformative vision and focus on stakeholder value, Ampco-Pittsburgh is poised to navigate challenges, capitalize on opportunities, and drive sustainable growth in the future.

Ampco-Pittsburgh (AP) reports strong Q3 earnings and strategic growth

Ampco-Pittsburgh (AP) delivered positive earnings per share and strong financial results in Q3 2023, showcasing resilience and operational efficiency. The company's business segments performed well, with notable achievements in sales, backlog growth, and strategic projects.
Despite challenges in Europe, AP demonstrated its ability to navigate obstacles and capitalize on opportunities in the market. The company's focus on operational excellence and customer relationships contributed to its overall success.
Looking ahead, AP remains optimistic about its operational performance and growth prospects. By addressing challenges, leveraging strengths, and seizing opportunities, the company aims to sustain its positive momentum and drive long-term value for stakeholders.

Ampco-Pittsburgh reports mixed Q4 results, eyes growth opportunities ahead

Ampco-Pittsburgh navigated challenges in Europe but saw growth in key segments. Strategic initiatives and record sales position the company for future success. Asbestos-related costs and working capital pressures are areas of concern.

Ampco-Pittsburgh faces Q1 losses but eyes growth opportunities ahead

Ampco-Pittsburgh reported mixed financial results in Q1 2024, with revenue growth in the Air & Liquid Systems segment but a net loss for the quarter.
The company faces challenges from operational issues and a decline in total backlog, requiring strategic adjustments to improve financial performance.
Despite these challenges, Ampco-Pittsburgh remains focused on addressing market conditions, enhancing manufacturing capacity, and seizing growth opportunities.
Investors should monitor the company's efforts to overcome challenges and capitalize on opportunities for long-term value creation.

Ampco-Pittsburgh (AP) reports strong Q2 earnings, eyes growth opportunities

Ampco-Pittsburgh (AP) delivered a strong performance in Q2 2024, with notable revenue and income growth. While facing challenges in margin improvements and debt reduction, the company has opportunities for expansion and market impact. Management highlighted operational improvements and growth prospects during the earnings call.

Ampco-Pittsburgh reports Q3 income growth amidst market challenges

Ampco-Pittsburgh's Q3 performance showed improved margins and operating efficiencies, despite challenges like weaker demand in certain segments.
The company's strengths lie in backlog growth, consistent revenue in key segments, and positive market indicators.
Opportunities include additional funding for modernization and a focus on operational efficiency for future growth.

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LAS VEGAS--( BUSINESS WIRE )--BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced that the Company has recently entered an agreement with Bitmain to purchase a total of 1,140 S19 XP Hydro Antminers (“XP Hydro”), along with 6 customized power containers (“Container”). The XP Hydro's feature water cooling and a maximum hashrate of 255 TH/s at 5304W and were introduced by Bitmain in October 2022. The Company anticipates delivery of 190 XP Hydro's and one Container per month for six consecutive months starting in July 2023.

BitNile Holdings Purchases 1,140 S19 XP Hydro Antminers Featuring Water Cooling and a Maximum Hashrate of 255 TH/s, the Latest Innovation from Bitmain

LAS VEGAS--( BUSINESS WIRE )--BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announced today that Circle 8 Newco LLC (“Circle 8 Newco”), a newly formed indirect subsidiary of Ault Alliance, Inc. (“Ault Alliance”), a wholly owned subsidiary of the Company, has entered into an asset purchase agreement (the “Agreement”) with Circle 8 Crane Services LLC (“Circle 8”), providing for the acquisition of substantially all of Circle 8's operating assets (the “Assets”) and recapitalization of the business into Circle 8 Newco for an aggregate consideration of approximately $40 million (the “Acquisition”). The Acquisition will be funded with $16 mm in cash and approximately $24 mm of asset-based debt will be assumed.

BitNile Holdings' Subsidiary Agrees to Purchase Assets of Circle 8 Crane Services

Ampco-Pittsburgh Corporation (NYSE:AP ) Q3 2022 Results Conference Call November 15, 2022 10:30 AM ET Company Participants Michael McAuley - Senior VP, CFO and Treasurer Brett McBrayer - CEO and Director Dave Anderson - President of Air and Liquid Systems Corporation Sam Lyon - President of Union Electric Steel Corporation Conference Call Participants Justin Bergner - Gabelli Funds David Wright - Henry Investment Trust Operator Good day and welcome to the Ampco-Pittsburgh Corporation Third Quarter 2022 Earnings Results Call. All participants will be in a listen-only mode.

Ampco-Pittsburgh Corporation (AP) Q3 2022 Earnings Call Transcript

CARNEGIE, Pa.--( BUSINESS WIRE )--Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation" or “Ampco-Pittsburgh”) reported net sales of $99.6 million and $296.7 million, respectively, for the three and nine months ended September 30, 2022, compared to $81.2 million and $260.4 million for the three and nine months ended September 30, 2021, respectively. The increase is primarily attributable to higher selling prices and variable-index surcharges in the Forged and Cast Engineered products and a higher level of shipments in both segments, offset in part by unfavorable foreign exchange translation.

Ampco-Pittsburgh Corporation (NYSE: AP) Announces Third Quarter 2022 Results

LAS VEGAS--(BUSINESS WIRE)---- $AP #BTC--BitNile Holdings, Inc. Announces Notice of Noncompliance with NYSE American Listing Standards

BitNile Holdings, Inc. Announces Notice of Noncompliance with NYSE American Listing Standards

LAS VEGAS--(BUSINESS WIRE)---- $AP #AultCompany--BitNile Holdings Obtains $18.9 Million in Secured Debt Financing

BitNile Holdings Obtains $18.9 Million in Secured Debt Financing

BOSTON--(BUSINESS WIRE)-- #AP--The global smartphone applications processor (AP) market grew 26 percent to $8.9 billion in Q2 2022, according to Strategy Analytics' Handset Component Technologies (HCT) service report.

Strategy Analytics: Smartphone Apps Processor Market Posts All-time High Revenue in Q2 2022

Ampco-Pittsburgh Corporation (NYSE: AP) Third Quarter 2022 Results Conference Call

LAS VEGAS--(BUSINESS WIRE)---- $AP #ARBK--BitNile Holdings Issues October 2022 Bitcoin Production & Mining Operation Report Noting 19,126 Miners Were Received and 81.2 Bitcoin Generated

BitNile Holdings Issues October Bitcoin Production and Mining Operation Report

NAPLES, FL / ACCESSWIRE / November 1, 2022 / Pro Music Rights (OTC PINK:NUVG) One of the Worlds Largest Music Licensing Companies, is back to Pink Current information status with OTC Markets Group About Pro Music Rights, Inc. ( ProMusicRights.com ) Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others.

Pro Music Rights (OTC:NUVG) One of the Worlds Largest Music Licensing Companies, Is Back to Pink Current Information Status With OTC Markets Group

LAS VEGAS--(BUSINESS WIRE)---- $AP #BITF--BitNile Holdings' Subsidiary, Alliance Cloud Services, Developing Enterprise Data Center at Michigan Facility

BitNile Holdings' Subsidiary, Alliance Cloud Services, Developing Enterprise Data Center at Michigan Facility

LAS VEGAS--(BUSINESS WIRE)---- $AP #500_BTC_mined--BitNile Holdings Achieves Bitcoin Mining Production Milestone of 500 Bitcoin Mined to Date at Its Michigan Data Center

BitNile Holdings Achieves Bitcoin Mining Production Milestone of 500 Bitcoin Mined to Date at Its Michigan Data Center

Net sales returned to the growth path as backlog continues to increase. Higher energy prices are wreaking havoc on profit margins despite lower raw material prices.

Ampco-Pittsburgh: A High-Risk-High-Reward Bet

LAS VEGAS--(BUSINESS WIRE)---- $AP #BITF--BitNile Holdings Joins Chamber of Digital Commerce's Executive Committee; Company's Focus Aligns Closely With Chamber of Digital Commerce's Priorities

BitNile Holdings Joins Chamber of Digital Commerce's Executive Committee

LAS VEGAS--(BUSINESS WIRE)---- $AP #Ault_Alliance--BitNile Holdings Today Hosts Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies

BitNile Holdings Today Hosts Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies

LAS VEGAS--(BUSINESS WIRE)---- $AP #Annual_Main_Event--BitNile to Present at LD Micro Main Event XV Investor Conference on October 25, 2022, Providing Updates on Bitcoin Marketplace and Various Initiatives

BitNile to Present at the LD Micro Main Event XV Investor Conference on October 25, 2022

LAS VEGAS--(BUSINESS WIRE)---- $AP #Ault_Alliance--BitNile Holdings Reschedules Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies

BitNile Holdings Reschedules Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies

LAS VEGAS--(BUSINESS WIRE)---- $AP #140_million_shares--BitNile Holdings' Imperalis Holdings (to be Renamed TurnOnGreen), Files Registration Statement Related to Planned Share Dividend to NILE Shareholders

BitNile Holdings Subsidiary, Imperalis Holdings (to be Renamed TurnOnGreen), Files Registration Statement Related to Planned Dividend to BitNile Holdings Shareholders

LAS VEGAS--(BUSINESS WIRE)---- $AP #Adtech_Pharma--BitNile Holdings to Host Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies on Monday, October 17, 2022

BitNile Holdings to Host Investor Webcast and Conference Call Regarding Planned Spin-Offs Creating Four Public Companies on Monday, October 17, 2022

LAS VEGAS--(BUSINESS WIRE)---- $AP #BITMAIN--BitNile Holdings Adds Google Alum Frank Frausto as Vice President of Marketing; Hire Comes as BitNile Looks to Launch Innovative Bitcoin Marketplace

BitNile Holdings Adds Google Alum Frank Frausto as Vice President of Marketing

LAS VEGAS--(BUSINESS WIRE)---- $AP #BITMAIN--BitNile Holdings Announces Preliminary Q3 2022 Revenue of $49 Million, up 182% from Q2 2022 & for the Nine Months ended Sept. 30, 2022 of $99 Million

BitNile Holdings Announces Preliminary Q3 2022 Revenue of $49 Million, up 182% from Q2 2022

Electronic Arts

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Race to the top in Need for Speed™ Unbound, the next generation street racing fantasy releasing December 2.

Race to the Top in Need for Speed™ Unbound, the Next Generation Street Racing Fantasy Releasing December 2

BitNile Holdings

LAS VEGAS & FAYETTEVILLE, Ark.--(BUSINESS WIRE)---- $AP #100_oil_wells--BitNile Holdings, Inc. (“BitNile”) (NYSE American: NILE) and White River Energy Corp (“White River”) (OTC: FRTM), today announced that Ault Energy, LLC (“Ault Energy”), a wholly owned subsidiary of BitNile, and White River Operating LLC (“WR Ops”), a wholly owned subsidiary of White River, have successfully completed drilling a 9,531 foot well, the Harry O'Neal 20-9 No. 1 (the “O'Neal No. 1 Well”), on White River's oil and gas mineral lease in Ho

White River Energy and BitNile Holdings' Subsidiary, Ault Energy, Successfully Complete Drilling Project in Holmes County, Mississippi

MILPITAS, Calif.--(BUSINESS WIRE)---- $AP #ACRA--TurnOnGreen President, Marcus Charuvastra, Invited to Capitol Hill to Speak on Panel for American Car Rental Assoc; Focus on EV Infrastructure Growth

TurnOnGreen President, Marcus Charuvastra, Invited to Capitol Hill to Speak on Panel for the American Car Rental Association

LAS VEGAS--(BUSINESS WIRE)---- $AP #ARBK--BitNile Holdings Projects Daily Bitcoin Mining Production Run Rate of 4.7 Bitcoin End of September 2022; Nearly Doubling to 9.33 BTC by Year End 2022

BitNile Holdings Projects Bitcoin Mining Production Run Rate of 4.7 Bitcoin per Day by the End of September 2022, Nearly Doubling by End of the Year to 9.33 Bitcoin per Day

News for Ampco-Pittsburgh Stock (AP)