Welcome to our dedicated page for IMPX news (Ticker: IMPX), a resource for investors and traders seeking the latest updates and insights on IMPX stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect IMPX's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of IMPX's position in the market.
Harley-Davidson reported a 15% decline in global motorcycle shipments in Q2 2022, mainly due to a two-week production suspension. Revenue decreased 4% to $1.469 billion, with HDMC revenue down 5%. However, GAAP diluted EPS rose 10% to $1.46, supported by share repurchases. Operating income margins improved to 15.1%. Despite challenges, the company reaffirmed its 2022 guidance expecting a 5-10% revenue growth for HDMC. The LiveWire merger is projected to be publicly listed by late September.
Harley-Davidson reported a 5% revenue increase to $1.495 billion in Q1 2022, driven by a 6% growth in HDMC revenue and pricing strategies. However, operating income fell 16% to $289 million, impacted by supply chain issues and semiconductor shortages, with diluted EPS declining 14% to $1.45. Retail motorcycle sales rose 2%, primarily in EMEA and Asia Pacific, yet North American sales decreased by 5%. The company reaffirms its 2022 outlook, expecting 5-10% revenue growth and a decline in HDFS operating income by 20-25%. The merger with AEA-Bridges Impact Corp. for LiveWire is set to close mid-2022.
Harley-Davidson, Inc. (NYSE:HOG) reported strong 2021 results, achieving a 32% increase in total revenue, totaling $5.336 billion. The company's GAAP diluted EPS reached $4.19, a significant rise from $0.01 in 2020. The fourth quarter saw a 40% revenue growth to $1.016 billion, with GAAP diluted EPS of $0.14. However, the 2022 outlook forecasts a 20-25% decline in operating income for the Financial Services segment. Harley-Davidson plans to invest $190-$220 million into growth initiatives while managing supply chain challenges.
Harley-Davidson (HOG) and AEA-Bridges Impact Corp. (IMPX) announced a definitive agreement for a business combination that will lead to LiveWire, Harley's electric motorcycle division, becoming the first publicly traded EV motorcycle company in the U.S. The transaction is expected to close in the first half of 2022, providing LiveWire with approximately $600 million in combined funding including a $400 million cash trust from ABIC and investments from Harley and KYMCO. LiveWire aims to lead the electric motorcycle market, focusing on urban areas and leveraging the extensive manufacturing infrastructure of its partners.
AEA-Bridges Impact Corp. (NYSE: IMPX) announced a formal notice of non-compliance from the NYSE due to a delay in filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021. This delay was attributed to the SEC's recent guidance on warrant accounting for SPACs, prompting a re-evaluation of financial statements. The company believes this will not impact its acquisition strategy or financial performance and expects to file the Form 10-Q soon, remaining compliant with NYSE's standards.
FAQ
What is the market cap of IMPX (IMPX)?
