- nVent Electric PLC (NYSE:NVT) has made a new strategic investment in Iceotope Technologies Ltd. and plans for greater collaboration through a strategic alliance agreement. The financial terms were not disclosed.
- Iceotope’s precise immersion cooling solutions will be further integrated with nVent’s suite of accessories, power distribution, and advanced liquid cooling products, building upon nVent’s recent collaboration with Iceotope.
- The enhanced collaboration will offer cooling solutions for data center, edge, and computing applications.
- “I’m excited that nVent and Iceotope are deepening their collaboration to deliver innovative cooling solutions for data centers that are more sustainable,” commented nVent President of Enclosures Joe Ruzynski.
- Price Action: NVT shares are trading lower by 1.13% at $30.60 on the last check Wednesday.
Werner Enterprises Q3 EPS $0.79 Misses $0.95 Estimate, Sales $702.90M Beat $700.84M Estimate
Werner Enterprises (NASDAQ:WERN) reported quarterly earnings of $0.79 per share which missed the analyst consensus estimate of $0.95 by 16.84 percent. This is a 14.49 percent increase over earnings of $0.69 per share
