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Orthobiologics Market Insights: CAGR of 5.7% Projected from 2023 to 2031, Reaching Over USD 10.3 Bn 12-19-2024 08:27 PM CET | Health & Medicine Press release from: Transparency Market Research Orthobiologics Market Orthobiologics are a rapidly advancing sector within the field of medical sciences, specifically tailored to enhance the repair and regeneration of musculoskeletal tissues. These biological products are typically derived from natural substances found in the body and are utilized in orthopedics to accelerate the healing of injuries involving bones, muscles, tendons, and ligaments. With increasing advancements in biotechnology and a growing focus on personalized medicine, the orthobiologics market is experiencing robust growth. This blog post delves into the market's dynamics, segmentation, and future outlook. The orthobiologics market has grown significantly in recent years due to technological advancements and an increasing focus on regenerative medicine. These products, including demineralized bone matrix, hydroxyapatite, and growth factors, are playing a crucial role in orthopedic surgeries, sports medicine, and trauma recovery. This growth is fueled by a rising incidence of orthopedic disorders, coupled with the growing adoption of minimally invasive surgical techniques. Unlock crucial data and key findings from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1747&utm_source=OpenPR_Ajay&utm_medium=OpenPR Additionally, the aging global population and the rise in sports-related injuries are significant drivers of market expansion. Orthobiologics are becoming a preferred choice among healthcare providers due to their ability to enhance recovery time and improve patient outcomes, making them indispensable in modern medicine. Competitive Landscape The orthobiologics market is characterized by intense competition among leading players, including Medtronic, DePuy Synthes, Stryker Corporation, Zimmer Biomet, and Bioventus. These companies are leveraging strategies such as mergers and acquisitions, strategic partnerships, and product innovation to gain a competitive edge. Moreover, the emergence of new market entrants focusing on niche applications and innovative products is intensifying competition. Investment in research and development and expansion into emerging markets are also key strategies employed by companies to solidify their market position. Emerging Trends Advancements in biomaterials and the growing integration of technology in orthobiologics are shaping the future of the market. For instance, the use of 3D printing in creating customized implants and grafts is gaining momentum, offering improved precision and patient-specific solutions. Another noteworthy trend is the increasing focus on personalized medicine. Orthobiologics tailored to individual genetic profiles are expected to revolutionize patient care by enhancing treatment efficacy and minimizing adverse effects. Market Dynamics The orthobiologics market is influenced by several factors, including increasing healthcare expenditure, rising awareness about regenerative therapies, and advancements in biotechnology. These dynamics have created a favorable environment for the adoption of orthobiologics in orthopedic procedures. However, high costs associated with orthobiologic products and stringent regulatory requirements pose challenges to market growth. Addressing these barriers through cost-effective solutions and streamlined regulatory pathways will be critical for sustained market expansion. Opportunities and Challenges The growing prevalence of musculoskeletal disorders and an aging population present significant opportunities for the orthobiologics market. Emerging economies, with their expanding healthcare infrastructure, offer untapped potential for market players. On the flip side, challenges such as high product costs, limited reimbursement policies, and potential risks associated with certain orthobiologic products need to be addressed. Continued innovation and strategic collaborations will be essential to overcoming these challenges and capitalizing on market opportunities. Future Outlook The future of the orthobiologics market looks promising, with a projected CAGR of 5.7% from 2023 to 2031. Innovations in regenerative medicine, coupled with advancements in biotechnology, are expected to drive market growth and improve patient outcomes. Additionally, the integration of artificial intelligence and data analytics into product development and treatment planning is likely to enhance the efficiency and effectiveness of orthobiologics, further bolstering market growth. Review our report to gain deeper insights and understanding - https://www.transparencymarketresearch.com/orthobiologics-market.html Consumer Behavior Consumers are increasingly seeking minimally invasive and efficient treatment options, driving the demand for orthobiologics. The growing awareness of regenerative therapies and their benefits is influencing patient preferences and healthcare decisions. Furthermore, the shift towards value-based healthcare models emphasizes patient satisfaction and long-term outcomes, making orthobiologics a preferred choice for both patients and healthcare providers. Regional Analysis North America remains the largest market for orthobiologics, supported by a well-established healthcare infrastructure, high adoption of advanced technologies, and significant investments in research and development. The United States, in particular, leads the market due to its robust orthopedic care facilities. The Asia Pacific region, on the other hand, is emerging as a lucrative market, driven by a large patient pool, rising healthcare expenditure, and increasing awareness about advanced orthopedic treatments. Countries like China and India are expected to witness significant growth in the coming years. Explore Latest Research Reports by Transparency Market Research: Surgical Staplers Market - https://www.transparencymarketresearch.com/surgical-staplers-market.html Spinal Implants Market - https://www.transparencymarketresearch.com/spinal-implants-market.html Pediatric Medical Devices Market - https://www.transparencymarketresearch.com/pediatric-medical-devices-market.html About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact: Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Email: sales@transparencymarketresearch.com Follow Us: LinkedIn| Twitter| Blog | YouTube This release was published on openPR.
New regulations going into effectGREENSBORO — When former President Jimmy Carter announced he had cancer in 2015, Kari Baumann was among people from around the country to flock to Carter's Sunday school class at Maranatha Baptist Church in Plains, Georgia. “He had on a coat and a bolo tie and slacks,” said Baumann, who was a member of Greensboro's College Park Baptist Church at the time and is now pastor to children and families there. “He taught about forgiveness.” The class was held in the church's sanctuary, which was overflowing, and Carter took pictures after regular services were over with anyone who asked. Baumann had already read all his books. “I think that mostly what I walked away with was the humility of someone who had such an impact on our nation,” Baumann said in February of 2023. Kari Baumann of Greensboro with Jimmy and Rosalyn Carter at their Plains, Ga. church. Baumann said she was most impressed by the former president's humility. The country's 39th president, who had been a preacher at heart, died Sunday at the age of 100. North Carolinians who had brushes with the world leader who lived out his life post-presidency through his faith and public service shared those memories earlier this year after Carter decided to transition to hospice care. People are also reading... "He was one of the only people I've met who had enough and knew it, so he and Rosalynn could wake up every day and focus on doing the next right thing," said Gary Gunderson, who oversees spiritual-care services at Atrium Health Wake Forest Baptist in Winston-Salem. Gunderson, who worked for Carter to start the Interfaith Health Program in 1994 that collaborated with the U.S. Centers for Disease Control and the World Health Organization to partner with faith communities on health issues, said Carter was a "practical visionary" with a sense of moral urgency. "Where others would think of months, he'd ask, "Why not 4 p.m.?" Gunderson said. The oldest living American president until his death, Carter visited the Triad numerous times during his 1976 presidential campaign and later, including a 1989 trip to Elon University on its centennial, where he met members of the campus Habitat for Humanity chapter. He had earlier partnered with the national Habitat group to build and promote affordable housing. "We all thought, and I think it's true, that he only came because we had a Habitat chapter," joked John Barnhill, one of the founding members of the chapter. Former President Jimmy Carter talks to the media during a press conference at Elon College's Fine Arts Building before he spoke at convocation ceremonies at the campus on April 25, 1989. Barnhill remembers watching Carter getting out of his motorcade at a house the group had been refurbishing. "He took off his suit jacket and rolled up his sleeves and wanted to meet every person," Barnhill said. "I remember him reaching up to Brinkley (then a young boy on someone's shoulder), saying, 'Hey, I'm Jimmy.' He was as gracious as he could be." Barnhill was president of the chapter that year, and in a playful moment one of the other members stepped forward and said, "Mr. President, I'd like to introduce you to Jimmy Carter." Barnhill stepped in front of Carter. "And he's standing there with this big smile," Barnhill said of Carter, who got the joke. "It was one of those magical moments that stay with you." Carter did not take part in any Greensboro or Winston-Salem Habitat builds over the years, but he helped expand the ability of Habitat families to have homes of their own. "We have certainly benefited from his involvement and the increased visibility he brought to the organization," said Christine Byrd of neighboring Habitat Humanity of Greater Greensboro. "He will be greatly missed." As a presidential candidate, Carter saw small towns and burgeoning cities like those in the heart of North Carolina as the route to the Democratic nomination. And those who showed up at his rallies saw a genuineness that would earn him votes. The future president’s visit to Hickory while a candidate included a stop in Morganton where he burst into fluent Spanish to the surprise of a Morganton crowd and accepted a basket of peanuts from a Girl Scout "that are about as good as the ones I grow," according to the Hickory Record's reporting from the time. He then went to Hickory where he addressed a crowd at Lenoir-Rhyne University — then known as Lenoir-Rhyne College — estimated at 1,600 people. Another Hickory resident, Doug Auer, also noted the significance of having a candidate from the South. During the 1976 election cycle, Auer was at two events with Carter in his role as a member of the Democratic Party committee of Tompkins County in upstate New York. Auer said people who lived in the Northeast were arrogant about the South. They did not think much about the South, and their perceptions were shaped by television shows such as "Hee Haw," he said. Carter helped to challenge some of those preconceptions, Auer said. Former News & Record reporter Jim Schlosser was assigned to follow Carter several times as a candidate and as president. “He always had that big smile and everywhere he went in High Point, people seemed to like him,” Schlosser remembered of a 1976 campaign visit to that city. “You had the feeling that he was going to win, and he did.” Schlosser also got a closer view than most of the president during the Democratic National Convention and while being on the other side of a closed-door meeting between the president and North Carolina Gov. Jim Hunt at the White House. “Everyone used to call him a peanut farmer (as a slight), but he was very educated,” Schlosser said. Yet he wasn't above being a peanut farmer, Gunderson said. "He was a nuclear scientist, governor and president, but also a deacon who was not above mowing the lawn of his church, " Gunderson said. As president, Carter was said to be shocked by the 1979 Klan-Nazi shootings in Greensboro and ordered an investigation into the deaths of five demonstrators shot and killed by members of the Ku Klux Klan and American Nazi Party. It was a story Schlosser also covered. "The resurgence of the Klan, not only in the South but other parts of the country, is a matter of concern to this president and this administration," White House press secretary Jody Powell said at a new conference days later. President Jimmy Carter shakes hands with the crowd after delivering an address at Wait Chapel at Wake Forest University concerning the Soviet threat, March 17, 1978. To the right of Carter is Fifth District Congressman Steve Neal. In one of his visits to Winston-Salem in 1978 as president, Carter gave a speech at Wake Forest University on defense policy. During the speech, Carter warned Americans about the threat of the Soviet Union. On Oct. 9, 1980, Carter spoke at the Dixie Classic Fair. When he arrived, parents put their children on their shoulders so the kids could see the president. The Winston-Salem State University Band played. There were local and state Democratic politicians waiting for the president to arrive. When Carter showed up at Smith Reynolds Airport, he was with then-Winston-Salem Mayor Wayne Corpening and other high-ranking Democrats. Several hundred people crowded outside the fence at the airport to catch a glimpse of the president. An issue that meant a lot to local farmers was foreign tobacco that had been designated as scrap being sold in the United States cheaper than the price the farmers got for their crop. Carter told the crowd he would order the U.S. Department of Agriculture to look into the matter and close the loophole that allowed the price difference. He later attended a $500 a couple fundraiser at Tanglewood Park Manor House where he told 600 people from across North Carolina that the upcoming election against Ronald Reagan “could be more important than how much money you make next year, or where your child goes to college. It could be more important than the quality of the automobile you buy or where you live in a neighborhood. ...” Carter left immediately after speaking and went to Smith Reynolds to fly to Tallahassee, Florida. The last time Carter visited Winston-Salem was April 25, 2009, for a regional meeting of the New Baptist Covenant, of which he was the co-chairman. He delivered a sermon during a worship service at Wait Chapel on the Wake Forest campus. While Baptists were dealing with divisive cultural issues, Carter delivered a message about the importance of Christians in general and Baptists in particular setting aside their differences to focus on the part of Christianity that matters. "In Jesus Christ, you are all children of God," Carter said. He was thoughtful as president and as a person of his faith, said Michael Usey of College Park, who met Carter when he was a student at Emory University and participated on Habitat projects that the former president visited. He respects that Carter "tried to do all the good" that he could with all the power that he had, he said. "A president cannot always turn the other cheek," Usey said, but "part of peacemaking is validating the legitimate concerns of the enemy." Usey also recalls the time when, as book editor for "Baptist Today," he wrote to Carter asking him to name his favorite book. "He told me it was, "Let Us Now Praise Famous Men," Usey said of the book about the lives of impoverished tenant farmers. "I've just always admired him." Baumann likened Carter's work to a saying she had picked up from what the late author and pastor Eugene Peterson called "a long obedience in the same direction." “He would never say that he did everything perfectly, but he tried to show up and be faithful to who he believed God was,” Baumann said. “That’s what I think of every time I think of Jimmy Carter.” Bill Leonard, the founding dean of the Wake Forest University Divinity School, recalls Carter going on Bill Maher's "Real Time with Bill Maher" talk show to discuss a book he had written focusing on women and faith. "Maher started in on him and said something like, 'Well, you’ve written this book about women and Christianity, but the church has not always treated women very well,'" recalled Leonard, who was watching it on television. "Carter said something like, 'Yes, the church has not always treated women right, but Jesus did.' Maher, who makes no secret of his disdain of religion, had to change the subject." The Sunday school teacher was always prepared, Leonard said. "I always like to joke that he couldn’t deal with Jimmy Carter and Jesus that night," said Leonard, who also spent time with Carter at The Carter Center in Georgia and on the Wake Forest campus. Although Gunderson thinks Carter would have loved to have more years to do more work, he isn't surprised that Carter chose to forgo additional medical care for end-of-life care. "His decision to choose hospice care is consistent with the rest of his life — practical, wise and selfless," Gunderson said. "His choice will result in many thousands of others making this good decision in the same manner." Gunderson was speaking right after Carter made that decision in February of 2023. He died more than 22 months later, and about 13 months after the death of his beloved wife Rosalynn. "Teaching till the very end of his life with his life," Gunderson said. Nancy.McLaughlin@greensboro.com 336-373-7049 @nmclaughlinNR Kevin Griffin and Melissa Hall contributed to this story. Stay up-to-date on the latest in local and national government and political topics with our newsletter. {{description}} Email notifications are only sent once a day, and only if there are new matching items.
Longview’s defense has been a game-changer throughout the 2024 football season, and will need to step up again when it faces Klein Collins’ high-scoring offensive attack during Saturday’s UIL 6A Division II Region II semifinal at Lufkin’s Abe Martin Stadium. Every Texas high school football program sets an early season goal to practice and play the week of Thanksgiving, and Longview appreciates the fact that it has reached this point over the past five seasons. “We’re very thankful for the opportunity to continue our season,” said Longview athletic director and head football coach John King. “It is nice to be practicing the week of Thanksgiving. We need to try and make the most of it.” Longview’s defensive play has been one of the biggest factors in this year’s run because it limited its first 12 opponents to an average of 16.5 points per game. That success rate is expected to be tested by a 7-5 Klein Collins’ offense that averaged 32 points in the same amount of outings this season, and earned a 70-21 area round win against The Woodlands College Park on Nov. 22, so the Lobos are preparing for players like Braydon Schoggin, Carlton Hayden, KaJuan Gathers and Ty’drick Finley. “They’re very potent,” King said of Longview’s opponent this week. “They’re good at running the football, and they can use the quarterback in the run game. They [also] control the ball with play-action [passes], so they’re going to be difficult to prepare for.” Luckily for 10-2 Longview, its defensive unit is finding its stride at the right time. It started the current month with back-to-back shutout wins against District 10-6A opponents North Forney and Royse City between Nov. 1 and Nov. 8. The group then recorded 28 tackles for loss, 12 sacks, four fumble recoveries, three pass breakups, two forced fumbles, two defensive scores and one interception between the 23-13 bi-district playoff-opening home win against Naaman Forest at Lobo Stadium on Nov. 15 and the come-from-behind 35-28 overtime neutral site area round win against Lancaster at Dallas’ John Kincaide Stadium on Nov. 22. Many Longview players have contributed to their defense’s season-long and recent success. Kason Brooks has been the most efficient standout with 132 tackles, 31 tackles for loss, 13 sacks, three touchdowns, two pass breakups, one interception, one forced fumble and one fumble recovery in 2024. Joining that production has been Jamayis Morrow’s 122 tackles, five tackles for loss, three forced fumbles, two fumble recoveries, two pass breakups and one sack, and Brenden Reese’s 106 tackles, 18 tackles for loss, five sacks, two pass breakups, one interception and one forced fumble. “Everybody’s important on the team, but our senior leadership has been good this year,” King said of Longview players like Brooks, Morrow and Reese. “Those guys have stepped up and led the right way.” Longview also benefited from fellow defensive leader Isaiah Horton’s 74 tackles, 21 tackles for loss, 10 sacks, one fumble recovery and one touchdown during the first 11 games in 2024 before he suffered a season-ending injury during the bi-district outing. The Lobos have expected a lot from their reliable trio since the UIL postseason began, so they know a possible advancement past their 2023 UIL 5A Division I Region II semifinal finish will depend on the entire unit continuing to answer the call. That has already been on display through two playoff games because Morrow has produced 26 tackles, three tackles for loss and two sacks, Brooks has recorded 24 tackles, eight sacks and five tackles for loss, and Reese has earned 20 tackles, three tackles for loss and one sack. “Our defense has been strong all year, and it’s just a never-say-die mentality,” said King. “We’ve lost some guys to injury, and it’s been next man up.”
FSK Completes Public Offering of $100 million 6.125% Unsecured Notes Due 2030
When you buy through our links, Business Insider may earn an affiliate commission. Learn more Keeping your cat's litter box clean is essential for ensuring their health and keeping your house smelling fresh, but daily scooping can be an unpleasant job. Some people may also find it a physically difficult task. Purchasing one of the best automatic litter boxes that does the majority of the cleaning for you can be a convenient solution. For this guide, we spoke to veterinarians and cat behaviorists for advice on what makes a good automatic litter box, which is also known as a self-cleaning litter box. We then tested nine models, ranking each on key features including safety, ease of use, and cleaning efficiency. The Whisker Litter-Robot 4 is pricey, but it's hands-down the best automatic litter box we tested. It is appropriate for cats of most sizes and needs, equipped with smart features and tracking via app, and operates quietly. Ultimately, when choosing among the best cat litter boxes , the right one for you and your felines will be safe, accessible, and large enough for them to use comfortably. It should scoop and store waste with minimal odor and sound and be easy to deep clean. Read more about how Insider Reviews tests and researches pet products . Our top picks for the best automatic litter boxes Best overall: Whisker Litter-Robot 4 - See at Chewy Best dust-free: CatGenie A.I. - See at Amazon Best budget: Petsafe Scoop Free - See at Chewy Best overall The Whisker Litter-Robot 4 has a whisper-quiet design and offers ample size and feline-friendly features suitable for small, large, and mobility-impaired cats. Check mark icon A check mark. It indicates a confirmation of your intended interaction. Self-cleans and requires minimal upkeep Check mark icon A check mark. It indicates a confirmation of your intended interaction. Smart features include app notifications and weight monitoring Check mark icon A check mark. It indicates a confirmation of your intended interaction. Has odor-locking waste drawer Check mark icon A check mark. It indicates a confirmation of your intended interaction. 90-day trial and 1-year warranty Check mark icon A check mark. It indicates a confirmation of your intended interaction. Available in two colors con icon Two crossed lines that form an 'X'. Takes some time to introduce cats properly con icon Two crossed lines that form an 'X'. Some cats may be frightened by the shape or automatic cleaning features con icon Two crossed lines that form an 'X'. Not suitable for kittens under 3 lbs. con icon Two crossed lines that form an 'X'. Expensive con icon Two crossed lines that form an 'X'. Requires clumping litter con icon Two crossed lines that form an 'X'. Seniors must climb a step to access the box Specifics Interior size: 18” D x 19” W x 15-17" H Exterior size: 27” D x 22” W x 29.5” H Step: 6.9" H Entrance: 12" from ground, 15.75" W x 15.75" H Unit-specific supplies: Waste drawer liners App: Yes Litter type: Any clumping litter Returns and warranty: 90-day returns, 1-year warranty Despite its hefty price tag, the Litter-Robot 4 performed so effectively that it landed in the top spot among the best automatic litter boxes. The device uses laser and weight sensor technology to accurately detect your cat's litter box use. When your cat exits, the unit rotates around a sifting cylinder to separate waste, then disposes it into a drawer and returns clean litter to the globe. The companion smartphone app tells you when the waste drawer is full and how much clean litter is left. Depending on the number of cats and litter boxes in your home, you'll only need to empty the waste compartment every couple of weeks or so. And you'll only need to deep clean the box every one to three months. Automatic litter boxes scare some cats, says Dr. Leanne Lilly , a veterinarian and assistant professor of behavioral medicine at The Ohio State University Veterinary Medical Center. But the Litter-Robot 4 keeps sound at a whisper level, making it more cat-friendly. If you're a light sleeper, you can set the app to sleep mode to prevent the unit from cycling. This box is also one of our recommendations for the best large litter boxes , and it's a good option for cats with limited mobility. If your kitty needs an extra boost, you can purchase a waste drawer with an attached step . Plus, Whisker offers some of the best litter box furniture to conceal the box if its sleek, modern design doesn't complement your decor. Whisker has improved the Litter-Robot 4's design to resolve issues from previous generations, like leaks and jamming. Still, this version occasionally cycles without a cat entering, and if you place it on carpet instead of a hard floor, it gives inaccurate cat weights unless you place the machine on the Litter-Robot Carpet Tray (sold separately for $30). If you'd like to spend a little less and don't need the smart features, the Litter-Robot 3 may be a great option. It can detect cats over 5 pounds and ranks high in safety. However, it has a slightly smaller entrance. Read our full Whisker Litter-Robot 4 review . Best dust-free The CatGenie A.I. uses a wastewater system and reusable plastic granules as litter. This no-dust litter box option eliminates the need for additional cleaning. Check mark icon A check mark. It indicates a confirmation of your intended interaction. Washable granules never need replacement Check mark icon A check mark. It indicates a confirmation of your intended interaction. No dust Check mark icon A check mark. It indicates a confirmation of your intended interaction. Doesn't require deep cleaning Check mark icon A check mark. It indicates a confirmation of your intended interaction. Can use as an open or hooded box Check mark icon A check mark. It indicates a confirmation of your intended interaction. Never need to scoop or empty waste con icon Two crossed lines that form an 'X'. Must hook up to water line con icon Two crossed lines that form an 'X'. Has long and loud cleaning cycle con icon Two crossed lines that form an 'X'. Cats may not like washable granules or smell of cleaning solution Specifics Interior size: 15" diameter, 1" litter depth Exterior size: 19.25" wide in front, 17.5" wide at top, 21" tall, 24.5" deep Step: None Entrance: 9" from ground, 8" wide, 8" tall Unit-specific supplies: SaniSolution App: Yes Litter type: CatGenie Washable Granules Return policy and warranty: 90-day returns, 2-year warranty The CatGenie A.I. makes nasty clouds of dust a thing of the past. This box uses washable, nontoxic granules as litter. Once your cat leaves the box, the CatGenie flushes away liquid waste and scoops out solid waste, disposing of both using your wastewater system. It then washes the granules and dries them. You never need to replace these granules unless your cat tracks too many out of the box. I've topped mine up just once or twice in the past few years. However, you'll need to replace the SaniSolution cleanser cartridge every three to four months. There's also no need to deep clean this box. That said, it has the longest cleaning cycle of the best automatic litter boxes we recommend. It takes about 30 minutes, which may be too long if you have multiple cats and one needs to use the box shortly after the other exits. The noise of the cleaning cycle may also scare some cats away. While my cats loved watching the cleaning cycle and using the litter box at first, they eventually lost interest. I suspect they prefer litter with smaller, softer granules. This litter box requires both electrical and plumbing connections. You'll connect the water intake hose to a sink, toilet, or washing machine and then connect the drain hose to a toilet rim or drainpipe. You can use the companion app to cycle the CatGenie at specific times rather than automatically once your cat leaves the box. Some users said they programmed theirs to cycle once per night since the warm drying phase can produce an odor, particularly after a cat poops in the box. If your cat tends to spray high, fling litter, or prefers a private toilet, you can purchase the GenieDome and Sidewalls set as add-ons or with the premium CatGenie package. Best budget The simple design of this litter box didn't intimidate our tester cats, and the box works hard to keep the pan constantly clean and fresh. Check mark icon A check mark. It indicates a confirmation of your intended interaction. Easy to set up and use Check mark icon A check mark. It indicates a confirmation of your intended interaction. Covered compartment holds solid waste Check mark icon A check mark. It indicates a confirmation of your intended interaction. Uses odor-absorbent and dust-free proprietary litter Check mark icon A check mark. It indicates a confirmation of your intended interaction. Tracks how often a cat uses the box Check mark icon A check mark. It indicates a confirmation of your intended interaction. Disposable trays can be easily thrown out Check mark icon A check mark. It indicates a confirmation of your intended interaction. Front-entry and top-entry models con icon Two crossed lines that form an 'X'. Uses crystal litter only con icon Two crossed lines that form an 'X'. Waste compartment is small con icon Two crossed lines that form an 'X'. Lots of litter tracking con icon Two crossed lines that form an 'X'. Must buy disposable litter trays Specifics Interior size: 15.5" L x 14" W x 6" H, 1" litter depth Exterior size: 27" L x 19" W x 6" H for open box, 16" H for covered and top-entry models Step: None Entrance height: 6" Unit-specific supplies: Petsafe litter trays App: No Litter type: Petsafe crystal litter recommended Returns and warranty: 45 days, refund excludes shipping costs; 1-year warranty The Petsafe Scoop Free is one of the few automatic boxes with both good reviews and a design that resembles the large boxes recommended by vets and cat behaviorists. Despite its basic appearance, Scoop Free meets our testing standards for performance, safety, and cat-friendly features for around $200. It's designed for use with crystal litter and disposable leak-proof trays, both sold by Petsafe. However, if you're uncomfortable with the extra cost and waste produced by the replacement trays , you can purchase a reusable tray . Disposable litter trays do have some perks, though. Swapping the used tray for a fresh one and wiping down the unit makes deep cleaning this litter box a breeze. The Scoop Free doesn't have a waste compartment like the other raking units we tested. Liquid waste is absorbed and left in the tray, while solid waste is raked into the covered litter tray 20 minutes after your cat exits the box. Petsafe recommends replacing the litter tray every 12 to 14 days. However, this timeframe will depend on your cat's usage, and you may need to remove solid waste before then. The rake moves solids into the waste trap effectively, but if your cat has diarrhea or a soft stool, it could leave you with a smelly mess. You can choose from three box designs: open, covered with a front entry , or the model we recommend as one best top-entry litter boxes . We tested the open design, which our experts prefer over covered litter boxes. All boxes have an entry point just over 6 inches from the ground, which may be too high for some cats with mobility issues. My cats had never used crystal litter before, but they loved this box and used it without issue. The first Scoop Free litter box we tested arrived with a faulty safety sensor, but there were no issues with the replacement box we received. Read our full Petsafe Scoop Free litter box review . What to look for in a self-cleaning litter box Based on information from our experts, research, and testing, we recommend considering these essential features when choosing among the best automatic litter boxes: Accessibility: Some cats will need a more easily accessible box due to age, medical conditions, or mobility limitations. Geller suggests looking for a box with a ramp or ramp attachment, like the one you can purchase for Litter-Robot 4. If your cat has mobility issues, you may want to skip the Scoop Free box. According to the manual , it's not intended for use by very senior cats or cats with physical limitations. Size: The best litter box for your cat should be 1.5 times their length, measured from their nose to tail, according to our experts. Although we prioritized litter boxes with spacious interiors, most automatic litter boxes simply aren't big enough for large breed cats, based on these size recommendations. Litter depth: Cats have a natural instinct to dig and bury their waste, and they prefer at least 2 to 3 inches of one of the best cat litters to do so, says Rachel Geller , a certified cat behavior and retention specialist and founder of All Cats All the Time, Inc. However, we discovered that most automatic litter boxes offer a shallow litter depth. The CatGenie and Scoop Free models provide only an inch of substrate below their maximum fill line, while the Litter-Robot offers up to 2 inches. If your cat prefers to dig in deep litter, an automatic box may not be ideal for their needs. Ease of assembly and cleaning: When testing boxes, we considered setup features like assembly time, user-friendly design, and the ease of routine cleaning. We also evaluated litter tracking and designs that minimize messes in the home. The best automatic litter boxes require minimal effort on your part. Price: Geller says a major drawback of automatic cat litter boxes is their price tag. These boxes don't come cheap. "If you have a cat who has a long history of being picky about her box, an automatic litter box might be a failed investment," she says. We tested automatic boxes at a range of price points and evaluated our selections with return policies and warranties in mind. How we tested the best automatic litter boxes To get more guidance on choosing the best automatic litter boxes, we consulted four experts and used their criteria to narrow down our picks. Dr. Mark Freeman is a board-certified veterinarian and assistant professor of community practice at Virginia-Maryland College of Veterinary Medicine. Dr. Leanne Lilly is a fear-free certified veterinarian and assistant professor of behavioral medicine at The Ohio State University Veterinary Medical Center. Rachel Geller is a certified cat behavior and retention specialist and founder of All Cats All the Time, Inc. Dr. Denise Johnson is a fear-free certified veterinarian and cat behavior consultant (CCBC) at IndeVets who specializes in behavioral health and low-stress handling. I tested each litter box for two weeks, assessing factors like ease of use, accessibility, noise, tracking, and overall cleaning efficiency. I stopped testing any boxes that weren't safe for my cats to use. For example, the Pet Zone Smart Scoop didn't have safety features, so I eliminated it from testing shortly after setup. Cleaning test: I evaluated how well each box performed its main functions: how often the box cleaned itself, if any waste remained after cleaning, how long the cleaning process lasted, and how often the litter box required maintenance. A daily sniff test determined whether the box kept odors under control. Ease of entry test: I gave higher consideration to litter boxes with accessible entrances — low-entry or a ramp or stairs — to suit small cats and seniors or mobility-impaired cats. I also observed my cats using the litter boxes, noting which entry point they chose and any hesitation associated with entering. Size of the interior: The interior of a litter box should be one and a half times the size of a cat, says Johnson. This length provides cats plenty of room to turn around and do their business. I gave higher consideration to boxes with larger interiors that could accommodate cats of different sizes. Noise test: The sound of an automatic litter box could startle cats, resulting in them finding other places to urinate and defecate, Lilly explains. To test the noise level of each litter box, I downloaded the application "Sound Meter" and recorded the maximum and average decibel rating of each litter box while it completed a full cycle. Ease of use: During the testing period, I noted how much maintenance each litter box required. I also factored in any additional purchases, like special litter, waste bags, or cleaning supplies. Safety: I immediately removed from consideration any boxes that had faulty safety features or didn't come with safety features. I noted the sensitivity of the safety features and documented if they worked as advertised. A noteworthy example is the Litter-Robot 4, which uses both motion-detecting lasers and weight-sensor technology to detect cats. The Scoop Free and CatGenie use motion-detecting lasers. Setup: I recorded how long it took to set up the litter box and whether I needed help from the user manual, app, or customer service. I also considered customer service accessibility and responsiveness. Tracking: During the two-week testing period, I collected loose litter on the floor to compare tracking volume. I also recorded how far away the litter ended up from the litter box. Exterior design: I considered the size and aesthetic qualities of the litter box, focusing on features cat parents might consider important and visually appealing. Examples include modern and sleek design, color options to complement home decor, and quality materials. Self-cleaning litter box FAQs The best automatic litter box is safe, accessible, and has an interior large enough for your cat to comfortably turn around and do their business. It should scoop and store waste with little odor and noise, and it shouldn't require much extra maintenance from you. For this guide, we selected the Litter-Robot 4 as the best automatic litter box due to features like its spacious interior, quiet operation, accessibility features, and sleek design. We also included the budget-friendly Petsafe Scoop Free and the dust-free CatGenie. The best automatic box for you and your cat will depend on your budget and your cat's specific needs and preferences. Many cats will use an automatic box with the proper introduction, but some will never switch. It's important to consider your cat's personality and preferences, Geller says. Cats with a history of litter box selectiveness or skittish behavior may not want to use automatic boxes, and you'll want to offer a box your cat will comfortably use. Otherwise, you'll likely end up with regular messes outside the box. Additionally, Geller advises against placing litter boxes near startling sounds. For example, you might consider installing a CatGenie in a bathroom close to the rooms where you and your cats spend most of your time and away from noisy appliances like the washing machine. Geller recommends introducing the new box slowly and with positive reinforcement. In other words, praise your cat and give them a treat when you see them checking out the box or interacting with it. Once your cat gets comfortable around the automatic litter box, add litter without turning on the self-cleaning function. Use a litter they're familiar with so they know exactly what the box is for. Then, begin by manually cycling it a few times a day while interacting with your cat in a way they enjoy. For example, pet them and praise them while operating the box. This can help desensitize them to the sound and movement. To transition your cat to using an automatic box, Geller says to start by placing it near their old litter box. However, don't put any litter in yet. Allow your cat to explore the box on their own terms, and don't pick them up and place them inside. When you see your cat interacting with the litter box, praise them. After you add litter and your cat has used the box a few times, turn on the cleaning feature. Then, gradually move the traditional box farther away from the new one — just a couple of inches per day. During this transition period, Geller says to praise your cat for desired bathroom behaviors with treats, play, affection, or verbal praise. Only remove the old one once your cat uses the new box regularly. According to Johnson, cats have a natural instinct to hide eliminations and prefer boxes that reduce the chances of encountering another cat's waste. Automatic litter boxes remove waste after each use to quickly provide a clean litter box, but Lilly says they may not be ideal for cats with mobility issues, a history of litter box problems, or diseases that affect their urine or stool. In fact, monitoring elimination frequency and quality can be crucial to detecting feline health issues early. Whisker CEO and President Jacob Zuppke says technological updates planned for Litter-Robot 4 may help address these concerns. For instance, AI-based behavioral learning can help track cats' bathroom habits. By analyzing data from litter box usage, the AI system learns each cat's unique patterns and habits and can alert you to changes that may suggest a health concern. That said, we didn't consider smart features like this when choosing the best automatic litter boxes. According to Whisker, the Litter-Robot 4 should be deep cleaned every one to three months. However, Freeman says cleaning litter boxes with soap and water every week or two is ideal. Self-cleaning litter boxes keep boxes clean and prevent unpleasant household odors by using various mechanisms to remove waste. For example, Litter-Robot 4 rotates a sifting cylinder to separate the waste from clean litter and deposits waste in an odor-trapping drawer. CatGenie, on the other hand, flushes away waste and uses washable granules as litter. The Scoop Free box rakes clumps of waste into a covered compartment 20 minutes after your cat exits the box. If your cat has a history of litter box issues, arthritis, mobility issues, or health conditions that require bathroom monitoring, our experts say it may not be worth investing in a self-cleaning litter box. If your cat has no issues using various types of litter boxes, however, an automatic box can help minimize your hands-on time with the litter box while also ensuring your cat always has a clean box to use. This saves you time and suits your cat's natural instincts and hygiene needs. When choosing the best self-cleaning litter boxes, we considered their prices, return policies, and warranties. Our recommendations include options with a minimum 45-day return policy and a one-year warranty. Our experts say to provide cats with at least one litter box per cat, plus an additional box — even when using automatic litter boxes that remove waste right away. "You want every cat in the household to be able to eliminate at the same time," says Lilly. "One extra is in case a cat prefers to urinate in one and defecate in the other, which isn't uncommon."Workday Announces Fiscal 2025 Third Quarter Financial Results
Singapore's Prime Minister and Minister for Finance Lawrence Wong will make his introductory official visit to Thailand tomorrow. He will be the first foreign head of government that Prime Minister Paetongtarn Shinawatra will host in the kingdom. The visit holds great significance for both countries as Singapore and Thailand prepare to celebrate 60 years of diplomatic relations next year. This joyous occasion also coincides with the 60th birthday of Singapore. Thailand was one of the first countries to recognise Singapore's independence on Aug 9, 1965. However, our two countries' deep friendship goes back much further. Even before modern Singapore was founded, Siamese merchants visited Singapore regularly for trading activities when Singapore was still a British colony in the 19th century. In March 1871, His Majesty King Rama V (King Chulalongkorn) made Singapore the first foreign destination ever visited by a Siamese monarch. His Majesty gave a bronze elephant statue to the people of Singapore as a gift to commemorate the momentous occasion. This state visit also marked the start of close ties between Singapore and Thailand. Today, the monument continues to stand proudly at Singapore's Old Parliament House, an enduring reminder of the long history of amity and friendship our two countries share. As we look back at the past 59 years of bilateral relations, both countries have become steadfast partners in many areas, including defence, civil service cooperation, as well as in trade and investments. Our relations are multi-faceted and have always been based on mutual trust and benefit. Several key areas continue to underpin the warm ties between Singapore and Thailand. First, our economic relationship is substantive and strong. Singapore and Thailand have always been among each other's top 10 trading partners. Singapore also continues to be a steadfast investor in Thailand because we believe in Thailand's economic potential. Last year, Singapore was the second-largest foreign investor in Thailand, with an investment value of $4.8 billion Singapore dollars. Our growing trade and investment links reflect the upward trajectory of our bilateral relationship. Second, our people-to-people ties are robust. For instance, the Singapore–Thailand Civil Service Exchange Programme was created in 1998 to institutionalise civil service exchanges and enable officials to forge stronger links and learn from each other in order to better serve our peoples. There are also over 70 Singapore schools that have established partnerships with Thai schools and offer valuable opportunities for youths in both Thailand and Singapore to broaden their horizons. Thailand is a popular tourist destination for Singaporeans, and vice-versa. Over one million visitors from Singapore made Thailand their holiday destination in 2023 -- which is about one in every six persons of our 5.9 million population! Culturally, there are many traces of Thai culture and influence in Singapore. One prime example is Wat Ananda Metyarama, the oldest Thai temple in Singapore. Having been in Singapore for over 100 years, the temple is a unique blend of Thai and Singaporean culture and is a sanctuary for Buddhists to congregate and appreciate the varied aspects of Thai culture. While our relationship is mature, both countries are continually exploring new areas of cooperation and have become trailblazers in a variety of fields. For instance, Singapore and Thailand established the world's first real-time payment system linkage between Singapore's PayNow and Thailand's PromptPay in 2021 to enable our citizens to remit funds quickly, conveniently and at low cost. This has further laid the groundwork for Singapore and Thailand to pursue convenient cross-border payments with our fellow Asean member states and beyond. Similarly, we paved the way by launching the first exchange-level depository receipts tie-up in Asean with the Thailand-Singapore Depository Receipts Linkage. Investors in our two countries can now directly buy and sell shares of publicly-listed Singapore companies and Thai companies through their local broker arrangements and in their local currency, which will contribute to a more accessible and integrated Asean stock exchange market. As with the progress we have made in digital economy cooperation, there is more that Singapore and Thailand can do together and we are hopeful that Prime Minister Wong's visit would spur both sides to announce new areas of interest. As we celebrate the 60th anniversary of diplomatic relations next year, Singapore and Thailand have agreed to commemorate this under the theme "Singapore-Thailand: Realising Opportunities for New Growth – STRONG @ 60". It demonstrates both the progress and potential of Singapore-Thailand relations and captures both countries' desire to work even closer together. More significantly, STRONG @ 60 represents a commitment to build on the already solid foundation between Singapore and Thailand to chart an ambitious and comprehensive agenda and break new ground for the mutual benefit of our peoples. Catherine Wong is Ambassador Extraordinary and Plenipotentiary of the Republic of Singapore to the Kingdom of Thailand.Kellogg's first year, Wetherholt's draft day and All-American Milum among top WVU stories in 2024First Bancorp ( NASDAQ:FBNC – Get Free Report ) announced a quarterly dividend on Monday, October 28th, Wall Street Journal reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.22 per share by the financial services provider on Saturday, January 25th. This represents a $0.88 annualized dividend and a yield of 1.98%. The ex-dividend date is Tuesday, December 31st. First Bancorp has increased its dividend payment by an average of 6.9% per year over the last three years. First Bancorp has a payout ratio of 28.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect First Bancorp to earn $3.08 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 28.6%. First Bancorp Stock Performance Shares of FBNC stock opened at $44.40 on Friday. The stock’s 50-day moving average is $45.45 and its two-hundred day moving average is $41.14. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.82 and a current ratio of 0.83. First Bancorp has a 1 year low of $29.53 and a 1 year high of $50.34. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 17.90 and a beta of 1.04. Analyst Ratings Changes A number of brokerages have recently commented on FBNC. StockNews.com cut shares of First Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, October 24th. Keefe, Bruyette & Woods lifted their price objective on shares of First Bancorp from $49.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Read Our Latest Stock Analysis on First Bancorp About First Bancorp ( Get Free Report ) First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. Recommended Stories Receive News & Ratings for First Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .
SCHEID FAMILY WINES REPORTS SECOND QUARTER FISCAL 2025 RESULTSWednesday’s college basketball schedule features plenty of excitement, including a matchup between the Cornell Big Red and the Syracuse Orange, and there are our best bets against the spread for 10 games below. Watch men’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .NITDA alerts Nigerians to malicious links in Spotify playlistsDeFlock is an open-source project designed by an Alabama software engineer with the aim of helping ... [+] people know if automatic license plate readers, or ALPR, cameras are in their area. A new open-source project called DeFlock is shining a spotlight on the widespread use of Automated License Plate Readers, or ALPRs, as debates about surveillance and privacy remain front of mind for many. DeFlock enables communities to map and monitor the locations of ALPR cameras, empowering individuals to push back against unchecked surveillance practices. Flock And Other ALPRs Under the Microscope Automated License Plate Readers are electronic devices designed to capture and store license plate data from passing vehicles. While these tools are widely promoted by law enforcement to combat crime, their expanding presence has sparked concerns over privacy and accountability. Critics argue that ALPRs can be misused for mass surveillance, tracking individuals’ movements without their knowledge or consent. Flock Safety: A Dominant Player in ALPR Technology Flock Safety is a private company that provides ALPR technology primarily to neighborhoods, homeowners’ associations, and law enforcement agencies. Their cameras, marketed as tools for crime prevention, capture and store detailed information about vehicles, including license plate numbers, timestamps, and locations. Flock has positioned itself as a leader in surveillance innovation, promoting its systems as essential for public safety. However, critics argue that its approach prioritizes widespread data collection over privacy protections. The company’s network of cameras is rapidly expanding into residential areas, raising concerns about how this data is stored, who has access to it, and whether it’s being used responsibly. The 85 Best Black Friday Deals So Far, According To Our Editors 60+ Early Black Friday Deals Worth Shopping Right Now Putting the ‘Flock’ In ‘DeFlock’—Why Flock Safety Is Controversial Flock Safety has faced increasing scrutiny for its business model and the potential misuse of its data. As detailed in my Forbes article, "Warrantless Surveillance: Federal Lawsuit Challenges Flock Safety Cameras" , a federal lawsuit has been filed alleging that Flock’s systems enable unconstitutional warrantless surveillance. Key concerns include: Warrantless Surveillance : Flock Safety’s cameras record vehicle data 24/7, even in residential neighborhoods, creating a detailed log of where vehicles have been. Critics argue that this constitutes surveillance without individual consent or a warrant. Broad Data Sharing : Data collected by Flock Safety cameras is often shared with law enforcement agencies through its cloud-based platform. This raises questions about who owns the data and how it can be used. Lack of Oversight : With thousands of cameras deployed across the U.S., critics argue that there is insufficient oversight or regulation to ensure the technology is not misused, as illustrated by Forbes staff Thomas Brewster and Cyrus Farivar in their reporting of Flock’s installation and operation of devices without obtaining permission. Targeted Deployment in Marginalized Communities: Advocacy groups have raised concerns that Flock Safety’s technology could disproportionately target or monitor individuals in marginalized communities, exacerbating systemic biases. Public Pushback Grows Flock Safety’s expansion has triggered a growing wave of public pushback. Neighborhood groups, privacy advocates , and legal experts are questioning whether these systems strike the right balance between public safety and individual privacy. DeFlock’s work aligns with this movement, giving communities a tool to better understand and respond to the presence of ALPRs. By identifying where cameras are installed and how they operate, DeFlock empowers individuals to challenge the deployment of surveillance systems and advocate for privacy protections. If you have spotted an ALPR camera in your area, you can help DeFlock track it by following the instructions on their website .
The Jacksonville Jaguars have signed G Jerome Carvin and RB Myles Gaskin to their practice squad, per the transaction wire. In correspondence, the Jaguars have released P Matt Haack and LS Tucker Addington from the practice squad. Gaskin, 27, is a former seventh-round pick of the Dolphins back in 2019. He played out his four-year, $2.6 million rookie contract and became an unrestricted free agent. The Dolphins re-signed Gaskin to a one-year deal back in March of 2023 but he was among their final roster cuts heading into the season. From there, Gaskin joined the Vikings soon after before the Rams added him to their active roster. He signed with Minnesota’s practice squad before signing a futures deal with the team in January but was released coming out of the preseason. He was on and off the practice squad before being released in December. In 2024, Gaskin has appeared in five games for the Vikings and carried the ball three times for negative one rushing yard along with an 11-yard reception. This article first appeared on NFLTradeRumors.co and was syndicated with permission.
Palantir Technologies Inc PLTR can thank Elon Musk for its 275% year-to-date gain, according to Jim Cramer . What To Know: Palantir, which rallied nearly 50% over just the past month, maybe the only stock outshining Nvidia Corp NVDA this year, Cramer said Tuesday on CNBC’s “Squawk On The Street.” While both companies have recorded significant gains in 2024 driven by their positioning in the AI space, Cramer credits Musk for driving the recent momentum in Palantir shares. “Palantir is up a lot because I believe Musk is going to turn to them and say, ‘The Defense Department, it’s yours ... get rid of all those people,'” Cramer said. President-elect Donald Trump recently announced plans to nominate Musk and Vivek Ramaswamy to a new Department of Government Efficiency (DOGE) in an effort to curtail government spending. Cramer suggested that DOGE could turn to Palantir for help cutting defense budget spending. He noted that most people don’t realize that some government departments could be cut back substantially. The Tesla CEO could look to Palantir to modernize the Defense Department and reduce reliance on outdated methods of warfare. Palantir is adamant about creating systems that don’t put people in harm’s way, but the Defense Department is stuck in its ways, Cramer said. See Also: Musk, Ramaswamy Should Target TransDigm In Budget Cuts, Short Report Says: ‘Target #1’ For D.O.G.E. Why It Matters : Cramer’s take underscores how influential Musk is expected to be under the incoming Trump administration. It’s worth noting that DOGE wouldn’t actually be able to cut federal spending since it isn’t a real government department, and would need to be created with congressional approval. And Congress authorizes all federal spending, including to the Defense Department. “They like big things. Big expensive programs. Alex [Karp] is not like that,” Cramer said, referring to Palantir’s CEO. “Palantir has the next generation of how we’re going to do cyber warfare and the idea of just hardware, hardware, hardware that is constantly over budget is the kind of thing that I think Musk is really after.” Palantir shares ripped higher at the beginning of November after the company reported strong quarterly results driven by “unrelenting” AI demand. Revenue jumped 30% year-over-year and customer count climbed 39% on continued strength in the U.S. “The growth of our business is accelerating, and our financial performance is exceeding expectations as we meet an unwavering demand for the most advanced artificial intelligence technologies from our U.S. government and commercial customers," Karp said earlier this month. Price Action: Palantir shares were up 0.31% at $64.85 at the time of publication, according to Benzinga Pro . Read Next: Jim Cramer’s Apple Endorsement Sparks ‘Inverse Cramer’ Backlash As Social Media Users Mock His ‘Own It’ Advice Photo: Shutterstock. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Rosen Law Firm Encourages Winnebago Industries, Inc. Investors to Inquire About Securities Class Action Investigation - WGO
Did you know with an ad-lite subscription to Burnley Express, you get 70% fewer ads while viewing the news that matters to you. The Clarets extended their unbeaten run to 11 games by claiming a hard-earned point at the Riverside in their final game of 2024, just three days on from their big win against Sheffield United on Boxing Day. Parker, whose side are back in action again on New Year’s Day against Stoke City, had nothing but praise for his players, despite rueing a big Josh Brownhill miss that would have made it four wins on the spin. Advertisement Advertisement “I’m probably a little bit disappointed [not to get all three points],” he admitted. “I thought the game ebbed and flowed. But we have a glorious chance, in fact we have a couple to be fair, but we have a big chance with Browny and I don’t think you’d want a better man to put that in - he’s proven that over the course of the season - but he’s not managed to do that tonight. “I could forgive any of them for missing, but certainly Browny. “Overall it’s a good point. We’ve had some tough fixtures and I knew this would be a big test for us. Not just in terms of the opposition we were facing, but just in terms of where we were after a tough schedule. The fixtures have probably not been the best of friends since they came out at the start of the season - Sheffield United away on Boxing Day was a tough game and tonight as well. “But overall I’m really pleased with the team.” Advertisement Advertisement While Parker is pleased with the point, that’s not to say he was happy to settle for a draw having thrown on two strikers late on in search of a winner. It didn’t transpire, with Boro ending the game the stronger, but Parker felt he had to freshen things up having named an unchanged side for the third game running. “It was tempting to make changes, of course, but they’re the decisions as a manager you’re constantly having to face,” he added. “It wasn’t an easy decision but I think it was proven right. I did consider freshening things up to maybe give us a spark because we’ve just had a tough game at Sheffield United, but the players were superb. “We wanted to come here and get three points and I think the subs we made indicated that. We wanted to try and win the game. “We didn’t manage to do that but that was the idea.”
- Raising the mid-points of billings, revenue, margins, earnings per share, and free cash flow guidance ranges. - Janesh Moorjani appointed as chief financial officer. SAN FRANCISCO , Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the third quarter of fiscal 2025. All growth rates are compared to the third quarter of fiscal 2024, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document. Third Quarter Fiscal 2025 Financial Highlights "Autodesk is leading the industry in modernizing its go-to-market motion. These initiatives enable us to build larger and more durable direct relationships with our customers and to serve them more efficiently. We have already seen significant benefits from these optimization initiatives and there's more to come in the next phase," said Andrew Anagnost , Autodesk president and CEO. "We will continue to deploy capital to offset and buy forward dilution, a practice which has reduced our share count over the last three years, and have significantly extended the duration of our repurchase program by increasing our stock repurchase authorization. Our goal is to deliver sustainable shareholder value over many years." "We generated broad-based underlying growth across products and regions. Overall, macroeconomic, policy, and geopolitical challenges, and the underlying momentum of the business, were consistent with the last few quarters with continued strong renewal rates and headwinds to new business growth," said Betsy Rafael , Autodesk interim CFO. "Given Autodesk's sustained momentum in the third quarter, and smooth launch of the new transaction model in Western Europe , we are raising the midpoints of our billings, revenue, margins, earnings per share, and free cash flow guidance ranges." Additional Financial Details Third Quarter Fiscal 2025 Business Highlights Net Revenue by Geographic Area Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Change compared to prior fiscal year Constant currency change compared to prior fiscal year (In millions, except percentages) $ % % Net Revenue: Americas U.S. $ 579 $ 520 $ 59 11 % * Other Americas 126 120 6 5 % * Total Americas 705 640 65 10 % 11 % EMEA 580 516 64 12 % 13 % APAC 285 258 27 10 % 14 % Total Net Revenue $ 1,570 $ 1,414 $ 156 11 % 12 % ____________________ * Constant currency data not provided at this level. Net Revenue by Product Family Our product offerings are focused in four primary product families: Architecture, Engineering and Construction ("AEC"), AutoCAD and AutoCAD LT, Manufacturing ("MFG"), and Media and Entertainment ("M&E"). Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Change compared to prior fiscal year (In millions, except percentages) $ % AEC $ 751 $ 675 $ 76 11 % AutoCAD and AutoCAD LT 398 372 26 7 % MFG 307 269 38 14 % M&E 83 73 10 14 % Other 31 25 6 24 % Total Net Revenue $ 1,570 $ 1,414 $ 156 11 % Business Outlook The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties, some of which are set forth below under "Safe Harbor Statement." Autodesk's business outlook for the fourth quarter and full-year fiscal 2025 considers the current economic environment and foreign exchange currency rate environment. A reconciliation between the fiscal 2025 GAAP and non-GAAP estimates is provided below or in the tables following this press release. Fourth Quarter Fiscal 2025 Q4 FY25 Guidance Metrics Q4 FY25 (ending January 31, 2025) Revenue (in millions) $1,623 - $1,638 EPS GAAP $1.21 - $1.27 EPS non-GAAP (1) $2.10 - $2.16 ____________________ (1) Non-GAAP earnings per diluted share excludes $0.85 related to stock-based compensation expense, $0.17 for the amortization of both purchased intangibles and developed technologies, and $0.05 for acquisition-related costs, partially offset by ($0.18) related to GAAP-only tax charges. Full Year Fiscal 2025 FY25 Guidance Metrics FY25 (ending January 31, 2025) Billings (in millions) $5,900 - $5,980 Up 14% - 15% Revenue (in millions) (1) $6,115 - $6,130 Up approx. 11% GAAP operating margin 21.5% - 22% Non-GAAP operating margin (2) 35.5% - 36% EPS GAAP $4.95 - $5.01 EPS non-GAAP (3) $8.29 - $8.35 Free cash flow (in millions) (4) $1,470 - $1,500 ____________________ (1) Excluding the impact of foreign currency exchange rates and hedge gains/losses, revenue guidance range would be approximately 1 percentage point higher. (2) Non-GAAP operating margin excludes approximately 11% related to stock-based compensation expense, approximately 2% for the amortization of both purchased intangibles and developed technologies, and approximately 1% related to acquisition-related costs. (3) Non-GAAP earnings per diluted share excludes $3.15 related to stock-based compensation expense, $0.61 for the amortization of both purchased intangibles and developed technologies, $0.23 related to acquisition-related costs, and $0.04 related to losses on strategic investments, partially offset by ($0.69) related to GAAP-only tax charges. (4) Free cash flow is cash flow from operating activities less approximately $30 million of capital expenditures. The fourth quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 20 percent and 19 percent for GAAP and non-GAAP results, respectively. Shifts in geographic profitability continue to impact the annual effective tax rate due to significant differences in tax rates in various jurisdictions. Therefore, assumptions for the annual effective tax rate are evaluated regularly and may change based on the projected geographic mix of earnings. Earnings Conference Call and Webcast Autodesk will host its third quarter conference call today at 5 p.m. ET . The live broadcast can be accessed at autodesk.com/investor . A transcript of the opening commentary will also be available following the conference call. A replay of the broadcast will be available at 7 p.m. ET at autodesk.com/investor . This replay will be maintained on Autodesk's website for at least 12 months. Investor Presentation Details An investor presentation, Excel financials and other supplemental materials providing additional information can be found at autodesk.com/investor . Key Performance Metrics To help better understand our financial performance, we use several key performance metrics including billings, recurring revenue and net revenue retention rate. These metrics are key performance metrics and should be viewed independently of revenue and deferred revenue. These metrics are not intended to be combined with those items. We use these metrics to monitor the strength of our recurring business. We believe these metrics are useful to investors because they can help in monitoring the long-term health of our business. Our determination and presentation of these metrics may differ from that of other companies. The presentation of these metrics is meant to be considered in addition to, not as a substitute for or in isolation from, our financial measures prepared in accordance with GAAP. Glossary of Terms Billings: Total revenue plus the net change in deferred revenue from the beginning to the end of the period. Cloud Service Offerings : Represents individual term-based offerings deployed through web browser technologies or in a hybrid software and cloud configuration. Cloud service offerings that are bundled with other product offerings are not captured as a separate cloud service offering. Constant Currency (CC) Growth Rates: We attempt to represent the changes in the underlying business operations by eliminating fluctuations caused by changes in foreign currency exchange rates as well as eliminating hedge gains or losses recorded within the current and comparative periods. We calculate constant currency growth rates by (i) applying the applicable prior period exchange rates to current period results and (ii) excluding any gains or losses from foreign currency hedge contracts that are reported in the current and comparative periods. Design Business: Represents the combination of maintenance, product subscriptions, and all EBAs. Main products include, but are not limited to, AutoCAD, AutoCAD LT, Industry Collections, Revit, Inventor, Maya and 3ds Max. Certain products, such as our computer aided manufacturing solutions, incorporate both Design and Make functionality and are classified as Design. Enterprise Business Agreements (EBAs): Represents programs providing enterprise customers with token-based access to a broad pool of Autodesk products over a defined contract term. Flex: A pay-as-you-go consumption option to pre-purchase tokens to access any product available with Flex for a daily rate. Free Cash Flow: Cash flow from operating activities minus capital expenditures. Industry Collections: Autodesk Industry Collections are a combination of products and services that target a specific user objective and support a set of workflows for that objective. Our Industry Collections consist of: Autodesk Architecture, Engineering and Construction Collection, Autodesk Product Design and Manufacturing Collection, and Autodesk Media and Entertainment Collection. Maintenance Plan: Our maintenance plans provide our customers with a cost effective and predictable budgetary option to obtain the productivity benefits of our new releases and enhancements when and if released during the term of their contracts. Under our maintenance plans, customers are eligible to receive unspecified upgrades when and if available, and technical support. We recognize maintenance revenue over the term of the agreements, generally one year. Make Business: Represents certain cloud-based product subscriptions. Main products include, but are not limited to, Assemble, Autodesk Build, BIM Collaborate Pro, BuildingConnected, Fusion, and Flow Production Tracking. Certain products, such as Fusion, incorporate both Design and Make functionality and are classified as Make. Net Revenue Retention Rate (NR3): Measures the year-over-year change in Recurring Revenue for the population of customers that existed one year ago ("base customers"). Net revenue retention rate is calculated by dividing the current quarter Recurring Revenue related to base customers by the total corresponding quarter Recurring Revenue from one year ago. Recurring Revenue is based on USD reported revenue, and fluctuations caused by changes in foreign currency exchange rates and hedge gains or losses have not been eliminated. Recurring Revenue related to acquired companies, one year after acquisition, has been captured as existing customers until such data conforms to the calculation methodology. This may cause variability in the comparison. Other Revenue: Consists of revenue from consulting, and other products and services, and is recognized as the products are delivered and services are performed. Product Subscription: Provides customers a flexible, cost-effective way to access and manage 3D design, engineering, and entertainment software tools. Our product subscriptions currently represent a hybrid of desktop and cloud functionality, which provides a device-independent, collaborative design workflow for designers and their stakeholders. Recurring Revenue: Consists of the revenue for the period from our traditional maintenance plans, our subscription plan offerings, and certain Other revenue. It excludes subscription revenue related to third-party products. Recurring revenue acquired with the acquisition of a business is captured when total subscriptions are captured in our systems and may cause variability in the comparison of this calculation. Remaining Performance Obligations (RPO): The sum of total short-term, long-term, and unbilled deferred revenue. Current remaining performance obligations is the amount of revenue we expect to recognize in the next twelve months. Solution Provider : Solution Provider is the name of our channel partners who primarily serve our new transaction model customers worldwide. Solution Providers may also be resellers in relation to Autodesk solutions. Spend : The sum of cost of revenue and operating expenses. Subscription Plan: Comprises our term-based product subscriptions, cloud service offerings, and EBAs. Subscriptions represent a combined hybrid offering of desktop software and cloud functionality which provides a device-independent, collaborative design workflow for designers and their stakeholders. With subscription, customers can use our software anytime, anywhere, and get access to the latest updates to previous versions. Subscription Revenue: Includes our cloud-enabled term-based product subscriptions, cloud service offerings, and flexible EBAs. Unbilled Deferred Revenue: Unbilled deferred revenue represents contractually stated or committed orders under early renewal and multi-year billing plans for subscription, services, and maintenance for which the associated deferred revenue has not been recognized. Under FASB Accounting Standards Codification ("ASC") Topic 606, unbilled deferred revenue is not included as a receivable or deferred revenue on our Condensed Consolidated Balance Sheet. Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties, including quotations from management, statements in the paragraphs under "Business Outlook" above statements about our short-term and long-term goals, statements regarding our strategies, market and product positions, performance and results, and all statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our strategy to develop and introduce new products and services and to move to platforms and capabilities, exposing us to risks such as limited customer acceptance (both new and existing customers), costs related to product defects, and large expenditures; global economic and political conditions, including changes in monetary and fiscal policy, foreign exchange headwinds, recessionary fears, supply chain disruptions, resulting inflationary pressures and hiring conditions; geopolitical tension and armed conflicts, and extreme weather events; costs and challenges associated with strategic acquisitions and investments; our ability to successfully implement and expand our transaction model; dependency on international revenue and operations, exposing us to significant international regulatory, economic, intellectual property, collections, currency exchange rate, taxation, political, and other risks, including risks related to the war against Ukraine launched by Russia and our exit from Russia and the current conflict between Israel and Hamas; inability to predict subscription renewal rates and their impact on our future revenue and operating results; existing and increased competition and rapidly evolving technological changes; fluctuation of our financial results, key metrics and other operating metrics; our transition from up front to annual billings for multi-year contracts; deriving a substantial portion of our net revenue from a small number of solutions, including our AutoCAD-based software products and collections; any failure to successfully execute and manage initiatives to realign or introduce new business and sales initiatives, including our new transaction model for Flex; net revenue, billings, earnings, cash flow, or new or existing subscriptions shortfalls; social and ethical issues relating to the use of artificial intelligence in our offerings; our ability to maintain security levels and service performance meeting the expectations of our customers, and the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate performance degradation and security breaches; security incidents or other incidents compromising the integrity of our or our customers' offerings, services, data, or intellectual property; reliance on third parties to provide us with a number of operational and technical services as well as software; our highly complex software, which may contain undetected errors, defects, or vulnerabilities; increasing regulatory focus on privacy issues and expanding laws; governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls; protection of our intellectual property rights and intellectual property infringement claims from others; the government procurement process; fluctuations in currency exchange rates; our debt service obligations; and our investment portfolio consisting of a variety of investment vehicles that are subject to interest rate trends, market volatility, and other economic factors. Our estimates as to tax rate are based on current interpretations of existing tax law and could be affected by changing interpretations, further guidance, and additional tax legislation. Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk's Form 10-K and subsequent Forms 10-Q, which are on file with the U.S. Securities and Exchange Commission. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. About Autodesk The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything Autodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings and public conference calls and webcasts. Autodesk, AutoCAD, AutoCAD LT, BIM 360 and Fusion 360 are trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and service offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. © 2024 Autodesk, Inc. All rights reserved. Autodesk, Inc. Condensed Consolidated Statements of Operations (In millions, except per share data) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 (Unaudited) (Unaudited) Net revenue: Subscription $ 1,457 $ 1,314 $ 4,195 $ 3,777 Maintenance 9 12 31 40 Total subscription and maintenance revenue 1,466 1,326 4,226 3,817 Other 104 88 266 211 Total net revenue 1,570 1,414 4,492 4,028 Cost of revenue: Cost of subscription and maintenance revenue 105 94 305 285 Cost of other revenue 19 21 57 62 Amortization of developed technologies 23 12 62 34 Total cost of revenue 147 127 424 381 Gross profit 1,423 1,287 4,068 3,647 Operating expenses: Marketing and sales 525 439 1,474 1,344 Research and development 378 339 1,092 1,021 General and administrative 161 165 477 438 Amortization of purchased intangibles 13 10 37 31 Total operating expenses 1,077 953 3,080 2,834NexOptic Technology (CVE:NXO) Shares Down 20% – Here’s Why
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