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Applied UV, Inc. - $AUVI STOCK NEWS

Welcome to our dedicated page for Applied UV news (Ticker: $AUVI), a resource for investors and traders seeking the latest updates and insights on Applied UV 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 Applied UV'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 Applied UV's position in the market.

Rhea-AI Summary
Applied UV Inc. has been granted a patent for its Airo™ Vortex disinfection technology and Photocatalytic Oxidation (PCO). They have also received approval for a new patent for their Fighter Flex™ HVAC system, highlighting its innovative capabilities in improving indoor air quality. These achievements demonstrate Applied UV Inc.'s commitment to advancing innovation in the disinfection domain.
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Rhea-AI Sentiment
End-of-Day
7.66%
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partnership
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10.93%
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Rhea-AI Summary
Applied UV announces organizational restructuring plan to improve operational performance and drive shareholder value creation. The company aims to achieve consistent profitability and sustainable free cash flow. Initiatives include transferring disinfection-related product manufacturing to Canon, Virginia, collaborating on R&D with Canon, and launching a joint marketing campaign. Price increases and cost synergies are expected to improve gross margins and reduce SG&A costs. The company expects to achieve its revenue guidance of $45 million for 2023.
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Rhea-AI Sentiment
End-of-Day
-13.05%
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Rhea-AI Summary
Total revenues for Q2 2023 increased by 83.6% to $10.8 million compared to the same period in 2022. Gross profit grew by 84.8% to $2.4 million. Record backlog of $20 million. Reaffirms guidance of approximately $45 million in revenue for 2023.
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Rhea-AI Sentiment
End-of-Day
2.64%
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Rhea-AI Summary
Applied UV, Inc. (NASDAQ: AUVI) to host investor conference call and webcast on August 21, 2023 to review Q2 2023 financial results.
Rhea-AI Impact
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-1.64%
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conferences earnings
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Rhea-AI Summary
Applied UV, Inc. reports Q2 2023 total revenues of $10.8 million, up 83.6% YoY, and gross profit of $2.4 million, up 84.8% YoY. Reiterates guidance of $45 million in revenue for 2023.
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Rhea-AI Sentiment
End-of-Day
13.97%
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Rhea-AI Summary
Applied UV receives $2 million cash deposits on a $4 million order from hotel and multi-family developers for interior furnishings, showcasing expanding leadership in the hospitality sector. Record backlog of $22 million. Strategy to reduce reliance on China validated. Positive growth trajectory in the hospitality division. Establishing status as go-to domestic provider to the hospitality industry.
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-3.09%
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Rhea-AI Summary
Applied UV receives first purchase order for disinfecting mirrors from Mt. Sinai Hospital in New York after three years of investment and IP development
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-2.33%
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Rhea-AI Summary
Applied UV's subsidiary, PURO, and partner Academy Energy Group have been selected as a finalist for the GSA's Green Proving Ground program. The program aims to evaluate technologies that improve indoor air quality and reduce energy use. Two technologies, the PURO Fighter Flex system and the PURO Protect 222 system, were selected for the program.
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-3.97%
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News
Rhea-AI Summary
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-0.54%
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Applied UV, Inc.

Nasdaq:AUVI

AUVI Rankings

AUVI Stock Data

2.67M
4.23M
2.23%
0.08%
3.66%
Furnishings, Fixtures & Appliances
Consumer Cyclical
Link
United States of America
MOUNT VERNON

About AUVI

applied uv, inc. engages in the design, manufacture, assembly, and distribution of automated disinfecting mirror systems for use in hospitals and other healthcare facilities. the company also manufactures and supplies custom designed decorative framed mirrors, framed arts, and bathroom vanities primarily to the hospitality market. it has operations in the united states and internationally. applied uv, inc. was founded in 2012 and is headquartered in mount vernon, new york.