CUI News

Orbital Energy Group, Inc. (Nasdaq: OEG) ("Orbital Energy" or the "Company") today reported unaudited financial results for the three months ended March 31, 2020.

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / CUI Global, Inc. (CUI) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 30, 2020 at 5:00 PM Eastern ...

TUALATIN, Ore. , Nov. 12, 2019 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), (the "Company") today reported unaudited financial results for the three and nine months ended September 30, 2019 ...

CUI Global, Inc. (Nasdaq: CUI) ("CUI Global" or the "Company") today announced that it plans to release financial results for its fourth quarter and full year ended December 31, 2019 after market close on Monday, March 30, 2020.

CUI Global, Inc. (Nasdaq: CUI) ("CUI Global" or the "Company") today announced the closing of the acquisition of Reach Construction Group ("Reach"), a privately held engineering, procurement and construction ("EPC") company, specializing in utility-scale solar construction throughout North America, effective April 1, 2020.

CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") announced today that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to $5.0 million of CUI Global common stock at market prices. The number of shares to be repurchased and the timing of the purchases will be determined at the discretion of the Company and repurchases may be discontinued at any time.

CUI Global, Inc. (Nasdaq: CUI) ("CUI Global" or the "Company") announced today that on March 24, 2020, it entered into a definitive agreement to acquire Reach Construction Group, LLC, an industry-leading solar construction company. The transaction will consist of third-party debt and company equity valued at approximately $37.0 million (excluding working capital and certain other adjustments upon closing). The acquisition is expected to close within the next 20 days, subject to customary closing conditions.

Orbital Energy Group, Inc. (Nasdaq: OEG) ("Orbital Energy" or the "Company") today announced that it plans to release financial results for its first quarter ended March 31, 2020 after market close on Wednesday, May 20, 2020.

TUALATIN, Ore. , Nov. 5, 2019 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI) today announced that it will issue the financial results for its fiscal third quarter ended September 30, 2019 after market ...

The Tualatin-based company has made several major moves over the fall to exit one of its two main markets.

Q4 2019 CUI Global Inc Earnings Call

CUI Global, Inc. (NASDAQ: CUI) ("CUI Global" or the "Company") today announced that its wholly-owned subsidiary, Orbital Gas Systems Ltd. ("Orbital"), the leader in innovative gas measurement solutions, has been awarded a contract by a major UK energy provider to design, produce and commission its first-ever biomethane-to-grid plants for the UK water industry.

CUI Global, Inc. (NASDAQ: CUI) announced today that its wholly-owned energy subsidiary, Orbital Gas Systems North America ("Orbital" or the "Company"), has recently received and deployed orders for the Company's proprietary VE Technology from several Fortune 100 energy companies in the Oil & Gas industry based in Houston, Dallas and Charlotte, NC, for trace mercury measurement in oil and gas.

Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has entered into an asset purchase agreement (the “Agreement”) with CUI Global Inc. (CUI), in which CUI will sell the majority of its Power business (the “CUI Power Business”) to Bel for $32.0 million, plus the assumption of certain liabilities and subject to closing working capital adjustments. Based in Tualatin, Oregon, the CUI Power Business, a division of CUI Global Inc., had TTM sales of approximately $37 million with products and distribution that offer strong opportunities for growth.

CUI Global, Inc. ("CUI Global" or the "Company") announced today it will change its name to Orbital Energy Group, Inc. ("Orbital Energy"), effective immediately. The new name reflects the Company's strategic repositioning to become a diversified energy infrastructure services company. Orbital Energy's common shares will continue to be listed for trading on the Nasdaq under the new ticker symbol 'OEG' beginning at market opening on Monday, May 11, 2020. In conjunction with the name change, the Company will be launching a new corporate website at www.orbitalenergygroup.com.

- CUI Global Retains Investment in Virtual Power Systems - TUALATIN, Ore. and JERSEY CITY, N.J. , Nov. 11, 2019 /PRNewswire/ -- CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") and Bel Fuse Inc. ...

CUI Global, Inc. (NASDAQ: CUI), (the "Company") today announced the completion of the sale of the majority of its Power business to Bel Fuse (Nasdaq: BELFA and Nasdaq: BELFB) for $32.0 million in cash, subject to post-closing adjustments. The Company expects to utilize the proceeds from the sale to implement its strategy to build an infrastructure services company and for general corporate purposes.

Q3 2019 CUI Global Inc Earnings Call

CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") announced today that it has received written notice from the Nasdaq Stock Market ("Nasdaq") Listing Qualifications Staff on December 17, 2019, indicating that the Company has regained compliance with the minimum bid price requirement as set forth in Nasdaq Capital Markets Listing Rule 5550(a)(2). Nasdaq considers the matter closed.

CUI Global, Inc. (Nasdaq: CUI) ("CUI Global" or the "Company") today reported unaudited financial results for the three and twelve months ended December 31, 2019.