New Jersey American Water celebrates 61 graduates since launching the workforce development program in 2021

CAMDEN, N.J., Oct. 28, 2026 /PRNewswire/ -- New Jersey American Water today celebrated the fifth graduating class of Water UP!, a workforce development program that introduces participants to careers in the water and utility industry. The ceremony at the company's Camden headquarters recognized 10 members of the 2026 cohort alongside their families, community partners and employees. Since the program launched in 2021, Water UP! has graduated 61 participants.

"Celebrating five years of Water UP! is an incredible milestone, but what matters most is the opportunity this program creates for people to develop new skills and explore careers in the water industry," said Mark McDonough, president of New Jersey American Water. "We're proud to help prepare the next generation of utility professionals for an industry and a service that communities depend on every day."

Through Water UP!, participants spend 10 weeks building skills and exploring careers in the water and utility industry through classroom instruction, professional development, field experiences and hands-on training. The program covers financial literacy, customer service, leadership development, OSHA training and utility operations, giving participants a broad foundation as they consider their next steps.

That work also creates opportunities in the communities New Jersey American Water serves. Several members of this year's graduating class are Camden residents, making the program's return to the city especially meaningful.

Hopeworks, a Camden-based organization focused on helping young adults build skills, gain real-world experience and prepare for long-term careers, has played a vital role in Water UP! from the program's beginning. Hopeworks partnered with New Jersey American Water for the inaugural class in 2021 and returned for the program's fifth year to support participant recruitment and workforce readiness for the 2026 cohort.

"We are proud to partner with New Jersey American Water for the 2026 Water UP! cohort and help connect participants to meaningful career opportunities," said Dan Rhoton, chief executive officer of Hopeworks. "Programs like Water UP! give young adults exposure to industries they may not have otherwise considered while helping them build skills and confidence that can support long-term career success."

The program's return to Camden also highlights the role local partnerships play in connecting young adults with career opportunities and resources in their community.

"I can't say enough about American Water and everyone who has played a part in making this happen," said Camden Mayor Victor Carstarphen. "We're all in this together, from the mayor on down. All of our partners are here for our young people and young adults, working together to create opportunities and help make them a reality."

The 2026 graduates capped their 10-week experience by receiving certificates recognizing their completion of Water UP! During the ceremony, graduate Mia Morales reflected on the skills, experiences and career opportunities she gained through the program.

"Water UP! has given us the skills to enter the utility field with confidence and competence," said Mia Morales, a Hopeworks alumna and member of the program's 2026 graduating class, during her remarks at the ceremony. "I've been able to practice networking, receive feedback, work on my resume and elevator pitch, and learn how to change water meters and repair water main breaks. The experience helped me strengthen my communication skills, step outside my comfort zone and grow as a young professional."

Over the past five years, Water UP! has demonstrated the value of workforce development programs that introduce participants to water utility careers, build practical skills and connect communities with opportunities in an essential industry.

For more information about New Jersey American Water's workforce development initiatives, visit www.newjerseyamwater.com/waterup.

About American Water 

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 19 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram. 

Aboutâ¯New Jersey American Water⯠

New Jersey American Water,â¯a subsidiary of American Water (NYSE: AWK),â¯is the largest regulated water utility in the stateâ¯withâ¯approximatelyâ¯875â¯dedicated employees working toâ¯provideâ¯safe, clean,â¯reliable and affordable water and wastewater servicesâ¯to approximately 3 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on LinkedIn, Facebook, X, and Instagram.⯠ 

About Hopeworks

Hopeworks is a social enterprise that uses technology, healing and entrepreneurship to transform lives. Through high-demand technical training, paid work experience and real-world business experience, Hopeworks helps young adults build skills and pursue living-wage careers. The organization provides technology solutions in geographic information systems, revenue cycle management and web design.

SOURCE American Water

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Financing advances construction of a 700-key luxury hotel on Orlando's International Drive, developed by Flag Luxury Group and Unicorp National Developments, minutes from Walt Disney World, Universal Orlando, and Universal Epic Universe.

DALLAS, Oct. 28, 2026 /PRNewswire/ -- Civitas Capital Group ("Civitas") announced today that it has provided a $386 million senior construction loan to Flag Luxury Group ("Flag") and Unicorp National Developments, Inc. ("Unicorp"), for the InterContinental Orlando. The loan supports construction of a 700-key luxury hotel at 8001 International Drive, planned to include multiple food and beverage outlets, approximately 105,000 square feet of meeting and pre-function space, and a six-level parking garage with approximately 730 parking spaces. Other amenities include a conservatory, spa, fitness center, club lounge and pool.

"Civitas' credit platform is a national leader in large-scale construction financing with an active focus on the hospitality sector," said Austin Khan, Managing Director and Head of Investments for Civitas. "This transaction checked many of the boxes for our program, including experienced and well-capitalized sponsorship, outstanding market fundamentals, and the need for a creative structuring solution. Orlando is well represented by institutional ownership for large-scale trophy assets, and we are excited to be a part of bringing this hotel to market."

The InterContinental Orlando will rise on International Drive in the heart of Orlando's tourism corridor, three miles from Universal Epic Universe and minutes from Walt Disney World and Universal Orlando. According to Visit Orlando, The Official Tourism Association® for Orlando, Orlando was the most-visited destination in the United States in 2025, welcoming 76.7 million visitors.

"Unicorp has been building in Central Florida for decades, and International Drive has never had more momentum," said Chuck Whittall, President of Unicorp National Developments. "This loan allows us to break ground on the first phase of a multi-billion-dollar masterplan and will create jobs, anchor group business for the convention center, accommodate Epic Universe customers, and bring a world-class brand to the corridor."

The hotel will offer 700 guest rooms averaging approximately 471 square feet, including 33 junior suites, 50 suites, and five VIP and presidential suites. Guest amenities will include a spa and wellness facility with pool and fitness center, multiple food and beverage outlets, a business center, and the brand's signature Club InterContinental lounge. The property is positioned to reflect the evolution of the InterContinental brand, combining elevated amenities with culturally immersive programming.

"Closing this financing marks the moment that the InterContinental Orlando moves from vision to construction," said Paul Kanavos, Chairman and CEO of Flag Luxury Group. "Orlando is one of the great hospitality markets in the world, and this resort will be a flagship for Intercontinental hotels and will set a new standard for luxury on International Drive."

Site work is already underway, with vertical construction expected to begin in the first quarter of 2027 and completion expected in the third quarter of 2029. FINFROCK, a Florida-based vertically integrated design-build firm, will serve as general contractor. FINFROCK has completed more than $350 million in projects with the sponsorship and has delivered large-scale Orlando hospitality developments including the 2,800-room Endless Summer Resort at Universal Orlando and Terra Luna Resort adjacent to Universal Epic Universe.

JLL Hotels & Hospitality Group served as advisor to Flag and Unicorp in connection with the transaction.

ABOUT CIVITAS CAPITAL GROUP

Civitas Capital Group is a leading provider of bridge and construction financing nationwide. Since 2009, Civitas has originated over $3 billion of equity and debt transactions, always anchored by the firm's core values of Focused Creativity, Institutional Stewardship, and Respect & Grace. The firm digs deeper to uncover opportunities that others miss, combining decades of underwriting experience with flexible structuring and uncompromising integrity. The result: Civitas is trusted by real estate innovators to deliver creative solutions, disciplined execution, and enduring commitment. Learn more at civitascapital.com.

ABOUT FLAG LUXURY GROUP

Flag Luxury Group is a privately held, New York City-based real estate developer specializing in luxury hospitality, branded residences, entertainment, and retail projects in high-barrier, high-growth gateway markets. Founded in 1997 by Paul and Dayssi Kanavos, the firm evolved from The Flag Group, established in 1946, which developed over $4 billion in global hospitality assets. Since forming a strategic alliance with The Ritz-Carlton in 1997, Flag Luxury has developed more than $6 billion in projects, including multiple Ritz-Carlton properties across premier U.S. markets.

ABOUT UNICORP NATIONAL DEVELOPMENTS, INC.

Unicorp National Developments, Inc., is an award-winning real estate developer specializing in luxury multifamily, mixed-use destinations, hotels, and branded residences. Since 1998, the firm has developed more than $7 billion in projects across Florida, Texas, New York, and other high-growth markets, with over 10 million square feet currently in planning and construction. In Florida, Unicorp recently completed The St. Regis Longboat Key Resort; The Ritz-Carlton Residences, Orlando, Grande Lakes; and is about to begin the Ritz-Carlton Residences, Hammock Dunes. Unicorp is led by Founder and President Chuck Whittall.

ABOUT FINFROCK

FINFROCK is a Florida-based, vertically integrated design-build firm providing architecture, engineering, precast manufacturing, and general contracting services under one roof. Founded in 1945, the firm specializes in large-scale hospitality, multifamily, and commercial developments throughout the state.

ABOUT JLL

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries, and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

SOURCE CIVITAS CAPITAL GROUP

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Honeywell Aerospace to build new state-of-the-art manufacturing facility in Arizona to support growing commercial and defense demand

New facility planned for Tempe campus will create approximately 600 jobs and support current and next-generation aviation technologies and high-priority defense programs

PHOENIX, Oct. 28, 2026 /PRNewswire/ -- Honeywell Aerospace (NASDAQ: HONA) today announced a major expansion of its manufacturing facilities, strengthening the company's ability to meet growing demand across current and next-generation commercial aviation and defense programs.

The new $500 million, 300,000-square-foot Tempe, Arizona facility will include an integrated digital production system, modular robotics, automated inspection, digital twins, and be powered by an end-to-end digital thread. The facility will support the largest commercial and defense customers in aerospace and defense.

"Demand for technology from Honeywell Aerospace continues to accelerate across both commercial and defense markets, and this major investment ensures we can continue delivering for our customers while unlocking long-term growth for our shareholders," said Jim Currier, president and chief executive officer of Honeywell Aerospace. "This is an example of how our recent spin into an independent, publicly-traded Honeywell Aerospace allows us to make decisions and investments that support our growth and the future of aviation and defense."

The new facility, near the company's global headquarters, will create supply chain resilience by adding internal complex machining capability â a key area of the supply base that is currently constrained â while establishing a more vertically integrated production system for the next generation of products including Assure advanced actuation systems and Attune vapor cycle cooling subsystems.

Opening in late 2028, the advanced manufacturing facility will support customers' growth on current programs, $15 billion in Control Systems new program wins, and the future of aviation. The expansion will also provide capacity growth to support priority production of critical defense technologies included in the supplier framework agreement the company signed with the Department of War in March.

Over time the facility will create approximately 600 jobs, increasing the company's engineering depth and its skilled workforce. In addition, construction of the facility will support more than 1,000 local jobs.

"Arizona has been at the heart of our innovation and manufacturing operations for decades," Currier continued. "Expanding on our existing Tempe campus with this state-of-the-art new facility reinforces our commitment to this great state, our employees and the Arizona workforce, as well as the customers around the world who depend on our technology every day."

About Honeywell Aerospace

Honeywell Aerospace (Nasdaq: HONA) is an independent global aerospace and defense company whose critical technologies are broadly deployed on the world's leading commercial air transport, business aviation, defense and space platforms. These integrated solutions enable safer, more efficient and more reliable missions. Headquartered in Phoenix, Arizona, the company employs more than 36,000 people globally and supports more than 10,000 customers. With a broad portfolio spanning avionics and navigation systems, engines and power systems, and control systems for aircraft, Honeywell Aerospace combines commitment and deep engineering expertise to drive innovation and long-term value for the aerospace industry. For more information, visit www.honeywellaerospace.com or follow Honeywell Aerospace on LinkedIn.

Forward-looking statements

The discussions in the release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, estimates, forecasts, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, customer demand, and other relevant factors, many of which are difficult to predict and outside of our control.

These forward-looking statements should be considered in light of the information included in this release with our filings with the Securities and Exchange Commission. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law.

Contacts:

Media

Adam Kress

602-760-6252

[email protected]

SOURCE Honeywell Aerospace Inc.

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New hotel contracts and robotics expansion support progress toward Group profitability

SINGAPORE & KUALA LUMPUR, Malaysia, Oct. 28, 2026 /PRNewswire/ -- YYForce Inc. (NASDAQ: YFOR) ("YYForce" or the "Company"), a technology-enabled provider of workforce solutions, integrated facility management and robotics deployment services, today announced new hospitality contracts and expanding commercial service robotics deployments in Malaysia. Supported by these developments, management is targeting US$20 million in revenue from its Malaysian operations for fiscal year 2027. The target represents approximately 100% growth compared with management's FY2026 Malaysian revenue expectation of approximately US$10 million.

The Company's Malaysian subsidiary has signed service agreements with international hotel operators, expanding its hospitality customer base. These agreements, together with ongoing robotics deployments, support YYForce's strategy of combining workforce services with facility automation to address customers' operational needs.

The FY2027 revenue target is a forward-looking management objective and does not represent revenue already secured undersigned contracts. Achievement will depend on contract implementation, customer service volumes, retention and renewals, additional business development, and the availability of personnel, equipment and working capital. The FY2026 comparison is based on management's current expectations, rather than completed full-year results, and remains subject to finalization.

Expanding Workforce and Robotics Services

YYForce's Malaysian delivery model combines flexible workforce services with commercial service robotics across hospitality and facility operations. Applications include cleaning, internal logistics and guest-service support, with deployments tailored to each property's requirements.

By integrating personnel and robotics within its service offering, YYForce aims to help customers improve service consistency, manage labor constraints and increase operational efficiency. The Company also intends to expand ongoing maintenance and operational support services alongside its robotics deployments.

Progress Toward Group Profitability

Malaysia's expansion forms part of YYForce's broader growth strategy across Singapore, Hong Kong SAR, Thailand, Dubai and Egypt. The Company is focused on customer retention, disciplined contract pricing, deployment execution and cost management as it develops its workforce, facility management and robotics businesses.

YYForce believes increased scale and an improved service mix could support better operating leverage over time. Consolidated profitability will also depend on contract margins, performance across other markets, corporate expenses, financing costs and other factors.

The Company's objective remains to achieve sustainable Group-wide profitability. This announcement does not establish a specific date for achieving consolidated net profit.

Management Commentary

"New hospitality contracts and expanding robotics deployments in Malaysia demonstrate customer demand for integrated workforce and facility solutions," said Mike Fu, Chief Executive Officer of YYForce. "Our focus is on converting that demand into dependable service, disciplined growth and stronger operating performance."

"We are targeting US$20 million in Malaysian revenue for FY2027, with close attention to delivery costs, working capital and contract profitability. Alongside our operations in other markets, we believe this expansion can support the Group's progress toward sustainable profitability and long-term shareholder value."

About YYForce Inc.

YYForce Inc. (NASDAQ: YFOR) is a Singapore-headquartered, technology-enabled provider of workforce solutions and integrated facility management services. The Company is expanding its use of AI-enabled workforce management tools, digital estate management platforms and commercial service robotics to support customers across hospitality, commercial properties and other service-intensive sectors.

For more information, visit www.yyforce.ai.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on the Company's current expectations, assumptions and information available to it as of the date of this release. Forward-looking statements can be identified by words such as "may," "will," "should," "expects," "anticipates," "plans," "intends," "believes," "estimates," "potential" or similar expressions, or the negative of these terms.

Forward-looking statements in this release include, but are not limited to, statements regarding the Company's FY2027 Malaysian revenue target, expected FY2026 Malaysian revenue, anticipated revenue growth, contract implementation, customer demand, robotics deployments, international expansion, operating leverage and progress toward Group-wide profitability. The revenue target does not represent a guarantee of contracted revenue or future results.

Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur, actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors. These factors include, but are not limited to, the Company's goals and strategies; the Company's future business development, financial condition and results of operations, including the introduction of new products and services, expected changes in the Company's revenues, costs and expenditures, anticipated customer growth, and demand for and market acceptance of the Company's products and services; and industry, market and regulatory conditions, including competition, government policies and regulations affecting the Company's industry, and other factors that may affect the Company's financial condition, liquidity and results of operations.

For a more detailed discussion of risk factors, please refer to the Company's filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section of the Company's most recent annual report on Form 20-F, as amended. Readers should also consider the risks described in the Company's filings with the U.S. Securities and Exchange Commission. YYForce undertakes no obligation to update these statements except as required by applicable law.

Investor Relations Contact

YYForce Inc.

Investor Relations Department

Email: [email protected]

Website: www.yyforce.ai

SOURCE YYForce Inc.

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- Regional Operations increased revenue 1% on a same-store basis

- MGM China achieved record quarterly revenue as well as record quarterly market share of 17.1%

- BetMGM North America Venture distributions and branding license fees to MGM Resorts totaled $34 million in 3Q2026

LAS VEGAS, Oct. 28, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2026.

"MGM Resorts remains highly focused on the successful operations of our businesses. Our trailing twelve months Las Vegas Strip Resorts Segment Adjusted EBITDAR has grown by nearly 70% since calendar year 2019 and, while lower room rates during the third quarter impacted our results, October has rebounded favorably. Our diverse portfolio remains an advantage, with MGM China achieving 5% revenue growth and strong market share performance, while our digital businesses - including our BetMGM North America Venture and MGM Digital - reported strong topline growth during the third quarter," said Bill Hornbuckle, President & CEO of MGM Resorts International. "MGM Resorts remains dedicated to our mission to be the world's largest gaming and entertainment company with global integrated resorts, a leading digital presence, and, notably, an enviable growth pipeline with MGM Osaka to drive future value."

"The amended voting agreement announced earlier today establishes a highly supportive framework that enables MGM Resorts to confidently pursue value-creating share repurchases as part of our ongoing commitment to enhancing shareholder value and driving longer-term growth," said Jonathan Halkyard, Chief Financial Officer of MGM Resorts International. "The combination of our attractive stock valuation, the repurchase of nearly half of our outstanding share count over the past five years, and pivotal growth drivers - including our digital portfolio and MGM Osaka - positions the company as a premier long-term opportunity."

Third Quarter 2026 Financial Highlights:

Consolidated Results

- Consolidated revenue of $4.2 billion, a decrease of 1% compared to the prior year quarter

- Net loss attributable to MGM Resorts was $17 million in the current quarter compared to net loss attributable to MGM Resorts of $285 million in the prior year quarter

- Consolidated Adjusted EBITDA of $403 million in the current quarter compared to $506 million in the prior year quarter

- Diluted loss per share of $0.07 in the current quarter compared to a loss per share of $1.05 in the prior year quarter

- Adjusted diluted earnings (loss) per share ("Adjusted EPS") of $(0.11) in the current quarter compared to $0.24 in the prior year quarter

Las Vegas Strip Resorts

- Revenue of $2.0 billion in the current quarter, a decrease of 2% compared to the prior year quarter

- Segment Adjusted EBITDAR of $531 million in the current quarter compared to $601 million in the prior year quarter, a decrease of 12%

Regional Operations

- Revenue of $883 million in the current quarter compared to $957 million in the prior year quarter, a decrease of 8%

- Same-store revenue (adjusted for dispositions) of $883 million in the current quarter compared to $873 million in the prior year quarter, an increase of 1%

- Segment Adjusted EBITDAR of $243 million in the current quarter compared to $296 million in the prior year quarter, a decrease of 18%

- Same-Store Segment Adjusted EBITDAR of $243 million in the current quarter compared to $260 million in the prior year quarter, a decrease of 7%

MGM China

- Revenue of $1.1 billion in the current quarter, an increase of 5% compared to the prior year quarter

- Segment Adjusted EBITDAR of $264 million in the current quarter compared to $284 million in the prior year quarter, a decrease of 7%

- Intercompany branding license fee expense increased by $22 million over the prior year quarter

MGM Digital (1)

- Revenue of $184 million in the current quarter compared to $174 million in the prior year quarter, an increase of 6%

- Segment Adjusted EBITDAR loss of $4 million in the current quarter compared to a loss of $23 million in the prior year quarter

Adjusted EPS

The following table reconciles diluted loss per share ("EPS") to Adjusted EPS (approximate EPS impact shown, per share; positive adjustments represent charges to income):

Las Vegas Strip Resorts

The following table shows key gaming statistics for Las Vegas Strip Resorts:

The following table shows key hotel statistics for Las Vegas Strip Resorts:

Regional Operations

The following table shows key gaming statistics for Regional Operations:

MGM China

The following table shows key gaming statistics for MGM China:

Intercompany branding license fee expense for MGM China, which eliminates in consolidation, was $41 million in the current quarter and $19 million in the prior year quarter.

Unconsolidated Affiliates

The following table summarizes information related to the Company's share of operating income from unconsolidated affiliates:

Conference Call Details

MGM Resorts will host a conference call at 5:00 p.m. Eastern Time today, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com.

The call will be accessible via the internet through http://investors.mgmresorts.com/events-and-presentations/ or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers. The conference call access code is 9250061.

A replay of the call will be available through November 4, 2026. The replay may be accessed by dialing 1-855-669-9658 or 1-412-317-0088. The replay access code is 9853875.

"Segment Adjusted EBITDAR" is our reportable segment GAAP measure, which we utilize as the primary profit measure for our reportable segments and underlying operating segments. Segment Adjusted EBITDAR is a measure defined as earnings before interest and other non-operating income (expense), income taxes, depreciation and amortization, preopening and start-up expenses, property transactions, net, triple net lease rent expense, income from unconsolidated affiliates, goodwill impairment, and also excludes corporate expense and stock compensation expense, which are not allocated to each operating segment. Triple net lease rent expense is the expense for rent to landlords under triple net operating leases for its domestic properties, the ground subleases of Beau Rivage and MGM National Harbor, and the land concessions at MGM China.

"Same-Store Segment Adjusted EBITDAR" is Segment Adjusted EBITDAR further adjusted to exclude the Segment Adjusted EBITDAR of disposed operating segments from the beginning of the reporting period through the date of disposition. Accordingly, for Regional Operations, we have excluded the Segment Adjusted EBITDAR of MGM Northfield Park for the periods prior to its disposition on April 21, 2026, as applicable.

Same-Store Segment Adjusted EBITDAR is a non-GAAP measure and is presented solely as a supplemental disclosure to reported GAAP measures because management believes this measure is useful in providing meaningful period-to-period comparisons of the results of the Company's operations for operating segments that were consolidated for the full period presented to assist users of the financial statements in reviewing operating performance over time. Same-Store Segment Adjusted EBITDAR should not be viewed as a measure of overall operating performance, considered in isolation, or as an alternative to the Company's reportable segment GAAP measure or net income, or as an alternative to any other measure determined in accordance with generally accepted accounting principles, because this measure is not presented on a GAAP basis, and is provided for the limited purposes discussed herein. In addition, Same-Store Segment Adjusted EBITDAR may not be defined in the same manner by all companies and, as a result, may not be comparable to similarly titled non-GAAP financial measures of other companies, and such differences may be material. A reconciliation of the Company's reportable segment Segment Adjusted EBITDAR GAAP measure to Same-Store Segment Adjusted EBITDAR is included in the financial schedules in this release.

"Consolidated Adjusted EBITDA" is earnings before interest and other non-operating income (expense), income taxes, depreciation and amortization, preopening and start-up expenses, property transactions, net, and goodwill impairment. Consolidated Adjusted EBITDA information is a non-GAAP measure that is presented solely as a supplemental disclosure to reported GAAP measures because it is among the measures used by management to evaluate our operating performance, and because we believe this measure is widely used by analysts, lenders, financial institutions, and investors as a measure of operating performance in the gaming industry and as a principal basis for the valuation of gaming companies. We believe that while items excluded from Consolidated Adjusted EBITDA may be recurring in nature and should not be disregarded in evaluation of our earnings performance, it is useful to exclude such items when analyzing current results and trends compared to other periods because these items can vary significantly depending on specific underlying transactions or events that may not be comparable between the periods being presented. Also, we believe excluded items may not relate specifically to current operating trends or be indicative of future results. For example, preopening and start-up expenses will be significantly different in periods when we are developing and constructing a major expansion project and will depend on where the current period lies within the development cycle, as well as the size and scope of the project(s).

Board, residents and management team celebrate service excellence at Sunny Isles Beach luxury condominium

SUNNY ISLES BEACH, Fla., Oct. 28, 2026 /PRNewswire/ -- The Jade Signature recently brought residents, board members, and its FirstService Residential management team together to present the community's VERIFIED⢠Luxury Residences plaque from Forbes Travel Guide and celebrate the recognition.

The celebration marked a milestone for the Sunny Isles Beach community and an opportunity to recognize the people behind the resident experience. In South Florida's competitive luxury residential market, where properties continue to differentiate through architecture, design and amenities, service is an increasingly important part of the equation.

"The event gave us an opportunity to celebrate what this designation represents for our community," said Michael Ryan, general manager of The Jade Signature. "There is a real sense of pride around the recognition, but what matters most is bringing those standards to life every day. That can be as simple as anticipating a resident's return after time away, connecting information across our team and being ready to welcome them back. It's about creating a level of service that feels personal, thoughtful and consistent."

Located along one of South Florida's most sought-after stretches of coastline, The Jade Signature sits within Sunny Isles Beach's established luxury corridor, just north of Bal Harbour. The property's design, resident experience and amenity offering provide a strong environment for advancing a structured, hospitality-informed approach to service.

FirstService Residential, which manages the property, is the first property management company to collaborate with Atelier CX, the consulting division of Forbes Travel Guide, on the development of a brand-wide Service Excellence program that brings world-class hospitality standards into residential living. Today, the company manages seven Forbes VERIFIED Luxury Residences, more than any other residential property management company, and continues to expand its Service Excellence program across hundreds of high-rise communities.

The Jade Signature earned the VERIFIED Luxury Residences designation following a comprehensive verification process evaluating its service culture, operational practices, and resident experience against the program's standards.

The plaque now provides a visible symbol of that achievement, while the work behind it continues every day through training, service standards, measurement, and ongoing improvement.

To learn more about FirstService Residential's collaboration with Forbes Travel Guide and Atelier CX, visit FirstService Residential's VERIFIED Luxury Residences overview.

About Forbes Travel Guide and Atelier CX

Forbes Travel Guide (FTG), the global authority on luxury hospitality, provides world-class professional services through its consulting division, Atelier CX, to service-oriented businesses including luxury residential communities, retail brands, private aviation, clubs and other experience-driven organizations. Through bespoke training solutions, custom service standards and expert evaluation services, Atelier CX helps organizations elevate service excellence and create meaningful customer experiences.

About FirstService Residential

FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across the United States and Canada. The organization partners with boards, owners, and developers to enhance the value of every property and the life of every resident.

Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/7 customer care and tailored lifestyle programming, amenity activation, and technology for their community's specific needs. Market-leading programs with FirstService Financial, FirstService Energy, and special districts teams deliver additional levels of support.

Boards and developers select FirstService Residential to realize their vision and drive positive change for residents in the communities in their trusted care.

FirstService Residential is a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients.

SOURCE FirstService Residential

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- Delivered record annualized gross bookings of $533 million, up 35% year over year, on robust demand and strengthening pricing

- Grew monthly recurring revenue by double digits year over year for the fourth consecutive quarter, reflecting the company's central role in serving traditional and AI workloads

- Achieved 10% year over year interconnection revenue growth on both an as-reported and a normalized and constant currency basis, with Fabric revenue up 24% year over year on both an as-reported and a normalized and constant currency basis

- Accelerated new capacity delivery, with nearly 40% more cabinets planned for delivery in 2026 than initially anticipated

- Raised full-year 2026 guidance for the third consecutive quarter based on strong operating and financial performance

REDWOOD CITY, Calif., Oct. 28, 2026 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today reported results for the quarter ended September 30, 2026.

"Our Q3 results and raised full-year guidance reflect the differentiated position and growing importance of Equinix," said Adaire Fox-Martin, CEO and President, Equinix. "We delivered double-digit growth across the key metrics that drive long-term value creation, including interconnection and monthly recurring revenue, and we accelerated capacity to meet broad-based demand. We also unveiled Equinix Fabric One and Equinix Inference Exchange to enable enterprise customers to run, connect, and orchestrate their most critical workloads. Our diverse customer base, expanding ecosystem, and balance sheet strength position us well for sustained, profitable growth and shareholder value."

Third-Quarter 2026 Results Summary

- Revenues

- $2.571 billion, an 11% increase over the same quarter of the previous year on an as-reported basis and a 12% increase on a normalized and constant currency basis driven by strong underlying performance

- Operating Income

- $600 million, a 27% increase over the same quarter of the previous year, primarily from strong underlying operating performance

- Net Income Attributable to Common Stockholders and Net Income per Share Attributable to Common Stockholders

- $489 million, a 31% increase over the same quarter of the previous year, primarily from higher operating income and a non-recurring fee earned in connection with our investment in the atNorth joint venture

- $4.93 per share, a 29% increase over the same quarter of the previous year

- Adjusted EBITDA

- $1.321 billion, a 15% increase over the same quarter of the previous year on an as-reported basis, or a 14% increase on a normalized and constant currency basis

- AFFO and AFFO per Share

- $1.156 billion, a 20% increase over the same quarter of the previous year on an as-reported basis, or a 14% increase on a normalized and constant currency basis excluding the benefit of the atNorth joint venture fee

- $11.64 per share, an 18% increase over the same quarter of the previous year on an as-reported basis, or a 12% increase on a normalized and constant currency basis excluding the benefit of the atNorth joint venture fee

Equinix uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measures after the presentation of our GAAP financial statements.

Equinix does not provide forward-looking guidance for certain financial data, such as depreciation, amortization, accretion, stock-based compensation and other components of net income or loss from operations, and as a result, is not able to provide a reconciliation of GAAP to non-GAAP financial measures for forward-looking data without unreasonable effort. The impact of such adjustments could be significant. Equinix intends to calculate the various non-GAAP financial measures in future periods consistent with how they were calculated for the periods presented within this press release.

All per-share results are presented on a fully diluted basis.

2026 Guidance Summary

For the fourth quarter of 2026, the company expects revenues to range between $2.684 and $2.724 billion, an increase of 11 - 13% over the previous year on an as-reported basis, or 12 - 13% on a normalized and constant currency basis. Adjusted EBITDA is expected to range between $1.328 and $1.368 billion, reflecting an adjusted EBITDA margin of 49 - 50%.

For the full year of 2026, total revenues are expected to range between $10.325 and $10.365 billion, an increase of approximately 12% over the previous year on both an as-reported and a normalized and constant currency basis. Adjusted EBITDA is expected to range between $5.290 and $5.330 billion, reflecting an adjusted EBITDA margin of approximately 51%, an approximate 200 basis points expansion over the previous year. AFFO is expected to range between $4.340 and $4.380 billion. AFFO per share is expected to range between $43.71 and $44.11, an increase of 14 - 15% over the previous year on an as-reported basis, or 11 - 12% on a normalized and constant currency basis. Total capital expenditures are expected to range between $5 and $6 billion.

Q3 2026 Business Highlights

- Delivered record annualized gross bookings of $533 million.

- Added 6,900 net interconnections.

- Introduced Fabric One, an any-to-any connectivity service designed to simplify how enterprises connect distributed cloud, network and AI environments, with AWS and Google Cloud serving as lead integration partners.

- Announced Equinix Inference Exchange, in collaboration with NVIDIA and Together AI, to help enterprises deploy and scale AI inferencing workloads globally through high-performance, interconnected infrastructure.

- Launched Equinix Enhanced Performance Innovation Centers (EPIC), a global network of production-ready liquid cooling environments that enables customers to test, validate and deploy high-density AI infrastructure alongside Equinix experts and leading technology partners.

- Completed the investment in atNorth alongside CPP Investments, strengthening Equinix's position in the fast-growing Nordic market and expanding its footprint across AI-ready, high-density data center infrastructure powered by renewable energy.

- Advanced Equinix's leadership on responsible infrastructure growth in Texas, supporting state standards on grid costs, water stewardship, community impact, and transparency while reinforcing more than $1.6 billion in long-term investment across the state.

- Established a first-of-its-kind partnership in Georgia that protects ratepayers by having Equinix fund all grid infrastructure costs associated with its Hampton data center project through a 20-year commitment.

Q3 2026 Results Conference Call and Replay Information

Equinix will discuss its quarterly results for the period ended September 30, 2026, along with its future outlook, in its quarterly conference call on Wednesday, October 28, 2026, at 5:30 p.m. ET (2:30 p.m. PT). A simultaneous live webcast of the call will be available on the company's Investor Relations website at www.equinix.com/investors. To hear the conference call live, please dial 1-517-308-9482 (domestic and international) and reference the passcode EQIX.

A replay of the call will be available one hour after the call through Thursday, December 31, 2026, by dialing 1-800-814-6745 and referencing the passcode 2026. In addition, the webcast will be available at www.equinix.com/investors (no password required).

Investor Presentation and Supplemental Financial Information

Equinix has made available on its website a presentation designed to accompany the discussion of Equinix's results and future outlook, along with certain supplemental financial information and other data. Interested parties may access this information through the Equinix Investor Relations website at www.equinix.com/investors.

Additional Resources

About Equinix

Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AIâquickly, efficiently and everywhere.

Non-GAAP Financial Measures

Equinix provides all information required in accordance with generally accepted accounting principles ("GAAP"), but it believes that evaluating its ongoing results of operations may be difficult if limited to reviewing only GAAP financial measures. Accordingly, Equinix also uses non-GAAP financial measures to evaluate its operations.

Non-GAAP financial measures are not a substitute for financial information prepared in accordance with GAAP. Non-GAAP financial measures should not be considered in isolation, but should be considered together with the most directly comparable GAAP financial measures. As such, Equinix provides a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

Investors should note that the non-GAAP financial measures used by Equinix may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as those of other companies. Investors should therefore exercise caution when comparing non-GAAP financial measures used by Equinix to similarly titled non-GAAP financial measures of other companies.

Equinix's primary non-GAAP financial measures include Adjusted EBITDA and Adjusted Funds from Operations ("AFFO") as described below. Equinix presents these measures to provide investors with additional tools to evaluate its results in a manner that focuses on what management believes to be its core, ongoing business operations. These measures exclude items which Equinix believes are generally not relevant to assessing its long-term performance.

REDWOOD CITY, Calif., Oct. 28, 2026 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its Board of Directors has declared a quarterly cash dividend of $5.16 per share on its common stock. The quarterly common stock dividend will be paid on December 16, 2026, to shareholders of record on November 18, 2026.

About Equinix

Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AIâquickly, efficiently and everywhere.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements, including statements related to Equinix's quarterly cash dividend. For a list and description of such risks and uncertainties, see Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.  

SOURCE Equinix, Inc.

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CLEVELAND, Oct. 28, 2026 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third-quarter of 2026.

Q3 2026 highlights:

- Quarterly net sales of $209.5 million, an increase of 18% from Q3 2025.

- Quarterly gross profit margin of 33.4%, up 370 basis points from Q3 2025.

- Quarterly diluted EPS of $3.56 per share, up $3.03 from Q3 2025. EPS was up 70% from Q3 2025 when adjusted for the charges related to the U.S. Pension Plan termination that occurred in Q3 2025.

- Quarterly Cash Flow from Operations up 95% from Q3 2025 and 32% for the nine-month period ended September 30, 2026.

Net sales in the third quarter of 2026 were $209.5 million compared to $178.1 million in the third quarter of 2025, an 18% increase. PLP-USA continued its strong 2026 performance driven primarily by sales growth in the transmission and distribution markets. Among the international segments, The Americas net sales grew 7% on a constant-currency basis, benefiting from the May 2026 acquisition of Delta Star Conetores Electricos Ltda ("Delta Star") and higher communications volumes. Asia-Pacific net sales grew 17% on a constant-currency basis, driven by higher volumes in energy sales. Foreign currency translation increased third quarter 2026 net sales by $3.1 million.

Net income for the quarter ended September 30, 2026, was $18.0 million, or $3.56 per diluted share, compared to $2.6 million, or $0.53 per diluted share, for the comparable period in 2025. When removing the charges associated with the US Pension Plan termination which occurred in Q3 2025, diluted EPS increased 70%. The increase in net income was primarily driven by higher sales volumes, favorable product mix, fixed cost leverage and the benefit of price increases enacted in 2025 and early 2026. This increase was partially offset by increases in selling and freight costs and investments in personnel supporting strategic market growth in our core product offerings. Tariff headwinds also continued to impact net income. Foreign currency translation had a favorable impact of $0.4 million on the third-quarter of 2026 net income.

Net sales increased 21% to $598.5 million for the first nine months of 2026 compared to $496.2 million for the first nine months of 2025. All segments realized a year-over-year increase in net sales due to higher volumes of energy and communications sales, driven most significantly by PLP-USA with 28% net sales growth. Foreign currency translation rates increased net sales by $16.2 million for the nine months ended September 30, 2026.

Net income for the nine months ended September 30, 2026, was $50.1 million, or $10.18 per diluted share, compared to $26.8 million, or $5.42 per diluted share, for the comparable period in 2025. Adjusted for the U.S. Pension Plan Termination charges, diluted EPS was up $3.20 or 46%. The increase in net income was due to higher sales volumes and the benefit of price increases enacted in 2025 and early 2026, partially offset by higher personnel, selling and freight costs, tariff expenses and a higher effective tax rate for the nine-month period. Foreign currency translation had a favorable impact of $1.0 million on net income for the nine-month period ended September 30, 2026.

"This was another exceptional quarter, with sales and net income nearing the records set just last quarter," said Rob Ruhlman, Executive Chairman. "We grew net sales 18% to $209.5 million with gross margins improving 370 basis points year over year to 33.4%, showing resilience in a challenging operating environment. Our steadfast commitment to domestic manufacturing continues to provide a strategic advantage, with PLP-USA delivering over $100 million of net sales for the second straight quarter. That performance is a direct result of the robust demand we see in domestic energy markets and the strategic investments we have made in people, manufacturing, and engineering capabilities. In early October, we welcomed U.S. Senator Bernie Moreno to our PLP Peninsula, Ohio operations to see our commitment to U.S. manufacturing firsthand."

"Our sustained growth is also generating strong cash flow. We produced $68.1 million in operating cash flow through the first nine months of the year and ended the quarter with $99.3 million in cash and $53.9 million of available credit. That financial strength allows us to do three things at once: invest in our people and facilities, pursue targeted acquisitions, and continue returning capital to shareholders."

"While we continue to enjoy a record year so far, the operating environment remains challenging. Tariffs continue to present headwinds, and the geopolitical landscape is constantly changing. But the investments we have made in domestic U.S. manufacturing, our diversified global footprint across 20 countries, and the breadth of our product portfolio give me confidence that we are well-positioned to navigate these pressures and sustain the momentum we have built."

"Finally, I was delighted to bring our Senior Leadership Team (and our families!) to New York in September to ring the closing bell at the Nasdaq to celebrate our 25th anniversary of being listed. This opportunity recognized both our great past and our bright future and I share this recognition with each of our over 4,000 PLP brothers and sisters around the globe. Our focus is unchanged: provide our customers with the high-quality products and superior customer service they have come to expect from PLP."

A presentation on third-quarter results will also be available on PLP's website at www.plp.com/investor-relations.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding the Company, including those statements regarding the Company's and management's beliefs and expectations concerning the Company's future performance or anticipated financial results, among others. Except for historical information, the matters discussed in this release are forward-looking statements that involve risks and uncertainties which may cause results to differ materially from those set forth in those statements. Among other things, factors that could cause actual results to differ materially from those expressed in such forward-looking statements include the uncertainty in global business conditions and the economy due to factors such as inflation, rising interest rates, tariffs, labor disruptions, military conflict, international hostilities, political instability, exchange rates, natural disasters and health epidemics, the strength of demand and availability of funding for the Company's products (including in light of price increases) and the mix of products sold, the relative degree of competitive and customer price pressure on the Company's products, the cost, availability and quality of raw materials required for the manufacture of products and customer demand, opportunities for business growth through acquisitions and the ability to successfully integrate any acquired businesses, changes in regulations and tax rates, security breaches, litigation and claims and the Company's ability to continue to develop proprietary technology and maintain high-quality products and customer service to meet or exceed new industry performance standards and individual customer expectations, and other factors described under the headings "Forward-Looking Statements" and "Risk Factors" in the Company's 2025 Annual Report on Form 10-K filed with the SEC on March 5, 2026 and subsequent filings with the SEC. The Annual Report on Form 10-K and the Company's other filings with the SEC can be found on the SEC's website at http://www.sec.gov. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

ABOUT PLP

PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.

NON-GAAP FINANCIAL INFORMATION

This earnings release includes certain non-GAAP financial measures. These financial measures include adjusted earnings and adjusted earnings per basic and diluted share, each of which differs from the most directly comparable measure calculated in accordance with generally accepted accounting principles (GAAP). A reconciliation of each of these financial measures to the most directly comparable GAAP measure is included in this earnings release. Management believes that these financial measures are useful to investors because they provide additional meaningful financial information that should be considered when assessing our business performance and trends, and they allow investors to more easily compare the Company's financial performance period to period.

The Company's adjusted net income and adjusted earnings per diluted share for the year ended September 30, 2025, was calculated as follows:

SOURCE Preformed Line Products Company

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St. Louis company's new service shows on-site security where a cellphone 911 caller is and shares the security team's contact information with the 911 center

ST. LOUIS, Oct. 28, 2026 /PRNewswire/ -- 9Line, a St. Louis technology company, today launched 9Line Pinpoint, which detects the location of 911 calls placed from cellphones inside a geofenced property and alerts the organization's on-site security team within seconds of the call occurring.

More than 80 percent of 911 calls now come from wireless devices, according to NENA: The 9-1-1 Association. While landlines and connected campus phone systems can alert on-site staff when someone dials 911, cellphone calls have long remained a blind spot.

9Line Pinpoint closes that gap. When someone dials 911 from a cellphone anywhere on a customer's property, 9Line Pinpoint detects the call's location and notifies on-site teams with the caller's position, whether the call comes from a parking garage, inside a multi-story office building, or in the middle of a campus quad. 9Line Pinpoint also shares the organization's security team contact information with the 911 center handling the call, so dispatchers know who is on site and can reach them directly.

"On National First Responders Day, we think about the people who run toward an emergency," said Mark Turpin, co-founder and chief executive officer of 9Line. "What gets discussed less often is how much time they lose while working to find the person who needs them. In the military, a medevac request begins with location, because everything else depends on it. That is the principle this company was built on, and 9Line Pinpoint applies it to the calls that now make up the vast majority of emergencies."

In a year-long national analysis of more than 1.7 million calls from 485 agencies, research published in JAMA Surgery found emergency medical service units average 8 minutes from the time of a 911 call to arrival on scene, with nearly 1 in 10 rural encounters waiting almost a half-hour. On a large property, an on-site team that knows a 911 caller's location can begin rendering aid before outside responders arrive and can guide responders to the right place when they do.

9Line Pinpoint is built for organizations with large properties and multiple buildings, including schools and universities, hospitals and senior living communities, utilities, corporate and government campuses, and stadiums and public venues.

9Line Dispatch delivers dispatchable locations for enterprise phone systems, backed by a 99.999% uptime commitment, and 9Line Echo provides AI-based semantic analysis and call transcription to contextualize the emergency and allow teams to provide an appropriate response. 9Line supports more than 10,000 organizations across nearly 300,000 locations in the U.S. and Canada and has handled more than 600,000 emergency calls.

Demonstrations of 9Line Pinpoint are available now. Organizations can schedule one at 9line.net/pinpoint.

About 9Line

9Line is a St. Louis technology company that makes sure a call for help reaches the right people with the right information. The company was founded in 2021 by U.S. Air Force veteran Mark Turpin and Colin O'Brien, whose earlier work includes NASA's International Space Station program and Boeing's Advanced Warfare team. 9Line builds emergency communications software that delivers a dispatchable location to 911 centers and real-time alerts to an organization's own security team. The company takes its name from the military medevac request, in which nine lines of essential information are communicated, and the first is always location. Learn more at 9line.net.

Danny Kerth, Deal Slatin Communications Group | [email protected]

SOURCE 9Line

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