8-K - Aeries Technology, Inc. (0001853044) (Filer)

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8-K - Aeries Technology, Inc. (0001853044) (Filer)

8-K - Aeries Technology, Inc. (0001853044) (Filer)

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8-K - Aeries Technology, Inc. (0001853044) (Filer)

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for the first quarter ended June 30, 2025 — the strongest first quarter in Company history, delivering positive operating cash flow and a $17.0 million year-over-year improvement in net income. For the quarter ended June 30, 2025, Aeries reported: Revenue: $15.3 million, driven entirely by strong demand for our core AI-powered GCC services.SG&A Expenses: Reduced by more than 85% year-over-year, helping to create a leaner, scalable cost base.Ope

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ:AERT), a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity portfolio companies, has announced a strategic partnership with Skydda.ai, a next-generation AI SOC Analyst platform provider. This collaboration strengthens Aeries' ability to deliver intelligent, proactive cybersecurity operations through its network of GCCs in India and Mexico. Skydda.ai brings autonomous threat detection and AI-powered analyst workflows to Security Operations Centers (SOC), enabling faster triage, reduced false positives, and scalable 24/7 operations. By

NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- Aeries Technology (NASDAQ:AERT), a global leader in AI-powered value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, today announced that it has restored compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and will continue to trade on the Nasdaq Capital Market. No hearing or appeal process was necessary, and the matter is now fully closed. "We're pleased to have restored compliance and appreciate the continued support of our shareholders as we focus on execution and long-term value creation," said Ajay Khare, Chief Executive Officer

NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or the "Company"), a leading partner to private-equity-backed enterprises building and scaling Global Capability Centers ("GCCs"), today announced that it held its Annual Fiscal Year 2025 Earnings and Business Update Conference Call earlier today. Chief Executive Officer Ajay Khare and Chief Financial and Investment Officer Daniel Webb reviewed full-year results, strategic progress, and the outlook for Fiscal Year 2026 during the call. FY 2025 Earnings Call Highlights Revenue of $70.2 million.North-America revenue up 15% year-over-year to $65.5 million, now representing 93.3% of the total mix.Core Adjus

NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global leader  in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity (PE) portfolio companies, today announced financial results for the fiscal year ended March 31, 2025.   As previously communicated, Aeries will discontinue reporting Core Adjusted EBITDA as a financial metric beginning in FY2026. With the company now fully focused on core operations, Adjusted EBITDA and GAAP results will continue to be reported to provide information on the Company's operating performance. Ajay Khare, Chief Executive Officer of A

MUMBAI, India, June 02, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ:AERT), a leading provider of Global Capability Center (GCC) solutions, today announced a strategic partnership with Fortra, a global cybersecurity software and services provider. This collaboration is aimed at establishing GCCs for Fortra in both India and Mexico, to expand their existing India-based workforce and add a nearshore hub. Aeries will leverage its expertise to deliver purpose-built solutions through these GCCs, focusing on enhancing core business functions. The GCCs will enable Fortra to further access a skilled and diverse talent pool, ensure cost efficiency, and scale operations, aligning strate

North America Revenue Up 13.1% Year-Over-Year. Core adjusted EBITDA for the third fiscal quarter of 2025 was $1.50 million, compared to ($0.02) with the same period in 2024. NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a leading provider of global capability center (GCC) solutions, today announced financial results for the quarter ended December 31, 2024. "With the recent leadership changes, Aeries is strategically poised for the future, continuing our focus on serving high-quality, long-standing U.S. clients through Global Capability Centers." said Ajay Khare, CEO of Aeries Technology. "We believe this clear direction

NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a leading provider of global capability center (GCC) solutions, today announced a strategic leadership realignment to drive sustainable growth and strengthen its market position. As part of these changes, Ajay Khare, a founding partner of Aeries, has been appointed Chief Executive Officer, succeeding Sudhir Panikassery, who transitions to Non-Executive Vice Chairman on the Board. A key architect of Aeries' growth since its inception, Ajay has played a pivotal role in shaping the company's strategy, previously serving as Chief Revenue Officer and Chief Operating Officer. With a un

North America Revenue Up 13.3% Year-Over-Year Business Re-Focused on Core North American Global Capability Center (GCC) Market NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (NASDAQ:AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal quarter ended September 30, 2024. "We are taking significant steps, including continued alignment of our cost structure, to re-focus on our core business, which consists mostly of US-based, long tenure, high quality private equity backed portfolio companies. These clients have served as a consistent revenue base for Aeries a

MUMBAI, India, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, a global professional services and consulting partner, today announced that it has been Great Place To Work® Certified™ in India from October 2024 to October 2025. The award highlights the culture and opportunities Aeries Technology has cultivated for its 1,700 professionals worldwide, specifically in Generative AI-Driven Digital Transformation solutions, Technology Services, and Business Process Management. Great Place To Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to identify trust as the cornerstone of

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NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for the first quarter ended June 30, 2025 — the strongest first quarter in Company history, delivering positive operating cash flow and a $17.0 million year-over-year improvement in net income. For the quarter ended June 30, 2025, Aeries reported: Revenue: $15.3 million, driven entirely by strong demand for our core AI-powered GCC services.SG&A Expenses: Reduced by more than 85% year-over-year, helping to create a leaner, scalable cost base.Ope

NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or the "Company"), a leading partner to private-equity-backed enterprises building and scaling Global Capability Centers ("GCCs"), today announced that it held its Annual Fiscal Year 2025 Earnings and Business Update Conference Call earlier today. Chief Executive Officer Ajay Khare and Chief Financial and Investment Officer Daniel Webb reviewed full-year results, strategic progress, and the outlook for Fiscal Year 2026 during the call. FY 2025 Earnings Call Highlights Revenue of $70.2 million.North-America revenue up 15% year-over-year to $65.5 million, now representing 93.3% of the total mix.Core Adjus

NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global leader  in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity (PE) portfolio companies, today announced financial results for the fiscal year ended March 31, 2025.   As previously communicated, Aeries will discontinue reporting Core Adjusted EBITDA as a financial metric beginning in FY2026. With the company now fully focused on core operations, Adjusted EBITDA and GAAP results will continue to be reported to provide information on the Company's operating performance. Ajay Khare, Chief Executive Officer of A

North America Revenue Up 13.1% Year-Over-Year. Core adjusted EBITDA for the third fiscal quarter of 2025 was $1.50 million, compared to ($0.02) with the same period in 2024. NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a leading provider of global capability center (GCC) solutions, today announced financial results for the quarter ended December 31, 2024. "With the recent leadership changes, Aeries is strategically poised for the future, continuing our focus on serving high-quality, long-standing U.S. clients through Global Capability Centers." said Ajay Khare, CEO of Aeries Technology. "We believe this clear direction

North America Revenue Up 13.3% Year-Over-Year Business Re-Focused on Core North American Global Capability Center (GCC) Market NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (NASDAQ:AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal quarter ended September 30, 2024. "We are taking significant steps, including continued alignment of our cost structure, to re-focus on our core business, which consists mostly of US-based, long tenure, high quality private equity backed portfolio companies. These clients have served as a consistent revenue base for Aeries a

NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (NASDAQ:AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal quarter ended June 30, 2024. "Our results for the quarter reflect the impact of investments in ongoing growth strategies which should yield long term benefits. While we expect the next few quarters to reflect the focus on our strategies, we are confident regarding the resultant business growth and the costs realigning to an optimum level required for sustaining a growth-oriented business. We are, in parallel, focused on accelerating our return to high

NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (NASDAQ:AERT), a global professional services and consulting partner, today announced financial results for the quarter ended December 31, 2023. "We saw strong topline results in the quarter driven by new customer adoption of the Aeries platform," said Sudhir Panikassery, CEO of Aeries Technology. "We are seeing more mid-market prospects interested in our solutions as the network effect of our clients and their sponsors continues to pick up speed, and we believe that the clear benefit of our differentiated Aeries engagement model is a key factor." Three Months Ended December 31, 2023 (Third Fiscal Quarter 2024) Financial H

NEW YORK, Feb. 17, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (NASDAQ:AERT), a global professional services and consulting partner, today announced that the company will host a conference call to discuss their financial results on Thursday, February 22, 2024 at 8:00 AM ET. The call will be accessible by telephone at 1-877-300-8521 (domestic) or 1-412-317-6026 (international). The call will also be available live via webcast on the company's investor relations website at https://ir.aeriestechnology.com. A telephone replay of the conference call will be available following its conclusion at 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with access code 10186664 and will be av

Aeries Technology (NASDAQ:AERT), a global professional services and consulting partner, today announced that the company will host a conference call to discuss its fiscal second quarter 2024 financial results on Wednesday, December 13, 2023, at 8:00 am ET. A press release disclosing these results can be found here. The call will be accessible by telephone at 877-407-0792 (domestic) or 201-689-8263 (international). The call will also be available live via webcast on the Company's website here, or directly here. A telephone replay of the conference call will be available approximately three hours after its conclusion at 844-512-2921 (domestic) or 412-317-6671 (international) with access c

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HYDERABAD, India, June 10, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global professional services and technology consulting partner, today announced its strategic partnership with Victory Live, Inc., a global technology platform focused on sports and entertainment, event management, data, and ticketing software and solutions founded by industry veteran Sam Soni and backed by Clearlake Capital Group, L.P. This collaboration marks the beginning of a strategic initiative, including the establishment of an innovative Global Capability Center (GCC) for engineering roles in Hyderabad, India. This GCC in Hyderabad is set to redefine the technol

Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global professional services and consulting partner, today announced the appointment of Rajeev Nair to the position of Chief Financial Officer, and Daniel Webb to the position of Chief Investment Officer. "I am thrilled to welcome both Rajeev and Daniel to the Aeries family," said Sudhir Panikassery, Chief Executive Officer and Co-Founder of Aeries. "With track records in a variety of leadership roles, we believe that Rajeev and Daniel's appointments will help us execute our corporate and growth strategy as we help our clients expand their footprints and build on their own success." Rajeev Nair, Chief Financial Officer