• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Gates Expands Data Center Cooling Portfolio with Breakthrough Large-Diameter Hose

    3/28/25 9:00:00 AM ET
    $GTES
    Industrial Machinery/Components
    Industrials
    Get the next $GTES alert in real time by email

    Data Master™ MegaFlex™ is the first-of-its-kind large-diameter hose that combines ultra-

    flexibility with coolant compatibility for the demanding high-density digital infrastructure

    DENVER, March 28, 2025 /PRNewswire/ -- Gates (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced the launch of Data Master MegaFlex. This groundbreaking large-diameter cooling hose expands the company's data center product portfolio, joining the Data Master™ small-diameter hose, which launched in 2024. The Data Master MegaFlex unlocks new opportunities within data centers and will enable Gates to serve a broader set of customers in today's digital-first world.

    Gates® Data Master™ MegaFlex™

    With the introduction of Data Master MegaFlex, Gates delivers a high-performance solution specifically created for high-flow supply of liquid cooling systems in data centers. Designed to handle the intense thermal loads of high-density server environments, this large-diameter hose is ideal for critical connections where efficient, large-volume coolant transfer is essential, such as those between cooling distribution units (CDUs) or rack manifolds.

    "At Gates, we are committed to anticipating and innovating for the ever-evolving challenges of data center applications," Gates CEO, Ivo Jurek shared. "Data Master MegaFlex exemplifies our ability to combine our application expertise, industry-leading engineering, and advancing materials science investments to redefine data center cooling market's expectations."

    Created with Gates® MegaFlex™ engineered solution, this innovation allows the hose to bend to an extremely tight radius without kinking or restricting flow. Traditional large-diameter hoses are often rigid and difficult to install, requiring additional space and fittings that increase cost and complexity. Data Master MegaFlex overcomes these challenges with up to 75% tighter minimum bend radius than competitive alternatives—enabling easier installations, cleaner layouts, and greater design flexibility in high-density environments.

    This large-diameter offering ranges in size from 1.25" to 2" enabling higher-volume, faster coolant flow to maximize heat transfer and minimize system strain. Leveraging Gates advanced materials science expertise, the Data Master MegaFlex is engineered with a peroxide-cured EPDM tube, which offers excellent compatibility with multiple coolant types, including PG25 ensuring coolant purity in high-stress, closed-loop systems. This material advantage supports system longevity and reduces the risk of performance degradation over time, an essential requirement of liquid-cooled data centers.

    The Data Master MegaFlex reinforces the company's commitment to pioneering innovation in data center cooling, solidifying Gates role as a trusted partner for next-generation data center infrastructure. The Data Master MegaFlex cooling hose will be available beginning April 2025. For more information about Gates Data Center Solutions or to speak with an expert, please visit gates.com/datacentersolutions.

    About Gates Industrial Corporation

    Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to OEMs as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries to everyday consumer applications, including virtually every form of transportation. Our products are sold in more than 130 countries across our four commercial regions: the Americas; Europe, Middle East & Africa; Greater China; and East Asia & India. For more information, visit gates.com.

    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. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. These statements include, but are not limited to, statements related to expectations regarding the performance of the Company's business and financial results (including our ability to drive margin improvements, our capital deployment optionality, and the impact from investments in our business), and statements regarding our outlook for 2025. Such forward-looking statements are subject to various risks and uncertainties, including, among others, economic, political and other risks associated with international operations (including the imposition of tariffs), risks inherent to the manufacturing industry, macroeconomic factors beyond the Company's control (including material and logistics availability, inflation, supply chain and labor challenges and end-market recovery), risks related to catastrophic events, continued operation of our manufacturing facilities, including as a result of cybersecurity attacks, our ability to forecast and meet demand and market acceptance of new products. Additional factors that could cause the Company's results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2024, which is expected to be filed with the Securities and Exchange Commission on or about the date of this presentation, as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

    Gates Industrial Corporation

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gates-expands-data-center-cooling-portfolio-with-breakthrough-large-diameter-hose-302413980.html

    SOURCE Gates Corporation

    Get the next $GTES alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $GTES

    DatePrice TargetRatingAnalyst
    12/5/2024$21.00 → $25.00Equal Weight → Overweight
    Barclays
    9/6/2024$19.00Equal-Weight
    Morgan Stanley
    8/19/2024$20.00 → $22.00Sector Perform → Outperform
    RBC Capital Mkts
    3/8/2024$20.00Peer Perform → Outperform
    Wolfe Research
    2/29/2024$21.00Buy
    Jefferies
    2/22/2024$18.00Sector Weight → Overweight
    KeyBanc Capital Markets
    6/20/2023$14.50Buy → Neutral
    Goldman
    2/10/2023Overweight → Sector Weight
    KeyBanc Capital Markets
    More analyst ratings

    $GTES
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Gates Industrial to Participate in the 18th Annual Wolfe Research Global Transportation & Industrials Conference

      DENVER, May 13, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will attend the Wolfe Research Global Transportation & Industrials Conference in New York City on Wednesday, May 21, 2025. Brooks Mallard, Chief Financial Officer, will present at 9:35 AM Eastern Time. To listen to a live webcast of the announced presentations, please visit the Events & Presentations section of the Gates Investor Relations website at investors.gat

      5/13/25 4:30:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Reports First-Quarter 2025 Results

      DENVER, April 30, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the first quarter ended March 29, 2025. First-Quarter 2025 Financial Summary First-quarter net sales of $847.6 million, down 1.7% compared to the prior-year period, including core revenue growth of 1.4%.Net income attributable to shareholders of $62.0 million, or $0.24 per diluted share.Adjusted Net Income per diluted share of $0.36.Net income from continuing operations of

      4/30/25 7:30:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Announces Time Change for First-Quarter 2025 Conference Call

      DENVER, April 14, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) today announced that it has changed the time of its first-quarter 2025 webcast and conference call from 10 a.m. Eastern time to 9 a.m. Eastern time on Wednesday, April 30, 2025. The access information has not changed and is as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation First-Quarter 2025 Earnings Conference Call or providing the Conference ID of 5772067.Live webcast accessed through Gates Industrial's websit

      4/14/25 5:21:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Financials

    Live finance-specific insights

    See more
    • Gates Industrial Reports First-Quarter 2025 Results

      DENVER, April 30, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the first quarter ended March 29, 2025. First-Quarter 2025 Financial Summary First-quarter net sales of $847.6 million, down 1.7% compared to the prior-year period, including core revenue growth of 1.4%.Net income attributable to shareholders of $62.0 million, or $0.24 per diluted share.Adjusted Net Income per diluted share of $0.36.Net income from continuing operations of

      4/30/25 7:30:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Announces Time Change for First-Quarter 2025 Conference Call

      DENVER, April 14, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) today announced that it has changed the time of its first-quarter 2025 webcast and conference call from 10 a.m. Eastern time to 9 a.m. Eastern time on Wednesday, April 30, 2025. The access information has not changed and is as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation First-Quarter 2025 Earnings Conference Call or providing the Conference ID of 5772067.Live webcast accessed through Gates Industrial's websit

      4/14/25 5:21:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Announces First-Quarter 2025 Earnings Release Date

      DENVER, April 8, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its first-quarter earnings release before the market opens on Wednesday, April 30, 2025. Management will host a webcast and conference call on the same day at 10:00 a.m. Eastern time to discuss Gates Industrial's financial results. The conference call can be accessed as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation First-Quarter 2025 Earnings Conference Call or providing the Conference ID of 5772067.L

      4/8/25 4:30:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more

    $GTES
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $GTES
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $GTES
    SEC Filings

    See more
    • Amendment: SEC Form SC 13G/A filed by Gates Industrial Corporation plc

      SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)

      11/12/24 3:54:12 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Gates Industrial Corporation plc

      SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)

      11/7/24 4:30:27 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Gates Industrial Corporation plc

      SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)

      11/4/24 1:04:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Director Eliasson Fredrik J bought $1,173,600 worth of Ordinary Shares (60,000 units at $19.56), increasing direct ownership by 47% to 188,452 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      3/11/25 7:01:21 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Director Neely Wilson S bought $200,794 worth of Ordinary Shares (11,952 units at $16.80) (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      8/23/24 4:46:50 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Neely Wilson S bought $727,500 worth of Ordinary Shares (50,000 units at $14.55), increasing direct ownership by 88% to 106,664 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      3/1/24 4:39:13 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Chief Human Resources Officer Montgomery Gwendolyn Ann exercised 27,099 units of Ordinary Shares at a strike of $7.21 and covered exercise/tax liability with 16,799 units of Ordinary Shares, increasing direct ownership by 13% to 87,867 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      5/16/25 5:00:49 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Chief Executive Officer Jurek Ivo exercised 767,239 units of Ordinary Shares at a strike of $9.84 and covered exercise/tax liability with 556,387 units of Ordinary Shares, increasing direct ownership by 15% to 1,620,309 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      4/4/25 5:04:21 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • President, Americas Pitstick Thomas G. covered exercise/tax liability with 68,588 units of Ordinary Shares and exercised 100,000 units of Ordinary Shares at a strike of $8.20, increasing direct ownership by 23% to 170,795 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      4/3/25 4:49:50 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • SEC Form SD filed by Gates Industrial Corporation plc

      SD - Gates Industrial Corp plc (0001718512) (Filer)

      5/29/25 4:38:18 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • SEC Form IRANNOTICE filed by Gates Industrial Corporation plc

      IRANNOTICE - Gates Industrial Corp plc (0001718512) (Filer)

      4/30/25 4:28:04 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • SEC Form 10-Q filed by Gates Industrial Corporation plc

      10-Q - Gates Industrial Corp plc (0001718512) (Filer)

      4/30/25 4:25:29 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Gates Industrial upgraded by Barclays with a new price target

      Barclays upgraded Gates Industrial from Equal Weight to Overweight and set a new price target of $25.00 from $21.00 previously

      12/5/24 7:43:23 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Morgan Stanley initiated coverage on Gates Industrial with a new price target

      Morgan Stanley initiated coverage of Gates Industrial with a rating of Equal-Weight and set a new price target of $19.00

      9/6/24 7:41:40 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial upgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts upgraded Gates Industrial from Sector Perform to Outperform and set a new price target of $22.00 from $20.00 previously

      8/19/24 6:53:36 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Leadership Updates

    Live Leadership Updates

    See more
    • Abercrombie & Fitch Set to Join S&P MidCap 400; Gates Industrial to Join S&P SmallCap 600

      NEW YORK, July 16, 2024 /PRNewswire/ -- S&P SmallCap 600 constituent Abercrombie & Fitch Co. (NYSE:ANF) will replace Equitrans Midstream Corp. (NYSE:ETRN) in the S&P MidCap 400, and Gates Industrial Corporation plc (NYSE:GTES) will replace Abercrombie & Fitch in the S&P SmallCap 600 effective prior to the opening of trading on Monday, July 22. S&P 500 constituent EQT Corp. (NYSE:EQT) is acquiring Equitrans Midstream in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector July 22, 2024 S&P MidCap 400

      7/16/24 5:45:00 PM ET
      $ANF
      $EQT
      $ETRN
      $GTES
      Clothing/Shoe/Accessory Stores
      Consumer Discretionary
      Oil & Gas Production
      Energy
    • Gates Welcomes Chief Accounting Officer

      DENVER, June 17, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) is pleased to announce the appointment of John Patouhas as Senior Vice President & Chief Accounting Officer, effective today, Monday, June 17, 2024.  John will be responsible for the strategic direction of Gates' accounting function, including financial reporting, risk, controls, and compliance in accordance with applicable standards, laws and regulations. "John brings significant manufacturing finance leadership experience to Gates and we look forward to the benefit of his background and expert

      6/17/24 11:01:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Reminder: Gates Industrial to Host Capital Markets Day on March 11, 2024

      DENVER, March 11, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative and highly engineered power transmission and fluid power solutions, extends a reminder to investors, analysts and other stakeholders to join its Capital Markets Day on Monday, March 11, 2024, starting at 1:00 p.m. Eastern Time at The New York Stock Exchange (NYSE). At the event, CEO Ivo Jurek and CFO Brooks Mallard, along with other members of Gates's leadership team will update investors on the Company's strategic priorities, growth opportunities, business

      3/11/24 9:00:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials