IPO Year: 2021
Exchange: NASDAQ
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
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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
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (NASDAQ:AERT) (the "Company"), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced that it has received written notice from the staff of the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC informing the Company that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding periodic reporting. The regaining of compliance is a result of the October 15, 2024 filing of Aeries Technologies' Form 10-Q for the fiscal quarter ended June 30, 2024, as well as the September 27, 2024 filing of its Form 10-K for the
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, Sept. 30, 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 year ended March 31, 2024. "We are pleased to release our results for the fiscal year, which were in-line with our expectations," said Sudhir Panikassery, CEO of Aeries Technology. "Expansion within existing client engagements and new client relationships were the main performance drivers and reflects our continued focus on expanding our footprint within the addressable pool of private equity portfolio companies and mid-size businesses. Coupled with
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries Technology" or "the Company") (NASDAQ:AERT), a global professional services and technology consulting partner, today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") on September 5, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the "Fiscal 2025 First Quarter Form 10-Q") as described more fully in the Company's Fo
GUADALAJARA, Mexico, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global leader in professional services and technology consulting, announced the opening of its second office in Mexico, located in the prestigious La Colonia Americana area of Guadalajara. This strategic expansion highlights the increasing trend of nearshoring, as U.S. clients seek to leverage the benefits of outsourcing while maintaining proximity and cultural alignment. Strategic Expansion to Bolster Capabilities The new office will support a diverse range of roles for our clients, including customer service representatives, implementation specialists, training s
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global professional services and consulting partner, today announced that Daniel Webb, Chief Investment Officer, will present at the H.C. Wainwright 26th Annual Global Investment Conference. The on-demand presentation will be available to conference participants on September 9, 2024 at 7 AM ET through the conference portal. The Company will also be attending and hosting 1x1 meetings at the in-person portion of the event at the Lotte New York Palace from September 9-11, 2024. Institutional investors can register for a meeting with management or to listen to the Company's present
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global professional services and technology consulting partner, today announced that it has been selected by Diligent, a leading GRC SaaS company, and a Clearlake Capital Group portfolio company, to establish and grow its presence in Guadalajara, Mexico. This new operation in Mexico will house a number of professionals dedicated to Diligent, focusing on customer success, highlighting the company's dedication to enhancing the customer experience and operational agility. This alliance underscores a shared commitment to innovation, talent development and cost optimization. Ef
NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. ("Aeries" or "the Company") (NASDAQ:AERT), a global professional services and consulting partner, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. Aeries' management team is scheduled to present on Thursday, September 5 at 8:30 a.m. Pacific Time (PT). In addition to the presentation, Aeries executives will be available for one-on-one meetings throughout the conference. For additional information, to request an invitation, or to schedule a one-on-one meeting, please email [email protected]. About The Gateway Conferen
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10-K - Aeries Technology, Inc. (0001853044) (Filer)
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
Gainers AERWINS Technologies (NASDAQ:AWIN) stock moved upwards by 188.6% to $7.82 during Wednesday's regular session. The company's market cap stands at $7.2 million. iPower (NASDAQ:IPW) shares rose 39.19% to $1.23. The market value of their outstanding shares is at $36.6 million. As per the press release, Q3 earnings came out yesterday. Greenwave Tech Solns (NASDAQ:GWAV) shares increased by 33.48% to $0.06. The company's market cap stands at $8.9 million. Nano Nuclear Energy (NASDAQ:NNE) stock moved upwards by 22.38% to $3.99. The company's market cap stands at $115.7 million. Complete Solaria (NASDAQ:CSLR) stock moved upwards by 21.91% to $0.84. The company's market cap stands at $41.
Gainers Aeries Technology (NASDAQ:AERT) shares increased by 6.2% to $2.55 during Wednesday's after-market session. The market value of their outstanding shares is at $39.8 million. Astra Space (NASDAQ:ASTR) stock increased by 5.67% to $0.6. The market value of their outstanding shares is at $13.5 million. Swvl Hldgs (NASDAQ:SWVL) shares moved upwards by 5.47% to $11.55. The market value of their outstanding shares is at $78.4 million. Agrify (NASDAQ:AGFY) stock moved upwards by 4.99% to $0.42. The market value of their outstanding shares is at $4.3 million. AERWINS Technologies (NASDAQ:AWIN) shares rose 4.86% to $0.08. The company's market cap stands at $5.8 million. Energous (NASDAQ:W
Aeries Technology, Inc. (NASDAQ:AERT), a global professional services and consulting partner, today announced a new strategic partnership with Quickbase, a prominent, dynamic work management platform. This collaboration marks a significant milestone in Quickbase's strategy to harness world-class talent and provide top-tier technical expertise to its customers, positioning Quickbase as a global driver of technology and innovation. Driving Innovation and Growth Through this collaboration with Aeries, Quickbase will streamline operations, enhance productivity, and drive growth across various functions including Professional Services, Customer Success, Tech Support, Finance, Business Applicat
Gainers Intuitive Machines (NASDAQ:LUNR) stock rose 70.8% to $14.14 during Friday's pre-market session. The company's market cap stands at $413.2 million. ESS Tech (NYSE:GWH) stock moved upwards by 12.81% to $0.93. The company's market cap stands at $160.0 million. Multi Ways Holdings (AMEX:MWG) stock moved upwards by 11.86% to $0.33. The market value of their outstanding shares is at $10.1 million. Energous (NASDAQ:WATT) shares rose 10.83% to $2.25. The company's market cap stands at $13.6 million. Surf Air Mobility (NYSE:SRFM) shares rose 10.65% to $1.09. The market value of their outstanding shares is at $80.2 million. Falcons Beyond Global (NASDAQ:FBYD) stock moved upwards by 9.41%
Aeries Technology (NASDAQ:AERT) reported quarterly losses of $(1.08) per share. The company reported $18.90 million in sales this quarter. This is a 48.90 percent increase over sales of $12.69 million the same period last year.
Companies Reporting Before The Bell • Indivior (NASDAQ:INDV) is likely to report quarterly earnings at $0.28 per share on revenue of $260.00 million. • Bausch Health Companies (NYSE:BHC) is expected to report quarterly earnings at $1.02 per share on revenue of $2.30 billion. • H&E Equipment Servs (NASDAQ:HEES) is estimated to report quarterly earnings at $1.22 per share on revenue of $382.59 million. • Installed Building Prods (NYSE:IBP) is expected to report quarterly earnings at $2.45 per share on revenue of $682.48 million. • Keurig Dr Pepper (NASDAQ:KDP) is likely to report quarterly earnings at $0.54 per share on revenue of $3.91 billion. • MGP Ingredients (NASDAQ:MGPI) is expecte
Financial OutlookThe Company is reiterating its previously stated guidance for calendar year 2024:Revenue of between $95-105 millionAdjusted EBITDA of between $16-20 million