The global electric power sports market is projected to grow from USD 11.94 billion in 2026 to USD 17.96 billion by 2034, with a 5.24% CAGR. North America currently leads the market, with Asia-Pacific expected to see the fastest growth, driven by increasing demand for eco-friendly recreational vehicles and technological advancements.

BRP and Bain Capital are conducting a secondary offering of 1,500,000 subordinate voting shares at $90.71 CAD per share, with Bain reducing its ownership stake from 16.4% to 14.4% of total shares.

BRP Inc. announced a secondary offering of 1,500,000 subordinate voting shares by Bain Capital Integral Investors II, L.P. at C$90.71 per share, with BMO Capital Markets managing the transaction.

Several mid-cap companies, including e.l.f. Beauty, Joby Aviation, and Box, saw significant gains last week due to factors such as better-than-expected quarterly results, acquisition announcements, and investment deals.

The personal watercraft market is experiencing significant growth, driven by increasing interest in recreational water activities, rising disposable incomes, and advancements in marine technology. The market is expected to reach USD 3,969.5 million by 2035, supported by the growing popularity of adventure sports, improved infrastructure, and innovations enhancing performance, stability, and sustainability.

DOOO, CNM and ARCO have been added to the Zacks Rank #5 (Strong Sell) List on June 28, 2024.

BRP (DOOO) delivered earnings and revenue surprises of 7.69% and 0.27%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

BRP Inc. (NASDAQ:DOOO) is set to release earnings results for its first quarter FY2025, before the opening bell on May 31. Analysts expect the Valcourt, Canada-based company to report quarterly earnings at 67 cents per share, down sharply from $1.8 per share in the year-ago period. BRP is projected to report quarterly revenue of $1.46 billion, according to data from Benzinga Pro. On March 28, BRP reported fourth quarter FY24 adjusted earnings per share of $1.82, missing the street view of $1.92. BRP shares gained 1.8% to close at $66.36 on Thursday. Benzinga readers can access the latest analyst ratings on the Analyst Stock ...Full story available on Benzinga.com

Modine (MOD) delivered earnings and revenue surprises of -2.53% and 2.09%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Westport (WPRT) delivered earnings and revenue surprises of -43.64% and 12.29%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

VALCOURT, Québec, 15 avr. 2024 (GLOBE NEWSWIRE) -- BRP inc. (TSX : DOO; NASDAQ : DOOO) (« BRP » ou la « Société ») a annoncé aujourd’hui que Bain Capital Integral Investors II, L.P. (« Bain » ou l’« actionnaire vendeur ») et la Société ont conclu une convention avec BMO Marchés des capitaux afin de réaliser un reclassement par voie de prise ferme (le « placement »). Aux termes de la convention, BMO Marchés des capitaux a convenu d’acheter 1 500 000 actions à droit de vote subalterne de la Société (les « actions à droit de vote subalterne ») au prix d’offre de 92,90 $ CA chacune.

VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering"). Under the agreement, BMO Capital Markets has agreed to purchase 1,500,000 subordinate voting shares of the Company (the "Subordinate Voting Shares") at a price to the public of C$92.90 per subordinate voting share.