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Articles Tagged with ''Raven Industries''

Raven Industries’ Sales Fall 4.5%; Applied Technology (Ag Segment) Sales Dips 10%

August 23, 2019 | Posted in Earnings Reports

Raven Industries Inc. (NASDAQ: RAVN) reported financial results for the second quarter that ended July 31, 2019. Net sales for the second quarter of fiscal 2020 were $98.1 million, down 4.5% vs. the second quarter of fiscal 2019.

Raven Industries Report 11.7% Net Sales Drop in 1Q19; Applied Technologies (Ag) Up 3.2%

May 21, 2019 | Posted in Earnings Reports

Raven Industries, developer and distributor of precision farming and other specialty equipment and systems, reported net sales for the first quarter of fiscal 2020 were $98.2 million, down 11.7% vs. the first quarter of fiscal 2019.

Raven Industries Closes Deal to Acquire AgSync

January 2, 2019 | Posted in Mergers & Acquisitions

Raven Industries announced today that it has completed the acquisition of substantially all of the assets of AgSync, headquartered in Wakarusa, Ind. This acquisition will immediately align under the company’s Applied Technology division.

Raven Posts 3.4% Gain in 3QFY19

November 29, 2018 | Posted in Earnings Reports

Net sales in the third quarter for Raven’s Applied Technology division, which includes its precision farming business, were $29.7 million, up 17.5% year-over-year.

Raven and Topcon Agriculture Announce API Partnership

September 6, 2018

With the Slingshot API, a partner like Topcon Ag is able to provide data through a wireless connection with compatible Raven hardware in the field and offer a seamless integration of their solution to their customers.

Leadership for SeedMaster Mfg. and Dot Technology Corp. Reflect Commitment to Autonomous Expansion

By James DeGraff posted on August 10, 2018

Over the past few months, Seedmaster Mfg. and sister company Dot Technology Corp. finalized the hiring process for new corporate leadership. Leah Olsen, who also serves as president of the Agricultural Manufacturers of Canada, will serve as CEO, while Jeffery Bourasa will bring 15 years of Saskatchewan-based finance and leadership experience into the CFO role.

Technology Corner

Farmers Edge Partnering with Raven

May 18, 2018

As planting ramps up after spring was slow to arrive in many parts of North America, farmers will be closely monitoring their early-season fertilizer applications to ensure crops get off to a strong start. Use of nitrogen stabilizers are a staple on some farms to prolong the effectiveness of spring-applied nutrients. But a new company is beta-testing a unique alternative to chemically-applied nitrogen inhibitors.

Currency Translation, Commodity Prices Negatively Impact Farm Equipment Manufacturers’ Full-Year Sales

March 1, 2016 | Posted in Data & Trends, Earnings Reports, Equipment & Equipment Sales

For most, the negative impact of currency translation and the continuing headwinds from agricultural commodity prices meant double digit loses for full-year farm equipment-related net sales.

On The Record

SWA and CWEDA Move Forward With Dealer Association Merger

May 30, 2014

In today's newscast we discuss the merger of the SouthWestern Assn. and Canada West Equipment Dealers Assn., the impact railcar delays are having on grain bagging system sales, dealer sentiments turn negative, Raven's first quarter results and farmland values for the first quarter.

Raven Industries, SST Software Announce New Relationship

November 6, 2009 | Posted in Mergers & Acquisitions

Raven Industries and SST Software announced that the farm equipment companies would build on their strategic alliance, with Raven buying a minority ownership position in SST.

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