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Ted

Sonance Continues to Build Its Pro Audio Team, Adding Glenn Kalinowski

November 11, 2024 by Ted Leave a Comment

Glenn Kalinowski, Sonance Director of Sales and Strategic Partnerships

Sonance, a leading manufacturer of fine custom integration audio gear, announced last week that it has appointed Glenn Kalinowski as Director of Sales and Strategic Partnerships. Kalinowski, the company says, is a “trusted industry expert” who will oversee key territories in North America, including Canada.

Learn more about this Sonance appointment of Glenn Kalinowski

[Read more…] about Sonance Continues to Build Its Pro Audio Team, Adding Glenn Kalinowski

Filed Under: Management, Manufacturers, News, People, Sales Tagged With: Glenn Kalinowski, Morten Jorgensen, Pro AV, Sonance

Troubling Trend: 2024 CEDIA Expo Loses Hundreds of Attendees This Year

November 7, 2024 by Ted 4 Comments

Scene from the 2022 CEDIA Expo
On-site registration and badge pickup at the 2022 CEDIA Expo

Data from the 2024 CEDIA Expo in Denver, CO this past September shows a troubling trend – attendance actually declined…and declined appreciably – from the 2023 version of the event. And this decline took place even though the promoter has combined CEDIA Expo with a new event (new last year), the Commercial Integrator Expo (CIX), which was probably an effort to boost attendance numbers.

See more on the attendance at CEDIA Expo 2024

[Read more…] about Troubling Trend: 2024 CEDIA Expo Loses Hundreds of Attendees This Year

Filed Under: Feature, Industry Trends, Management, News, Shows & Events Tagged With: attendance, CEDIA, CEDIA Expo, Commercial Integrator Expo

Masimo Releases 3Q/2024 Results, First Under New Management; Investors Like It

November 6, 2024 by Ted Leave a Comment

Masimo cover page

Sound United to be ‘A Discontinued Operation’

On Tuesday, Masimo Corporation (Nasdaq: MASI) announced the results of its financial performance for the third quarter (3Q) of Fiscal 2024 (FY2024) – the first such report under the new management. While the report comes from the new management, including interim CEO Michelle Brennan, the period of this report is for the quarter that ended September 28, 2024 – meaning the bulk of the actual performance occurred under previous CEO Joe Kiani. Still, the numbers, for the most part, looked pretty good.

Learn all about the performance of Masimo in 3Q/2024

[Read more…] about Masimo Releases 3Q/2024 Results, First Under New Management; Investors Like It

Filed Under: Feature, Financial, Management, Manufacturers, News, Strategy Tagged With: Bilal Muhsin, Joe Kiani, Masimo, Michelle Brennan, quarterly earnings

A Giant Stumbles: Samsung Chip Div. Operating Profits Drop a Stunning 40%

November 5, 2024 by Ted Leave a Comment

A flag showing the Samsung logo

Samsung Electronics, Inc. – a giant in the global consumer electronics industry – saw operating profits drop a stunning 40% in its all-important Device Solutions Division compared to the previous quarter. Device Solutions is its semiconductor division and many in the industry are watching this division closely, as it is a key part of Samsung’s business. But recently, the company – in a rare miss – failed to get on board with the rapid growth of the artificial intelligence (AI) industry early on. It is now running to catch up to competitors and this result shows they are not yet there.

See more on this rare stumble from industry giant Samsung

[Read more…] about A Giant Stumbles: Samsung Chip Div. Operating Profits Drop a Stunning 40%

Filed Under: Feature, Financial, Management, Manufacturers, News, Technology Tagged With: AI, chips, Samsung

Emerald Reports Disappointing 3Q2024; Discontinues 20 Events

October 31, 2024 by Ted Leave a Comment

Emerald Holding 3Q2024 earnings cover

Owner of CEDIA Expo, CEPro & Custom Integrator is Challenged

Emerald Holding, Inc. (NYSE: EEX) reported its third quarter (3Q) of Fiscal 2024 financial results on Wednesday prior to the market open and it was a tough result with revenues flat – even with newly acquired shows included – and net income dropping to a double-digit million dollar net loss. The company announced it was engaging in a tougher “portfolio optimization” plan to cut unprofitable events and add newer, more profitable options.

See more on the Emerald 3Q2024 earnings results

[Read more…] about Emerald Reports Disappointing 3Q2024; Discontinues 20 Events

Filed Under: Financial, Shows & Events Tagged With: Emerald, Herve Sedky, quarterly earnings

Masimo Terminates Kiani’s Employment; Files Lawsuit Alleging He Violated Securities Law

October 30, 2024 by Ted 2 Comments

Header of Masimo lawsuit against Joe Kiani & RTW

In a recent filing with the Securities and Exchange Commission, the new Masimo (Nasdaq: MASI) Board of Directors reaffirmed its non-GAAP 3Q and full-year financial guidance as previously provided by the company to investors. It also notified the commission that the Board has officially terminated the employment of former CEO Joe Kiani.

Perhaps most surprisingly, it has additionally filed a major lawsuit against Joe Kiani and RTW Investments alleging, among other things, that they colluded to create a group that violated federal securities laws.

See more on this latest filing with the SEC by the new Masimo Board of Directors

[Read more…] about Masimo Terminates Kiani’s Employment; Files Lawsuit Alleging He Violated Securities Law

Filed Under: Feature, Financial, Law, Management, Manufacturers, News, Strategy Tagged With: Joe Kiani, Masimo

See Why Apple’s Patent Win is Actually a Victory for Masimo

October 29, 2024 by Ted Leave a Comment

Masimo Freedom smartwatch

More patent decisions are being handed down as several long-running patent lawsuits between Masimo Corporation (Nasdaq: MASI) and Apple Incorporated (Nasdaq: AAPL) wrap up. Last week, a jury in the matter of Apple Inc. (Plaintiff) v. Masimo Corporation and Sound United LLC (Defendants) rendered a verdict on a case where Apple accused Masimo of infringing on six of its Apple Watch patents.

Technically, Apple got a win…but realistically, it was a huge victory for Masimo.

See the outcome of Apple v. Masimo in Delaware court

[Read more…] about See Why Apple’s Patent Win is Actually a Victory for Masimo

Filed Under: Brands, Feature, Law, Management, Manufacturers, News, Technology Tagged With: Apple, Apple Watch, Freedom, Masimo, smartwatch, Sound United, W1

More on Crestron’s New Experience Center; CEO Discusses CEC & Business

October 24, 2024 by Ted Leave a Comment

Brad Hintze and the Crestron management team in the Event Space
[Click to enlarge]

As I reported last week, I attended the October 15, 2024, Grand Opening of the latest Crestron Experience Center (CEC), located in the prestigious New York Design Center in Manhattan. This CEC is remarkable in its own right, but as I reflected further on the Grand Opening I realized that the event itself was noteworthy. Not only did a top Crestron executive sit down with me to offer some interesting perspectives on the new CEC and business in general, but what I observed at that event itself was impressive as well.

So I have decided to augment my previous report with additional observations…and more photos.

See more on the Crestron Experience Center in NYC & find out what the CEO shared with me…

[Read more…] about More on Crestron’s New Experience Center; CEO Discusses CEC & Business

Filed Under: Management, Manufacturers, Marketing, News, Shows & Events, Strategy, Technology Tagged With: Brad Hintze, Crestron Electronics, Dan Feldstein, experience center

Sonos Troubles Mount – Poor Sales Suggests Ace May Be a Joker

October 22, 2024 by Ted 13 Comments

Sonos Ace headphones are reportedly not selling well

Ace Production Cut to Just 10% of Original Plan

While Sonos (Nasdaq: SONO) claims to have most of its app problems behind it, multiple reports are emerging that suggest it may have an even bigger problem – the introduction of its Ace premium headphone has flopped. If these reports are true, then Sonos may indeed be staring into the jaws of the one monster that can truly terrify it – growing consumer resistance to its new products.

See more on this troubling turn of events for Sonos

[Read more…] about Sonos Troubles Mount – Poor Sales Suggests Ace May Be a Joker

Filed Under: Feature, Management, Manufacturers, Products, Technology Tagged With: headphones, Patrick Spence, Sonos, Sonos Ace, Sonos Arc Ultra, Sonos Sub4, soundbar

Masimo Expands Board with Two New Appointments

October 21, 2024 by Ted Leave a Comment

Masimo logo

Masimo Corporation (Nasdaq: MASI) announced that it has expanded the company’s Board of Directors with two new appointees. The medical products manufacturer, which also owns the Sound United audio brands, will now have a total of eight directors on its board.

See more on the expansion of the Masimo Board

[Read more…] about Masimo Expands Board with Two New Appointments

Filed Under: Financial, Management, Manufacturers, People Tagged With: Bill Jellison, Darlene Solomon, governance, Joe Kiani, Masimo Corporation, Quentin Koffey, Timothy J. Scannell, Wendy E. Lane

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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