is a specialty chemical manufacturer, supplying products for the mobility, energy, connectivity, and healthcare industries. A higher-margin product mix increased gross margin by 84% during the same period. Strong demand for solar products drove Shoals’ first-quarter revenue to $105 million, a 55% increase from the year prior. Shoals Technologies Group Inc.: Shoals Technologies provides electrical balance of systems (EBOS) solutions for energy storage, solar, and EV infrastructure.Cal-Maine’s bottom line increased eightfold for the quarter ending Feb. A bird flu outbreak killed 43 million egg-laying hens last year, according to the USDA, causing U.S egg prices to double, rising to nearly $5 a dozen in January from less than $2 a year prior. Cal-Maine Foods Inc.: Cal-Maine handles the production, packaging, marketing, and distribution of shell eggs for supermarkets, distributors, and consumers across the United States.Discovery introduced its new streaming service “Max,” an amalgamation of the company’s biggest brands including HBO, the DC universe, and HGTV. Discovery is a leading global entertainment and media company, with content available on TV, film, and streaming, across 220 countries and territories and 50 languages. Moreover, pent-up demand has led to cumulative bookings in excess of pre-pandemic levels at higher prices. Coming out of COVID, Norwegian Cruise Line continues to ramp up its occupancy, with first-quarter numbers exceeding prior guidance.
Norwegian Cruise Line Holdings Ltd.: Norwegian Cruise Line operates a fleet of 30 ships across 500 destinations worldwide the company also has an additional seven ships scheduled for delivery through 2028.However, higher-margin products represented 62% of the production mix, down from 74% in the previous quarter, resulting in lower margins. In the first quarter of 2023, Vertex's Mobile, Alabama refinery produced about 71,300 barrels per day, above guidance for 70,500.
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