Month: May 2020

TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of the Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that SMTC will participate in the Oppenheimer 5th Annual Emerging Growth Conference, on May 12, 2020 in New York City, being held virtually.Ed Smith, President and Chief Executive Officer of SMTC, and Steve Waszak, the company’s Chief Financial Officer, will be available to provide an update on SMTC and its current business opportunities, in one-on-one meetings throughout the day. Anyone wishing to schedule a meeting is encouraged to contact their Opco sales representative or Peter Seltzberg, of Darrow Associates, at 516-419-9915 or pseltzberg@darrowir.com...

Records net income attributable to Methanex shareholders of $23 million and Adjusted EBITDA of $138 millionGlobal methanol demand declined by 7% in the first quarter due to COVID-19 pandemic and sharply lower oil price environmentSafely maintained plant operations and global supply chain to provide secure and reliable methanol supply to customersStrong liquidity position with $823 million in cash on balance sheetTaking proactive steps to further strengthen balance sheet and preserve liquidityExcept where otherwise noted, all currency amounts are stated in United States dollars.VANCOUVER, British Columbia, May 05, 2020 (GLOBE NEWSWIRE) — For the first quarter of 2020, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $23 million ($0.21 net income per common share on a diluted basis) compared...

TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced that it will report its financial results for the first quarter ended March 31, 2020 on May 13, 2020.A conference call to discuss the financial results will be held on Wednesday, May 13, 2020 at 5:30 p.m. (Toronto time) which can be accessed by dialing 416-340-2217 or toll free 800-806-5484 (participant code 7624867#).  Please call 10 minutes prior to the start of the conference call.   If you have any teleconferencing questions, please call Ganesh Iyer at 416-749-0314.There will also be a rebroadcast of the call available by dialing 905-694-9451 or toll free 800-408-3053 (conference id – 1749951#).  The rebroadcast will be available until June 12, 2020.The common shares of Martinrea trade on The Toronto Stock Exchange under the symbol...

FRANKLIN, Ind., May 05, 2020 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (TSX-V: IB; OTCQB: IAALF) (“IBC” or the “Company”) a leading beryllium and copper advanced alloys company, announced today that it will release its financial results after market close on Monday, May 11, 2020 for the quarter ended on March 31, 2020.CONFERENCE CALL AND WEBCASTMark A. Smith, IBC Board Chairman, will host a conference call and live webcast on Wednesday, May 13, 2020, at 1 p.m. Eastern to discuss the Company’s quarterly results.  To register for the webinar and conference call, and receive instructions on how to call in or connect via the internet to the webinar, please go here https://attendee.gotowebinar.com/register/3455422405092364300.  A recording of the webcast will be made available on the IBC website following the event.Those who wish...

ALL PLANTS FULLY OPERATING WITH NO SIGNIFICANT FINANCIAL IMPACT FROMCOVID-19 IN THE QUARTERMONTREAL, May 05, 2020 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (the “Company” or “Rogers”) (TSX: RSI) today reported its second quarter fiscal 2020 results. The Company recorded adjusted EBITDA (1) of $16.5 million and $46.7 million for the current quarter and year-to-date, in line with the comparable periods last year.“The COVID-19 pandemic has made the past few months very challenging for us all and had far reaching health and economic impacts,” said John Holliday, President and Chief Executive Officer of Rogers and Lantic Inc. “As an essential service, our operations have continued uninterrupted and serviced uncharacteristically strong consumer demand. Our employees have risen to the challenge of adapting to new processes, implemented to keep...

TOUTES LES USINES FONCTIONNENT PLEINEMENT ET AUCUNE INCIDENCE FINANCIÈRE IMPORTANTE DE LA PANDÉMIE DE COVID-19 SUR LES RÉSULTATS DU TRIMESTRE MONTRÉAL, 05 mai 2020 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (la « Société » ou « Rogers ») (TSX : RSI) annonce aujourd’hui ses résultats du deuxième trimestre de l’exercice 2020. La Société a inscrit un BAIIA ajusté1) de 16,5 millions de dollars et de 46,7 millions de dollars pour le trimestre et le semestre considérés, ce qui est similaire au résultat obtenu pour les périodes correspondantes de l’exercice précédent.« La pandémie de COVID-19 a rendu les derniers mois très difficiles pour nous tous et ses répercussions sur la santé et l’économie ont été importantes », a déclaré John Holliday, président et chef de la direction de Rogers et de Lantic Inc. « Étant donné que nous faisons partie...

Liquidity maintained by positive operating cash flow and conservative cash managementIncrease in GAAP EPS of 15 percent; Adjusted non-GAAP EPS up 14 percentGAAP EPS $1.34 and adjusted EPS of $1.42 benefit by 18 cents from lower share-based compensationInnospec adapting to the economic challenges of the COVID-19 pandemic and low oil pricesSemi-annual dividend held at 52 cents per shareENGLEWOOD, Colo., May 05, 2020 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the first quarter ended March 31, 2020. The Company also announced the declaration of its semi-annual dividend of $0.52 per common share for the first half of 2020, the same as the payment for the second half of 2019. This dividend will be paid on May 26, 2020, to shareholders of record on May 18, 2020.Total net sales for the quarter...