Day: July 29, 2020

ACHESON, Alberta, July 29, 2020 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the second quarter ended June 30, 2020.Financial Highlights of the Second Quarter Ended June 30, 2020Revenue for the quarter was $70.8 million, compared to $176.9 million for the same period in the prior year, a decrease of $106.2 million (or 60%).Year to date revenue was $269.6 million, compared to $363.3 million for the same period in the prior year, a decrease of $93.8 million (or 26%).Adjusted EBITDA for the quarter was $31.9 million, compared to $37.1 million for the same period in the prior year, a decrease of $5.2 million (or 14%).Year to date Adjusted EBITDA was $92.1 million, compared to  $89.2 million for the same period in the prior year, an increase of $2.9 million (or 3%).Adjusted...

TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that Jennifer Tory has been appointed as a trustee of Allied (a “Trustee”) by the Trustees. She will hold office as a Trustee until the next annual meeting of unitholders or until her successor is elected or appointed.“Jennifer Tory is a most welcome addition to our Board,” said Gordon Cunningham, Chair of Trustees. “She will bring to our deliberations a wealth of business acumen, real estate knowledge and people management skills as we continue to grow our business and in our ongoing process of board renewal and succession planning.”Having started her career with Royal Bank of Canada (“RBC”) in 1978, Ms. Tory held successively senior leadership roles, including as Group Head, Personal & Commercial...

Generated Double-Digit Operating Income and EBITDA Growth on Stable RevenuesInternational and US Telecom Services Demonstrated Resilience to COVID-19 Pandemic DisruptionsStrong Balance Sheet Provides Significant Strength and Financial FlexibilityBEVERLY, Mass., July 29, 2020 (GLOBE NEWSWIRE) — ATN International, Inc. (Nasdaq: ATNI) today reported results for the second quarter ended June 30, 2020.Business Review and Outlook“Our second quarter results benefited from past investments and initiatives, which have led to steady operating income and EBITDA performance across our International Telecom and US Telecom segments. Strong year-on-year operating income and EBITDA comparisons in International Telecom reflect increased usage of our broadband services, which we believe are the best in our markets. This demand for our fixed services...

CALGARY, Alberta, July 29, 2020 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT,” the “Company,” “we” or “us”) (TSX: DRT, NASDAQ: DRTT), an interior construction company that uses technology for client-driven design and manufacturing, today announced its financial results for the three and six months ended June 30, 2020. All financial information in this news release is presented in U.S. dollars, unless otherwise stated.Second Quarter 2020Revenue of $42.2 millionGross profit margin of 33.7%Adjusted Gross Profit Margin1 of 38.2%Net income of $0.3 millionNet income margin of 0.7%Adjusted EBITDA1 of $0.3 millionAdjusted EBITDA Margin1 of 0.6%$44.6 million cash balanceManagement Commentary“We continued making steady progress in implementing key elements of our strategic plan despite adjusting our hiring plans in reaction...

TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”), announces that it is utilizing the extension period provided under Ontario Instrument 51-505 – Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 (“Instrument 51- 505”), and similar extension periods provided for by the Canadian Securities Administrators in the other provinces and territories of Canada, for (i) filing its financial statements comprising its interim financial report, and related management’s discussion and analysis for the Company’s first quarter of Fiscal 2021 ending June 30, 2020 (collectively, the “First Quarter Fiscal 2021 Filings”), and (ii) compliance with the delivery requirements of applicable securities laws relating to the First...

WESTLAKE VILLAGE, Calif., July 29, 2020 (GLOBE NEWSWIRE) — MannKind Corporation (NASDAQ:MNKD) will release its 2020 second quarter financial results and its management will host a conference call to discuss the financial results and corporate updates at 5:00 PM (Eastern Time) on Wednesday, August 5, 2020.Presenting from the Company will be its Chief Executive Officer, Michael Castagna and Chief Financial Officer, Steven Binder.Those interested in listening to the conference call live via the Internet may do so by visiting the Company’s website at http://www.mannkindcorp.com under News & Events. A telephone replay of the call will be accessible for approximately 14 days following completion of the call by dialing (844) 512-2921 or (412) 317-6671 and use the participant passcode: 7888638#. A replay will also be available...

TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (TSX: CXI) (OTCBB: CURN ), a full service foreign exchange technology and services provider, is pleased to announce its wholly-owned subsidiary Exchange Bank of Canada (EBC) has closed its acquisition of the assets of a Canadian international payments business that has operated 24 years in the Province of Québec. The regulatory approval for the asset purchase agreement was first announced in the Company’s press release dated June 30, 2020.“The acquisition of this proven international payments business is reflective of the Bank of Canada’s dedication to growing its international payments business line and its total contribution to the bank group. With approximately 400 active corporate customers transitioning to EBC, the transaction is expected...

VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) is pleased to announce that Burkina Faso’s National Commission of Mines has approved the modification of the Bomboré mining permit to include all aspects of the future Phase II Expansion.  This follows on from the recent environmental (ESIA) approval received in April 2020 (see Press Release dated April 14, 2020).The approval encompasses the Phase II mining and processing of higher-grade fresh rock and lower transition reserves, and the high-grade P17S deposit, in addition to the Phase I oxide reserves covered under the original mining permit.Patrick Downey, President and CEO commented, “We have now received all major permitting required to execute on the mine plan in the 2019 feasibility study for the Bomboré Gold Project....

Highlights:Net sales of $233.2 million, down 8.3% compared to $254.2 million in Q2 2019. Order volume was down early in the quarter compared to prior year and improved throughout the quarter ending with a strong June that has continued through July. Diluted earnings per share (EPS) on a GAAP basis of $0.43 compared to $0.66 in Q2 2019.Adjusted diluted EPS* of $0.47 compared to $0.68 in Q2 2019.Dorman remains well-positioned to navigate the ongoing COVID-19 pandemic with a strong balance sheet and ample liquidity.COLMAR, Pa., July 29, 2020 (GLOBE NEWSWIRE) — Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM), a leading supplier in the automotive aftermarket industry, today announced its financial results for the second quarter ended June 27, 2020.2nd Quarter Financial ResultsThe Company reported second quarter 2020 net...

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