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Day: August 5, 2020

Hill International Reports Second Quarter 2020 Financial Results

Second Quarter 2020 OverviewConsulting Fee Revenue (“CFR”) of $75.8 millionNet loss of $2.0 million, or $(0.03) per diluted shareAdjusted net income of $3.6 million or $0.06 per diluted shareAdjusted EBITDA grew 7.3% over last year’s second quarter to $5.3 millionNew contract awards totaled approximately $70 million for the quarter ended June 30, 2020Total liquidity at June 30, 2020 rose by $8.9 million from March 31, 2020 and cash from operations was $6.4 millionPHILADELPHIA, Aug. 05, 2020 (GLOBE NEWSWIRE) — Hill International, Inc. (NYSE:HIL) (“Hill” or the “Company”), the global leader in managing construction risk, announced today its financial results for the second quarter ended June 30, 2020 (“Q2 2020”).“While we are continuing to address the effects of COVID-19 on certain aspects of our operations,...

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Star Bulk Carriers Corp. Reports Financial Results for the Second Quarter and First Half of 2020

ATHENS, Greece, Aug. 05, 2020 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the second quarter and the first half of 2020.Financial Highlights(1) EBITDA and Adjusted EBITDA are non-GAAP measures. Please see the table at the end of this release for a reconciliation of EBITDA and Adjusted EBITDA to Net Cash Provided by / (Used in) Operating Activities, which is the most directly comparable financial measure calculated and presented in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”) as well as for the definition of each measure. To derive Adjusted EBITDA from EBITDA, we exclude non-cash...

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Mueller Water Products Reports 2020 Third Quarter Results

Achieved Net Sales of $228.5 millionReported Net Income per Diluted Share of $0.07 and Adjusted Net Income per Diluted Share of $0.11Generated $77.8 million of Net Cash from Operating Activities for the Nine Month PeriodATLANTA, Aug. 05, 2020 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced today that for its fiscal 2020 third quarter ended June 30, 2020, net sales were $228.5 million and net income was $11.2 million.In the 2020 third quarter, the Company:Achieved net sales of $228.5 million, a decrease of 16.7 percent as compared with $274.3 million in the prior year quarter.Generated operating income of $20.0 million as compared with $47.2 million in the prior year quarter.  Adjusted operating income was $28.6 million, a decrease of 45.0 percent as compared with $52.0 million in the prior year quarter.Earned...

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MPX International Introduces Canadian Retail Brand, Strain Rec™ to be Used by Its Wholly-Owned Subsidiary, Canveda Inc., a Licence Holder Under the Cannabis Act (Canada)

Announces First Shipments to SaskatchewanNOT FOR DISTRIBUTION TO NEWSWIRE SERVICES IN THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS.TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — MPX International Corporation (“MPX International”, “MPXI” or the “Corporation”) (CSE:MPXI; OTCQX:MPXOF), a multinational diversified cannabis company, is pleased to announce the launch of its Canadian recreational brand, Strain Rec ™ by its wholly-owned subsidiary Canveda Inc. (“Canveda”) with initial shipments made to the Province of Saskatchewan. For additional information on Strain Rec ™ visit the website www.strainrec.ca.“Canveda has introduced its unique Canadian recreational brand Strain Rec ™. Brand recognition is pivotal to success...

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Osisko Declares Third Quarter 2020 Dividend

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a third quarter 2020 dividend of C$0.05 per common share. The dividend will be paid on October 15, 2020 to shareholders of record as of the close of business on September 30, 2020.For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on September 30, 2020. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada).The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend to...

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Osisko déclare un dividende pour le troisième trimestre de 2020

MONTRÉAL, 05 août 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (la « Société » ou « Osisko ») (TSX et NYSE : OR) a le plaisir d’annoncer un dividende pour le troisième trimestre de 2020 de 0,05 $ CAD par action ordinaire. Le dividende sera payé le 15 octobre 2020 aux actionnaires inscrits aux registres en date du 30 septembre 2020 à la fermeture des bureaux.Pour les actionnaires résidant aux États-Unis, le dollar américain équivalent sera déterminé en fonction du taux de change journalier publié par la Banque du Canada le 30 septembre 2020. Ce versement de dividende est considéré comme un dividende déterminé, tel que défini par la Loi de l’impôt sur le revenu (Canada).La Société souhaite aussi rappeler à ses actionnaires inscrits au Canada et aux États-Unis qu’elle a mis en place un régime de réinvestissement des...

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Artesian Resources Corporation Reports Year-to-Date and Second Quarter Results for 2020

NEWARK, Del., Aug. 05, 2020 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced year-to-date and second quarter results for 2020.Reports earnings per share of $0.92 year-to-date and $0.49 in the second quarter of 2020Invested $20.6 million year-to-date in water and wastewater infrastructureMunicipal water acquisitions add approximately 3,000 people served in Delaware service area in 2020Year-to-Date ResultsNet income for the first six months ended June 30, 2020 was $8.6 million, a $1.3 million, or 17.3%, increase compared to net income recorded during the first six months of 2019.  Diluted earnings per share was $0.92 for the six months ended June 30, 2020, a 16.5% increase compared to $0.79 for the...

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Rogers Sugar Inc. : Résultats du troisième trimestre de l’exercice 2020

DIMINUTION DU VOLUME DU SECTEUR DU SUCRE PAR RAPPORT À CELUI DU TRIMESTRE CORRESPONDANT DE L’EXERCICE PRÉCÉDENT – BON VOLUME GÉNÉRÉ PAR LES PRODUITS DE CONSOMMATION ET VENTES ADDITIONNELLES AUX ÉTATS-UNIS CONTREBALANCÉS PAR LA BAISSE DES VOLUMES DE PRODUITS INDUSTRIELS ET LIQUIDESVOLUMES ET PRODUITS SUPÉRIEURS À CEUX GÉNÉRÉS PAR LE SECTEUR DES PRODUITS DE L’ÉRABLE POUR LE TRIMESTRE CORRESPONDANT, MAIS LA COMPOSITION DES VENTES ÉTAIT CARACTÉRISÉE PAR UNE BAISSE DU POURCENTAGE DE LA MARGE BRUTE ET LE SECTEUR A ASSUMÉ DES COÛTS DE MAIN-D’ŒUVRE SUPPLÉMENTAIRESOPÉRATIONS INDUSTRIELLES COMPLIQUÉES PAR L’ADAPTATION INCESSANTE AUX MESURES VISANT LA PROTECTION DES EMPLOYÉS ET DES CLIENTS CONTRE LA COVID-19, LES EFFORTS POUR RÉPONDRE AUX BESOINS CHANGEANTS DES CLIENTS ET POUR RÉALISER DES VENTES ADDITIONNELLES AUX ÉTATS-UNIS AUX TERMES DE CONTINGENTS,...

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