Day: August 5, 2020

Novartis announces NEJM publication of Phase III ASCLEPIOS trials demonstrating superior efficacy of ofatumumab in patients with relapsing multiple sclerosis

Written by Customer Service on August 5, 2020. Posted in Public Companies.

Ofatumumab is a targeted B-cell therapy that delivers superior efficacy with a similar safety profile when compared with teriflunomide, a commonly prescribed oral treatment for multiple sclerosis1 ASCLEPIOS I and II demonstrated significant reductions in risk of relapses, confirmed disability worsening and profound reduction of active or new brain lesions1 The US Food and Drug Administration and European Medicines Agency are currently reviewing ofatumumab for the treatment of relapsing forms of multiple sclerosis (RMS) in adults If approved, ofatumumab will be the first B-cell therapy that can be self-administered at home and has the potential to become a first-choice treatment for use in RMS patients The digital press release with multimedia content can be accessed here:Basel, August 5, 2020 — Novartis today announced that The New England...

Martinrea International Inc. to Announce Second Quarter Results on August 10, 2020

Written by Customer Service on August 5, 2020. Posted in Public Companies.

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced that it will report its financial results for the second quarter ended June 30, 2020 on August 10, 2020.A conference call to discuss the financial results will be held on Tuesday, August 11, 2020 at 9:45 a.m. (Toronto time) which can be accessed by dialing 416-641-6104 or toll free 800-952-5114 (participant code 4636275#). 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 – 8944834#). The rebroadcast will be available until September 9, 2020.The common shares of Martinrea trade on The Toronto Stock Exchange under...

Osisko Reports Second Quarter 2020 Results and Updated Guidance for Second Half of 2020

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

MONTRÉAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the second quarter of 2020.HighlightsUpdated guidance for the second half of the year of 33,000 to 35,000 gold equivalent ounces1 (“GEOs”);Revenues from royalties and streams of $28.7 million (Q2 2019 – $33.8 million);Cash flows from operating activities of $15.4 million (Q2 2019 – $21.4 million); $18.6 million before changes in non-cash working capital items (Q2 2019 – $23.5 million);Earned 12,386 GEOs (Q2 2019 – 19,651 GEOs);Net earnings of $13.0 million, $0.08 per basic share (Q2 2019 – net loss of $6.5 million, $0.04 per basic share);Adjusted earnings2 of $5.7 million or $0.03 per basic share (Q2 2019 – $8.2 million, $0.05 per basic share);Cash operating...

Osisko publie ses résultats pour le deuxième trimestre de 2020 et une mise à jour de ses perspectives de production pour la deuxième moitié de 2020

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

MONTRÉAL, 05 août 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (la « Société » ou « Osisko ») (TSX et NYSE : OR) annonce aujourd’hui ses résultats financiers consolidés pour le deuxième trimestre de 2020.Faits saillantsPerspectives de production mises à jour pour la deuxième moitié de l’année de 33 000 à 35 000 onces d’équivalent d’or1;Produits provenant des redevances et des flux de 28,7 millions de dollars (T2 2019 – 33,8 millions de dollars);Flux de trésorerie générés par les activités d’exploitation de 15,4 millions de dollars (T2 2019 – 21,4 millions de dollars); 18,6 millions de dollars avant la variation des éléments hors caisse (T2 2019 – 23,5 millions de dollars);12 386 onces d’équivalent d’or gagnées (T2 2019 – 19 651 onces d’équivalent d’or);Bénéfice net de 13,0 millions de dollars, 0,08 $ par action de base...

Andrew Peller Limited Reports Strong Revenue and Earnings in the First Quarter Fiscal 2021

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

GRIMSBY, Ontario, Aug. 05, 2020 (GLOBE NEWSWIRE) — Andrew Peller Limited ADW.A/ADW.B (“APL” or the “Company”) announced solid growth and strong operating performance for the three months ended June 30, 2020.FIRST QUARTER FISCAL 2021 HIGHLIGHTS: Sales up 3.4% on strong performance due to consumer purchasing pattern changes during the COVID-19 pandemic;Launch of new e-commerce portal contributes to growth;Gross margin remains strong at 43.4%;As a percentage of sales, selling and administration expenses decreased to 20.5% compared to 25.3% last year;EBITA rises to $22.6 million from $18.4 million last year; andNet earnings increase to $11.2 million from $8.8 million last year.“I am proud of our employees for their hard work, dedication, and significant contribution...

Stantec Delivers 4% Increase in Adjusted Diluted EPS in Second Quarter of 2020

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

EDMONTON, Alberta, Aug. 05, 2020 (GLOBE NEWSWIRE) — TSX, NYSE:STN Stantec today reported its results for the quarter ended June 30, 2020. Unless otherwise indicated, financial figures are expressed in Canadian dollars, and comparisons are to the prior period ended June 30, 2019.Adjusted net income in the second quarter of 2020 increased 2.9% to $57.7 million and adjusted diluted EPS increased 4.0% to $0.52.“Our solid second quarter results are a credit to our employees who continue to execute our client-centered strategy in the midst of unprecedented disruption,” said Gord Johnston, Stantec’s President and Chief Executive Officer. “Although net revenues retracted nominally as anticipated, our commitment to excellence drove healthy adjusted EBITDA and adjusted net income margins of 15.0% and 6.1%, respectively.” Second Quarter 2020...

WSP Reports Q2 2020 Results With Strong Cash Flow Generation and Margin Profile

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announced financial and operating results for the second quarter of fiscal 2020 ended on June 27, 2020.SECOND QUARTER 2020 FINANCIAL HIGHLIGHTSSolid performance in the second quarter of 2020 exceeded management’s ambitions resulting in strong free cash flow and an increased adjusted EBITDA margin.Revenues and net revenues* for the quarter reached $2.2 billion and $1.7 billion, down 4.5% and 1.2%, respectively, compared to Q2 2019. Organically, net revenues contracted 5.3% for the quarter. Good organic growth in the APAC reportable segment was offset by organic contraction in the other segments.Backlog* as at June 27, 2020 stood at $8.6 billion, another record high of 11.5 months of revenues, up $479.2 million or 5.9% from $8.1...

WSP annonce ses résultats du deuxième trimestre 2020 avec de solides marges et flux de trésorerie

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

MONTRÉAL, 05 août 2020 (GLOBE NEWSWIRE) — Groupe WSP Global Inc. (TSX: WSP) (“WSP” ou la “Société”) a annoncé aujourd’hui ses résultats financiers et opérationnels pour le deuxième trimestre de l’exercice 2020 clos le 27 juin 2020.FAITS SAILLANTS FINANCIERS DU DEUXIÈME TRIMESTRE DE 2020L’excellente performance du deuxième trimestre de 2020 a dépassé les attentes de la direction et donné lieu à des flux de trésorerie disponibles élevés et à une augmentation de la marge du BAIIA ajusté.Produits des activités ordinaires de 2,2 G$ et produits des activités ordinaires nets* de 1,7 G$ pour le trimestre, en baisse respectivement de 4,5 % et de 1,2 % par rapport au deuxième trimestre de 2019. À l’interne, les produits des activités ordinaires nets ont reculé de 5,3 % pour le trimestre. La solide croissance interne du secteur...

SWM ANNOUNCES SECOND QUARTER 2020 RESULTS

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

Alpharetta, Aug. 05, 2020 (GLOBE NEWSWIRE) — — Schweitzer-Mauduit International, Inc. (“SWM” or the “Company”) (NYSE: SWM) reported earnings results for the three month and six month periods ended June 30, 2020.Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period and are from continuing operations. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), “organic” – excluding acquisition benefit, “Tekra” – the Tekra and Trient businesses acquired in March 2020Second Quarter 2020 Financial Results SummarySecond quarter results reflected EP segment profit stability and AMS portfolio resilience in the face of COVID-19Total...

Tribune Publishing Reports Second Quarter 2020 Results

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

Exceeded previous guidance for 2nd Quarter Revenues and 2nd Quarter Adjusted EBITDADigital content revenues and subscribers increased 40% year-over-yearCHICAGO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Tribune Publishing Company (NASDAQ: TPCO) today announced financial results for the second quarter ended June 28, 2020.Second Quarter 2020 Highlights:Total revenues were $183.1 million, down from $250.3 million in the second quarter of 2019Net income (loss) from continuing operations was $1.6 million, a decrease from $5.3 million in the second quarter of 2019Adjusted EBITDA was $18.8 million, a decrease of $5.6 million compared to the second quarter of 2019Digital-only subscribers increased 39.7% to 419,000 the end of the second quarter 2020, up from 300,000 at the end of the second quarter 2019, and related revenue was up 49.9%.Terry Jimenez,...

Day: August 5, 2020

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