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Day: August 6, 2020

Constellation Software Inc. Announces Results of Voting for Directors at Special Shareholders’ Meeting

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) is pleased to announce the results of the vote on directors at its August 5, 2020 special shareholders’ meeting. Each of the four nominees listed in the Corporation’s management proxy circular dated June 29, 2020 was elected as a director. Voting was conducted by ballot with the following voting results: Final voting results on all matters voted on at the special meeting held earlier today will be filed with the Canadian securities regulators.About Constellation Software Inc.Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software acquires, manages and builds vertical market software businesses.For further information:Jamal BakshChief Financial Officer416-861-9677info@csisoftwa...

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CORRECTION: EMCORE Reports Fiscal 2020 Third Quarter Results

ALHAMBRA, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by EMCORE Corporation (Nasdaq: EMKR), the Operating Profit table for the three months ended June 30, 2020 in the Reconciliations of GAAP to Non-GAAP Financial Measures tables should have referred to: (i) Total adjustments of $512,000 rather than $200,000; (ii) Non-GAAP Operating Profit of $(701,000) rather than $(1.013) million; (iii) Non-GAAP Operating Margin of -3% rather than -4%; (iv) Adjusted EBITDA of $328,000 rather than $16,000; and (v) Adjusted EBITDA % of 1% rather than 0%. The corrected release follows:EMCORE Reports Fiscal 2020 Third Quarter ResultsEMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets,...

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Aura Minerals Releases Its Second Quarter 2020 Financial and Operational Results

ROAD TOWN, British Virgin Islands, Aug. 05, 2020 (GLOBE NEWSWIRE) — Aura Minerals, Inc. (“Aura Minerals” or the “Company”) announces that the Company has filed today its interim financial statements for the second quarter of 2020, its associated management’s discussion and analysis and related certification filings for the second quarter of 2020 (collectively, the “Second Quarter Results”).About Aura 360° MiningAura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company’s producing...

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FLYHT Reports Second Quarter 2020 Results and Signs Agreement with Investor Relations Firm

CALGARY, Alberta, Aug. 05, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today reported financial results for the quarter ended June 30, 2020.Bill Tempany, interim CEO, remarked, “Q2 was a quarter of challenge and resilience for FLYHT and for most businesses around the globe. The board instituted a management change to ensure our focus was on the optimal way for the Company to participate in the recovery of the aviation industry as it changes and evolves. We have made significant adjustments to priorities to ensure that our people, with the support of the US and Canadian governments, have meaningful long term employment and that our customers and prospects have affordable tools to help them restart an industry that was gutted by events outside of their control. We are...

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Goldfield Announces 2020 Second Quarter Results and Appointment of Acting Co-CEOs

MELBOURNE, Fla., Aug. 05, 2020 (GLOBE NEWSWIRE) — The Goldfield Corporation (NYSE American: GV), a leading provider of electrical construction services for the utility industry and industrial customers, today announced financial results for the three and six months ended June 30, 2020 and the appointment of Acting Co-CEOs. Through its subsidiaries, Power Corporation of America (“PCA”), C and C Power Line, Inc., Southeast Power Corporation and Precision Foundations, Inc., Goldfield provides electrical construction services primarily in the Southeast, mid-Atlantic, and Texas-Southwest regions of the United States. Goldfield is also engaged in real estate development operations of residential properties on the east coast of Central Florida.The Company’s President and CEO John H. Sottile is currently hospitalized and being treated for...

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WPT Industrial REIT Announces Second Quarter 2020 Results and Provides Operational Update

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three and six months ended June 30, 2020. All dollar amounts are stated in U.S. funds.Highlights for the three months ended June 30, 2020:Collected 99.5% of billed rent for the quarterInvestment properties revenue and net operating income (“NOI”)(1) increased 56.1% and 51.2%, respectively, over the same period last yearFunds from operations (“FFO”)(1) and adjusted funds from operations (“AFFO”)(1) increased 34.2% and 36.6%, respectively, over the same period last yearOccupancy increased to 97.4% from 95.7% in the first quarterWeighted average cash and straight-line rent re-leasing spreads of 11.3% and 6.6%, respectively, for lease renewals signed in the quarterRepaid...

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Acutus Medical Announces Pricing of Initial Public Offering

CARLSBAD, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Acutus Medical, Inc. (“Acutus”) (NASDAQ: AFIB) today announced the pricing of its initial public offering of 8,823,529 shares of its common stock at a price to the public of $18.00 per share. All of the shares are being offered by Acutus. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Acutus, are expected to be approximately $158.8 million. The shares are expected to begin trading on The Nasdaq Global Select Market on August 6, 2020, under the symbol “AFIB.” The offering is expected to close on August 10, 2020, subject to the satisfaction of customary closing conditions. In addition, Acutus has granted the underwriters a 30-day option to purchase up to an additional 1,323,529 shares of Acutus’ common...

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ISC® Reports 2020 Second Quarter Financial Results

REGINA, Saskatchewan, Aug. 05, 2020 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the second quarter ended June 30, 2020. 2020 Second Quarter HighlightsRevenue was $31.0 million, a decrease of $3.3 million or 9.5 per cent compared to the second quarter of 2019.Net income was $4.5 million or $0.26 per basic and diluted share compared to $5.8 million or $0.33 per basic and diluted share in the second quarter of 2019.  The decrease is due to lower revenue in Registry Operations and Services.EBITDA (earnings before interest, taxes, depreciation and amortization expense) was $9.2 million compared to $10.8 million in the same quarter last year, a decrease of $1.6 million or 14.8 per cent.The EBITDA margin for the second quarter of 2020 was 29.5...

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ISC® Expands Its Credit Facility to $150 Million

REGINA, Saskatchewan, Aug. 05, 2020 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC®” or the “Company”) announced today that it has agreed with its lenders to expand its secured credit facility (the “Credit Facility”) to CAD$150 million. Jeff Stusek, President & CEO of ISC commented, “We are extremely pleased to have concluded this new Credit Facility agreement, which provides us with greater flexibility and strengthens our financial position.”The aggregate amount which will be available under the new Credit Facility will be $150.0 million, up from $80 million and will be for a term of 2 years, effective August 5, 2020.  As of the effective date, the amount of $76.5 million was drawn under the Credit Facility, in order to re-finance amounts under the previous facilities, including the recent...

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