Day: July 29, 2021

Sangoma Provides a Business Update for Fiscal 2021

Sangoma Provides a Business Update for Fiscal 2021

Revenue and EBITDA are expected to exceed previous guidance MARKHAM, Ontario, July 29, 2021 (GLOBE NEWSWIRE) — Sangoma Technologies Corporation (TSX VENTURE:STC), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, is providing a business update for Fiscal 2021. “Many of our shareholders seek information about our fiscal year, before the full audit cycle is completed,” noted David Moore, Sangoma’s Chief Financial Officer. “This release is a way for us to provide a business update and accelerate some high-level disclosure before the announcement of our full financial results after the completion of our annual audit. At that point, we will hold a conference call with investors to discuss the full results in detail.” “I am most pleased that Sangoma has delivered another very...

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Highwoods Closes Acquisition of Office Assets from Preferred Apartment Communities, Inc.

Highwoods Closes Acquisition of Office Assets from Preferred Apartment Communities, Inc.

$683M Total Investment Asset Strategy Market Submarket/BBD SF 150 Fayetteville Core Raleigh CBD 560,000 CAPTRUST Tower Core Raleigh North Hills 300,000 Capitol Towers Core Charlotte SouthPark 479,000 Morrocroft Centre Core Charlotte SouthPark 291,000 Galleria 75 Redevelopment Site Core Atlanta Cumberland/Galleria   RALEIGH, N.C., July 29, 2021 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of a portfolio of office assets from Preferred Apartment Communities, Inc. (NYSE:APTS) (“PAC”). The portfolio consists of four Class A office assets in Charlotte and Raleigh and one mixed-use redevelopment site in Atlanta. The Company’s total investment is expected to be $683 million, which includes $28 million of near-term building improvements and $4 million of transaction costs. The transaction...

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Emerita Announces Stock Option Grants

Emerita Announces Stock Option Grants

TORONTO, July 29, 2021 (GLOBE NEWSWIRE) — Emerita Resources Corp. (TSX – V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) has granted a total of 7,200,000 stock options to various directors, officers and consultants pursuant to its stock option plan. The options may be exercised at a price of $1.86 per option for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange. About Emerita Resources Corp.Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company’s corporate office and technical team are based in Sevilla, Spain with an administrative office in Toronto, Canada. For further information, contact: Joaquin Merino+34 (628) 1754 66 (Spain) Helia...

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Archrock Reports Second Quarter 2021 Results

Archrock Reports Second Quarter 2021 Results

HOUSTON, July 29, 2021 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the second quarter of 2021. Second Quarter 2021 Financial Results Revenue for the second quarter of 2021 was $195.6 million compared to $220.3 million in the second quarter of 2020. Net income for the second quarter of 2021 was $8.8 million compared to a net loss of $30.4 million in the second quarter of 2020. Adjusted EBITDA (a non-GAAP measure defined below) for the second quarter of 2021 was $87.0 million compared to $100.5 million in the second quarter of 2020. Previously declared quarterly dividend of $0.145 per common share for the second quarter of 2021 resulted in dividend coverage of 1.9x. Net cash provided by operating activities for the second quarter of 2021 was $49.1 million and free cash flow after dividend...

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Helios Fairfax Partners Corporation: Second Quarter Financial Results

Helios Fairfax Partners Corporation: Second Quarter Financial Results

TORONTO, July 29, 2021 (GLOBE NEWSWIRE) — NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (Note:  All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards, except as otherwise noted, and are unaudited.) Helios Fairfax Partners Corporation (TSX: HFPC.U) announces net earnings of $0.1 million in the second quarter of 2021, compared to a net loss of $4.2 million in the second quarter of 2020 ($0.07 net loss per diluted share), principally reflecting decreased net change in unrealized losses. Highlights in the second quarter of 2021 included the following: Net change in unrealized losses on investments of $3.0 million...

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Federal Home Loan Bank of San Francisco Announces Second Quarter 2021 Operating Results

Federal Home Loan Bank of San Francisco Announces Second Quarter 2021 Operating Results

SAN FRANCISCO, July 29, 2021 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of San Francisco (Bank) today announced its operating results for the second quarter of 2021. Net income for the second quarter of 2021 was $55 million, compared with net income of $88 million for the second quarter of 2020. The $33 million decrease in net income relative to the prior-year period reflected a decrease in net interest income of $17 million, a decrease in other income/(loss) of $17 million, and a decline in recovery of credit losses by $5 million. These decreases to net income were partially offset by a decrease in other expense of $4 million and a $2 million reduction in the Affordable Housing Program assessment, which reflected the decline in pre-assessment income. The $17 million decrease in net interest income primarily reflected a decrease...

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Bunker Hill Achieves U.S. Market Upgrade to OTCQB

Bunker Hill Achieves U.S. Market Upgrade to OTCQB

TORONTO, July 29, 2021 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to announce approval of its application for an upgrade to the OTCQB® Venture Market (the “OTCQB”). Bunker Hill Mining will commence trading on the OTCQB at market open on July 30, 2021, remaining under the symbol “BHLL”. Previously, the Company’s U.S. share trading was on OTC Pink, commonly referred to as the “pink sheets”. Key benefits of the OTCQB market for investors include greater visibility and trading access within the investment community, enhanced information availability to inform trading decisions, blue sky exemptions for brokers, and higher disclosure and financial standards. The OTCQB market also aligns the Company better with its peers. Sam Ash CEO stated, “As the next step in increasing our trading...

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Profire Energy Sets Second Quarter 2021 Conference Call for Thursday, August 5, 2021 at 1:00 p.m. ET

Profire Energy Sets Second Quarter 2021 Conference Call for Thursday, August 5, 2021 at 1:00 p.m. ET

LINDON, Utah, July 29, 2021 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, August 5, 2021 at 1:00 p.m. ET to discuss results for its 2021 second quarter ended June 30, 2021. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call. Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question-and-answer period. Date: Thursday, August 5, 2021Time: 1:00 p.m. ET (11:00 a.m. MT)Toll-free dial-in number: 1-877-705-6003International dial-in number: 1-201-493-6725The conference...

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Gaming and Leisure Properties, Inc. Reports Record Second Quarter 2021 Results

Gaming and Leisure Properties, Inc. Reports Record Second Quarter 2021 Results

WYOMISSING, Pa., July 29, 2021 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced record financial results for the quarter ended June 30, 2021. Financial Highlights     Three Months Ended June 30, (in millions, except per share data)   2021   2020 Total Revenue   $ 317.8   $ 262.0   Income from Operations   $ 212.1   $ 180.7   Net Income   $ 138.2   $ 112.4   FFO (1)   $ 195.1   $ 166.9   AFFO (2)   $ 203.8   $ 180.6   Adjusted EBITDA (3)   $ 276.2   $ 246.9             Net income, per diluted common share   $ 0.59   $ 0.52   FFO, per diluted common share   $ 0.83   $ 0.77   AFFO, per diluted common share   $ 0.87   $ 0.84   ___________________________ (1)  FFO is net income, excluding gains or losses from sales of property and real estate depreciation...

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Fluent, Inc. to Announce Second Quarter 2021 Financial Results on August 9, 2021

Fluent, Inc. to Announce Second Quarter 2021 Financial Results on August 9, 2021

NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, announced today that it will report its financial results for the second quarter ended June 30, 2021 after the close of the U.S. financial markets on Monday, August 9, 2021. The Company will host a conference call on August 9, 2021 at 4:30pm ET to discuss its quarterly results and provide a business update. The conference call information is listed below. The call will also be webcast simultaneously on the Fluent website at www.fluentco.com. Please login at least 15 minutes prior to the start of the call to ensure adequate time for any downloads that may be required. CONFERENCE CALL & WEBCAST INFORMATION WHEN: Monday, August 9, 2021 at 4:30pm ET DOMESTIC DIAL-IN: (844) 200-6205 INTERNATIONAL DIAL-IN:...

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