Month: August 2021

(All amounts expressed in US dollars, tabular amounts in million, unless otherwise stated) VANCOUVER, British Columbia, Aug. 11, 2021 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported second quarter 2021 net income of $16.2 million, adjusted net income1 of $21.5 million, and adjusted EBITDA1 of $54.9 million. Jorge A. Ganoza, President and CEO, commented, “In spite of COVID-19 related challenges at Lindero, which have led us to revise guidance for the year, our second quarter results continue to reflect the strength of our business with record sales of $120.5 million and consolidated EBITDA1 margins above 45%.” Mr. Ganoza continued, “At Lindero, we have been gradually overcoming the COVID-19 travel restrictions which have limited access to on-site foreign technical support,...

Company to Host Conference Call and Live Q&A Session, August 26, 2021, at 10:00am PT/ 1:00pm ET/ 19:00 CET IRVINE, CA, and HERSTAL, BELGIUM – August 12, 2021, 1:00 AM (CET)– MDxHealth SA (Euronext: MDXH.BR), a commercial-stage innovative precision diagnostics company, today announced it will release its financial results for the half year ended June 30, 2021, after market close of the Brussels Stock Exchange on Thursday August 26, 2021.Title:MDxHealth Presents First Half 2021 Financial Results and Recent Corporate Update Conference Call and Webcast  Speakers: Michael K. McGarrity, Chief Executive OfficerRon Kalfus, Chief Financial OfficerDate: Thursday, August 26, 2021Time: 10:00am PT/ 1:00pm ET/ 19:00 CETConference Call Dial-in Details:International: 323-794-2093Belgium: 0800 58228The Netherlands: 0800 023 1436United...

In a release issued under the same headline earlier today by Rackspace Technology, Inc. (Nasdaq: RXT), headers have been corrected and replaced in several financial tables. Complete corrected text follows.Rackspace Technology Reports Second Quarter 2021 ResultsRecord Revenue of $744 million in the Second Quarter, up 13% Year-over-Year Core Revenue Grew 17% to $698 million Net loss of $(37) million, or $(0.18) per diluted share Non-GAAP Earnings Per Share Grew 14% Year-over-Year to $0.24 Quarterly Cash Flow From Operating Activities of $106 millionSAN ANTONIO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company, today announced results for its second quarter ended June 30, 2021. Kevin Jones, Chief Executive Officer, commented, “Our second quarter...

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2022 first quarter ended June 30, 2021 as well as material events which occurred subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated) HighlightsJune 30, 2021 book value was $867.3 million or $57.60 per share compared with $857.8 million or $56.96 per share as at March 31, 2021 Net income for the quarter ended June 30, 2021 was $18.1 million or $1.21 per share Subsequent to quarter end, Clairvest paid $0.5696 in dividendsClairvest’s book value was $867.3 million or $57.60 per share as at June 30, 2021, compared with $857.8 million or $56.96 per share as at March 31, 2021. The increase in book value for the quarter was attributable to net income for the quarter of $18.1 million, or...

Reports Net Income of $5.9 Million, or $0.10 per Diluted Share HOUSTON, Aug. 11, 2021 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) today reported operational and financial results for the second quarter of 2021. Highlights and Recent Key Items:Reported strong Q2 2021 net income of $5.9 million ($0.10 per diluted share) and Adjusted Net Income(1) of $8.4 million ($0.14 per diluted share); Generated continued strong Adjusted EBITDAX(1) of $21.9 million in Q2 2021 and has now generated $40.0 million in the first half of 2021, more than VAALCO generated in full years 2019 or 2020; Sold 642,000 barrels of oil in Q2 2021, an increase of 4% over the first quarter of 2021 and above the high end of 2Q 2021 guidance; Produced 8,018 net revenue interest (“NRI”)(2) barrels of crude oil per day (“BOPD”), or 9,216 working...

COLUMBUS, Ohio, Aug. 11, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter ended June 30, 2021. Root’s second quarter financial results and management commentary can be found by accessing the shareholder letter posted to the company’s investor relations website at ir.joinroot.com. Root will host a conference call and earnings webcast to discuss the results tomorrow, Thursday, August 12, at 8:00 a.m. Eastern Time, and to provide an update on company operations. To listen to the live audio webcast, please visit the News & Events section of Root’s Investor Relations website at ir.joinroot.com. A replay will be available on the same website following the call. Webcast and Conference Call DetailsDate: August 12, 2021  Time: 8:00...

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the quarter ended June 30, 2021. The Company’s condensed and consolidated interim financial results for the quarter ended June 30, 2021, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated. Second Quarter 2021 Highlights:Quarterly revenue of $51.4 million – second highest since Q2 2016; Adjusted EBITDA of $23.1 million; $12.7 million free cash flow and $26.6 million in net...

TORONTO, Aug. 11, 2021 (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, 2021. All dollar amounts are stated in U.S. funds. Highlights for the three months ended June 30, 2021:FFO per Unit and AFFO per Unit increased 17.5% and 28.8% over the same period last year Generated $1.2 million of private capital fee revenue Collected 99.8% of billed rent for the quarter Same properties NOI increased 3.5% Contributed an industrial land parcel in Southern California into a joint venture for net cash proceeds of $15.5 million and acquired a $10.1 million property in Charlotte, North Carolina which the REIT intends to contribute into a joint venture Leverage, measured as Debt-to-assets, decreased to 39.1% and...

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its operating and financial results for the three and six months ended June 30, 2021. Copies of the Company’s June 30, 2021 unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated. References to “ARS” are to Argentina Pesos. In the following discussion, the three and the six months ended June 30, 2021 may be...

Maintained $1.85 per unit annualized distribution; Portfolio continues to provide recurring income with an occupancy rate of 97.1%; Non-retail pipeline reaches 55 million square feet across the network (inclusive of partners’ share); Average collection levels across the portfolio approximate 95% for the quarter; Approximately 70% of the 631 unit presold condominium units at Transit City 3 closed during the quarter generating FFO of $12.9 million ($0.07 per Unit), the remaining units closed subsequent to quarter end; ACFO Payout Ratio declines to 84.5%; and Strong debt metrics continue, including Debt to Total Assets of 44.6%, Interest Coverage Ratio net of capitalized interest multiple of 3.8X, and Adjusted Debt to Adjusted EBITDA multiple of 8.2X.TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment...