Year: 2021

Q3 2021 revenue from Skyline’s hotels and resorts increased by 79% to $45.1 million compared to $25.3 million  Q3 2020, due to continued improvement in demand and a relaxation in operating restrictions related to COVID-19; Q3 2021 Adjusted EBITDA strongly improved to positive $11.7 million versus $4.5 million in Q3 2020 and YTD Adjusted EBITDA was 236% higher than the same period in 2020, demonstrating a significant recovery in operations; Q3 2021 Funds From Operations (“FFO”) grew by 131% to $3.5 million, or $0.21 per share compared to Q3 2020 FFO of $1.5 million, or $0.09 per share; Same Property NOI for Q3 2021 was $13.8 million compared to $6.6 million in Q3 2020. The increase was driven mainly by improved occupancy at our hotels and resorts; The Canadian and US governments continue to provide support to the travel industry, and...

WOOD DALE, Ill., Nov. 12, 2021 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced third quarter 2021 financial results. Third Quarter 2021 Results Sales for the third quarter of 2021 were $117.6 million, an increase of $3.2 million, or 3%, compared to the comparable quarter last year as a result of higher sales of $10.7 million in the industrial end market, partly offset by decreases of $5.5 million and $2.0 million within the transportation and energy end markets, respectively. The increase in industrial end market sales was primarily due to higher demand for products across various applications, with the largest increase attributable to products used within the material...

ACTON, Mass., Nov. 12, 2021 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ:PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the third quarter ended September 30, 2021. The Company’s revenue for the quarter ended September 30, 2021, was $6.7 million versus $5.2 million for the quarter ended September 30, 2020, an increase of 29%. Net income for the quarter ended September 30, 2021, was $0.7 million or $0.13 per diluted share, versus net loss of $1.1 million or ($0.20) per diluted share, for the comparable period last year, an increase of $0.33 per diluted share. The Company’s revenue for the nine months ended September 30, 2021, was $18.5 million versus $16.0 million for the comparable period in 2020, an increase of 16%. Net income for the nine months ended September...

EDMONTON, Alberta, Nov. 12, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today reported its financial results for the three and nine months ended September 30, 2021.   Third Quarter Financial ResultsFor the third quarter of 2021, Alcanna’s same-store liquor sales from continuing operations was $145.4 million, 5.1% lower than Q3 2020 but an increase of 7.1% from Q3 2019. The operating profit before depreciation, remeasurements and provisions for the Company’s Liquor and Corporate Segments for the three months ended September 30, 2021 was $10.4 million compared to $13.9 million in Q3 2020 and $7.2 million for Q3 2019.The Company’s condensed interim consolidated financial statements and management’s discussion and analysis (“MDA”) for the three and nine months ended September 30, 2021 will be...

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and nine months ended September 30, 2021. All amounts in this news release are in thousands of Canadian dollars unless otherwise indicated.       “We are pleased to report another quarter of stable financial performance with an FFO payout ratio of 70.7%,” commented Mr. Todd Cook, Northview’s Chief Executive Officer. “The Northview team continues to focus its efforts and commitment on the safety of our residents, tenants, employees, and business partners, which was paramount as we experienced the fourth wave of COVID-19. The impact of the...