Day: May 4, 2022

Record Company Revenue of $324.1 Million, 11.6% Higher than Last Year and 2.2% Higher Sequentially Electronic Materials Segment Revenue of $274.5 Million, 13.2% Higher than Last Year and 2.6% Higher Sequentially Net Income of $34.6 Million; Adjusted Net Income of $56.4 Million, 11.1% Higher Than Last Year Adjusted EBITDA of $96.3 Million, 13.6% Higher Than Last YearAURORA, Ill., May 04, 2022 (GLOBE NEWSWIRE) — CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its second quarter of fiscal 2022, which ended March 31, 2022. “We are very pleased to report strong results for our second fiscal quarter, which represents our sixth consecutive quarter of record revenue, driven by continued robust demand for our Electronic...

CALGARY, Alberta, May 04, 2022 (GLOBE NEWSWIRE) — First Quarter HighlightsThe Corporation’s adjusted EBITDA(1) excluding share-based compensation increased to $18.4 million. Consolidated revenue of $112.1 million is the second highest first quarter revenue in the Corporation’s history, an increase of 60 percent over the comparative 2021-quarter. PHX Energy’s US division generated the highest quarterly revenue in the Corporation’s history, $81.8 million, 73 percent of consolidated revenue. The 2022 capital expenditure program is now anticipated to be $85 million, which is targeted to be allocated towards expanding the fleet of premium equipment for increased forecasted activity in late 2022 and 2023. Quarterly dividend of $0.075 per common share was paid on April 18, 2022, which is triple the dividend per share declared in the...

VANCOUVER, British Columbia, May 04, 2022 (GLOBE NEWSWIRE) — ParcelPal Logistics Inc. (“ParcelPal” or the “Company”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce its FY 2021 financial results again highlighted by record revenue numbers and record margins. Overview In FY 2021, the Company expanded into new geographic areas and again achieved record revenue numbers, which was driven by annual revenue growth of nearly 19% to approximately $7.5 million (up from $6.3 million in FY 2020). The Company also entered into the Unites States market in September 2021 with its first acquisition. It is important to note that in 2021 we only recognized just over three months of revenue from the acquisition, but will get the benefit in 2022 of the full year of U.S. operation revenues in 2022. Some additional highlights of the year included...

CALGARY, Alberta, May 04, 2022 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three months ended March 31, 2022. Summary Table of First Quarter of 2022 Financial and Operating Results(Unaudited)($ Canadian millions, except per share amounts, horsepower, and percentages) Three months ended March 31,    2022     2021(1)     Change  Revenue $ 323.1   $ 203.2   $ 119.9  Gross margin   53.6     45.5     8.1  Operating Income   6.8     7.0     (0.2)  EBIT   7.1     6.6     0.5  EBITDA(2)   29.0     27.7     1.3  Adjusted EBITDA(3)   38.7     29.6     9.1  Net earnings   (0.4)     3.0     (3.4)  Earnings per share – basic   (0.00)     0.03     (0.03)  Recurring...

TORONTO, May 04, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2022 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “We had another exceptional quarter with a same store NOI growth of 18.1% and AFFO per share growth of 52.1%. For the balance of the year, we will continue to be disciplined purchasers of assets and focus on maximizing revenues, NOI and free cash flow.” 2022 First Quarter ResultsRevenue for the first quarter of 2022 increased to $57.5 million compared to $43.3 million in Q1 2021 and net operating income (“NOI”), a non-IFRS measure, grew to $36.6 million from $27.4 million for the comparative period. Our cash flow from operations increased year over year and when combined with our financing...

HOUSTON, May 04, 2022 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its first quarter ended March 31, 2022. SEACOR Marine’s consolidated operating revenues from continuing operations for the first quarter of 2022 were $45.6 million, operating loss was $17.1 million, and direct vessel profit (“DVP”)(1) was $6.1 million. This compares to consolidated operating revenues from continuing operations of $36.5 million, operating loss of $16.6 million, and DVP of $10.2 million in the first quarter of 2021. Notable first quarter items include:Average utilization rates of 70%, the highest for our seasonally low first quarter since 2014. 25% improvement in...

PHOENIX, May 04, 2022 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the first quarter ended March 31, 2022. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below.) Q1 2022 Financial HighlightsRevenues increased $0.8 million, or 8.3%, to $10.0 million, driven primarily by organic growth and new connections from the company’s acquisition of Las Quintas Serenas Water Company, Inc. (Las Quintas) in November 2021 which together reflects the 9.7% increase in active service connections year-over-year. Net income increased $1.1 million to $0.9 million, or $0.04 per share, for the first quarter...

NEWPORT BEACH, Calif., May 04, 2022 (GLOBE NEWSWIRE) — CV Holdings, Inc. (OTC Pink Limited:CVHL) (the “Company”) today reported a net loss for the year ended December 31, 2021 of $(12,399,758) or $(0.19) per common share with weighted average common shares of 64,413,784 issued and outstanding during 2021. Taking into account the December 31, 2021 balance of 64,413,784 common shares issued and outstanding and 7,172,774 warrants and stock options outstanding, the net loss was $(0.17) per diluted common share based on 71,586,558 common shares outstanding on a fully-diluted basis. The net loss for the year ended December 31, 2021 was primarily due to interest expense on preferred equity of $11,529,709, as well as salaries and related payroll expenses of $5,026,138, general and administrative expenses of $3,398,403, provision for loan...

(All monetary figures are expressed in U.S. dollars unless otherwise stated) TORONTO, May 04, 2022 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today announced its operating and financial results for the first quarter of 2022. All operational and financial information contained in this news release are related to continuing operations, unless otherwise stated. Highlights:Solid metals production – Produced 62,915 ounces of gold and 7.7 million pounds of copper, in line with 2022 guidance; Strong all-in sustaining cost performance – Reported cost of sales per ounce of gold sold(1) of $1,103, and an all-in sustaining cost per ounce of gold sold(2) of $684, which is below the low end of the 2022 guidance range; Chelopech Mineral Reserve update and optimized mine plan – In March, DPM announced...