Month: May 2022

Sangoma Announces Third Quarter Fiscal 2022 Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

Another Record Result, as Both Revenue and Adjusted EBITDA1Almost Double that of Last Year MARKHAM, Ontario, May 12, 2022 (GLOBE NEWSWIRE) — Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced highlights of its unaudited results for the third quarter of fiscal year 2022, ended March 31, 2022. As a reminder, Sangoma completed its acquisition of NetFortris Corporation (“NetFortris”) on March 28, 2022. As a result, there is minimal impact from NetFortris on Sangoma’s income statement for the third quarter, except for the transaction expenses and their effect on net income. Sales for the third quarter of fiscal 2022 were a record $55.13 million, almost twice that of the same...

ChampionX Declares Quarterly Dividend

Written by Customer Service on May 12, 2022. Posted in Dividend Reports And Estimates.

THE WOODLANDS, Texas, May 12, 2022 (GLOBE NEWSWIRE) — ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.075 per share on the company’s common stock, par value $0.01 per share, to be paid on July 29, 2022 to shareholders of record on July 1, 2022. About ChampionX ChampionX is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells. To learn more about ChampionX, visit our website at www.championX.com. Investor Contact:Byron Pope – byron.pope@championx.com – 281-602-0094 Media Contact:John Breed – john.breed@championx.com...

Daily Journal Corporation Announces Financial Results for the Six Months ended March 31, 2022

Written by Customer Service on May 12, 2022. Posted in Public Companies.

LOS ANGELES, May 12, 2022 (GLOBE NEWSWIRE) — During the six months ended March 31, 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $22,245,000 as compared with $24,390,000 in the prior year period. This decrease of $2,145,000 was primarily from decreases in (i) Journal Technologies’ license and maintenance fees of $2,300,000, consulting fees of $119,000 and public service fees of $23,000, and (ii) the Traditional Business’ circulation revenues of $150,000, partially offset by increases in the Traditional Business’ advertising net revenues of $236,000 and advertising service fees and other of $211,000. The Traditional Business’ pretax income increased by $2,940,000 to $2,592,000 from a pretax loss of $348,000 in the prior fiscal year period, primarily resulting from a reduction to the long-term supplemental...

Sienna Senior Living Inc. Reports First Quarter 2022 Financial Results and Provides Update on Operating and Growth Initiatives

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

MARKHAM, Ontario, May 12, 2022 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced its financial results for the three months ended March 31, 2022 and provided an update on recent growth and operating initiatives. The Consolidated Financial Statements and accompanying Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.siennaliving.ca and on SEDAR at www.sedar.com. During the first quarter of 2022, Sienna made significant progress with respect to many of the Company’s strategic initiatives to grow the Company’s asset base and increase the scale and depth of its operations. “Our strategic initiatives to enhance our operating platforms and grow our Company are positioning us to meet the needs of an unprecedented demographic shift and growth...

ECN Capital Reports US$0.06 in Adjusted Net Income per Common Share in Q1-2022

Written by Customer Service on May 12, 2022. Posted in Dividend Reports And Estimates.

Solid Q1 2022 Results Across Businesses TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended March 31, 2022. For the three-month period ended March 31, 2022, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $14.3 million or $0.06 per share (basic) versus $13.8 million or $0.06 per share (basic) for the previous three-month period and $4.7 million or $0.02 per share (basic) for the same period last year. “I am extremely pleased with the growth and resilience of our businesses in Q1”, said Steven Hudson, CEO of ECN Capital Corp. “Triad, Source One and KG together produced ahead of plan results driving adjusted operating earnings of $0.06, ahead of our guidance...

Proactive news headlines including Disney, Touchstone Exploration, Global Energy Metals, New Age Metals and CULT Food Science

Written by Customer Service on May 12, 2022. Posted in Mergers And Acquisitions.

New York, May 12, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Walt Disney reports higher streaming services sign-ups unlike rival Netflix Touchstone Exploration quarterly sales rise 28% boosted by oil and gas prices Global Energy Metals CEO says shareholders expected to benefit greatly as electric revolution strengthens New Age Metals eyeing busy months ahead as it advances ‘green’ agenda with two divisions CULT Food Science hails cellular agriculture as ‘viable solution’ to help combat global food insecurity Manganese X Energy says positive PEA for its Battery Hill project includes an after-tax NPV 10% of $486M Mandalay Resources reports strong Q1 results; EBITDA second highest in its history CareRx...

One Liberty Properties Increases Industrial Property Portfolio With $17.0 Million Purchase

Written by Customer Service on May 12, 2022. Posted in Mergers And Acquisitions.

GREAT NECK, N.Y., May 12, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets, today announced that it acquired a 213,000 square foot industrial building located in Dalton, Georgia for $17.0 million. The property is leased through mid-2032 to Q.E.P. Co., Inc., a manufacturer and distributor of flooring and installation solutions for commercial and home applications. The net lease provides for an annual base rent of approximately $883,000 with annual increases of 3.0% beginning in 2023. The Class B facility, which was constructed in 1996, has good access to I-75, is located between Chattanooga and Atlanta, features 24-foot through 31-foot clear heights in the warehouse and 25 loading-dock doors. The Company anticipates it will...

Shift Closes Acquisition of Fair’s Dealer Listing Marketplace Technology

Written by Customer Service on May 12, 2022. Posted in Mergers And Acquisitions.

SAN FRANCISCO, May 12, 2022 (GLOBE NEWSWIRE) — Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has closed its acquisition of certain assets of Fair Financial Corp. and certain of its subsidiaries (“Fair”) and the acquisition of the equity interests of a subsidiary of Fair. Concurrently with the closing of the Fair acquisition, Shift also closed the issuance of senior unsecured notes to an affiliate of SoftBank Group Corp. (“SoftBank Group”). The original press release announcing the acquisition and note issuance can be found on Shift’s investor relations website. “We look forward to welcoming new members to our team and building out the marketplace, accelerating our vision of becoming the destination...

VSBLTY NAMED INTEL® CHANNEL PARTNER OF THE YEAR AT INTEL VISION 2022

Written by Customer Service on May 12, 2022. Posted in Public Companies.

VSBLTY Cited in Software Category for AI-Driven Vector™, VisionCaptor™ & DataCaptor™ Philadelphia, PA, May 12, 2022 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today announced that the company has been named a Channel Partner of the Year at Intel Vision 2022, which ended May 11. It is at this event that Intel® leaders recognize partner companies for outstanding achievement. The North America Channel Partner of the Year awards honor Intel partners that enhance technology innovation, sales growth, go-to-market strategies and marketing. These awards recognize the innovative solutions of Intel and its partners that are made possible through continued ecosystem collaboration. VSBLTY was honored...

Fusion Fuel Green Announces First Quarter 2022 Webcast Date

Written by Customer Service on May 12, 2022. Posted in Public Companies.

DUBLIN, Ireland, May 12, 2022 (GLOBE NEWSWIRE) — Fusion Fuel Green plc (NASDAQ: HTOO) announced today that it will be hosting a live conference call and webcast on Thursday, May 26, 2022 where management will discuss first quarter financial results and operational highlights. Join the webcast:Date: May 26, 2022 Time: 10:00am ET Participant Dial-In: +1 (312) 248-9348Participant ID: 889672 Participant Passcode: 8176Webcast registration page: https://www.bigmarker.com/izigo/Q1-Update-Fusion-FuelThe webcast may also be accessed through the Events page on the Fusion Fuel website (https://www.fusion-fuel.eu). A playback will be available for replay online for a period of time following the call. About Fusion Fuel Green plc Fusion Fuel is an emerging leader in the green hydrogen sector committed to accelerating the energy transition...

Month: May 2022

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