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Month: August 2022

Star Equity Holdings, Inc. Announces 2022 Second Quarter Financial Results

Reported a 306% increase in Q2 2022 gross profit and a 19% increase in revenues Construction division reported a 54% increase in revenue and a significant improvement in gross margin Ended Q2 2022 with $13.7 million in cash and cash equivalents OLD GREENWICH, Conn., Aug. 12, 2022 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified holding company, reported today its financial results for the second quarter (Q2) and six months (6M) ended June 30, 2022. Following the sale of a portion of our Healthcare business in early 2021, all financial results for the 2022 and 2021 reporting periods, unless stated otherwise, relate to continuing operations, which include the Healthcare, Construction, and Investments divisions. Q2 2022 Financial Highlights vs. Q2 2021 (unaudited)Revenues...

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Barnwell Industries, Inc. Reports Earnings for the Third Quarter and Nine Months Ended June 30, 2022 and the Declaration of a Cash Dividend

HONOLULU, Aug. 12, 2022 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported net earnings of $2,531,000, $0.25 per share, and $5,656,000, $0.59 per share, for the three and nine months ended June 30, 2022, respectively, as compared to net earnings of $4,978,000, $0.59 per share, and $4,706,000, $0.57 per share, for the three and nine months ended June 30, 2021, respectively. Mr. Alexander C. Kinzler, Chief Executive Officer of Barnwell, commented, “We are pleased to report that our oil and natural gas revenues have more than doubled in both the three months and nine months ended June 30, 2022, as compared to the prior year periods. This is due to higher prices for all products; oil, natural gas, and natural gas liquids increasing 71%, 137%, and 47%, respectively, for our third quarter as compared to...

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Victoria Gold Reports 2022 Second Quarter Results

TORONTO, Aug. 12, 2022 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce its second quarter 2022 summary financial and operating results. The Company will host a conference call and webcast Monday August 15th at 8:00am PST (11:00am EST) to discuss the second quarter consolidated results (details are provided at the end of this news release). The Company uses certain non-IFRS performance measures throughout this news release. Please refer to the “Non-IFRS Performance Measures” section of this new release for more information. All currency figures are in Canadian $ unless otherwise indicated. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2022 and...

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AirSculpt Technologies, Inc. Announces Special Dividend

MIAMI BEACH, Fla., Aug. 12, 2022 (GLOBE NEWSWIRE) — The Board of Directors of AirSculpt Technologies, Inc. (NASDAQ:AIRS)(“AirSculpt” or the “Company”) today declared a special dividend of $0.41 per share special cash dividend. The dividend will be paid on September 14, 2022, to shareholders of record at the close of business on August 26, 2022. “We are pleased to announce this return of capital to shareholders,” said Adam Feinstein, Chairman of the Board of Directors. “Our Board’s approval of the special dividend reflects our confidence in the Company’s long-term growth potential and strong balance sheet, allowing us to pay a dividend to shareholders from excess cash from operations, while maintaining financial and operational flexibility to continue to grow our business over the long term.” About AirSculpt Technologies AirSculpt...

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Orla Mining Closes Acquisition of Gold Standard Ventures

VANCOUVER, British Columbia, Aug. 12, 2022 (GLOBE NEWSWIRE) — Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) and Gold Standard Ventures Corp. (“Gold Standard” or “GSV”) (TSX: GSV; NYSE: GSV) are pleased to announce that Orla has completed the previously announced acquisition of Gold Standard by way of court-approved plan of arrangement (the “Transaction”). “The closing of this acquisition marks an important milestone in Orla’s journey in becoming a growth-oriented, low-cost, mid-tier gold producer,” said Jason Simpson, President and Chief Executive Officer of Orla Mining. “We will seek to generate shareholder value through effectively exploring, building and operating our asset base, which now includes the South Railroad project located on the prolific Carlin trend.” Under the terms of the Transaction,...

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AirSculpt Technologies, Inc. Announces Second Quarter 2022 Results and Authorizes Special Cash Dividend

MIAMI BEACH, Fla., Aug. 12, 2022 (GLOBE NEWSWIRE) — AirSculpt Technologies, Inc. (NASDAQ:AIRS)(“AirSculpt” or the “Company”), a national provider of premium body contouring procedures, today announced results for the second quarter ended June 30, 2022. Additionally, its Board of Directors declared a $0.41 per share special cash dividend. The dividend will be paid on September 14, 2022, to shareholders of record at the close of business on August 26, 2022. The dividend is expected to be funded through cash from operations with no additional debt being raised.Revenue increased 42.0% from prior year period to $49.7 million Strong same-center revenue growth of 20.4% Robust cash flow from operations of $10.4 million Expect to open four de novo centers per year Reiterating 2022 outlook“We are very pleased with the results of the...

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MT Højgaard Holding A/S: MT Højgaard Danmark enters conditional DKK 1.3bn contract with DSB

MT Højgaard Holding’s business unit MT Højgaard Danmark has entered a conditional turnkey contract with DSB for the construction of a train workshop with related railway facilities in Næstved. The contract value is DKK 1.3 billion. The contract will be unconditional when it has been acceded by Board of Directors of DSB on 25 August 2022 and the project has been approved in accordance with section 25 (1) in the Danish environmental assessment act on 30 September 2022. The contract is part of DSB’s conditional and staged tender, which MT Højgaard Danmark won in the spring of 2021, cf. company announcement no. 23/2021 dated 30 March 2021. The tender is comprised of 3 phases:Phase 0: Implementation phase including kick off workshop Phase 1: Cooperation phase Phase 2: Turnkey and execution phaseDuring phase 1, the construction and execution...

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“Novaturas” will hold an Investor Conference Webinar to introduce the financial results for the 1H of 2022

AB “Novaturas” invites shareholders, investors, analysts and other stakeholders to join its investor conference webinar scheduled on the August 18, 2022 at 9:00 am (EET). The presentation will be held in English. The webinar will be hosted by the Chief Executive Officer of the Company Vitalij Rakovski who will introduce the Company’s unaudited financial results for the first half of 2022 and will answer the participants’ questions. After the presentation investors are welcome to ask questions. Due to limited webinar time, we encourage participants to send their questions before the webinar until August 18th at Emilija.Ivanauskaite@nasdaq.com How to join the webinar? To join the webinar, please register via following link: https://nasdaq.zoom.us/webinar/register/WN_1T_cnVvURfuuSAq6Jufj2Q. You will be provided with the webinar link and instructions...

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TDC Holding: Interim Financial Report Q2 2022

TDC HoldingRevenue was stable in Q2 as reflected by 0.7% growth in Q2 2022 as compared to Q2 2021 (Q2 YoY). Revenue development in Nuuday was positively impacted by a high growth in revenue from mobility services and TV. Gross profit increased by 0.6% Q2 YoY, driven by the higher margins on mobility services and high speed broadband offerings in TDC NET and was partly offset by higher 3rd party network costs for Nuuday in connection with the continuing migration from DSL to fibre. Operating expenses increased by 3.9% Q2 YoY, which reflects a decrease in Nuuday due to focus on operational improvements in Nuuday and higher external spending partly related to higher power prices in TDC NET. EBITDA decreased by 1.8% Q2 YoY and totalled DKK 1,592m in the second quarter. Capital expenditure decreased by 2.5% Q2 YoY. The decrease partially...

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TDC NET Holding: Interim Financial Report H1 2022

Revenue growth of 0.3% YoY, as increased revenue from mobility services and high-speed broadband more than outweighed lower revenue from legacy products EBITDA growth of 1.8% YoY, driven by improvements in gross profit margin despite rising costs for, among others, power Capital expenditures totalled DKK 1,454m, down by 4.0% YoY with continued high investments in fibre rollout and IT applications; 48k new homes were passed with fibre in H1 2022 Halfway through 2022, TDC NET confirms our full-year guidance with a flat revenue development, low single-digit EBITDA growth and an investment level similar to 2021 TDC NET entered a long-term secured infrastructure financing platform of EUR 3.3bn, partly replaced by EUR 500m in Sustainability Linked Notes. In addition, TDC NET obtained bilateral loans of EUR 100m TDC NET introduced a Fibre Activation...

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