DLC Releases Q3-2022 Results; Achieves YTD Funded Volumes of $56.8 Billion

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 10, 2022 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended September 30, 2022 (“Q3-2022”) and nine months ended September 30, 2022. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All amounts are presented in Canadian dollars unless otherwise stated. Reference herein to the Dominion Lending Centres Group of Companies (the “DLC Group” or “Core Business Operations”) includes the Corporation and its three main subsidiaries, MCC Mortgage Centres Canada Inc. (“MCC”), MA Mortgage Architects Inc. (“MA”), and Newton Connectivity...

Vaccitech Reports Third Quarter 2022 Financial Results and Recent Corporate Developments

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

OXFORD, United Kingdom, Nov. 10, 2022 (GLOBE NEWSWIRE) — Vaccitech plc (NASDAQ: VACC) today announced its financial results for the third quarter ended September 30, 2022 and provided an overview of the Company’s recent corporate developments. Vaccitech is a clinical-stage biopharmaceutical company engaged in the discovery and development of novel immunotherapeutics and vaccines for the treatment and prevention of infectious diseases, autoimmunity, and cancer. “This has been a very exciting quarter at Vaccitech. During the past three months we have made significant progress on our clinical programs, strengthened our balance sheet and leadership team, and continued to actively engage with investors,” remarked Bill Enright, CEO of Vaccitech. “We dosed the first patient in our Phase 2b clinical trial of VTP-300 in HBV and reported...

Trust Stamp Achieves Revenue Increase of 309% and Gross Profit Increase of 915% for Q3 2022

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

Atlanta, GA, Nov. 10, 2022 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered trust and identity services used globally across multiple sectors, provides a business update and commentary on reported financial results for the three months ended September 30, 2022 (“Q3 2022”). Gareth Genner, Chief Executive Officer, comments, “We achieved a 309% year-over-year increase in revenue and a 915% increase in gross profit for Q3 2022, as well as a 208% increase in revenue and 354% in gross profit for the nine months ended September 30, 2022. We continue to deliver growth across our business platforms, which span enterprise, government, and peer-to-peer markets.” “Our technology has garnered interest across multiple government use cases in the United States and internationally, as governments look to update their...

Extendicare Announces 2022 Third Quarter Results

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

MARKHAM, Ontario, Nov. 10, 2022 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and nine months ended September 30, 2022. Results are presented in Canadian dollars unless otherwise noted. Third Quarter Highlights Average long-term care (“LTC”) occupancy improved by 90 bps to 91.1% from Q2 2022 levels, with high levels of COVID transmission in the community driving a persistent level of new outbreaks in LTC homes that are hindering the pace of occupancy recovery. LTC net operating income (“NOI”) margins are down 240 bps in Q3 2022 from the prior year driven by the cumulative impact of lower COVID-19 recoveries, higher operating costs and funding rate increases that have lagged inflationary pressures. High demand for home health care services continues; however,...

Northview Fund Announces Q3 2022 Financial Results, Including Strong Occupancy Gains and NOI Growth of 2.4%

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Nov. 10, 2022 (GLOBE NEWSWIRE) — Northview Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and nine months ended September 30, 2022. All amounts in this news release are in thousands of Canadian dollars unless otherwise indicated. “We achieved NOI growth of 2.4% in the third quarter of 2022, driven by improved multi-residential occupancy across the portfolio. Our team’s focus on residents’ customer service experience and operating efficiencies as well as improving economic conditions were the key drivers for the occupancy momentum from the prior quarter, including a 300 basis point improvement in Western Canada. These occupancy gains have helped offset continued inflationary...

Sangoma Announces First Quarter Fiscal 2023 Results

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

Sales grow 24% year-over-year and Services Revenue Exceeds 75% of Total Sales for the First Time MARKHAM, Ontario, Nov. 10, 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 its first quarter financial results and unaudited consolidated financial statements for the fiscal quarter ended September 30, 2022. Revenue for the first quarter of fiscal 2023 was $64.05 million, an increase from the prior year of 24%. US $m Q1 FY2023 Q1 FY2022 Change Q4 FY2022 Change Sales $64.05 $51.50 24% $66.29 (3%) Gross profit $43.34 $36.87 18% $44.47 (3%) Operating expense $44.41 $37.73 18% $45.71 (3%) Adjusted operating income1 (loss) ($1.07) ($0.86) ($1.24) Net...

Crown Point Announces Operating and Financial Results for the Three and Nine Months Ended September 30, 2022

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Nov. 10, 2022 (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 nine months ended September 30, 2022. Copies of the Company’s September 30, 2022 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 nine months ended September...

Stantec delivers record third quarter results and all-time high backlog of $6.2 billion

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

Q3 Highlights Net revenue of $1.2 billion, up 24.3% over Q3 2021 Adjusted diluted EPS1 of $0.86, up 19.4% over Q3 2021 Backlog of $6.2 billion, up 20.2% since December 31, 2021 EDMONTON, Alberta and NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) — Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three and nine month periods ended September 30, 2022. Stantec delivered record third quarter adjusted diluted EPS of $0.86 driven by significant net revenue growth and solid project margin. Net revenue of $1.2 billion in the third quarter was generated on the strength of 11.0% organic growth1 and 12.9% acquisition growth1. Consistent with the first half of 2022, every regional and business operating unit delivered organic net revenue growth in the third quarter. Project margin...

FlexShopper, Inc. Reports Third Quarter 2022 Financial Results

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

BOCA RATON, Fla., Nov. 10, 2022 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended September 30, 2022. Results for Quarter Ended September 30, 2022 vs. Quarter Ended September 30, 2021: Total fundings increased 60.1% to $25.8 million from $16.1 million consisting of gross lease originations decreasing from $15.9 to $15.7 million and loan participations up ~4,350% from $226 thousand to $10.1 million Total net lease revenues and fees decreased 20.3% to $24.5 million from $30.7 million Total net loan revenues and fees increased 1,249% to $1.6 million from $121 thousand Gross profit decreased 49.8% to $6.4 million from $12.7 million Adjusted EBITDA1 decreased to $(2.9)...

PLx Pharma Inc. Reports Third Quarter 2022 Results and Provides Business Update

Written by Customer Service on November 10, 2022. Posted in Earnings Releases And Operating Results.

– Significant Reduction in Operating Expenses – Strategic Alternatives Process Ongoing Total Net Sales of $0.4 Million, Including $0.3 Million of Unfavorable Adjustments for Additional Trade Allowances and Incremental Sales Returns Reserves in Q3 2022 Total Operating Expenses Significantly Lower by $2.8 Million, or 22%, in Q3 2022 vs. Q3 2021; $4.4 Million or 31% Lower Sequentially vs. Q2 2022 GAAP Net Loss of ($0.30) Per Diluted Share in Q3 2022; Adjusted Non-GAAP Net Loss Per Diluted Share of ($0.37) Cash & Cash Equivalent Balance of $25.8 Million as of September 30, 2022 SPARTA, N.J., Nov. 10, 2022 (GLOBE NEWSWIRE) — PLx Pharma Inc. (NASDAQ: PLXP) (“PLx” or the “Company”), is a commercial-stage drug delivery platform technology company focused on its clinically-validated and patent-protected PLxGuard™...

Day: November 10, 2022

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