Day: March 8, 2023

TORONTO, March 08, 2023 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) reported today its operational and financial results for the three and twelve months ended December 31, 2022. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (MD&A) and audited consolidated financial statements for the years ended December 31, 2022, and 2021, which are available on the Company’s website and at www.sedar.com. Highlights from the fourth quarter of 2022 include1:On a consolidated basis, revenue was $345 million, income from operations was $11 million and Adjusted EBITDA was $38 million, which includes expenses of over $16 million of share-based incentive compensation costs following a 61% stock price increase during the quarter. Full year consolidated revenue...

Fourth Quarter and Full Year 2022 Highlights:Gross revenues of $105.1 million for the year, up 2% versus 2021 Operating income of $36.8 million for the year, down 3% versus 2021 Operating profit margin of 36.1% for the year, versus 38.0% for 2021 Net income of $30.8 million for 2022, up 1% versus 2021, and GAAP diluted EPS of $2.53 versus $2.52 for 2021 Total cash returned to shareholders during 2022 of $29.1 million, comprised of dividends of $26.4 million and repurchases of common shares of $2.8 million, up 8% versus 2021 Announcing first quarter 2023 dividend of $0.18 per share 615 OTCQX® and 1,239 OTCQB® companies at year end, each up 8% versus the prior year end 74 graduates to a national securities exchange during 2022 102 subscribers to OTC Link ECN as of year-end 2022, up 9 versus 2021; approximately 36,000 average daily trades...

SHANGHAI, China, March 08, 2023 (GLOBE NEWSWIRE) — Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter and Fiscal Year 2022 HighlightsTotal net revenues in the fourth quarter were RMB2,681.0 million, an increase of 31.9% year over year from RMB2,032.1 million in the same quarter of 2021. Total net revenues in 2022 were RMB9,367.6 million, an increase of 36.4% year over year from RMB6,866.3 million in 2021. Total Gross Merchandise Volume (“GMV”) of JDDJ in 2022 was RMB63.3 billion, an increase of 46.9% year over year from RMB43.1 billion in 2021. Number of active consumers in 2022 was 78.6 million, as compared with 62.3 million in 2021.“We...

Robust Q4 2022 performance with strong organic growth (9.5% when adjusted for the same number of billable days compared to Q4 2021) and an improved adjusted EBITDA margin (+70 bps) demonstrating continued momentum in our key markets 2022 full year accomplishments:Best net revenue organic growth of the last decade at 7.3% Adjusted EBITDA up 16%, reaching the higher end of our range and a 30-bps increase in Adjusted EBITDA margin Adjusted net earnings up 17% Backlog up 24.8% in the year and organic growth of 7.6% Strengthened our platform with strategic acquisitions in key geographies Tracking positively towards 2024 strategic financial ambitionsMacky Tall to join our Board of directorsMONTREAL, March 08, 2023 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announced financial and operating...

CALGARY, Alberta, March 08, 2023 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented, liquids rich natural gas producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce our operating and financial results for the three and twelve-month periods ended December 31, 2022. Crew’s audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at www.sedar.com. HIGHLIGHTS33,277 boe per day1 (200 mmcfe per day) average production in 2022 grew 26% over 2021, exceeding guidance of 32,500 to 33,000 boe per day, while Q4/22 average production of 32,893 boe per day1 (197 mmcfe per day) also surpassed guidance of 30,000 to 32,000...

Entered into a €40 million credit facility with the European Investment Bank and closed an approximatively $25 million follow-on equity offering to support Cellectis’ research, development and innovation activitiesPositive preliminary clinical data from Phase 1 BALLI-01 study (evaluating UCART22) for patients with r/r B-cell ALL presented in a Live Webcast; First patient dosed with UCART22 product candidate fully manufactured in-houseEncouraging preliminary results from Phase 1 AMELI-01 study (evaluating UCART123) for patients with AML presented at an oral session at ASH 2022; AMELI-01 currently enrolling in a two-dose regimen arm at DL2Partner Allogene Therapeutics initiated Phase 2 of ALPHA2 trial in relapsed/refractory Large B Cell Lymphoma (r/r LBCL)Cellectis partnered with Primera Therapeutics to edit mutations in the...

Dallas, Texas, March 08, 2023 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $6.1 million, or $.13 per share, in the fourth quarter of 2022 compared to net income attributable to NL stockholders of $14.9 million, or $.31 per share, in the fourth quarter of 2021. NL’s results include an unrealized loss of $3.8 million in the fourth quarter of 2022 related to the change in value of marketable equity securities compared to a $6.5 million unrealized gain in the fourth quarter of 2021. For the full year of 2022, NL reported net income attributable to NL stockholders of $33.8 million, or $.69 per share, compared to net income attributable to NL stockholders of $51.2 million, or $1.05 per share for the full year of 2021. NL’s results include an unrealized loss of $8.1 million...

Outlines Transform and Grow Strategy; Provides 2023 Outlook RICHARDSON, Texas, March 08, 2023 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter and Full Year SummaryFourth quarter worldwide net sales decreased to $499 million, down 17% on a reported basis and 12% in constant currency with sales declines across all regions. Growth in the Company’s direct to consumer channel was offset by declines in wholesale.Full year worldwide net sales decreased to $1,682 million, down 10% on a reported basis and 5% in constant currency with wholesale channel sales down 11% in constant currency and direct to consumer channel sales up 5%, including comparable retail sales growth of 15%.Full year operating loss was $1 million...

Dallas, Texas, March 08, 2023 (GLOBE NEWSWIRE) — Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss of $19.9 million, or $.18 per share, in the fourth quarter of 2022 compared to net income of $31.6 million, or $.28 per share, in the fourth quarter of 2021. For the full year of 2022, Kronos Worldwide reported net income of $104.5 million, or $0.90 per share, compared to net income of $112.9 million, or $.98 per share for the full year of 2021. Net income decreased in the comparable 2022 periods as compared to the same periods in 2021 primarily due to lower income from operations resulting from the net effect of lower sales volumes, higher production costs, including raw material and energy costs, and higher average TiO2 selling prices. Comparability of our results for both the fourth quarter and full year of 2022 was significantly...