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Day: May 3, 2023

Western Forest Products Inc. Confirms Record Date of Second Quarter 2023 Dividend

VANCOUVER, British Columbia, May 03, 2023 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) is pleased to confirm that a quarterly dividend of $0.0125 per share will be paid with respect to the Company’s second fiscal quarter of 2023 to shareholders of record as at the close of business on Friday, May 26, 2023 and payable on Friday, June 16, 2023. The dividend will return a portion of the Company’s cash to shareholders, after taking into consideration the Company’s liquidity and ongoing capital needs. The Board of Directors will review the amount of the dividend on a quarterly basis. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes. About Western Forest Products Inc. Western is an integrated forest products company building a margin-focused log and lumber business...

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RPT Realty Reports First Quarter 2023 Results; Maintains Guidance

Financial HighlightsNet income (loss) attributable to common shareholders for the first quarter 2023 of $(0.4) million, or $(0.01) per diluted share, compared to $4.1 million, or $0.05 per diluted share for the same period in 2022. First quarter 2023 operating funds from operations (“FFO”) per diluted share of $0.25. Same property net operating income (“NOI”) growth of 3.8% in the first quarter 2023, compared to an increase of 9.9% in the first quarter of 2022.Operational HighlightsSigned 506,118 square feet in the first quarter 2023, representing three consecutive quarters of leasing volumes over 500,000 square feet. Signed not commenced rent and recovery income balance of $9.6 million as of March 31, 2023. Generated comparable new lease spreads of 23.4% and 38.7% during the first quarter 2023 and on a trailing...

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Runway Growth Finance Corp. Announces Second Quarter Dividend of $0.40 with $0.05 Supplemental Distribution

WOODSIDE, Calif., May 03, 2023 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a second quarter 2023 cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.05 per share. Runway Growth intends to declare and pay a similar supplemental dividend for each subsequent fiscal quarter during 2023, subject to future approval by the Board of Directors. The following shows the key dates of the second quarter 2023 dividend, including the supplemental dividend: Declaration Date: May 2, 2023Record Date: May 15, 2023Payment Date: May 31, 2023 Runway Growth generally intends...

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Cross Keys Capital Advises Regional Cancer Care Associates in Its Strategic Relationship with The US Oncology Network

Fort Lauderdale, Florida, May 03, 2023 (GLOBE NEWSWIRE) — Cross Keys Capital, a leading independent investment banking firm providing M&A advisory services to physician group practices and healthcare services companies, is pleased to announce it acted as the lead financial advisor to Regional Cancer Care Associates (“RCCA”) and its affiliated entities, headquartered in Teaneck, New Jersey, in its strategic relationship with The US Oncology Network. RCCA is one of the largest independent oncology practices in the United States with 94 physicians, 59 advanced practice providers, and 22 locations across New Jersey, Connecticut, Maryland, and the Washington, D.C. area. RCCA operates community-based oncology practices throughout its geographies as well as co-manages the John Theurer Cancer Center, an NCI-designated Comprehensive...

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Festi hf.: Financial results for Q1 2023

Main resultsSales of goods amounted to ISK 29,484 million, compared to ISK 24,572 million in the previous year and increased by 20.0% between years. Gross profit from sales of goods and services amounted to ISK 6,227 million. An increase of ISK 493 million or 8.6% between years. Profit margins were 21.1%, which is 2.2 p.p lower than previous year and 0.5 p.p from last quarter. There is continued pressure on profit margins in all product categories. Salaries and other personnel expenses increase by 22.2% YoY. Full-time equivalents increase by 12.2% YoY as a result of new stores opening last year. EBITDA amounted to ISK 1,401 million compared to ISK 1,749 million in Q1 2022, which equals to a 19.9% decrease between years. Equity at the end of Q1 amounted to ISK 32,905 million with an equity ratio of 34.9% compared to equity ratio 36.9%...

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CGG Announces its Q1 2023 Results

A strong start to the year : Revenue at $210m, up 37% y-o-y Ebitda at $66m, up 71% y-o-y PARIS, France – May 3, 2023 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader, announced today its first quarter 2023 non-audited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “We delivered a strong start to the year, supported by robust performance in Geoscience, increased Earth Data sales, mainly in the Gulf of Mexico, and expected equipment deliveries in Sensing and Monitoring. I was pleased to see the continued progress of our Beyond the Core activities during the quarter, especially the signature of our first external HPC & Cloud Solutions contract, with BioSymulitics, supplying specialized HPC services to support their AI-enhanced molecular Pharma modelling.Looking ahead,...

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Bobcat Power Announces Partnership with Chancellor Construction

AUSTIN, Texas, May 03, 2023 (GLOBE NEWSWIRE) — Bobcat Power Holdings, LLC (“Bobcat”), a leading provider of substation infrastructure services, is pleased to announce the acquisition of Chancellor Construction, LLC (“Chancellor”). Based in Hattiesburg, Mississippi, Chancellor provides integrated substation services to power utilities and engineering, procurement and construction (“EPC”) firms. The combination provides Bobcat with an expanded coverage area, complementary service capabilities, and increased capacity throughout the Southeast. Chancellor will continue to be led by its existing executive and operational leadership with additional access to Bobcat’s infrastructure and capacity. Bobcat is a portfolio investment of Cotton Creek Capital. “Chancellor is a terrific addition to the Bobcat platform with its blue-chip customer...

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Saga Communications, Inc. Reports 1st Quarter 2023 Results

GROSSE POINTE FARMS, Mich., May 03, 2023 (GLOBE NEWSWIRE) — Saga Communications, Inc. (Nasdaq – SGA) (the “Company” or “Saga”) today reported that net revenue increased 1.3% to $25.3 million for the quarter ended March 31, 2023 compared to $25.0 million for the same period last year. Station operating expense increased $1.1 million for the quarter to $21.7 million compared to the same period last year. A significant part of the increase in station operating expense for the quarter was due to a $272 thousand increase in our self-insured health care costs and a $446 thousand increase in employee compensation including payroll taxes at the station level. After a number of years of holding the Company’s compensation expenses flat, we decided that adjustments in our employee compensation were warranted in consideration of the...

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Natural Health Trends Reports First Quarter 2023 Financial Results

  – First year-over-year increase in net sales since the third quarter of 2021 and the second since the third quarter of 2018  – Hong Kong net sales increased 10% compared to the first quarter of 2022  – Fourth consecutive quarter of positive net income  – Declared a quarter cash dividend of $0.20 per shareHONG KONG, May 03, 2023 (GLOBE NEWSWIRE) — Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for the quarter ended March 31, 2023. First Quarter 2023 Financial HighlightsRevenue of $11.9 million increased 3% compared to $11.5 million in the first quarter of 2022.Operating loss was $394,000 compared to $383,000 in the first...

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2023 Q1 Interim Management Statement

LONDON, May 03, 2023 (GLOBE NEWSWIRE) — Member of the Lloyds Banking Group FINANCIAL REVIEW Income statement The Group’s statutory profit before tax for the first three months of 2023 was £2,068 million, £611 million higher than the same period in 2022. Higher total income was partly offset by higher operating expenses and the impact of an increased impairment charge. Profit for the period was £1,513 million (three months ended 31 March 2022: £1,050 million). Total income for the first three months was £4,629 million, an increase of 21 per cent on 2022, primarily reflecting higher net interest income in the quarter. Net interest income of £3,542 million was up 21 per cent on the prior year, driven by stronger margins and higher average interest-earning banking assets. Relative to the prior year, the net interest margin benefitted...

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