Belite Bio Reports First-Quarter 2023 Operational Highlights and Financial Results

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

Lesion Growth from Baseline Lesion Growth from Baseline In 18-month interim data from ongoing 2-year, Phase 2 Stargardt disease (“STGD1”) trial (“LBS-008-CT02”), we continued to observe that oral Tinlarebant is safe and well tolerated in adolescent STGD1 subjects A continued trend of slowing expansion of autofluorescence was observed and the growth rate of incident atrophic retinal lesions was reduced with Tinlarebant in LBS-008-CT02 compared to a natural history study of the disease (“ProgStar”) Stabilization of visual acuity with no significant loss and no clinically significant changes in retinal thickness observed over 18 months of treatment with Tinlarebant in LBS-008-CT02 58 subjects have been enrolled in the pivotal Phase 3 “DRAGON” trial evaluating Tinlarebant in adolescent STGD1; at least 90 subjects are targeted for enrollment Enrollment...

Pieridae Releases Q1 2023 Results

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATES Strong Quarterly Cash Flow Supported by $31MM Hedge Gain CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its first quarter 2023 financial and operating results. Pieridae generated Net Operating Income (“NOI”)1 of $50 million and made term debt principal repayments totalling $28 million during the first quarter of 2023. Pieridae’s management’s discussion and analysis (“MD&A”) and unaudited interim consolidated financial statements and notes for the quarter ended March 31, 2023 are available at www.pieridaeenergy.com and on SEDAR at www.sedar.com. Q1 2023 HIGHLIGHTS Generated record quarterly NOI1 of $50.0 million ($0.31 per basic and fully diluted...

Itafos Reports Q1 2023 Results

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

HOUSTON, May 10, 2023 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) reported today its Q1 2023 financial and operational highlights. The Company’s financial statements and management’s discussion and analysis for the three months ended March 31, 2023 are available under the Company’s profile at www.sedar.com and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted. CEO Commentary “We are pleased to report strong financial results and a continuation of our record safety performance in Q1 2023. In Q1 2023 our reported revenues of $119.6 million and Adjusted EBITDA of $43.0 million reflected lower phosphate prices compared with 2022 but remain well above the historical norms. We remain optimistic about the fundamentals of the agriculture sector and fertilizer...

SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2023

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

Operational Shopping centre leasing activity remains strong, with industry-leading in-place and committed occupancy rate of 98% as at March 31, 2023 (December 31, 2022 – 98%). Executed leases on 3,172,749 sq. ft. consisting of 102,853 sq. ft. of new deals and 3,069,896 sq. ft. of renewals during the three months ended March 31, 2023. Non-anchor tenant renewed at an average rental rate of $22.00 per sq. ft., as compared to $17.42 per sq. ft. for the three months ended March 31, 2022. Mixed-use Development In excess of three million square feet of construction activity is currently underway, principally high rise residential on existing shopping centre sites in Toronto, Montreal, and Ottawa. Construction nears completion on the 100% pre-sold Transit City 4 (45 storeys) and 5 (50 storeys) condo towers, representing 1,026 residential units....

STEP Energy Services Ltd. Reports First Quarter 2023 Results

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three months ended March 31, 2023. The following press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and unaudited condensed consolidated interim financial statements and notes thereto as at March 31, 2023 (the “Financial Statements”). Readers should also refer to the “Forward-looking information & statements” legal advisory and the section regarding “Non-IFRS Measures and Ratios” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available on the SEDAR website at www.sedar.com, including the...

RioCan’s Strong First Quarter 2023 Results Reinforces Confidence in FFO/Unit Growth Target for the Year

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

Net income of $118.0 million and FFO per unit 1 of $0.44 Blended leasing spread of 12.3% driven by new leasing spread of 14.8% The retail component of The Well reaches 82% leased TORONTO, May 10, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results for the three months ended March 31, 2023 (the “First Quarter”). “RioCan had a solid start to 2023 with strong first quarter results. Our occupancy, retention rates and leasing spreads remain high as demand continues to intensify for quality retail space that is short in supply. This operating strength drove same-property NOI while contributions from completed developments also added to our growth,” said Jonathan Gitlin, President and CEO of RioCan. “As always, we are prudently...

Melcor Developments announces first quarter results, declares quarterly dividend of $0.16 per share

Written by Customer Service on May 10, 2023. Posted in Dividend Reports And Estimates.

EDMONTON, Alberta, May 10, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2023. Revenue was down $36.08 million or 32% compared to Q1-2022. Revenue from Income Properties was stable; however, Community Development revenue was down significantly. Due to the seasonal nature of Community Development, first quarter results can vary significantly from year to year. Net income was $2.15 million in Q1-2023 compared to $2.47 million in Q1-2022. Net income is significantly impacted by swings in non-cash fair value adjustments on investment properties, REIT units and the conversion feature on the REIT’s convertible debenture. As a result management relies on Funds From Operations (FFO) as a better...

Glacier Reports First Quarter 2023 Results

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 10, 2023 (GLOBE NEWSWIRE) — Glacier Media Inc. (TSX: GVC) (“Glacier” or the “Company”) reported revenue and earnings for the period ended March 31, 2023. SUMMARY RESULTS (thousands of dollars) Three months ended March 31, except share and per share amounts 2023 2022 Revenue $ 39,218 $ 42,232 EBITDA (1) $ (2,241 ) $ 2,240 EBITDA (1) margin (5.7 %) 5.3 % EBITDA (1) per share $ (0.02 ) $ 0.02 Capital expenditures $ 1,077 $ 1,092 Net loss attributable to common shareholder $ (5,217 ) $ (666 ) Net loss attributable to common shareholder per share $ (0.04 ) $ (0.01 ) Weighted average shares outstanding, net 132,329,984 132,755,559 (1) EBITDA is considered a non-GAAP measure....

Dada Announces Unaudited First Quarter 2023 Financial Results

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, May 10, 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 first quarter ended March 31, 2023. First Quarter 2023 Highlights Total net revenues in the first quarter were RMB2,575.5 million, an increase of 27.2% year over year from RMB2,025.3 million in the same period of 2022. Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended March 31, 2023 was RMB67.3 billion, an increase of 37.1% year over year from RMB49.1 billion in the same period of 2022. “We are pleased to start the year with a strong quarter, highlighted by our robust growth and continuously improving operating efficiency,” said Mr. Jeff He, President of Dada. “With strong confidence...

Torex Gold Reports First Quarter Results

Written by Customer Service on May 10, 2023. Posted in Earnings Releases And Operating Results.

Strong start to 2023 positions the Company for another successful year (All amounts expressed in U.S. Dollars unless otherwise stated) TORONTO, May 10, 2023 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports the Company’s financial and operational results for the three months ended March 31, 2023. Senior management of Torex will host a conference call tomorrow morning at 9:00 AM (ET) to discuss the quarterly results. Jody Kuzenko, President & CEO of Torex, stated: “The consistent operational and cost performance that investors have come to expect of Torex continued in the first quarter of 2023, placing the Company in an excellent position to deliver on full year operational guidance for a fifth year in a row. During the quarter, the team produced 122,918 ounces of gold at an all-in sustaining...

Day: May 10, 2023

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