Day: May 10, 2023

Porch Group Reports First Quarter 2023 Results

Porch Group Reports First Quarter 2023 Results

$87 Million Revenue, With Growth Of 37% Year-Over-Year.Adjusted EBITDA In Line With Expectations.Insurance Carrier Top Decile 2022 Combined Loss Ratio and Growth Performance. SEATTLE, May 10, 2023 (GLOBE NEWSWIRE) — Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported first-quarter results for the Company as of March 31, 2023, with total revenue of $87.4 million, which increased 37% compared to $63.6 million in the first quarter of 2022. CEO Summary“I am excited by the transformational year before us. Already in 2023 Porch Group has filed an application for a Reciprocal Exchange to move our insurance business forward and raised $333 million with a new convertible note alongside other key operational successes....

Continue reading

HTG Molecular Diagnostics Reports First Quarter 2023 Results and Provides Recent Business Highlights

HTG Molecular Diagnostics Reports First Quarter 2023 Results and Provides Recent Business Highlights

TUCSON, Ariz., May 10, 2023 (GLOBE NEWSWIRE) — HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) (HTG), a platform-based life science tools and drug discovery company, today reported financial results for the quarter ended March 31, 2023 and provided recent drug discovery business highlights. HTG has pioneered a proprietary platform-based approach that is designed to help improve drug discovery, referred to as transcriptome-informed drug discovery and design. At the center of this approach is the application of HTG’s proprietary RNA profiling technologies, functionally married with advanced medicinal chemistry using a novel artificial intelligence (“AI”)-driven platform. This unique drug candidate optimization platform is expected to allow for more biologically-relevant insight into drug candidate selection and design much earlier...

Continue reading

Osisko Declares a 9% Increase in Quarterly Dividend

Osisko Declares a 9% Increase in Quarterly Dividend

MONTREAL, May 10, 2023 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a second quarter 2023 dividend of C$0.060 per common share, a 9.1% increase over the first quarter of 2023, for an annualized dividend of $0.24 per share. The dividend will be paid on July 14, 2023 to shareholders of record as of the close of business on June 30, 2023. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada). Sandeep Singh, President and CEO of Osisko commented: “Returns to shareholders remain a priority for Osisko and we are pleased to increase our quarterly dividend, given the ongoing strength of our business.” For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published...

Continue reading

Rogers Sugar Reports Second Quarter 2023 Results; Continued Strong Performance Driven by Higher Profitability in Sugar

Rogers Sugar Reports Second Quarter 2023 Results; Continued Strong Performance Driven by Higher Profitability in Sugar

Revenues and Adjusted EBITDA Revenues and Adjusted EBITDA Adjusted Net Earnings and Free Cash Flow TTM Adjusted Net Earnings and Free Cash Flow TTM Sugar Volume Variance and Sugar Volumes Sugar Volume Variance and Sugar Volumes Sugar Volume Variance and Sugar Volumes Sugar Volume Variance and Sugar Volumes Adjusted Gross Margin Adjusted Gross Margin Maple Volumes and Adjusted Gross Margin Maple Volumes and Adjusted Gross Margin Free Cash Flow Free Cash Flow VANCOUVER, British Columbia, May 10, 2023 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (“our,” “we”, “us” or “Rogers”) (TSX: RSI) today reported second quarter fiscal 2023 results with consolidated adjusted EBITDA of $25.0 million and $58.5 million for the current quarter and the first six months of the year, respectively. “Canada’s favourable sugar dynamics and continued...

Continue reading

European Residential REIT Reports First Quarter 2023 Results

European Residential REIT Reports First Quarter 2023 Results

TORONTO, May 10, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three months ended March 31, 2023. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2023 can be found at www.eresreit.com or under ERES’s profile at www.sedar.com. FIRST QUARTER SNAPSHOT Growth in Occupied Average Monthly Rents (“AMR”) of 6% from the prior year period on both the total and same property portfolio Increase in Net Operating Income (“NOI”) of 9% compared to the prior year period, with 5% growth on the same property portfolio Strong occupancy level for residential properties...

Continue reading

Helios Fairfax Partners Reports First Quarter Financial Results

Helios Fairfax Partners Reports First Quarter Financial Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 10, 2023 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three months ended March 31, 2023. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the interim consolidated financial statements prepared using International Financial Reporting Standards, except as otherwise noted. Management Commentary “The HFP team made significant progress monetizing Legacy Non-Core Investments in the first quarter of 2023, realizing of $28 million in proceeds from two Legacy Non-Core Investments. As of March 31, 2023, HFP had approximately $118 million in Insured and Guaranteed and Other Legacy Non-Core...

Continue reading

Stantec reports strong first quarter 2023 results achieving 20% growth in adjusted diluted EPS

Stantec reports strong first quarter 2023 results achieving 20% growth in adjusted diluted EPS

Q1 2023 Highlights Net revenue of $1.2 billion, an increase of 17.0% over Q1 2022 Adjusted diluted EPS1 of $0.73, up 19.7% over Q1 2022 Backlog of $6.2 billion, up 5.6% since December 31, 2022 and 14.8% over Q1 2022 Full year guidance for 2023 reaffirmed EDMONTON. Alberta and NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) — Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three month period ended March 31, 2023. Stantec generated net revenue of $1.2 billion in the first quarter of 2023 on the strength of 12.2% organic growth1 and 1.4% acquisition growth1. Every regional and business operating unit delivered organic net revenue growth in the first quarter, with notable organic growth achieved in Water (24.4%), Energy & Resources (15.9%) and Buildings (11.4%). Adjusted...

Continue reading

Tecogen Announces First Quarter 2023 Results

Tecogen Announces First Quarter 2023 Results

Revenues of $ 5.4 million WALTHAM, MA , May 10, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $5.4 million and net loss of $1.5 million for the quarter ended March 31, 2023 compared to revenues of $7.4 million, and a net profit of $0.1 million in 2022. We used $0.3 million in cash from operations during the quarter and ended the quarter with a cash balance of $1.6 million. “Although we saw revenue decline towards the end of 2022, in Q1 2023 we saw revenue increase 35% compared to Q4 2022. Our sales pipeline for products is expanding so we are optimistic of continued and sustained improvements to the top line. In the past month, we have added significantly to recurring service revenues as a result of the Aegis service transaction...

Continue reading

Diversified Royalty Corp. Announces Q1 2023 Results

Diversified Royalty Corp. Announces Q1 2023 Results

VANCOUVER, British Columbia, May 10, 2023 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended March 31, 2023 (“Q1 2023”). Q1 2023 Highlights Revenue of $12.3 million, up 26.7% compared to the three months ended March 31, 2022 (“Q1 2022”). Adjusted revenue1 of $13.6 million, up 23.9% compared to Q1 2022. Distributable cash1 of $8.8 million, up 22.6% compared to Q1 2022. Payout ratio1 of 96.1% based on dividends of $0.06 per share for the quarter compared to 93.6% in Q1 2022 based on dividends of $0.055 per share for the comparable quarter. First Quarter Results   Three Months ended March 31, (000’s)   2023     2022 Mr. Lube $ 5,754   $ 4,809 Stratusa   2,034     – Nurse Next Door   1,297     1,272 Oxford   1,207     1,030 Mr....

Continue reading

WSP Reports Strong Organic Net Revenues and EBITDA Growth in Q1 2023

WSP Reports Strong Organic Net Revenues and EBITDA Growth in Q1 2023

MONTREAL, May 10, 2023 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announced financial and operating results for the first quarter ended on April 1, 2023. WSP reports a strong start to 2023, with higher-than-expected organic growth in net revenues and adjusted EBITDA in the first quarter. Overall net revenues, adjusted EBITDA and adjusted net earnings each increased by more than 25% relative to the first quarter of 2022. FIRST QUARTER OF 2023 FINANCIAL HIGHLIGHTS Revenues and net revenues reached $3.49 billion and $2.67 billion, up 28.7% and 27.0%, respectively, compared to the first quarter of 2022. The increase in net revenue was principally due to acquisition growth of 15.8% and organic growth of 8.6%. Organic growth was achieved across all reportable segments. Backlog as at April 1, 2023...

Continue reading

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.