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Day: May 12, 2023

Urbana Corporation Has Filed 2023 First Quarter Interim Financial Statements

/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, May 12, 2023 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A) Urbana Corporation announces today that it has filed its unaudited interim Financial Statements and Management’s Discussion and Analysis for the three-month period ended March 31, 2023 with the applicable Canadian securities regulators. PDF versions of the documents are available at www.urbanacorp.com and at www.sedar.com. For further information contact: Elizabeth Naumovski Investor Relations (416) 595-9106 enaumovski@urbanacorp.com

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Skyline Announces Q1 2023 Financial Results

TORONTO, May 12, 2023 (GLOBE NEWSWIRE) — Skyline Investments Inc. (the “Company” or “Skyline”) (TASE: SKLN), a Canadian company that specializes in hotel real estate investments in the United States and Canada, published its results for the three months ended March 31, 2023. SUMMARY OF FINANCIAL RESULTSC$000’s Q1 2023 Q1 2022NOI1 from Hotels & Resorts 5,829 8,211NOI from Hotels & Resorts Margin 17% 26%Same Asset Revenue 33,755 31,910Same Asset NOI1 5,912 8,138Same Asset NOI Margin 18% 26%Adjusted EBITDA2 3,819 6,188Adjusted EBITDA Margin 11% 19%Net Income (loss) (7,034) 680FFO1 2,085 5,254Shareholders’ Equity 275,525 265,379Q1 2023 HighlightsQ1 2023 same asset revenue increased by 5.8% to $33.8 million compared to $32.0 million in Q1 2022, due to higher RevPAR driven by an increase...

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Investview, Inc. (“INVU”) Announces Financial Results for the First Quarter Ended March 31, 2023

Haverford, PA, May 12, 2023 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, is pleased to announce its financial results for the first quarter ended March 31, 2023. Summary Consolidated Financial Highlights: Results of OperationsGross Revenue (a Non-GAAP measure) decreased 22.5% to $14.8 million for the three months ended March 31, 2023, as compared to $19.1 million for the three months ended March 31, 2022. Net Revenue decreased 23.6% to $13.6 million for the three months ended March 31, 2023, as compared to $17.7 million for the three months...

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The Juniata Valley Bank and Orrstown Bank Announce Completion of the Sale of Orrstown’s Path Valley Branch Location to Juniata

MIFFLINTOWN, PA AND SHIPPENSBURG, PA, May 12, 2023 (GLOBE NEWSWIRE) — The Juniata Valley Bank, a wholly-owned subsidiary of Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”), and Orrstown Bank, a wholly-owned subsidiary of Orrstown Financial Services, Inc. (NASDAQ: ORRF) (“Orrstown”), announced the completion of Juniata’s purchase of Orrstown’s Path Valley branch, located at 16400 Path Valley Road in Spring Run, PA. The transaction closed today pursuant to the Purchase and Assumption Agreement between the parties, the execution of which was previously announced on December 23, 2022 by the parties. Pursuant to the terms of the transaction, Juniata purchased certain assets, including the branch premises and equipment, from Orrstown.  Juniata also assumed deposit liabilities totaling approximately $18.8 million from Orrstown....

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Cronos Group Inc. to Speak at the Canaccord Genuity 7th Annual Global Cannabis Conference

TORONTO, May 12, 2023 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Chairman, President and CEO, will speak at the Canaccord Genuity 7th Annual Global Cannabis Conference on Thursday, May 18, 2023, at 11:00AM ET. A live webcast will be available on the Investors section of the Company’s website at https://ir.thecronosgroup.com/events-presentations. About Cronos Group Inc.Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos’ diverse international brand portfolio includes...

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QuoteMedia Announces 11% Revenue Growth for Q1 2023

PHOENIX, May 12, 2023 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the quarter ended March 31, 2023. QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies.  QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile.  Highlights for Q1 2023 include the following:Quarterly...

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Exela Technologies Announces Reverse Split

IRVING, Texas, May 12, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced that its Board of Directors has approved a 1-for-200 reverse stock split of the Company’s common stock, which will be effective at 5:00 p.m. Eastern Time on Friday, May 12, 2023. The amendment to the Company’s certificate of incorporation allowing for the reverse split was approved by the Company’s stockholders at the Special Meeting held May 11, 2023. As a result of the reverse split, each two hundred shares of the Company’s issued and outstanding common stock will be automatically combined and converted into one issued and outstanding share of common stock. The Company’s shares will begin trading on a split-adjusted basis on the Nasdaq Capital...

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RocketFuel Blockchain is proud to announce its participation at the XBiz Miami event

Content Creators to Benefit with Payouts Product San Francisco, CA, May 12, 2023 (GLOBE NEWSWIRE) — RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its participation at the XBIZ Miami event. The event will take place from May 15-18, 2023, where RocketFuel will showcase its innovative payment solutions. The RocketFuel team will be available during the event to discuss the benefits of Bitcoin and other crypto payments and payouts for businesses and content creators. In the adult entertainment industry, RocketFuel has helped many merchants accept cryptocurrency payments, increasing their revenue, and attracting new clients. Merchants can settle transactions in dollars while customers enjoy privacy, anonymity,...

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UCHealth Partners with NRC Health to Improve Healthcare Experiences

Innovative approach and service-leading team set NRC Health apart in exhaustive selection process LINCOLN, Neb., May 12, 2023 (GLOBE NEWSWIRE) — NRC Health has been selected by UCHealth to be its partner in building Human Understanding through personalized healthcare solutions and data-driven insights across its network. UCHealth is a nationally recognized, nonprofit network of 12 acute care hospitals and more than 150 clinics throughout Colorado, southern Wyoming, and western Nebraska. UCHealth selected NRC Health as its patient experience partner after an exhaustive review seeking a platform that excels in delivering innovative and leading-edge solutions, programs, and metrics to elevate patient care and improve healthcare outcomes. To address the complexity associated with providing exceptional care, NRC Health’s end-to-end...

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EURO Ressources reports earnings for the first quarter ended March 31, 2023

  NEWS RELEASE Paris: EUREURO RESSOURCES REPORTS EARNINGS FOR THE FIRST QUARTER ENDED MARCH 31, 2023 Paris, France, May 12, 2023: EURO Ressources S.A. (“EURO” or “the Company”) (Paris: EUR) today announced its unaudited statutory interim financial results prepared in accordance with International Financial Reporting Standards (“IFRS”) for the first quarter ended March 31, 2023. These unaudited interim financial statements were approved by the Board of Directors on May 12, 2023. All financial amounts are expressed in Euros (“€” or “euros”) unless otherwise specified. Highlights Under IFRS, EURO reported net earnings of €6.1 million (€0.098 per share) for the first quarter of 2023, compared to €3.2 million (€0.051 per share) for the first quarter of 2022.   EURO recorded revenues of €8.2 million in the first quarter of 2023 compared...

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