Month: May 2023

ACTON, Mass., May 09, 2023 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the first quarter ended March 31, 2023, and the declaration of a cash dividend of $0.07 per share to be paid on June 8, 2023, to shareholders of record as of May 25, 2023. The Company’s revenue for the quarter ended March 31, 2023, was $5.9 million versus $6.5 million for the quarter ended March 31, 2022, a decrease of 10%. Net loss for the quarter ended March 31, 2023, was $(384,000) or $(0.07) per diluted share, versus net income of $39,000 or $0.01 per diluted share, for the comparable period last year. The first quarter of 2023 continued to be challenging due to the ongoing negative impact of major economic forces. The labor shortage continued,...

VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces its operational and financial results for the first quarter of 2023. All dollar figures are in United States dollars unless otherwise indicated. 2023 First Quarter HighlightsTotal gold production of 266,856 ounces in Q1 2023, exceeding expectations to start 2023: Total gold production of 266,856 ounces, including 16,137 ounces of attributable production from Calibre Mining Corp. (“Calibre”). The Fekola Mine produced 165,864 ounces in the quarter, benefitting from a favorable mine phasing sequence to start 2023, with Phase 6 of the Fekola pit providing high-grade ore to the process plant. All B2Gold operations are on track to meet or exceed annual production guidance...

First Quarter 2023 Receivables growth of 22.5% over prior year, with over 3 million accounts served(1), allowing for continued strong results ATLANTA, May 09, 2023 (GLOBE NEWSWIRE) — Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company which enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced its financial results for the first quarter ended March 31, 2023. An accompanying earnings presentation is available in the “Investors” section of the Company’s website at www.atlanticus.com or by clicking here. Financial and Operating Highlights First Quarter 2023 Highlights (all comparisons to the First Quarter 2022)Total operating revenue increased 13.6% to $261.0 million. Purchase...

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three months ended March 31, 2023. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Highlights:Revenue of $36.7 million and cash from operations, prior to changes in working capital, of $17.5 million in the first quarter of 2023 each represent 7% and 51% decreases respectively, as compared to the same period in 2022. On a per unit basis, revenue of $0.81 and cash from operations,...

CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) — First Quarter HighlightsIn the 2023-quarter, consolidated revenue was $166 million, the highest level of quarterly revenue on record and an increase of 52 percent from the first quarter of 2022. Adjusted EBITDA(1) from continuing operations increased to an all-time quarterly record of $37 million, which represented 22 percent of consolidated revenue(1), also the highest quarterly record. Included in the 2023-quarter’s adjusted EBITDA is $1.4 million in cash-settled share-based compensation expense. Excluding cash-settled share-based compensation expense, adjusted EBITDA from continuing operations(1) in the first quarter of 2023 was $38.4 million, 23 percent of consolidated revenue. For the three-month period ended March 31, 2023, PHX Energy’s earnings from continuing operations...

Amounts in $CAD unless otherwise notedQ1 net revenue grew 16.5% (8.9% before FX) from Q1 last year and 4.0% (2.3% before FX) over last quarter to a record $304.0 million Q1 pre-tax income grew 4.3% over last quarter and adjusted operating income grew 10.1% (7.2% before FX) over last quarter, expanding pre-tax income margin to 45.4% and operating margin to 54.4% Q1 EPS of $0.26 was 5 cents higher than Q1 last year and 2 cents higher than last quarter, while adjusted EPS grew 7 cents (4 cents before FX) and 4 cents (3 cents before FX) on the same comparative bases to a record $0.31 Element generated $0.37 of free cash flow per share in the quarter – 8 cents more than Q1 last year (6 cents before FX) and 7 cents more than last quarter (6 cents before FX) Q1 services revenue grew 18.5% (11.8% before FX) from Q1 last year and 4.7% (4.6% before...

CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (Nasdaq: DRTT, TSX: DRT), a leader in industrialized construction, today announced its financial results for the three months ended March 31, 2023. All financial information in this news release is presented in U.S. dollars, unless otherwise stated.   First Quarter 2023 HighlightsRevenue decreased 4% to $36.7 million for the quarter, compared to the prior year’s first quarter.   Gross Profit margin improved by 1,507 bps from the first quarter of 2022 due to previously implemented price increases and reductions made to our fixed cost structure. Net loss improved by $11.6 million to $(11.4) million, or 50%, from the prior year’s first quarter loss of $(23.0) million. Adjusted EBITDA(1) improved $8.4 million, or 70% year...

All sites on plan, Company on track to meet annual production and cost guidance Tasiast, Paracatu and La Coipa deliver strong production, margins and cash flowAppendix B: LP Fault zone long section Composites generated from drill intersections received since the February 13, 2023 news release includes assays from 52 fully assayed drill holes at the LP Fault zone and 8 at the Limb zone. Composites are generated using 0.3 g/t minimum grade, maximum linear internal dilution of 5.0 m, and allows short high-grade intervals greater than 8 GXM to be retained. Results are preliminary in nature and are subject to on-going QA/QC. For full list of significant, composited assay results, see Appendix A.TORONTO, May 09, 2023 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its...