Day: October 24, 2023

Revenues of $1,313 million increased 3% sequentially and 17% year-over-year, driven by international revenue growth of 3% sequentially and 27% year-over-year Operating income of $218 million increased 8% sequentially and 80% year-over-year Net income of $123 million increased 50% sequentially and 339% year-over-year; net income margin of 9.4% Adjusted EBITDA* of $305 million increased 5% sequentially and 43% year-over-year; adjusted EBITDA margin* of 23.2%, highest in over 14 years Cash provided by operating activities of $172 million and adjusted free cash flow* of $137 million Debt repayments of $147 million on 6.50% Senior Secured Notes comprised of $72 million in the third quarter of 2023, and an additional $75 million in October 2023 Announced $550 million credit facility with $300 million borrowing capacity and five-year maturity Launched...

(In United States dollars, except where noted otherwise) TORONTO, Oct. 24, 2023 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today reports results for the three months ended September 30, 2023 (“Q3 2023” or the “third quarter”) of net earnings attributable to shareholders of the Company of $325 million ($0.47 earnings per share) and adjusted earnings1 of $359 million ($0.52 adjusted earnings per share2). “It was pleasing that production continued to improve during the third quarter at each of our three main copper operations. The ramp-up of the CP100 Expansion project is progressing well, allowing the Cobre Panamá mine to achieve another record in quarterly production. This continued strong performance, together with the recent finalization of the legal framework for the...

MINNETONKA, Minn., Oct. 24, 2023 (GLOBE NEWSWIRE) — Appreciate Holdings, Inc. (“Appreciate” or the “Company”) (NASDAQ: SFR), the parent holding company of Renters Warehouse (“Renters Warehouse”), a leading end-to-end Single-Family Rental (“SFR”) marketplace and management platform, today announced that it received a written notice (the “Notice”) on October 18, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), stating that, upon further review by Nasdaq’s staff the Company did not meet the terms of the exception granted to Appreciate to regain compliance with Nasdaq’s filing requirements set forth in Listing Rule 5250(c)(1) (the “Rule”). In that regard, the Company was not able to file the delinquent reports on Form 10-K for the year ended December 31, 2022, Form 10-Q for the quarter ended March...

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Oct. 24, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its October 2023 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of C$0.091146 per Unit (C$1.09 per Unit on an annualized basis). The distribution will be payable on November 15, 2023 to holders of Units of record at October 31, 2023. About Northview Residential REIT The REIT is a publicly traded real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario for the primary purpose of indirectly acquiring, owning and operating a portfolio of income producing rental properties in secondary markets...

DALLAS, Oct. 24, 2023 (GLOBE NEWSWIRE) — P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced it will release its third quarter 2023 results on Thursday, November 9, 2023, after U.S. markets close. The company will also host a conference call at 5:00 p.m. Eastern Time on Thursday, November 9, 2023. The webcast may be accessed here. All participants joining by telephone should register here for personal dial-in and PIN numbers. For those unable to participate in the live call, a replay will be made available on P10’s investor relations page at ir.p10alts.com. About P10P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their...

HOUSTON, Oct. 24, 2023 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and, the “Company,” “we,” “us” and “our”) announced a five-year credit facility that is effective today with aggregate commitments of $550 million. The facility is comprised of a $250 million tranche available for performance letters of credit and a $300 million tranche available as a cash revolver. There is also the optionality of a $200 million accordion based on satisfaction of certain conditions. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “We are pleased to announce this significant milestone, which meaningfully enhances our liquidity and balance sheet flexibility. We appreciate the support of our bank partners in supporting this noteworthy step and it signifies continued strengthening...