Day: November 6, 2023

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the third quarter and nine months ended September 30, 2023. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR+ and on MAXIM’s website on November 6, 2023. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS  Three Months Ended September 30, Nine Months EndedSeptember 30,($ in thousands except per share amounts) 2023 2022 2023 2022Revenue 2,468 57,091 2,468 141,263Net income (loss) (4,897) 23,970 8,818 49,433Earnings (loss) per share – basic (0.10) 0.48 0.18 0.99Earnings...

NEWARK, Del., Nov. 06, 2023 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced third quarter and year-to-date results for 2023. Third Quarter Results Revenues totaled $26.6 million for both the three months ended September 30, 2023 and September 30, 2022 respectively.    Other utility operating revenue increased approximately $0.4 million, or 13.9%, primarily due to an increase in wastewater revenue associated   with additional customers served and the timing of industrial wastewater revenue.    Water sales revenue decreased $0.1 million, or 0.3%, primarily related to a decrease in overall water consumption related to above average   precipitation experienced during the summer months of 2023, partially...

VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced its third quarter 2023 financial and operating results. The Company will host an investor and analyst call on November 7, 2023, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture (“LGJV”), which in turn owns the Cerro Los Gatos (“CLG”) mine in Mexico. Production for the third quarter of 2023 was previously disclosed on October 10, 2023. The Company’s reporting currency is US dollars. Dale Andres, CEO of Gatos Silver, said: “The LGJV continues to generate robust cash flows with the CLG mine consistently producing high margin silver ounces. As a result of continued good operational performance in the first month of the fourth quarter along...

VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”, the “Company”, “we”, “our” or “us”) reported third quarter 2023 results today. All monetary amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTSAll comparisons are to Q3 2022 results unless indicated otherwise.Q3 2023 EPS (1) of $1.07 was up 9%, driven by higher revenues and strong operating margins partially offset by higher finance cost. Q3 2023 revenue of $2.7 billion and net revenue (2) of $2.4 billion were up 13% and 16%, respectively, driven by a 28% increase in new equipment sales and a 13% increase in product support revenue. Q3 2023 EBIT (1) was up 12%. EBIT as a percentage of net revenue (2) was 10.3%, 40 basis points below Q3 2022, due to a higher proportion of large mining equipment sales...

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and nine months ended September 30, 2023. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2023 can be found at www.eresreit.com or under ERES’s profile at www.sedarplus.ca. SIGNIFICANT EVENTS AND HIGHLIGHTS Business UpdateOn January 24, 2023 the REIT amended and renewed its existing revolving credit facility, providing up to €125 million for a three-year period ending on January 26, 2026, as well as an accordion feature to increase the limit a further €25 million upon satisfaction of conditions...

Execution against the transformation plan drives margin expansion, adjusted EBITDA growth, and strong free cash flow Company launches longer-term value improvement initiatives to refocus growth programs, enhance sales teams, reenter the medical market, and implement Total Cost Productivity program globally CHARLOTTE, N.C., Nov. 06, 2023 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today reported its financial results for the third quarter ended September 30, 2023. Financial and Strategic HighlightsNet sales of $124.4 million, down 2.2% versus prior year period; Operating loss of $2.7 million and adjusted EBITDA of $14.5 million; Free cash flow of $11.3 million, up significantly versus prior period with positive free cash flow generation...