Day: November 6, 2023

Fortuna brings forward filing time of its third quarter 2023 financial results to before market open on November 8, 2023

Fortuna brings forward filing time of its third quarter 2023 financial results to before market open on November 8, 2023

VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will now release its unaudited financial statements and MD&A for the third quarter 2023 on Wednesday, November 8, 2023, before market open. Previously, the Company announced it would release after market close. The conference call to discuss the financial and operational results will still be held on Thursday, November 9, 2023, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer – Latin America, and David Whittle, Chief Operating Officer – West Africa. Shareholders, analysts, media and interested investors are invited to listen to the live conference...

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Maxim Power Corp. Announces 2023 Third Quarter Financial and Operating Results

Maxim Power Corp. Announces 2023 Third Quarter Financial and Operating Results

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 2022 Revenue 2,468 57,091 2,468 141,263 Net income (loss) (4,897) 23,970 8,818 49,433 Earnings (loss) per share – basic (0.10) 0.48 0.18 0.99 Earnings...

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Artesian Resources Corporation Reports Third Quarter and Year-To-Date 2023 Results

Artesian Resources Corporation Reports Third Quarter and Year-To-Date 2023 Results

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...

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Gatos Silver Reports Third Quarter 2023 Financial Results and Increases 2023 Production Guidance

Gatos Silver Reports Third Quarter 2023 Financial Results and Increases 2023 Production Guidance

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...

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Natural Gas Services Group, Inc. Announces Third Quarter 2023 Earnings Call

Natural Gas Services Group, Inc. Announces Third Quarter 2023 Earnings Call

Midland, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review third-quarter 2023 financial results on Wednesday, November 15, 2023 at 10:00 a.m. (CST), 11:00 a.m. (EST). To participate in the call, participants should access the webcast on www.ngsgi.com under the Investor Relations section. To connect telephonically, call (800) 550-9745 using conference ID 167298 approximately five minutes prior to the start of the call. Following the conclusion of the conference call, a recording of the call will be available on the Company’s website. About Natural Gas Services Group, Inc. NGS is a leading provider of natural gas compression equipment, technology and services...

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Finning reports Q3 2023 results

Finning reports Q3 2023 results

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...

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Element Reports Strong Q3 Results, Increases Common Dividend 20%, Announces Strategic Initiatives and Provides 2024 Guidance

Element Reports Strong Q3 Results, Increases Common Dividend 20%, Announces Strategic Initiatives and Provides 2024 Guidance

Amounts in $CAD unless otherwise noted Q3 2023 net revenue grew 14.8% over Q3 2022 as reported or 15.6% on an “organic” and constant currency basis Pre-tax income grew 17.5% and adjusted operating income grew 11.7% over Q3 2022 results as reported Q3 2023 EPS were $0.32 and adjusted EPS were $0.35, representing 7 cents and 5 cents improvement, respectively, over Q3 2022 results as reported Q3 2023 free cash flow per share was $0.42 or 4 cents more than Q3 2022 as reported Element increased its common dividend by 20% from $0.40 to $0.48 per share annually In 2024, Element will centralize accountability for its U.S. and Canadian leasing function, and establish a strategic sourcing and relationship management presence in Asia Element is guiding to net revenue of $1.365 to $1.390 billion, positive operating leverage,...

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Exco Technologies Limited Announces Fourth Quarter Results on November 29, 2023

Exco Technologies Limited Announces Fourth Quarter Results on November 29, 2023

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX – XTC, OTCQX – EXCOF) today announced that it will report its financial results for the fourth quarter ended September 30, 2023 after the close of business on Wednesday November 29, 2023. Exco’s management will hold a conference call to discuss the results on Thursday November 30, 2023 at 10:00 a.m. Eastern Time. To access the listen only live audio webcast, please log on to www.excocorp.com, or https://edge.media-server.com/mmc/p/3iaifenr a few minutes before the event. Those interested in participating in the question-and-answer conference call may register at https://register.vevent.com/register/BI3c6447963f5b44e789a713655dc760cc to receive the dial-in numbers and unique PIN to access the call. It is recommended that you join 10 minutes prior to the...

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European Residential REIT Reports Third Quarter 2023 Results

European Residential REIT Reports Third Quarter 2023 Results

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 Update On 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...

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NN, Inc. Reports Financial Results for Third Quarter 2023

NN, Inc. Reports Financial Results for Third Quarter 2023

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 Highlights Net 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...

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