Questerre reports third quarter 2023 results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 09, 2023 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2023. Michael Binnion, President, and Chief Executive Officer, commented, “We have been transforming ourselves into a carbon technology company. This change in strategy is to allow us to unlock the giant resources we have discovered but have been blocked from producing in an increasingly ESG focused world. Our initial approach to the use of carbon technology was as a cost centre, or part of the new cost of doing business. With increasing prices on carbon, we are...

VitalHub Corp. Reports Third Quarter 2023 Results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management’s Discussion and Analysis report for the three and nine months ended September 30, 2023, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. “Our well-established business foundation continues to drive robust financial performance. In Q3 2023, VitalHub delivered another solid quarter, demonstrating consistent growth in revenue, gross profits, net income, and cash generation,” said Dan Matlow, Chief Executive Officer of VitalHub. “This can be attributed to our unwavering commitment to expanding our healthcare product portfolio, further integrating into...

Silver Spike Investment Corp. Reports Third Quarter 2023 Financial Results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced its financial results for the quarter ended September 30, 2023. Quarter Ended 9/30/23 Highlights Total investment income of $2.9 million Net investment income of $1.6 million, or $0.26 per share Investment portfolio of $57.4 million at fair value Net asset value (“NAV”) per share decreased from $14.49 on June 30, 2023 to $14.06 on September 30, 2023 A cash dividend of $0.70 per share was declared, consisting of a regular quarterly dividend of $0.25 per share and a special dividend of $0.45 per share. The dividend is payable on December...

Liberty Gold Reports Q3 2023 Financial and Operating Results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the nine months ended September 30, 2023. All amounts are presented in United States dollars unless otherwise stated. THIRD QUARTER OF 2023 AND RECENT HIGHLIGHTS On September 15, 2023, closed a non-brokered private placement raising proceeds of $5.7 million, anchored by a $5.0 million strategic investment by Wheaton Precious Metals Corp. (“Wheaton”)1. On September 5, 2023, published second annual ESG report: Developing Gold Deposits in a Responsible and Sustainable Manner2. On November 8, 2023, announced the appointment of Cal Everett as CEO and Jon Gilligan as President, effective November 10, 20233. At the Black Pine...

Glacier Reports Third Quarter 2023 Results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) — Glacier Media Inc. (TSX: GVC) (“Glacier” or the “Company”) reported revenue and earnings for the period ended September 30, 2023. SUMMARY RESULTS (thousands of dollars) Three months ended September 30, Nine months ended September 30, except share and per share amounts 2023 2022 2023 2022 Revenue $ 42,686 $ 47,920 $ 119,226 $ 133,287 EBITDA $ 1,284 $ 1,837 $ (4,194 ) $ 4,713 EBITDA margin 3.0 % 3.8 % (3.5 %) 3.5 % EBITDA per share $ 0.01 $ 0.01 $ (0.03 ) $ 0.04 Capital expenditures $ 976 $ 1,486 $ 3,195 $ 3,618 Net loss attributable to common shareholder $ (4,205 ) $ (748 ) $ (17,608 ) $ (3,800 ) Net loss attributable to...

Hut 8 Announces Effectiveness of Registration Statement on Form S-4 in Connection with Merger with US Bitcoin Corp

Written by Customer Service on November 9, 2023. Posted in Mergers And Acquisitions.

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) — Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has provided an update on the proposed business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC”) will combine in an all-stock merger of equals (the “Transaction”). The combined company will be named “Hut 8 Corp.” (“New Hut”) and will be a U.S.-domiciled entity. The registration statement on Form S-4, initially filed with the U.S. Securities and Exchange Commission (the “SEC”) by New Hut (as amended, the “Registration Statement”), was declared effective by the SEC on November 9. The Registration Statement was filed in connection...

Power Solutions International Announces Third Quarter 2023 Financial Results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

Gross Profit increased by 16%, EPS were $0.34, an increase of $0.20 for the Quarter, Operating Cash Flows were $35.5 million, an increase of $23.1 million for the Quarter, Debt decreased $50.1 million year-to-date, $30.0 million for the Quarter. WOOD DALE, Ill., Nov. 09, 2023 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announces third quarter 2023 financial results. Third Quarter 2023 Results Sales for the third quarter of 2023 were $115.9 million, a decrease of $9.0 million, or 7%, compared to the third quarter of 2022, as a result of lower sales of $19.1 million and $7.7 million within the industrial and transportation end markets, respectively, partially offset by an increase...

DIRTT Reports Third Quarter 2023 Financial Results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Nov. 09, 2023 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and nine months ended September 30, 2023. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Third Quarter 2023 Highlights In our seasonally strongest quarter, we generated revenue of $49.5 million, up 11% from the second quarter and 6% compared to the prior year period, and a net loss of $6.3 million, compared to a net loss of $6.7 million in the prior year period. Gross Profit margin improvement of 1,950 bps from the prior year period. Achieved Adjusted EBITDA(1) of $5.3 million (10.6% of revenue), up $10.7 million from the prior year period. Liquidity...

Guardian Capital Group Limited (TSX: GCG; GCG.A) Announces 2023 Third Quarter Operating Results

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) — Guardian Capital Group Limited (TSX: GCG; GCG.A) – All per share figures disclosed below are stated on a diluted basis. For the periods ended September 30, Three months Nine months ($ in thousands, except per share amounts) 2023 2022 2023 2022 restated restated Net revenue $ 62,611 $ 48,434 $ 178,937 $ 150,314 Operating earnings 18,474 10,419 46,752 35,330 Net losses (17,358 ) (21,148 ) (2,960 ) (122,442 ) Net earnings (loss) from continuing operations (2,270 ) (11,582 ) 35,704 (84,821 ) Net earnings (loss) from discontinued operations — 5,034 553,743 15,864 Net earnings (loss) (2,270 ) (6,548 ) 589,447 (68,957 ) EBITDA...

Phio Pharmaceuticals Reports Third Quarter 2023 Financial Results and Provides Business Update

Written by Customer Service on November 9, 2023. Posted in Earnings Releases And Operating Results.

MARLBOROUGH, Mass., Nov. 09, 2023 (GLOBE NEWSWIRE) — Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a clinical stage biotechnology company whose proprietary INTASYL™ RNAi platform technology is designed to make immune cells more effective in killing tumor cells, today reported its financial results for the quarter ended September 30, 2023 and provided a business update. “We have enrolled the first patient in our U.S. clinical trial with PH-762,” announced Phio’s President & CEO, Robert Bitterman. “The initiation of enrollment in this trial represents a milestone as we develop PH-762 for the treatment of squamous cell and other skin cancers. We are optimistic that this novel, alternative immuno-oncology therapy may offer patients and their care providers, enhanced therapeutic outcomes while minimizing invasive intervention.” Recent...

Day: November 9, 2023

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