Day: November 9, 2023

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced Pat D’Eramo, Chief Executive Officer and Fred Di Tosto, Chief Financial Officer, will present at the 23rd Annual Scotiabank Transportation & Industrials Conference on Tuesday, November 14, 2023 (schedules are subject to change without further notice). Messrs. D’Eramo and Di Tosto will be speaking on the Company’s general business and strategy as outlined in the Company’s investor presentation posted on www.martinrea.com and in the Company’s most recent Annual Information Form, and other public documents, available on www.sedarplus.ca. About Martinrea...

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the three and nine months ended September 30, 2023. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 66 commercial properties with a total gross leasable area (“GLA”) of 2,558,146 square feet, five multi-residential complexes comprised of 599 units and four Manufactured Home Communities comprised of 537 units. The portfolio is well diversified and defensive in terms of geographies and property asset types, with 50% of NOI (42% of asset value) comprised of grocery anchored retail followed by industrial at 28% of NOI (32% of asset value). In addition, the portfolio is well diversified in terms of geographies with 38% of NOI (40% of asset value) comprised of assets located...

ACTON, Mass., Nov. 09, 2023 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD), a leading provider of hair testing for drugs of abuse, today announced financial results for the third quarter ended September 30, 2023. The Company’s revenue for the quarter ended September 30, 2023, was $5.7 million versus $6.5 million for the quarter ended September 30, 2022, a decrease of 12%. Net loss for the quarter ended September 30, 2023, was $(2.1 million) or $(0.36) per diluted share, versus net loss of $(97,000) or $(0.02) per diluted share, for the comparable period last year. The Company has initiated a series of restructuring changes that will align costs with current revenue trends. Restructuring changes and related financial benefits will start to be realized in the fourth quarter and into fiscal year 2024. In addition, significant...

Q3 2023 HighlightsNet revenue of $1.3 billion, an increase of 13.5% over Q3 2022 Adjusted EBITDA margin1 of 18.3%, up 160 basis points over Q3 2022 Adjusted diluted EPS1 of $1.14, up 32.6% over Q3 2022 Backlog of $6.4 billion, up 7.6% since December 31, 2022EDMONTON, Alberta and NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) — Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three and nine month periods ended September 30, 2023. Stantec delivered record third quarter earnings, as continued strong demand was met with high utilization, particularly in the United States and Canada. Excellent operational performance was augmented by effective workforce management strategies and continued robust organic hiring, bolstered by the effect of voluntary turnover returning to...

Figure 1Premier Portal constructionFigure 2New electrical substation constructionFigure 3New WTP overviewFigure 4New WTP MBBR tanks and electrical buildingFigure 5Process plant interiorFigure 6TSF construction looking northFigure 7TSF spillway liner installationFigure 8TSF north dam liner installationVANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the Company’s unaudited financial results for the three and nine months ended September 30, 2023 (“Q3 2023”), and also to provide a construction update on the Company’s Premier Gold Project (“PGP” or the “project”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British...

MARKHAM, Ontario, Nov. 09, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and nine months ended September 30, 2023. Results are presented in Canadian dollars unless otherwise noted. Third Quarter HighlightsHome health care volume growth continued, with Q3 average daily volume (“ADV”) of 27,378, an increase of 1.0% from Q2 2023 and 9.3% from Q3 2022. Long-term care (“LTC”) occupancy continued steady recovery, improving to 97.8%, an increase of 60 bps from Q2 2023 and 430 bps from Q3 2022. Adjusted EBITDA(1) increased $10.7 million to $20.8 million, reflecting growth in home health care ADV, rate increases, moderation in LTC costs, higher occupancy and growth in managed services, partially offset by higher administrative costs. The Revera transactions closed,...

MONTREAL, Nov. 09, 2023 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the second quarter of fiscal 2024, which ended on September 30, 2023. All amounts in this news release are in millions of Canadian dollars (CDN), except per share amounts, unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS). “In the second quarter, our team successfully navigated an increasingly dynamic and competitive environment with agility, focus, and resilience. We improved our financial performance, further executed on our Global Strategic Plan, and continued to make progress toward the next inflection point in our strategic journey,” said Lino A. Saputo, Chair of the Board, President and CEO. “As we continue to weather the current...

HOUSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby” or “the Company”) (NYSE: KEX) announced today that Kirby will present in a fireside chat at the Stephens NASH2023 Investment Conference on Tuesday, November 14, 2023. Specifics of the conference presentation are as follows:Stephens NASH2023 Investment ConferenceDate: Tuesday, November 14, 2023Time: 9:00 a.m. Eastern / 8:00 a.m. CentralPresenters: Raj Kumar, Executive Vice President and CFOKurt Niemietz, VP IR & TreasurerModerator: Jack Atkins, Stephens Managing DirectorLocation: Nashville, TennesseeWebcast Link: https://wsw.com/webcast/stph34/kex/1685488The live audio of the presentation will be broadcast to the public via a webcast with a replay available for 30 days by visiting Kirby’s website at http://www.kirbycorp.com....