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Year: 2023

Interfor Reports Q3’23 Results

Adjusted EBITDA of $32 million and Net Loss of $42 million BURNABY, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q3’23 of $42.4 million, or $0.82 per share, compared to a Net loss of $14.1 million, or $0.27 per share in Q2’23 and Net earnings of $3.5 million, or $0.06 per share in Q3’22. Adjusted EBITDA was $31.9 million on sales of $828.1 million in Q3’23 versus $41.9 million on sales of $871.8 million in Q2’23 and $129.5 million on sales of $1.0 billion in Q3’22. Notable items in the quarter:Lumber Production Balanced with DemandLumber production totaled 1.0 billion board feet, representing a decrease of 26 million board feet quarter-over-quarter. The decrease was primarily due to the temporary closure of a sawmill in B.C. as a result...

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Badger Infrastructure Solutions Ltd. Announces Strong 2023 Third Quarter Revenue and Adjusted EBITDA

CALGARY, Alberta, Nov. 02, 2023 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported third quarter 2023 results today. All results are presented in U.S. dollars unless otherwise stated. 2023 Third Quarter Financial and Operational HighlightsThe Company achieved revenue of $195.6 million, up 20% from 2022. Gross profit of $62.8 million, up 40% from 2022. Gross profit margin improved to 32.1%, up from 27.4% in 2022. Adjusted EBITDA of $52.7 million, up 49% from 2022. Adjusted EBITDA margin also improved in the quarter to 26.9%, up from 21.6% in 2022. Earnings per share was $0.68, up 62% from $0.42 per share in 2022. Consolidated revenue per truck per month (“RPT”)(1) for the quarter was $49,079, up 5% from 2022. The board of directors has approved the quarterly...

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TWC Enterprises Limited Announces Third Quarter 2023 Results and Eligible Dividend

KING CITY, Ontario, Nov. 02, 2023 (GLOBE NEWSWIRE) — Consolidated Financial Highlights (unaudited)(in thousands of dollars except per shareamounts) Three months ended Nine months endedSeptember 30,2023 September 30,2022 September 30,2023 September 30,2022Net earnings 17,690 11,920 17,753 14,421Basic and diluted earnings per share 0.72 0.49 0.72 0.59Operating Data  Three months ended Nine months ended  September 30,2023 September 30,2022 September 30,2023 September 30,2022Canadian Full Privilege Golf Members     15,530 16,014Championship rounds – Canada 567,000 583,000 958,000 1,027,00018-hole equivalent championship golf courses – Canada     35.5 37.518-hole equivalent managed championship golf courses – Canada     2.0 2.0Championship rounds – U.S. 33,000 32,000 202,000 199,00018-hole equivalent...

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Ero Copper Reports Third Quarter 2023 Operating and Financial Results

Figure 1October 2023 aerial view of the Caraíba Operations shaft project, including (A) the permanent rock and personnel winders, (B) the completed shaft headframe, (C) the stage winder foundation, and (D) engineering and administrative buildings.Figure 2Progress on erection of the permanent rock and personnel winder building (October 2023).Figure 3Progress on erection of the stage winder building (October 2023).(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2023. Management will host a conference call tomorrow, Friday, November 3, 2023, at 8:30 a.m. eastern time to...

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Vivos Therapeutics Closes $4 Million Private Placement

LITTLETON, Colo., Nov. 02, 2023 (GLOBE NEWSWIRE) — Vivos Therapeutics, Inc. (“Vivos” or the “Company”) (NASDAQ: VVOS), a medical technology company focused on developing innovative treatments for patients suffering from dentofacial abnormalities and/or mild-to-moderate obstructive sleep apnea (OSA) and snoring in adults, announced that today it has closed a $4 million private placement previously announced on October 31, 2023. After deducting estimated offering expenses, Vivos expects the net proceeds from the private placement will be approximately $3.5 million. Vivos intends to use the net proceeds from the offering for general working capital. In the private placement, Vivos issued to a single institutional investor 980,393 shares of its common stock (or pre-funded warrants in lieu thereof) at a purchase price of $4.08 per share....

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Lantronix to Report Fiscal 2024 First Quarter Results on November 8, 2023

IRVINE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) — Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced it will release financial results from its fiscal 2024 first quarter ended Sept. 30, 2023, after the close of the market on Wednesday, Nov. 8, 2023. Management will host an investor conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Nov. 8, 2023. To access the live conference call, investors should dial 1-844-802-2442 (US) or 1-412-317-5135 (international) and indicate that they are participating in the Lantronix fiscal 2024 first-quarter call. The webcast will be available simultaneously via the investor relations section of the Company’s website. Investors can...

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Warrantee Inc. Announces Receipt of Nasdaq Delisting Determination; Plans to Appeal

Tokyo, Japan, Nov. 02, 2023 (GLOBE NEWSWIRE) — Warrantee Inc. (Nasdaq: WRNT) (the “Company” or “Warrantee”), a Japanese marketing and market research technology company, today announced that it received a staff determination letter (the “Letter”), on October 27, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the determination from the Nasdaq staff (the “Staff”) to delist the Company’s securities from The Nasdaq Stock Market because it had not filed its Form 20-F for the period ended March 31, 2023 and is not in compliance with Nasdaq’s filing requirements for continued inclusion set forth in Nasdaq Listing Rule 5250(c)(1). Nasdaq explained in the Letter that the Company’s noncompliance with the first required periodic report after listing raised questions regarding...

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ROHM Develops the First Silicon Capacitor BTD1RVFL Series

Achieving the industry’s smallest size in a mass-produced surface mount package contributes to greater space savings in smartphones and other compact devicesROHM’s New BTD1RVFL Series Silicon CapacitorIdeal for applications that demand high performance and small sizeComparison of ROHM’s BTD1RVFL Series Silicon Capacitors vs. Standard ProductROHM product saves space, improves mounting accuracySanta Clara, CA and Kyoto, Japan, Nov. 02, 2023 (GLOBE NEWSWIRE) — ROHM Semiconductor today announced the new BTD1RVFL series silicon capacitors. The devices are increasingly being adopted in smartphones and wearable devices. Silicon semiconductor processing technology cultivated over many years has enabled higher performance in a smaller size. Smartphones and other devices with growing functionality require smaller...

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FLINT Announces Third Quarter 2023 Financial Results

Reports record quarterly revenues of $187.0 million and Adjusted EBITDAS of $10.8 million CALGARY, Alberta, Nov. 02, 2023 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT” or the “Company”) (TSX: FLNT) today announced its results for the three and nine months ended September 30, 2023. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the Advisory regarding Non-GAAP Financial Measures at the end of this press release for a description of these items and limitations of their use. “Demand for our services remained strong in the third quarter with revenue of $187.0 million, representing a new quarterly record for the Company and an increase of 8.8% from the third quarter of 2022. The increase was...

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Abri SPAC I, Inc. Announces Completion of Business Combination

Shares will begin trading on the Nasdaq Global Market under the ticker “CAUD” on November 3, 2023 NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) — Abri SPAC I, Inc. (Nasdaq: ASPA, ASPAW, ASPAU, “Abri”), a special purpose acquisition company (“SPAC”), today announced the closing of its previously announced business combination (the “Merger”) with DLQ, Inc., a provider of e-commerce and digital customer acquisition solutions for digital advertising, and a subsidiary of Logiq, Inc (OTCQX: LGIQ). The common stock of the combined company, which will operate as “Collective Audience, Inc.” (“Collective Audience”), is expected to commence trading on Nasdaq Global Market under the ticker symbol “CAUD” on November 3, 2023. Upon closing of the Merger, the previously-trading units of Abri ceased to trade and were separated into their component parts....

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