Month: January 2024
MONTREAL, Jan. 11, 2024 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2023. All amounts are expressed in U.S. dollars unless indicated otherwise.
THIRD QUARTER RESULTS:Sales of $80.9 million, down $14.3 million or 15.0% compared to last year, but up $0.6 million or 0.8% from the second quarter of the current fiscal year.
Gross profit of $16.4 million, or 20.2% of sales, compared to $29.0 million, or 30.4% of sales, last year.
Net loss1 of $7.3 million compared to net income1 of $2.7 million last year.
Net new orders (“bookings”)2 of $78.3 million, compared to $99.2 million last year.
Order backlog2 of $485.0 million at quarter end, up $20.7 million or 4.5% since the beginning of the year.
Net...
Amlan International Set To Exhibit Natural Mineral Technology At International Production And Processing Expo (IPPE)
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Amlan International Will Showcase Mineral Technology at International Production and Processing Expo (IPPE)January 30th-February 1st 2024CHICAGO, Jan. 11, 2024 (GLOBE NEWSWIRE) — Amlan® International, the animal health business of Oil-Dri® Corporation of America, is proud to announce its participation in the upcoming International Production and Processing Expo (IPPE), from January 30th to February 1st in Atlanta, Georgia. Amlan is set to showcase its commitment to advancing animal health and feed technology through multiple on-site presentations. The Amlan team looks forward to engaging with an international audience of animal production professionals, sharing comprehensive insights into its range of mineral based feed additives with attendees, media, and fellow exhibitors at booth B15005.
NeutraPath®, natural pathogen...
ReWalk Robotics Ltd. to Present at Sidoti Virtual Investor Conference on January 17
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MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, Jan. 11, 2024 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) announced that Larry Jasinski, Chief Executive Officer, and Mike Lawless, Chief Financial Officer, will provide an overview presentation and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on January 17-18, 2024.
The presentation will begin at 2:30 PM EST on January 17, 2024 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_ZpcK-ahiRLabYaQ5ySQKsw. ReWalk will also host virtual one-on-ones with investors on Wednesday and Thursday, January 17-18, 2023. Registration is available to interested investors for the presentation or one-on-ones at www.sidoti.com/events. Registration is free and interested investors...
Post Holdings Schedules First Quarter Fiscal Year 2024 Conference Call
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ST. LOUIS, Jan. 11, 2024 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it will hold a conference call on Friday, February 2, 2024 at 9:00 a.m. ET to discuss financial results for the first quarter of fiscal year 2024 and fiscal year 2024 outlook and to respond to questions. Robert V. Vitale, President and Chief Executive Officer, Jeff A. Zadoks, Executive Vice President and Chief Operating Officer, and Matthew J. Mainer, Senior Vice President, Chief Financial Officer and Treasurer, will participate in the call.
Post also announced it plans to release its financial results for the first quarter after market close on Thursday, February 1, 2024.
Interested parties may join the conference call by registering in advance at the following link: Post Q1 2024 Earnings Conference...
NuVista Energy Ltd. Announces Record Quarterly Production and Record Return of Capital to Shareholders
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CALGARY, Alberta, Jan. 11, 2024 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company“) (TSX: NVA) is pleased to announce record-setting quarterly production and share repurchases in the fourth quarter of 2023.
Production for the quarter ended December 31, 2023 achieved a new record for NuVista, reaching a field-estimated 85,900 Boe/d, well above our fourth quarter guidance range of 82,000 – 84,000 Boe/d. This production included approximately 31% condensate, 9% NGLs, and 60% natural gas. The increased production is the result of strong performance from the new wells in the 2023 development program across all assets, coupled with continued success in the debottlenecking of NuVista and 3rd party midstream facilities. Full year 2023 production is estimated to be approximately 77,200 Boe/d, above...
SJI Appoints Timothy Lowry as Senior Vice President and General Counsel
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FOLSOM, NJ, Jan. 11, 2024 (GLOBE NEWSWIRE) — Media Contact: Krystle Straus 609-561-9000 ext. 4131
kstraus@sjindustries.com
FOR IMMEDIATE RELEASE
SJI Appoints Timothy Lowry as Senior Vice President and General Counsel
FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8.
As general counsel, Lowry will serve as the principal legal officer for SJI and key advisor to the CEO, senior management, and the Board of Directors. He will also be responsible for strategic leadership for the Office of the General Counsel, providing the expertise needed to support SJI’s growing business.
“We are thrilled to welcome Tim to SJI,” said SJI...
Ameriwest Lithium Provides Update on Its Thompson Valley Lithium Project, AZ
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Figure 1 Mineral Rights, Thompson Valley Property, AZFigure 1 Mineral Rights, Thompson Valley Property, AZ – Ameriwest LithiumVANCOUVER, British Columbia, Jan. 11, 2024 (GLOBE NEWSWIRE) — Ameriwest Lithium Inc. (the “Company” or “Ameriwest”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0) is pleased to report that, through its wholly owned subsidiary Oakley Ventures USA Corp. (Oakley), it has successfully negotiated Surface Use Agreements (SUAs) with the ranchers that have grazing rights overlapping its Arizona State Mineral Exploration Permits and nearby private surface lands at its Thompson Valley Project (“TV Project”), Arizona. This is a major milestone in acquiring approvals necessary for a Phase 1 drilling program at the TV Project.
The SUAs provide for:Use of the private gate and road entering the western TV Project...
Innospec Schedules Fourth Quarter 2023 Earnings Release and Conference Call
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ENGLEWOOD, Colo., Jan. 11, 2024 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced that it will release fourth quarter 2023 earnings results on Tuesday, February 13, 2024 after market close. Following the release of its results, Patrick S. Williams, President and Chief Executive Officer, and Ian Cleminson, Executive Vice President and Chief Financial Officer, will host an interactive conference call on Wednesday, February 14, 2024, at 9:00 a.m. ET.
The public is invited to listen to the conference call by registering in advance using the below Online Registration Link. Upon registering, each participant will receive an email confirmation with dial-in numbers and a unique Personal PIN which can be used to join the conference 5-10 minutes prior to the start time.
Online Registration Link: https://register.vevent.com/register/BIfeb02cafa06b4317a5145371fafc3f6a
An...
Toll Brothers Announces New Luxury Single-Family Home Community Opening in Valencia, California
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Tesoro Highlands Opens to Home Buyers this Saturday, January 13Tesoro Highlands by Toll BrothersTesoro Highlands, Toll Brothers’ newest community in Valencia, Calif., features single-story and two-story homes ranging from 3,300 to 6,100 square feet.Tesoro Highlands by Toll Brothers“We are excited to unveil this highly anticipated gated community nestled in the highly sought-after Valencia area of Santa Clarita,” said Nick Norvilas, Division President of Toll Brothers in Los Angeles.VALENCIA, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its highly anticipated gated single-family new home community, Tesoro Highlands, is now open for sale in the elevated Valencia area of Santa Clarita, California. Homebuyers are invited to...
Bassett Announces Regular Quarterly Dividend
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BASSETT, Va., Jan. 11, 2024 (GLOBE NEWSWIRE) — Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.18 per share of common stock, payable on March 1, 2024, to shareholders of record at the close of business on February 16, 2024.
About Bassett Furniture Industries, Inc.Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 87 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett’s retail strategy includes stylish, custom-built furniture that features...
