Day: February 21, 2024

LONDON, Feb. 21, 2024 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the fourth quarter and full year 2023. Introducing 2024 adjusted EBITDA guidance of $100 million to $170 million FINANCIAL HIGHLIGHTS2023 revenue of $1.7 billion, down 36% Y/Y 2023 adjusted EBITDA of $315 million, down 63% Y/Y Q4 adjusted EBITDA declined to $60 million, down 42% from Q3 and down 54% from Q4-22 Q4 adjusted EBITDA margins were at 16% versus 25% in the prior quarter and 29% in Q4-22 Q4 adjusted EPS was $0.09 versus $0.27 in Q3 and $0.39 in Q4-22 Net debt increased to $101 million, up from $71 million in Q3 and down from $127 million in Q4-22 Total cash decreased...

TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the year ended December 31, 2023. ERES’s audited consolidated annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2023 can be found at www.eresreit.com or under ERES’s profile at SEDAR+ at www.sedarplus.ca.    SIGNIFICANT EVENTS AND HIGHLIGHTS Business UpdateOn January 24, 2023, the REIT amended and renewed its existing revolving credit facility, providing up to €125 million for a three-year period ending January 26, 2026, as well as an accordion feature to increase the limit a further €25 million upon satisfaction of conditions set out in the agreement and consent...

Shaft site area – February 2024Shaft site area – February 2024Solid Fourth Quarter Drives Record Annual Production, Revenue and Operating Cash Flow All amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter and year ended December 31, 2023. “With the strong finish to the year, we delivered a record operational and financial performance in 2023. Production increased 15% to a record 529,300 ounces, achieving the top end of our increased full year guidance. Costs were also in line with annual guidance and decreased 4% from 2022 reflecting strong performances across our operations. With the record production, lower costs, and higher gold price we...

WESTMINSTER, Colo., Feb. 21, 2024 (GLOBE NEWSWIRE) — ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, announced it will report financial results for the fourth quarter and full-year 2023 after market close on Wednesday, February 28, 2024. Company management will host a corresponding conference call beginning at 4:30 p.m. Eastern Time. Those interested in listening to the conference call should register online here. Participants are encouraged to register more than 15 minutes before the start of the call. A replay of the webcast will be available at investor.zimvie.com. About ZimVie ZimVie is a global life sciences leader in the dental and spine markets that develops, manufactures, and delivers a comprehensive portfolio of products and solutions designed to treat a wide range of spine pathologies...

Announces New $25 Million Share Repurchase Program WEST ORANGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Highlights• Net sales of $140.0 million compared to $169.2 million in Q4-22. Non-GAAP adjusted net sales (which exclude expedite fee revenue) were $139.6 million in Q4-23 as compared to $158.7 million in Q4-22• Gross profit margin of 36.6%, up from 31.0% in Q4-22• Net earnings of $12.0 million versus $14.0 million in Q4-22• Adjusted EBITDA of $24.0 million (17.1% of sales) as compared to $25.0 million (14.8% of sales) in Q4-22   Full Year 2023 Highlights• Net sales of $639.8 million compared to $654.2 million in 2022. Non-GAAP adjusted net sales (which exclude...

CALGARY, Alberta, Feb. 21, 2024 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and twelve months ended December 31, 2023. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Fourth Quarter 2023 HighlightsRevenue of $50.9 million, up 20% compared to the prior year period, representing the Company’s highest revenue quarter since 2019. Gross Profit improvement to $19.2 million or 37.8% of revenue in the fourth of 2023 from $11.6 million or 27.3% of revenue in the fourth quarter of 2022. Net income after tax and net income margin for the quarter of $1.0 million and 1.9%, respectively, compared to a...

LIMERICK, Ireland, Feb. 21, 2024 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, today announced financial results for the three- and twelve-month periods ended December 31, 2023. All dollar amounts are presented in Canadian dollars unless otherwise stated. Annual Recurring Revenue (ARR)1 at December 31, 2023, reaches $37.4 million, an increase of 55% year over year, and 19% from $31.4 million at September 30, 2023 Total revenue reaches $9.8 million in quarter four, an increase of 35% year over year SaaS revenue growth of 58% drives gross margin to 72% in quarter four Fourth-quarter gross profit grew 53% year over year to $7.0 million from $4.6 million “Kneat embarks on 2024 stronger than ever, after another...