Melcor Developments announces results for 2023, declares $0.11 per share dividend

Written by Customer Service on March 13, 2024. Posted in Public Companies.

EDMONTON, Alberta, March 13, 2024 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth quarter and year ended December 31, 2023. The annual Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors, or on SEDAR+ (www.sedarplus.ca). Timothy Melton, Melcor’s Executive Chair and Chief Executive Officer, commented: “We are pleased to present Melcor’s annual results for the year ended December 31, 2023. In 2023, Alberta land development market experienced a dynamic yet cautiously optimistic landscape. The province saw growth in residential development, fueled by in-migration and a shift toward suburban living. Melcor...

Tecogen Announces Fourth Quarter 2023 Results

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

Q4 2023 Revenue of $5.9 Million, an Increase of 30.2% QoQ WALTHAM, MA, March 13, 2024 (GLOBE NEWSWIRE) — via NewMediaWire –Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $5.9 million and a net loss of $1.8 million for the quarter ended December 31, 2023 compared to revenues of $4.5 million, and a net loss of $1.4 million in 2022. The increase in net loss was primarily driven by an increase in bad debt reserves for installation projects from 2017 an increase in reserves for obsolete inventory. Our Adjusted EBITDA loss narrowed to $527 thousand for the quarter ended December 31, 2023 compared to $1.1 million in 2022. For the year ended December 31, 2023 revenues were $25.1 million and the net loss was $4.5 million compared to revenues of $25.0 million, and net loss of $2.4...

Hallador Energy Company Reports Record Net Income and Adjusted EBITDA for 2023; Signs MOU to attract data centers to Merom Power Plant

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

TERRE HAUTE, Ind., March 13, 2024 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG) reports full year 2023 net income of $44.8 million, $1.35 basic earnings per share, operating cash flow of $59.4 million, and adjusted EBITDA of $107 million, all respectively. Brent Bilsland, President and Chief Executive Officer, stated, “Hallador had a solid year as a company. Our coal division had near record margins for the full year, the continued integration of Hallador Power shows tremendous promise for future sales of energy and capacity and our recent MOU with Hoosier Energy and WIN REMC will allow us to market our Merom site to data centers, AI providers and other high-density power users to more efficiently operate the plant and drive increased margins to what we are seeing today. While the fourth quarter presented challenges...

North American Construction Group Ltd. Announces Results for the Fourth Quarter and Year Ended December 31, 2023

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

ACHESON, Alberta, March 13, 2024 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the fourth quarter and year ended December 31, 2023. Unless otherwise indicated, figures are expressed in Canadian dollars with comparisons to prior periods ended December 31, 2022. Fourth Quarter 2023 Highlights: Closure of the MacKellar Group (“MacKellar”) acquisition on October 1, 2023, a seamless change in control, and three months of strong equipment utilization provided a full quarter of operating results in Australia, and a step change in geographic diversification. The allocated purchase price of MacKellar was $369.7 million, net of cash acquired, along with growth capital spending of $35.9 million incurred in the quarter was fully funded with senior...

Rafael Holdings Reports Second Quarter Fiscal 2024 Financial Results

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

Company remains focused on generating shareholder value by advancing portfolio and identifying attractive opportunities for strategic investments Increased ownership in Day Three Labs to a majority interest of 79% NEWARK, N.J., March 13, 2024 (GLOBE NEWSWIRE) — Rafael Holdings, Inc. (NYSE: RFL), today reported its financial results for the second quarter of fiscal 2024 – and the six months ended January 31, 2024. “During fiscal 2024, we will continue to focus on advancing our existing portfolio and intend to leverage our strong balance sheet with selective strategic investments in companies with the potential to generate value for our stockholders. We are extremely pleased to welcome Dr. John Goldberg to the Rafael team as our Chief Medical Officer. John is a highly respected senior executive with nearly two decades of experience...

Profire Energy Reports Financial Results for Fourth Quarter and Full Fiscal Year 2023

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

Company Reports Record Full-Year Revenue, Net Income and EBITDA table 1 table 1 LINDON, Utah, March 13, 2024 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2023. A conference call will be held on Thursday, March 14, 2024, at 8:30 a.m. ET to discuss the results. Full-year Fiscal 2023 Summary Revenue of $58.2 million, a 27% increase from prior year Gross profit of $30.5 million or 52.5% of total revenues Net income of $10.8 million or $0.22 per diluted share Generated EBITDA of $13.2 million Repurchased 1.2 million shares of stock for $2 million Cash and liquid...

Artesian Resources Corporation Reports 2023 Year-End Earnings and Fourth Quarter Results

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

NEWARK, Del., March 13, 2024 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced earnings results for the fourth quarter and year ended December 31, 2023. Year End Results Net income was $16.7 million, a $1.3 million, or 7.2%, decrease compared to net income recorded during the twelve months ended December 31, 2022. Diluted net income per share decreased to $1.67, compared to $1.90 for the same period in 2022. Revenues totaled $98.9 million for both the year ended December 31, 2023 and December 31, 2022, respectively: Water sales revenue increased $1.7 million, or 2.2%, primarily related to a temporary net rate increase of 7.50% of gross water sales placed into effect on November 28, 2023, as permitted...

Navigator Gas Fourth Quarter and Full Year 2023 Results

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

LONDON, March 13, 2024 (GLOBE NEWSWIRE) — Financial Highlights On March 12, 2024, the Board of Navigator Holdings Ltd. (the “Company”, “Navigator Gas”,”we”, “our” and “us”) (NYSE: NVGS) declared a cash dividend of $0.05 per share, for the quarter ended December 31, 2023, (the “Dividend”) under the Company’s Return of Capital policy. The Dividend will be payable on April 25, 2024, to all shareholders of record as of the close of business New York time on April 4, 2024. Also as part of the Company’s Return of Capital policy for the quarter ended December 31, 2023, the Company expects to repurchase approximately $0.8 million common stock (the “Share Repurchases”) between March 13, 2024, and March 31, 2024, subject to operating needs, market conditions and other circumstances,...

Enzo Biochem Reports Second Quarter Fiscal 2024 Results and Provides Business Update

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

FARMINGDALE, N.Y., March 13, 2024 (GLOBE NEWSWIRE) — Enzo Biochem, Inc. (NYSE: ENZ) (“Enzo” or the “Company”) today announced financial results for the second quarter ended January 31, 2024. Second Quarter Highlights The Company’s Life Science division’s second-quarter revenue of $8.5 million improved year-over-year by 14%. During the 2024 period, we experienced a 25% revenue increase in the United States, driven by increased product demand in the drug development and cell and gene therapy market segments. Revenue for the six months ended January 31, 2024 of $16.4 million improved 12% compared to the same period in the prior year. The Life Science division’s second-quarter gross margin was 49%, which improved by 1,000 basis points year-over-year from 39%, and was also a sequential 500 basis point improvement...

Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on March 13, 2024. Posted in Earnings Releases And Operating Results.

Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million Continued Share Repurchase Program for a Total of $4.4 Million During Full Year 2023 Announces Quarterly Distribution of $0.69 Per Share in the First Quarter of 2024 NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Milestones Total investment income was $76.3 million, an increase of 9.6% as compared to full year 2022. Net investment income (“NII”) was $34.8 million ($3.66 per share). Core investment income, excluding the impact of purchase price accounting, was $74.5 million,...

Day: March 13, 2024

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