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Day: April 2, 2024

Fluent Announces Fourth Quarter and Full-Year 2023 Financial Results

Revenue of $72.8 million for Q4 2023 and $298.4 million for FY 2023 Net loss of $1.9 million for Q4 2023 and $63.2 million for FY 2023 Gross profit (exclusive of depreciation and amortization) of $20.8 million for Q4 2023 and $78.5 million for FY 2023 Media margin of $24.1 million for Q4 2023 and $91.3 million for FY 2023 Adjusted EBITDA of $2.5 million for Q4 2023 and $6.8 million for FY 2023 Adjusted net loss of $0.4 million for Q4 2023 and $7.2 million for FY 2023  NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported results for the fourth quarter and fiscal year ended December 31, 2023. These results are unaudited and remain subject to ongoing audit procedures. Donald Patrick, Fluent’s Chief Executive Officer, commented, “Our results...

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CN files Shelf Prospectus Qualifying the Issuance of Debt Securities

MONTREAL, April 02, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that it has filed a shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue debt securities in Canadian and U.S. markets over the next 25 months. CN expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration...

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West Fraser and Mercer Announce Dissolution of Cariboo Pulp and Paper Joint Venture

VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) — West Fraser Timber Co. Ltd. (“West Fraser”) (TSX and NYSE: WFG) and Mercer International Inc. (“Mercer”) (NASDAQ: MERC) announced today an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper. West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company. Located in Quesnel, British Columbia, Cariboo Pulp and Paper has the capacity to produce up to 340,000 tonnes of high-quality Northern Bleached Softwood Kraft (NBSK) pulp annually, employing nearly 300 people.  “Cariboo Pulp is an important member of the West Fraser family of mills,” said Sean McLaren, West Fraser’s President & CEO. “This agreement better positions West Fraser to support the mill...

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Intermap Announces 2023 Results and 2024 Guidance

Software and solutions revenue grew 25% in 2023 Company projects 2024 bookings of $20 – 25 million, revenue of $16 – 18 million and an adjusted EBITDA margin of approximately 25% DENVER, April 02, 2024 (GLOBE NEWSWIRE) — Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced 2023 financial results and 2024 guidance. For the year ending December 31, 2023, the Company reported revenue of $6.2 million, compared with $6.8 million the previous year. Recurring and repeating software and solutions revenue grew to $4.2 million, 67% of total revenue, compared with $3.4 million in 2022. A decline in acquisition revenue of $1.1 million was caused by a delay in the award of a significant government contract, which was subsequently announced...

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Peapack Private Hires Joanne Gagliardi, Senior Managing Director

Peapack-Gladstone Financial CorporationJoanne Gagliardi, Senior Managing DirectorBEDMINSTER, NJ, April 02, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Joanne Gagliardi has joined its commercial banking team as a Senior Managing Director.  With the Bank’s expanded footprint in New York City, Joanne joins a team of high-skilled commercial bankers, helping to grow Peapack Private and its commercial and industrial business into the New York market.  She is responsible for providing customized banking solutions to small and medium-sized enterprises to achieve their long-term financial goals. Joanne brings over 25 years of financial services experience to Peapack Private,...

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Fairfax India Announces Hybrid Annual Shareholders’ Meeting Details

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 02, 2024 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces additional details regarding its upcoming hybrid annual shareholders’ meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be held both in-person and virtually on April 10, 2024 and will commence at 9:30 a.m. Eastern Time, with the formal annual meeting and a presentation by Prem Watsa, Fairfax India’s Chairman and Chandran Ratnaswami, Fairfax India’s CEO, followed by a Q&A session, all of which will be webcast in real time. Following are additional details on how to access this webcast and submit questions in advance for the Q&A session. Registered shareholders and duly...

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Fairfax Announces Hybrid Annual Shareholders’ Meeting Details

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces additional details regarding its upcoming hybrid annual shareholders’ meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be held both in-person and virtually on April 11, 2024 and will commence at 9:30 a.m. Eastern Time, with the formal annual meeting and a presentation by Prem Watsa, Fairfax’s Chairman and CEO, followed by a Q&A session, all of which will be webcast in real time. Following are additional details on how to access this webcast and to submit questions in advance for the Q&A session. Registered shareholders and duly appointed proxyholders will be able to attend and vote at the hybrid meeting both in-person and virtually through a web-based...

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Mattr Corp. Announces Closing of C$175 Million Unsecured Note Financing

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) —  Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) confirmed today that it has successfully closed its previously announced private offering (the “Offering”) of C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the “Notes”). As previously stated, the Company will utilize proceeds of the Offering to fund the redemption of its outstanding 9.00% senior unsecured notes due 2026 (“2026 Notes”), to pay fees and expenses related to the Offering and for general corporate purposes. The Offering was underwritten by a syndicate of underwriters, led by National Bank Financial Markets and TD Securities. The Notes were offered for sale in Canada to accredited investors on a private placement basis, in accordance with Canadian securities laws. The Notes were not registered...

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First Commonwealth to Host First Quarter 2024 Earnings Conference Call on Wednesday, April 24, 2024

INDIANA, Pa., April 02, 2024 (GLOBE NEWSWIRE) — First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, April 24, 2024 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended March 31, 2024. The call will be hosted by T. Michael Price, President and Chief Executive Officer. He will be joined by James R. Reske, Executive Vice President and Chief Financial Officer, Jane Grebenc, Executive Vice President and Chief Revenue Officer and Brian G. Karrip, Executive Vice President and Chief Credit Officer. First Commonwealth will issue a press release reporting its First Quarter 2024 financial results before the market opens on Tuesday, April 23, 2024. Conference Call InformationWhat: First Commonwealth Financial Corporation  Fourth Quarter 2023 Earnings...

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Sun Communities, Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call

Southfield, MI, April 02, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas (collectively, the “properties”), announces it will release first quarter 2024 operating results after the market closes on Monday, April 29, 2024. The Company will host a conference call to discuss these results on Tuesday, April 30, 2024, at 2:00 P.M. ET. To Participate in the Conference Call: Dial in at least 5 minutes prior to start time.U.S. and Canada: (877) 407-9039International: (201) 689-8470 The conference call will also be available live on the Company’s website www.suninc.com. Conference Call Replay: U.S. and Canada: (844) 512-2921International: (412)...

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