Day: April 24, 2024

Revenue of $922.1 million, decreased 3% year-over-year Net income attributable to ChampionX of $112.9 million, increased 78% year-over-year Adjusted net income of $96.4 million, increased 17% year-over-year Adjusted EBITDA of $191.7 million, increased 4% year-over-year Income before income taxes margin of 15.2%, increased 547 basis points year-over-year Adjusted EBITDA margin of 20.8%, increased 130 basis points year-over-year Cash from operating activities of $173.5 million and free cash flow of $144.0 million Returned 38% of cash from operating activities and 46% of free cash flow to shareholdersTHE WOODLANDS, Texas, April 24, 2024 (GLOBE NEWSWIRE) — ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced first quarter of 2024 results. Revenue was $922.1 million, net income attributable to ChampionX...

Production exceeds guidance driving record quarterly revenues and strong ongoing free cash flow  All amounts are in United States dollars, unless otherwise stated. TORONTO, April 24, 2024 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2024. “We delivered another strong start to the year across a number of fronts, following a record performance in 2023. Costs were in line with guidance for the quarter and production exceeded guidance led by record production from La Yaqui Grande. With the solid first quarter, we are on track to achieve our full year production and cost guidance. We also continued to demonstrate our long-term track record of value creation through exploration and M&A. Our Mineral Reserves increased for the...

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2024 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our national strategically located portfolio achieved same store NOI growth of 5.2%, AFFO growth of 6.6% per common share, while maintaining over 90% fixed rate debt. We are pleased to have announced the acquisition of two stores for $43 million earlier this week with quick closings that demonstrate the strength of our balance sheet and team. With the recent change to the capital gains inclusion rate, the ability to close quickly is critical. For the balance of the year, we will continue to be disciplined purchasers of assets, and will focus on controlling expenses, while maximizing revenues,...

CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, today announced the filing of the Company’s annual financial statements and associated management’s discussion and analysis for the year ended December 31, 2023 (the “Annual Report”). Complete details of the Annual Report are available on SEDAR+ at www.sedarplus.ca, and on HEVI’s website. Three Months and Year Ended December 31, 2023 Highlights:  Three months ended Year endedTabular amounts in thousands ofCanadian Dollars, except share and per share amounts December 31, 2023 December 31, 2022 December 31, 2023 December 31, 2022Financial        Net loss 1,719 520 2,953 7,363Net...

Earnings Webcast and Conference Call Set for Thursday, May 9, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, April 24, 2024 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Thursday, May 9, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be published in a press release prior to the call and available on the investor relations section of the Company’s website. To register to participate in the conference call or to listen to the live audio webcast, please use this link. The webcast will also be broadcast live and available for...

PROVIDENCE, Rhode Island, April 24, 2024 (GLOBE NEWSWIRE) — Ocean Biomedical, Inc. (NASDAQ: OCEA), today announced that on April 18, 2024, it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Annual Report on Form 10-K for the period ended December 31, 2023 (the “Form 10-K”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the “SEC”). As previously reported in its SEC filings, Ocean Biomedical is delayed in filing the Form 10-K as a result of previously disclosed developments with respect to filing of its amended 10-Qs for the first two quarters of 2023 and filing its 10-Q for the third quarter of 2023. The current notice...

Luxury active-adult community features three collections of single-family homes and resort-style amenities LIBERTY HILL, Texas, April 24, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, is hosting a clubhouse grand opening celebration at its Regency at Santa Rita Ranch community of luxury homes for 55+ active adults located in vibrant Liberty Hill, Texas. The event will be held on Saturday, May 4 from 10 a.m. to 2 p.m. at 220 Flower Valley Parkway in Liberty Hill. Prospective home buyers and agents are invited to visit the community and tour the five professionally designed model homes and be among the first to experience the brand-new amenities including a resort-style pool, nine pickleball courts, two bocce courts, game lounge, event lawn, and more. The grand opening celebration...

Denver, CO, April 24, 2024 (GLOBE NEWSWIRE) — Blue Line Protection Group Inc. (OTCQB: BLPG) is pleased to summarize the 2023 financial results. 2023 was a profitable year for the Company, as shown in our 10K filing. Revenue grew by 13% respectively, and operating income rose to an impressive $762,713. Total assets grew by $478,493 and shareholders deficit was reduced by $518,470. Additionally, the Company processed over $1,400,000,000 in cash pickups throughout 2023, with that number anticipated to increase in 2024. As our presence and reputation has become more established in the State of New Mexico, our clientele has continued to grow, with new banks and clients being onboarded weekly. Compared to the prior year, 2023 saw over a 1000% growth in revenue in this market. Our Arizona branch continues to produce strong revenue numbers,...

BOCA RATON, Fla., April 24, 2024 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, announced today that Jeff Likosar has been named Chief Financial Officer. In addition to his duties as President, Corporate Development and Chief Transformation Officer, which he will retain, Likosar had been serving as interim CFO since December 2023. He previously served as the company’s CFO from 2017 to 2022. Along with customary CFO responsibilities, Likosar will remain responsible for corporate development, strategy, and transformation execution. “Following a deep assessment of our needs and a robust search process including the evaluation of a number of highly talented candidates, the Board and I are pleased that Jeff will continue to serve as ADT’s Chief Financial Officer. Jeff has been...

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) — INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), a diversified holding company, announced today the closing of its successful rights offering, which expired at 5:00 p.m., New York City time, on April 19, 2024. Pursuant to the terms of the rights offering, 5.2 million shares of common stock are being purchased pursuant to the exercise of basic subscription rights and 0.1 million additional shares of common stock are being purchased under the over-subscription privilege. In accordance with the Investment Agreement (the “Investment Agreement”) entered into by the Company with Lancer Capital LLC (“Lancer Capital”), an investment fund led by Avram Glazer, the Chairman of the Board of Directors of the Company and the Company’s largest stockholder, Lancer Capital partially backstopped...