Day: May 7, 2024

CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months ended March 31, 2024. Effective January 1, 2024, the Company changed its presentation currency from Canadian dollars (“CAD”) to United States dollars (“USD”) to provide more relevant reporting of the Company’s financial position. As a result, all amounts presented in this release are in USD unless otherwise stated. Q1 2024 FINANCIAL AND OPERATIONAL OVERVIEW         Generated revenue of $638 million compared to $610 million in Q1/23 and $574 million in Q4/23.Higher revenue is mainly attributed to the Energy Infrastructure (“EI”) product line. During Q1/24, Enerflex expanded the scope and extended the term of an existing Build-Own-Operate-Maintain...

VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported a net loss of $8.0 million in the first quarter of 2024, as compared to a net loss of $17.7 million in the first quarter of 2023, and a net loss of $14.3 million in the fourth quarter of 2023. Adjusted EBITDA was negative $4.2 million in the first quarter of 2024, as compared to negative $5.0 million in the first quarter of 2023, and negative $1.2 million in the fourth quarter of 2023.           (millions of Canadian dollars except per share amounts and where otherwise noted) Q12024   Q12023   Q42023Revenue $ 239.5     $ 263.8     $ 246.6  Adjusted EBITDA(1)   (4.2 )     (5.0 )     (1.2 )Adjusted EBITDA margin(1)   (2% )     (2% )     (0% )Operating loss prior to restructuring...

– Acquired 29 USPS Properties for $18.5 Million –– Acquired at a Weighted Average Capitalization Rate of 7.8% –– Raised $14 Million from ATM Program & OP Units to Fund Acquisitions –– Collected 100% of Contractual Rents – CEDARHURST, N.Y., May 07, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended March 31, 2024. Highlights for the Quarter Ended March 31, 2024Acquired 29 USPS properties for approximately $18.5 million, excluding closing costs, at a weighted average capitalization...

(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce its operating and financial results for the three months ended March 31, 2024. Management will host a conference call tomorrow, Wednesday, May 8, 2024, at 11:30 a.m. eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTSThe Tucumã Project is expected to achieve first copper concentrate production in early Q3 2024, marking a major inflection point for the CompanyOverall physical completion of approximately 97%  Commissioning progressing ahead of schedule with major mechanical and sub- component commissioning completed during the quarter, as well as first ore...

DENVER, May 07, 2024 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its 2024 first quarter financial and operating results. Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release’s supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics and percent changes may not always equal total amounts indicated due to rounding. 2024 First Quarter Highlights:Net income of $2.2 million in the first quarter of 2024...

First quarter revenue of $2.5 billion, up 6% year over year; organic revenue growth1 of 1% Signed new business wins of approximately $250 million in annualized revenue in 1Q 2024; up 55% year over year Sales pipeline at 12-month high of $2.2 billion Completed acquisition of Wincanton on April 29, 2024GREENWICH, Conn., May 07, 2024 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) today announced results for the first quarter 2024. Malcolm Wilson, chief executive officer of GXO, said, “We delivered a strong start to 2024, reflecting our solid execution amid improving industry dynamics. The company grew revenue by 6% to $2.5 billion and delivered positive organic revenue growth, while gaining market share. We look forward to driving continued growth throughout 2024 and are on track to achieve our full-year outlook. “We’re seeing...