Day: May 8, 2024

Itafos Reports Strong Operational and Financial Q1 2024 Results

Written by Customer Service on May 8, 2024. Posted in Public Companies.

HOUSTON, May 08, 2024 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) reported today its Q1 2024 financial and operational highlights. The Company’s financial statements and management’s discussion and analysis for the quarter ended March 31, 2024 are available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted. CEO Commentary “We are pleased to report another quarter of strong operational and financial performance. For the three months ended March 31, 2024, we reported revenues of $128.0 million, 7% higher than Q1 2023 driven by increased sales volumes, and adjusted EBITDA of $43.2 million. During Q1 2024, we have continued to make progress on a number of key initiatives related to the company’s asset...

LogicMark, Inc. to Present at Aegis Capital Corp. Virtual Conference on May 9, 2024

Written by Customer Service on May 8, 2024. Posted in Public Companies.

LOUISVILLE, Ky., May 08, 2024 (GLOBE NEWSWIRE) — LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO will speak at the virtual Aegis Capital Corp. Conference on Thursday, May 9th at 11:00 PDT / 2:00 pm EDT. Please register here to attend the conference: https://us02web.zoom.us/meeting/register/tZIkc-mvqjItHdXZp6x-w9XGPgV2CAfRuTqq About LogicMarkLogicMark, Inc. (Nasdaq: LGMK) is on a mission to help people of all ages lead a life with dignity, independence, and the joy of possibility. LogicMark provides personal emergency response systems (PERS), health communications devices, personal safety apps, services, and technologies to create a Connected...

Acumen Pharmaceuticals to Participate in the 2024 Bank of America Healthcare Conference

Written by Customer Service on May 8, 2024. Posted in Public Companies.

CHARLOTTESVILLE, Va., May 08, 2024 (GLOBE NEWSWIRE) — Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers for the treatment of Alzheimer’s disease, announced today that management will participate in a fireside chat at the 2024 Bank of America Healthcare Conference on Wednesday, May 15, 2024, at 8:55 a.m. PT (11:55 a.m. ET). The live webcast may be accessed under the Investors tab on www.acumenpharm.com and will be archived for 90 days. About Acumen Pharmaceuticals, Inc. Acumen, headquartered in Charlottesville, VA, with additional offices in Indianapolis, IN and Newton, MA, is a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers (AβOs) for the...

Wesdome Reports First Quarter 2024 Financial Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today announced its results for the three months ended March 31, 2024 (“Q1 2024”). Preliminary operating results for Q1 2024 were disclosed on April 15, 2024. Management will host a conference call tomorrow, Thursday, May 9 at 10:00 a.m. Eastern Time to discuss this quarter’s results. All amounts are expressed in Canadian dollars unless otherwise indicated. Q1 2024 HighlightsConsolidated gold production was 33,322 ounces at cash costs per ounce1 of $1,517 per ounce (US$1,125) and all-in sustaining costs (“AISC”) per ounce1 of $2,226 (US$1,650). Net income increased to $10.7 million, or $0.07 per share, an increase of $11.1 million from the corresponding period in 2023. Cash margin1 was $46.6 million, representing...

Middlesex Water Announces First Quarter 2024 Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

HIGHLIGHTSFirst Quarter 2024 Net Income was $10.7 million, as compared to $5.9 million in 2023, an increase of 82.1% First Quarter 2024 Diluted Earnings Per Share were $0.59, as compared to $0.33 in 2023, an increase of 78.8% First Quarter 2024 Revenues were $40.5 million, as compared to $38.2 million in 2023, an increase of 6.2% 2024 Capital Investment Plan Delivery on schedule Dividend of $0.325 per share of common stock payable in JuneISELIN, N.J., May 08, 2024 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported first quarter financial results. First Quarter 2024 Results Diluted earnings per share were $0.59 for the three months ended March 31, 2024, compared to $0.33 for the same period in 2023. Net income for the quarter ended...

Melcor REIT announces first quarter 2024 results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

EDMONTON, Alberta, May 08, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the first quarter ended March 31, 2024. The first quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca) Andrew Melton, CEO of Melcor REIT commented: “We are pleased to report stable first quarter results despite challenging market conditions. Stable results are the result of first-class service provided by our property management group and consistent leasing efforts by our leasing team. “In the first quarter of 2024, we continue to navigate headwinds arising from rising costs due to inflation and elevated...

SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2024

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is pleased to report its financial and operating results for the quarter ended March 31, 2024. “We are pleased to report a strong start to 2024,” said Mitchell Goldhar, CEO of SmartCentres. “Our focus on value-oriented retail continues to drive robust customer traffic, resulting in a $5.9 million increase in net rental income(1) compared to the first quarter of last year. Significant demand for additional locations from existing and new retailers will result in the expansion of the portfolio in the coming quarters. In addition, exceptional retention of maturing tenancies has already led to 4.4 million square feet of renewals with a compelling average rent growth of 8.9% (excluding anchors)....

Kneat Announces Record Revenue for First Quarter 2024

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

Annual Recurring Revenue Growth Accelerates to 57% LIMERICK, Ireland, May 08, 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-month period ended March 31, 2024. All dollar amounts are presented in Canadian dollars unless otherwise stated.First-quarter 2024 total revenue reaches $10.8 million, an increase of 35% year over year Annual Recurring Revenue (ARR)1 at March 31, 2024 grows 57% year over year, to $42.1 million SaaS ARR1 at March 31, 2024 reaches $41.8 million, an increase of 59% year over year“Kneat is off to a solid start to what we expect to be another excellent year. Thousands of new licenses went to customers in the quarter, as many extended Kneat Gx to...

MariMed Reports First Quarter 2024 Earnings

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

NORWOOD, Mass., May 08, 2024 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the first quarter ended March 31, 2024. “With the first quarter now in the books, I’m pleased to say we are on track with our strategic plan and financial targets,” said Jon Levine, Chief Executive Officer. “The tremendous growth in our wholesale business was undoubtedly the highlight of the quarter. I am proud that once again, MariMed outperformed our competition in every market in which we operate, including Illinois. The strong revenue growth led to our 17th consecutive quarter of positive adjusted EBITDA.” Financial Highlights1 The following table summarizes the Company’s consolidated...

Firm Capital Apartment REIT Reports Q1/2024 Results and Provides Strategic Review Update

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

All figures in $USD unless otherwise noted. TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three months ended March 31, 2024 as well as provide an update regarding the previously announced Strategic Review: EARNINGSFor the three months ended March 31, 2024, net loss was approximately $1.3 million, in comparison to the $0.5 million net loss reported for the three months ended December 31, 2023 and the $4.9 million net loss reported for the three months ended March 31, 2023;Excluding non-cash fair value adjustments, net loss was $0.06 million for the three months ended March 31, 2024, in comparison to the $0.3 million net loss reported for the three months ended December 31, 2023 and the...

Day: May 8, 2024

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