Day: May 8, 2024

Parex Resources Announces First Quarter Results, First Production at Arauca, and Declaration of Increased Q2 2024 Dividend

Written by Customer Service on May 8, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period ended March 31, 2024, and the declaration of its increased Q2 2024 regular dividend of C$0.385 per share. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. “This year, we have made significant progress in executing our strategy and building operational momentum,” commented Imad Mohsen, President & Chief Executive Officer. “The foundation is strong at our base Cabrestero and LLA-34 assets, where horizontal wells, waterflood, and polymer application are yielding positive results. Beyond our base, the Arauca-8 well is now among the top oil-producing wells in Colombia – and the recently signed Llanos Foothills...

Dime Hires Veteran Long Island Banker

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

HAUPPAUGE, N.Y., May 08, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that it has hired industry veteran Kenneth Scheriff. Mr. Scheriff will be part of Dime’s commercial lending group. He had a long and successful career at State Bank of Long Island and was most recently at New York Community Bancorp. “I joined Dime as I was attracted to the single point of contact model and relationship-based mindset. Dime’s focused business model and commitment to the Greater Long Island marketplace aligns with my values and philosophy.” said Scheriff. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.5...

Lamar Advertising to appear at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference

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

BATON ROUGE, La., May 08, 2024 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 22, 2024 at approximately 8:00 a.m. ET. The session will be carried live via audio webcast at the Company’s website, www.lamar.com, and will be archived for 30 days. About Lamar Advertising CompanyFounded in 1902, Lamar Advertising Company (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with more than 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local...

Supremex Announces Results for the First Quarter of 2024

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

MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) — Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, today announced its results for the first quarter ended March 31, 2024. The Company will hold a conference call to discuss these results tomorrow at 8:30 a.m. (Eastern Time). First Quarter Financial Highlights and Recent EventsTotal revenue of $73.3 million, down from $88.4 million in the first quarter of 2023, but up sequentially from $72.3 million in the fourth quarter of 2023. Envelope segment revenue of $53.4 million, versus $64.5 million a year ago and $50.6 million three months ago. Packaging and Specialty Products segment revenue of $19.8 million, versus $24.0 million last year and $21.7 million in the...

Swiss Water Reports 2024 First Quarter Earnings

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

VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three months ended March 31, 2024. First Quarter Financial and Operational HighlightsSince completing the commissioning process during the third quarter of last year, the Company has been decaffeinating commercial grade coffee on its new second production line in Delta. During the first quarter of this year, processing volumes and quality metrics on the new line continued to increase, enabling the delivery of forecasted volumes. Inventory levels fell during the first quarter of 2024 primarily due to the consumption of the last remaining coffee inventories Swiss Water had...

Osisko Declares an 8% Increase in Second Quarter 2024 Dividend

Written by Customer Service on May 8, 2024. Posted in Dividend Reports And Estimates.

MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that the Board of Directors has approved a second quarter 2024 dividend of C$0.065 per common share, representing a roughly eight percent increase over the previous quarterly dividend of C$0.06 per common share. This marks Osisko’s 39th consecutive quarterly dividend, which will be paid on July 15, 2024 to shareholders of record as of the close of business on June 28, 2024. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada). For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on June 28, 2024. The Company also wishes to remind its shareholders that it...

DIRTT Reports First Quarter 2024 Financial Results

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

CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three months ended March 31, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. First Quarter 2024 HighlightsRevenue of $40.8 million in the first quarter of 2024, up 11% compared to the first quarter of 2023. Gross profit increased to $14.6 million or 35.9% of revenue in the first quarter of 2024 from $8.7 million or 23.7% of revenue in the first quarter of 2023. Net income after tax and net income margin for the first quarter of 2024 of $3.0 million and 7.5%, respectively, compared to a net loss after tax of $11.4 million...

Ormat Technologies Reports First Quarter 2024 Financial Results

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

Significant Expansion of Profitability and Earnings, Supported by All Three Operating Segments HIGHLIGHTSTOTAL REVENUES FOR THE FIRST QUARTER INCREASED BY 21.0% YEAR-OVER-YEAR, WITH GROWTH ACROSS ALL THREE OPERATING SEGMENTS RECORD QUARTERLY ELECTRICITY SEGMENT REVENUES OF $191.3 MILLION, LED BY STRATEGIC PORTFOLIO EXPANSIONS AND IMPROVED OPERATIONAL PERFORMANCE COMPANY REITERATES ITS FULL YEAR REVENUE AND EBITDA GUIDANCE, DEMONSTRATING STRONG EXECUTION AND CONFIDENCE IN THE BUSINESS’S OUTLOOKRENO, Nev., May 08, 2024 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced financial results for the first quarter ended March 31, 2024. KEY FINANCIAL RESULTS(Dollars in millions, except per share) Q1 2024 Q1 2023 Change (%)GAAP Measures Revenues ($...

Savaria starts fiscal 2024 with elevated margins

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

LAVAL, Québec, May 08, 2024 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce its results for the first quarter of 2024. Highlights – Q1 2024 compared to Q1 2023Revenue was $209.4M, compared to $211.6M in 2023, a decrease of 1.0% due to the divestitures of Van-Action, Freedom Motors and the Norway operations, partially offset by organic growth of 2.6% and a positive foreign exchange impact of 0.7%.Accessibility organic growth stood at 3.3%, including growth of 11.0% coming from North America. Patient Care organic growth stood at 0.5%.Gross profit was $75.4M, up $3.4M or 4.7%, representing 36.0% of revenue, an increase of 200 bps compared to 34.0% in Q1 2023. Operating income was $17.7M, up $2.3M or 14.6%, representing 8.5% of revenue...

Beyond Meat® Reports First Quarter 2024 Financial Results

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

EL SEGUNDO, Calif., May 08, 2024 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its first quarter ended March 30, 2024. First Quarter 2024 Financial Highlights1Net revenues were $75.6 million, a decrease of 18.0% year-over-year. Gross profit was $3.7 million, or gross margin of 4.9%, compared to gross profit of $6.2 million, or gross margin of 6.7%, in the year-ago period. Loss from operations was $53.5 million, or operating margin of -70.7%, compared to loss from operations of $57.7 million, or operating margin of -62.6%, in the year-ago period.Adjusted loss from operations was $46.0 million, or adjusted operating margin of -60.8%, reflecting the exclusion of a $7.5 million accrual related to a consumer class action settlement.Net...

Day: May 8, 2024

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