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Day: May 9, 2024

WSP Announces Results of Annual and Special Meeting of Shareholders

MONTREAL, May 09, 2024 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) held its annual and special meeting of shareholders (the “Meeting”) in a hybrid format on May 9, 2024. A total of 100,706,549 common shares (representing approximately 81% of all issued and outstanding common shares of the Corporation) were represented at the Meeting. WSP hereby announces that shareholders of the Corporation (the “Shareholders”) voted in favour of all items of business put forth at the Meeting by the Corporation. The complete voting results for each item of business at the Meeting are presented below. ELECTION OF DIRECTORSThe Board of Directors of the Corporation had fixed at eight the number of directors to be elected at the Meeting. Following the vote at the Meeting, each of the eight nominees listed in the Corporation’s...

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Optiva Inc. Reports First Quarter 2024 Financial Results

All amounts are stated in United States dollars unless otherwise indicated Revenue of $11.7 million Robust sales pipeline with 2 additional customer wins Total Contract Value (“TCV”)(1) bookings of $21.8 million Gross margin of 58% Adjusted EBITDA(1) loss of $2.3 million Adjusted EPS(1) loss of $(0.98) $12.0 million of cash TORONTO, May 09, 2024 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its first quarter financial results for the three-month period ended March 31, 2024. Demonstrating continued momentum, Optiva signed contracts with two new customers leveraging telecom opportunities in Africa during the three-month period ended March 31, 2024. Over...

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Inotiv, Inc. Reschedules its Fiscal 2024 Second Quarter Results

WEST LAFAYETTE, Ind., May 09, 2024 (GLOBE NEWSWIRE) — Inotiv, Inc. (Nasdaq: NOTV) (the “Company”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that the release of the Company’s financial results for the three and six months ended March 31, 2024 and the conference call to discuss the results that were originally scheduled for Friday, May 10, 2024 are being rescheduled to provide the Company additional time to complete the accounting analyses related to certain matters. Specifically, as previously disclosed, the Company has been cooperating with the U.S. Department of Justice (the “DOJ”) and other authorities related to an investigation by those authorities into various matters relating...

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AIP Realty Trust Announces Revocation of Cease Trade Order

VANCOUVER, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that the failure to file cease trade order (the “FFCTO”) issued by the British Columbia Securities Commission on May 6, 2024 has been revoked effective today and Canadian trading in the class A trust units of the Trust will resume. The FFCTO was issued following the Trust’s delay in filing its audited consolidated annual financial statements, management’s discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2023 and accompanying management discussion and analysis prior to the applicable deadline. About AIP Realty TrustAIP Realty Trust is a real estate investment trust with a growing portfolio of AllTrades branded Serviced Industrial Business Suites (“SIBS”)...

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Crew Energy Announces Q1 2024 Results Highlighted by a 61% AFF Margin and a 20% Increase in Condensate Production

CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce our operating and financial results for the three-month period ended March 31, 2024. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR+ at sedarplus.ca. HIGHLIGHTS 29,510 boe per day1 (177 mmcfe per day) average production in Q1/24 was in-line with previous quarterly guidance of 29,000 to 31,000 boe per day and reflects the Company’s focus on liquids production, AFF2 generation and the preservation of value through the curtailment of dry...

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Mount Logan Capital Inc. Announces First Quarter 2024 Financial Results

Increased Ability’s total assets managed by Mount Logan to $617 million and reinsured an additional $39 million Multi-Year Guaranteed Annuities during the quarter Generated $9.5 million of insurance segment Spread Related Earnings (“SRE”) for the trailing twelve months ended March 31, 2024, demonstrating the earnings power of the insurance segment Strong quarter for the asset management segment with another quarter of record management fees. Fee Related Earnings (“FRE”) for the quarter of $1.6 million, up 15% as compared to first quarter 2023. FRE increases attributable to growth in Assets Under Management (“AUM”) and management fees Declared quarterly distribution of C$0.02 per common share in the second quarter of 2024, the nineteenth consecutive quarter of a shareholder distribution TORONTO, May 09, 2024 (GLOBE NEWSWIRE) — Mount...

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Provident Financial Services, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering

ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the pricing of its offering of $225 million of its 9.00% fixed-to-floating rate subordinated notes due 2034 (the “Notes”) in a registered public offering (the “Offering”). The Notes will initially bear interest at 9.00% per annum, with interest payable semiannually in arrears, commencing on the issue date, to, but excluding, May 15, 2029. Commencing May 15, 2029, the interest rate on the Notes will reset quarterly to a floating rate per annum equal to a benchmark rate that is expected to be Three-Month Term SOFR (which is defined in the Notes) plus 476.5 basis points, with interest payable quarterly in arrears. The Company may redeem the Notes, in whole...

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PDS Biotech VERSATILE-002 Phase 2 Clinical Trial Meets Primary Study Endpoints in First Line Recurrent/Metastatic HPV16-Positive Head and Neck Cancer

30 month median overall survival (OS); median OS independent of patient CPS score ORR 34% (CPS≥1); 48% (CPS≥20) Phase 3 registrational trial planned to initiate in 2024 PRINCETON, N.J., May 09, 2024 (GLOBE NEWSWIRE) — PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, hosted a Key Opinion Leader event on May 8, 2024 during which prominent experts in head and neck squamous cell cancer (“HNSCC”) discussed positive, updated VERSATILE-002 data and the unmet need in HPV16-positive HNSCC. A replay of the event can be found here. The VERSATILE-002 trial is evaluating Versamune® HPV + KEYTRUDA® (pembrolizumab) in patients with HPV16-positive HNSCC. Median...

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Victoria’s Secret & Co. Provides First Quarter 2024 Preliminary Results

Sales, adjusted operating income, adjusted EPS at the high end or above guidance Reaffirms fiscal 2024 sales and adjusted operating income guidance REYNOLDSBURG, Ohio, May 09, 2024 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today provided preliminary results for the first quarter 2024 ended May 4, 2024. Net sales, adjusted operating income, and adjusted diluted earnings per share for the first quarter are at or above previously issued guidance as highlighted in the table below.     First Quarter 2024     Preliminary Results Guidance         Net Sales   (3%) to (4%) (4%) to (6%)         Adjusted Operating Income $35 – $40 million $10 – $35 million         Adjusted Diluted Earnings Per Share   $0.07 to $0.12 ($0.15) to $0.10         Chief Executive...

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Source Energy Services Reports Q1 2024 Results

CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) — Source Energy Services Ltd. (TSX: SHLE) (“Source” or the “Company”) is pleased to announce its financial results for the three months ended March 31, 2024. Q1 2024 PERFORMANCE HIGHLIGHTS Key achievements for the quarter ended March 31, 2024 include the following: realized sand sales volumes of 874,849 metric tonnes (“MT”) and sand revenue of $133.0 million, an increase of $1.2 million from the first quarter of 2023; generated total revenue of $169.6 million, a $5.8 million increase from the same period last year; realized gross margin of $35.6 million and Adjusted Gross Margin(1) of $43.2 million, increases of 12% and 14%, respectively, when compared to the first quarter of 2023; reported net income of $1.9 million; realized Adjusted EBITDA(1) of $32.0 million, a $4.4 million improvement...

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