Day: May 14, 2024

Amounts in US$ unless otherwise noted Record quarterly net revenue of US$262.5 million driving record adjusted EPS of US$0.27 and adjusted free cash flow per share of US$0.35 Solid net revenue growth of 16.8% led by continued strength in services revenue Strong performance enables continued investment in our business for our clients while maintaining solid adjusted operating margins Management remains confident in its ability to meet, or potentially exceed, the upper end of guidance on most metrics TORONTO, May 14, 2024 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today announced strong financial and operating results for the three months ended March 31, 2024. The following tables presents Element’s...

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three months ended March 31, 2024. This press release should be read in conjunction with the Company’s management’s discussion and analysis (“MD&A”) and interim consolidated financial statements for the three months ended March 31, 2024, which are available on the Company’s website at www.mattr.com and on SEDAR+ at www.sedarplus.ca. Highlights from the first quarter include1: Consolidated revenue was $224 million, operating income was $8 million and Adjusted EBITDA was $30 million; Composite Technologies segment revenue was $119 million, a 10% decrease compared to the $133 million delivered in the prior year’s quarter; Connection Technologies segment revenue was $91 million,...

VANCOUVER, British Columbia, May 14, 2024 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months ended March 31, 2024 (“Q1 2024”). Consolidated Q1 2024 filings can be found at www.sedarplus.ca and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars unless otherwise stated. Q1 2024 HIGHLIGHTS Completed the acquisition of Marathon Gold to create a high-growth, cash flow focused, mid-tier gold producer in the Americas, including 100% of the Valentine Gold Mine (“Valentine”) hosting a mineral endowment of 2.7 Moz of Reserves, 3.96 Moz of Measured and Indicated Resources and 1.10 Moz of Inferred Resources1; The Valentine exploration program has demonstrated considerable resource expansion and discovery...

CARLSBAD, Calif., May 14, 2024 (GLOBE NEWSWIRE) — Natural Alternatives International, Inc. (“NAI”) (Nasdaq: NAII), a leading formulator, manufacturer, and marketer of customized nutritional supplements, today announced a net loss of $1.6 million, or ($0.27) per diluted share, on net sales of $25.1 million for the third quarter of fiscal year 2024 compared to a net loss of $2.4 million, or ($0.41) per diluted share, in the third quarter of the prior fiscal year. Net sales during the three months ended March 31, 2024, decreased $7.6 million, or 23%, to $25.1 million as compared to $32.7 million recorded in the comparable prior year period. During the same period, private-label contract manufacturing sales decreased 26% to $22.4 million. Private-label contract manufacturing sales decreased primarily due to reduced orders...

First quarter with positive Adjusted EBITDA* and sixth consecutive improving quarter Operating expenses reduced by 34% year-on-year Stronger balance sheet, with no near-term debt maturities Mark Silver, founder of Direct Energy and Universal Energy Group, appointed to Board of Directors BOCA RATON, Fla., May 14, 2024 (GLOBE NEWSWIRE) — SpringBig Holdings, Inc. (“Springbig” or the “Company”) (OTCQX: SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the first quarter ended March 31, 2024. The Company also announced that Mark Silver, President of Optus Capital Corporation, has joined the board of directors with effect from May 10, 2024. “We have continued to make good progress in a challenging macroenvironment....

FREMONT, Calif., May 14, 2024 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: Strategic shift to IoT sales continues: Revenue at $0.73 million for the first quarter ended March 31, 2024 compared to $1.85 million in the year ago period, driven by delay in customer order delivery to the second quarter of 2024. Fixed costs maintained in anticipation of next quarters’ growth: Gross Margin at 30% for the first quarter ended March 31, 2024, compared to 37% for the three months ended March 31, 2023, driven by lower revenue offset by indirect costs that are down 20%. Operating...

DALLAS, May 14, 2024 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD), the world’s leading provider of hair testing for drugs of abuse, today announced financial results for the first quarter ended March 31, 2024. The Company’s revenue for the quarter ended March 31, 2024, was $5.4 million versus $5.9 million for the quarter ended March 31, 2023, a decrease of 9%. Net loss for the quarter was $0.7 million, or $0.12 per share, compared to a net loss of $0.4 million, or $.07 per share, for the comparable quarter last year. Brian Hullinger, President, and Chief Executive Officer, stated: “Although we experienced a decrease in revenues and earnings for the quarter, we remain optimistic about the future. We continue to actively explore new markets and applications for our hair testing solutions. With a renewed focus on client...

SUGAR LAND, Texas, May 14, 2024 (GLOBE NEWSWIRE) — Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today reported its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: Announced first quarter 2024 revenues of $199.6 million. Improved gross margin by 120 basis points to 24.4% as compared to 23.2% in the 2023 first quarter. Reported first quarter 2024 net loss of $17.2 million, a $7.5 million improvement over the 2023 first quarter net loss of $24.7 million. Grew consolidated Adjusted EBITDA1 to $6.5 million (3.3% of consolidated revenue), an increase of 54.7% from $4.2 million (2.1% of consolidated...

HEALWELL AI achieved quarterly revenue from continuing operations of $4.58 million in Q1-2024, 132% higher compared to $1.97 million generated in Q1-2023 and 139% higher than $1.92 million generated in Q4-2023. Since its relaunch in Q4-2023 and its acquisition of Intrahealth, an enterprise class EHR service provider on February 1, 2024, the Company’s annual revenue run rate has more than doubled to over $20 million with the largest component of revenues now coming from SaaS and services. Management provides a positive outlook based on strong and active acquisition and business development pipeline with the potential to more than double HEALWELL’s yearly revenue run-rate to over $40 million using the Company’s existing cash on hand, not including the proceeds of the recently announced bought deal financing for up to $20 million. HEALWELL’s...