Day: May 16, 2024

Okeanis Eco Tankers Corp. – Key Information relating to Q1 2024 dividend

Written by Customer Service on May 16, 2024. Posted in Dividend Reports And Estimates.

ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company’s board of directors (the “Board”) has declared a dividend on its common shares, which is classified as a return of capital for accounting purposes (the “Dividend”). Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in Norway (“VPS”) should please note the information on the payment date to the shares registered in VPS below. Effective as of May 28, 2024, the New York Stock Exchange (“NYSE”) will settle its trades on a T+1 basis, while the Oslo Stock Exchange (“OSE”) will continue to settle its trades on a T+2 basis. As a result,...

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the First Quarter and Three-Month Period of 2024

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (the “Company” or “OET” or “Okeanis”) (NYSE:ECO / OSE:OET), today reported unaudited condensed financial statements for the first quarter and three-month period of 2024, which are attached to this press release. Selected Q1 2024 and Recent Highlights:Time charter equivalent (“TCE”, a non-IFRS measure*) revenue and Adjusted EBITDA (a non-IFRS measure*) of $81.0 million and $65.2 million, respectively. Adjusted profit and Adjusted earnings per share (non-IFRS measures*) for the period of $39.6 million or $1.23 per basic & diluted share. Fleetwide daily TCE rate of $63,600 per operating day; VLCC and Suezmax TCE rates of $68,800 and $56,700 per operating day, respectively. Daily vessel operating expenses (“opex”, a non-IFRS measure*) of $9,208...

CloudMD Reports 2023 Results for the Full Year and Fourth Quarter

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

Full year 2023 revenue of $90.9 million compared to $99.4 million in 2022, and $90.5 million compared to $86.7 million on a normalized basis, excluding one-time COVID mandates. Q4 2023 gross profit margin1 of 39.7% was relatively flat compared to Q3 2023 and improved 380 bps from the prior year. Q4 2023 Adjusted EBITDA1 loss of $1.4 million compared to a gain of $0.6 million in the previous quarter, annual improvement of $7.2 million compared to prior year. Net loss from continuing operations of $60.3 million in Q4 2023, reflecting asset impairment charges of $59.9 million. Cash and cash equivalents including restricted cash of $11.4 million at the end of 2023. Signed $9.5 million of multi-year contracts in 2023 which represent annual recurring revenue. Additional cost reductions of $1.0 million annualized were actioned in Q4 2023, resulting...

Northland Power Reports First Quarter 2024 Results

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

Baltic Power, Hai Long and Oneida projects continue to make construction progress TORONTO, May 15, 2024 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) reported today financial results for the three months ended March 31, 2024. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “We are off to a strong start in 2024 with first quarter results better than expected, thanks to strong winds experienced at our offshore wind facilities,” said Mike Crawley, Northland’s President and Chief Executive Officer. “Construction programs for our large offshore wind projects in Taiwan and Poland, and energy storage project in Canada, continue to progress, with major pieces of equipment continuing to arrive at all three projects, and Hai Long’s 2024 in-water installation...

Carbon Streaming Announces Financial Results for the Three Months Ended March 31, 2024

Written by Customer Service on May 16, 2024. Posted in Public Companies.

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the three months ended March 31, 2024. All figures are expressed in United States dollars, unless otherwise indicated. The Company will host a live audio call at 11:00 a.m. ET on Friday, May 17, 2024. Carbon Streaming CEO Justin Cochrane stated: “In the first quarter of 2024, Carbon Streaming continued its focus on enhancing operational efficiency, resulting in improvements to operating cash flow compared to the comparative quarter. We remain dedicated to generating cash flows from sales and identifying further cost-saving measures going forward. Regarding the revocation of the concession license at the Rimba Raya project, we intend to...

Rubicon Organics Reports Q1 2024 Financial Results

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

Achieved net revenue of $8.9 million for the three months ended March 31, 2024 Adjusted EBITDA1 loss of $0.4 million for the three months ended March 31, 2024 Negative operating cash flow of $0.9 million for the three months ended March 31, 2024 Number one premium licenced producer across all categories2 2.0%3 national market share of flower and pre-rolls for the three months ended March 31, 2024 7.1%4 national market share of premium flower and pre-rolls for the three months ended March 31, 2024 WildflowerTM is the number one topical brand in Canada with market share of 30.6%5 for the three months ended March 31, 2024 22.8%6 national market share of premium edibles for the three months ended March 31, 2024 Launch of full spectrum extract vapes in Alberta, BC, and Ontario in May 2024VANCOUVER, British Columbia , May 15, 2024 (GLOBE...

NOVONIX Announces Completion of Due Diligence for Combination of Natural Graphite Interests into Axon Graphite

Written by Customer Service on May 16, 2024. Posted in Public Companies.

BRISBANE, Australia, May 16, 2024 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that due diligence has been satisfactorily completed for both NOVONIX and Lithium Energy Limited (ASX: LEL)(“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”). As previously announced, NOVONIX has agreed to divest MD South Tenements Pty Ltd, its wholly owned subsidiary that holds the Mount Dromedary natural graphite exploration interests, to Axon Graphite Limited, a subsidiary of LEL. LEL will contribute its interest in its Burke and Corella graphite projects to Axon pursuant to the agreement. As consideration for the transaction, NOVONIX will receive shares in Axon, which the parties intend...

Mulvihill Capital Management Inc. Announces Special Meeting of World Financial Split Corp.

Written by Customer Service on May 16, 2024. Posted in Public Companies.

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) — (TSX: WFS) Mulvihill Capital Management Inc. (the “Manager”), the manager of World Financial Split Corp. (the “Fund”) announced today that the board of directors of the Fund has approved a proposal to change the investment objectives, strategy and restrictions of the Fund and to amend the articles of the Fund, all as more particularly described in the management information circular (the “Circular”) for the special meeting (the “Meeting”) of the Fund’s shareholders (the “Shareholders”). The purpose of the Meeting is to consider and vote upon a special resolution to reposition and recapitalize the Fund to enhance its ability to meet its investment objectives going forward by making the following changes. In this regard, the Fund proposes to change the following (collectively, the “Proposed...

Assure & Danam Postpone Corporate Update Call & Webcast Scheduled for May 16

Written by Customer Service on May 16, 2024. Posted in Public Companies.

DENVER, May 15, 2024 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, announced today that the joint corporate update call with Danam scheduled for Thursday, May 16, 2024 at 4 p.m. Eastern Time has been postponed. The Company plans to reschedule the conference call at a later date. About Assure Holdings Assure Holdings Corp. is a best-in-class provider of outsourced intraoperative neuromonitoring and remote neurology services. The Company delivers a turnkey suite of clinical and operational services to support surgeons and medical facilities during invasive procedures that place the nervous system at risk including neurosurgery, spine, cardiovascular, orthopedic and ear, nose, and throat surgeries. Assure employs...

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Fourth Quarter and Year End Earnings Release and Conference Call Webcast

Written by Customer Service on May 16, 2024. Posted in Public Companies.

PHOENIX, May 15, 2024 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the fourth quarter and fiscal year ended March 30, 2024 on Thursday, May 23, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 24, 2024 at 1:00 p.m. Eastern Time. Date: May 24, 2024 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a...

Day: May 16, 2024

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