Day: May 16, 2024

UNISYNC Reports Continued Improving Financial Performance in Q2 Fiscal 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — Unisync Corp. (“Unisync”) (TSX:”UNI”) (OTC:“USYNF”) announces its unaudited financial results for the second quarter ended March 31, 2024 (“Q2 2024”). Unisync operates through two business units: Unisync Group Limited (“UGL”) with operations throughout Canada and the USA and 90% owned Peerless Garments LP (“Peerless”), a domestic manufacturing operation based in Winnipeg, Manitoba. UGL is a leading customer-focused provider of corporate apparel, serving many leading Canadian and American iconic brands. Peerless specializes in the production and distribution of highly technical protective garments, including military operational clothing and accessories for a broad spectrum of Federal, Provincial and Municipal government departments and agencies. Results for Q2 2024 versus...

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Notification on convocation of Annual General Meeting of Shareholders of Joint Stock Company “Latvijas Gāze”

The Management Board of joint stock company “Latvijas Gāze”, registration number: 40003000642, legal address: Aristida Briana street 6, Riga, LV-1001, Latvia (hereinafter – the “Company”), hereby convenes and announces that the Annual General Meeting of Shareholders of the Company will take place on 19 June 2024 at 10:00 at Vagonu street 20, Riga, Latvia. The agenda: Reports of the Board, the Council and the Audit Committee, and the certified auditor’s opinion of the joint stock company “Latvijas Gāze”, approval of the Annual Report 2023 of the joint stock company “Latvijas Gāze”. The coverage of losses for 2023 of the joint stock company “Latvijas Gāze”. Election of the auditor and setting of remuneration to the auditor of the joint stock company “Latvijas Gāze”. On determination of the renumeration for the previous Supervisory Council...

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Castor Maritime Inc. Reports Net Income of $22.3 Million for the Three Months Ended March 31, 2024

LIMASSOL, Cyprus, May 16, 2024 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months ended March 31, 2024. Earnings Highlights of the First Quarter Ended March 31, 2024: Total vessel revenues from continuing operations: $20.4 million for the three months ended March 31, 2024, as compared to $24.5 million for the three months ended March 31, 2023, or a 16.7% decrease; Net income from continuing operations of $22.3 million for the three months ended March 31, 2024, as compared to net loss from continuing operations of $(6.5) million for the three months ended March 31, 2023, or a 443.1% increase; Net income of $22.3 million for the three months ended March 31, 2024, as compared to net income of $10.8 million for...

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Middlefield Real Estate Dividend ETF Completes Merger With Sustainable Real Estate Dividend Fund

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — Middlefield is pleased to announce the successful completion, effective today, of the previously announced merger of Sustainable Real Estate Dividend Fund (“Sustainable Real Estate”) (TSX: MSRE.UN) into Middlefield Real Estate Dividend ETF (“Real Estate ETF”) (TSX: MREL), with Real Estate ETF being the continuing fund. Each unit of Sustainable Real Estate has been automatically exchanged into 0.62971496 units of Real Estate ETF. This exchange ratio was based on the net asset values per unit of each respective fund as at the closing of trading on the Toronto Stock Exchange (the “TSX”) on May 15, 2024. Approximately 887,779 new units of Real Estate ETF were issued in connection with the merger. Effective today, the units of Sustainable Real Estate will no longer trade on the TSX. The merger...

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ProSomnus Announces Strong First Quarter 2024 Revenue Growth

ProSomnus Records 28% Year-Over-Year Revenue Growth Accompanied by Continued Strong Customer Satisfaction PLEASANTON, Calif., May 16, 2024 (GLOBE NEWSWIRE) — ProSomnus, Inc. (the “Company”), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy, today announced results for the first quarter ended March 31, 2024. Revenue for the first quarter of 2024 totaled $7.5 million, an increase of $1.7 million or 28% compared to $5.8 million for the first quarter of 2023 representing one of the highest growth rates in sleep medicine. Industry leading six-day turnaround with on-time customer deliveries continuing above 99%. RPMO2 Next Generation Remote Patient Monitoring device scheduled for expected final clinical testing before FDA submission during June 2024. “These exceptional results demonstrate ProSomnus’s value proposition,...

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Magic Software Reports First Quarter 2024 Financial Results

OR YEHUDA, Israel, May 16, 2024 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2024. Summary Results for the First Quarter 2024 (USD in millions, except per share data)               GAAP     Non-GAAP     Q1 2024 Q1 2023 % Change   Q1 2024 Q1 2023 % Change Revenues $ 130.7 $ 142.4 (8.2%)   $ 130.7 $ 142.4 (8.2%) Gross profit $ 36.7 $ 38.9 (5.6%)   $ 38.3 $ 40.1 (4.5%) Gross margin   28.1%   27.3% 80 bps     29.3%   28.2% 110 bps Operating income $ 14.4 $ 15.3 (6.0%)   $ 18.1 $ 18.5 (1.7%) Operating margin   11.0%   10.8% 20 bps     13.9%   13.0% 90 bps Net income (*) $ 8.8 $ 10.1 (13.0%)   $ 11.3 $ 12.6 (10.4%) Diluted...

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AdTheorent Holding Company, Inc. Announces Withdrawal of Acquisition Proposal from Third Party and Next Steps in Cadent Transaction

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) — AdTheorent Holding Company, Inc. (“AdTheorent” or the “Company”) (Nasdaq: ADTH), a machine learning pioneer delivering measurable value for programmatic advertisers, today announced that the third party that had submitted a non-binding acquisition proposal to acquire the Company for $3.35 per share has withdrawn such proposal, and has informed the Company that it does not intend to submit another acquisition proposal. This proposal had been submitted during the go-shop period that followed AdTheorent’s announcement of the execution of a definitive merger agreement (the “Merger Agreement”) pursuant to which Cadent, LLC (“Cadent”), a leading provider of platform-based converged TV advertising solutions and a portfolio company of Novacap, one of North America’s established private equity firms,...

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Provident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc.

Combines the Best of Two Highly Regarded Banks to Create the Premier Super Community Bank in the Region Company Names New Board Members and Executive Leadership Team ISELIN, N.J., May 16, 2024 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE: PFS) (“Provident”) announced today that its merger with Lakeland Bancorp, Inc. (“Lakeland”) was completed, creating the premier super community banking franchise in the region. The merger of Lakeland Bank with and into Provident Bank has also been completed. In accordance with the Agreement and Plan of Merger dated as of September 26, 2022, as amended (the “Merger Agreement”), at the close of the transaction Lakeland shareholders have the right to receive 0.8319 of a share of Provident common stock for each share of Lakeland common stock they owned immediately prior to the effective...

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Refined Energy Corp. and Eagle Plains Resources Ltd. Increase Dufferin Project Acreage in the Athabasca Basin

Dufferin Project increased to over 7,300 hectares VANCOUVER, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) — Refined Energy Corp. (CSE: RUU; OTC: RFMCF; FRA: CWA0) (“Refined” or the “Company”) is pleased to announce that it has acquired a further 879 hectares for the Dufferin North property in the Dufferin Project (“Dufferin Project”), a prospective uranium property located in the Athabasca Basin, Saskatchewan, Canada. The Dufferin Project now comprises a total of 7,303 hectares. Refined has the right, at its option, to acquire up to a 75% interest in the Dufferin Project (see Refined’s news release of February 27, 2024) from Eagle Plains Resources Ltd. (“Eagle Plains”) through a series of cash payments and share issuances and fund exploration expenditures on the Dufferin Project. The Dufferin Project consists of two properties,...

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Global Ship Lease Reports Results for the First Quarter of 2024

Continued capital allocation discipline, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities, CEO transition successful & Chief Compliance Officer appointed ATHENS, May 16, 2024 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months ended March 31, 2024. First Quarter of 2024 Highlights – Reported operating revenue of $179.6 million for the first quarter of 2024, an increase of 12.7% on operating revenue of $159.3 million for the prior year period. – Reported net income available to common shareholders of $89.5 million for the first quarter of 2024, an increase of 24.0% on net income of $72.2...

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