Month: May 2024

The Keg Royalties Income Fund Announces First Quarter 2024 Results

Written by Customer Service on May 9, 2024. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended March 31, 2024 (the “quarter”). HIGHLIGHTSRoyalty Pool Sales(1) of $181.2M, down 5.5% for the quarter KRL Average Sales per Operating Week(1) of $134,000 per Operating Week, down 4.3% for the quarter Same Store Sales(1) down 5.1% for the quarter Distributable Cash(1) up 20.4% to $0.410/Fund unit for the quarter Special cash distribution of $0.08/Fund unit paid on January 31, 2024 Payout Ratio(2) was 69.3% for the quarterRoyalty Pool Sales reported by the 105 Keg restaurants in the Royalty Pool were $181,249,000 for the quarter, a decrease of $10,625,000 or 5.5%...

Mercer International Inc. Reports First Quarter 2024 Results and Announces Quarterly Cash Dividend Of $0.075

Written by Customer Service on May 9, 2024. Posted in Dividend Reports And Estimates.

Selected HighlightsFirst quarter Operating EBITDA* of $63.6 million and net loss of $16.7 millionImproving pulp markets and lower costs driving stronger EBITDAQuarterly cash dividend of $0.075 per shareNEW YORK, May 09, 2024 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2024 Operating EBITDA of $63.6 million, an increase from $27.5 million in the same quarter of 2023 and $21.1 million in the fourth quarter of 2023. In the first quarter of 2024, net loss was $16.7 million (or $0.25 per share), which included a non-cash loss on disposal of $23.6 million (or $0.35 per share) relating to the dissolution of the Cariboo Pulp and Paper (“CPP”) joint venture, compared to a net loss of $30.6 million (or $0.46 per share) in the first quarter of 2023 and a net loss of $87.2...

Kinross announces Annual Shareholder Meeting voting results

Written by Customer Service on May 9, 2024. Posted in Public Companies.

TORONTO, May 09, 2024 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s virtual Annual Meeting of Shareholders on May 8, 2024. The nominees listed in the Management Information Circular dated March 12, 2024, were elected as directors of Kinross at the meeting (see detailed voting results below). Board of Directors voting resultsNominee Votes for % for Votes withheld % withheldKerry D. Dyte 763,966,358 95.76% 33,838,456 4.24%Glenn A. Ives 790,145,889 99.04% 7,658,922 0.96%Ave G. Lethbridge 773,109,953 96.90% 24,694,858 3.10%Michael A. Lewis 789,269,572 98.93% 8,535,239 1.07%Elizabeth D. McGregor 796,309,472 99.81% 1,495,338 0.19%Catherine McLeod-Seltzer 681,020,185 85.36% 116,784,572 14.64%Kelly...

Associated Capital Group, Inc. Reports Increased First Quarter Book Value

Written by Customer Service on May 9, 2024. Posted in Public Companies.

AUM: $1.55 billion at March 31, 2024 compared to $1.59 billion at December 31, 2023 Book Value per share ended the quarter at $42.80 per share vs $42.11 at December 31, 2023GREENWICH, Conn., May 09, 2024 (GLOBE NEWSWIRE) — Associated Capital Group, Inc. (“AC” or the “Company”), a diversified financial services company, today reported its financial results for the first quarter ended March 31, 2024. Financial Highlights ($ in 000’s except AUM and per share data)(Unaudited) Three Months Ended March 31, 2024 2023 AUM – end of period (in millions) $ 1,549 $ 1,799 AUM – average (in millions) 1,556 1,841 Revenues 3,011 2,465 Operating loss before management fee (Non-GAAP) (2,988 ) (2,590 )Investment and other non-operating...

Interfor Reports Q1’24 Results

Written by Customer Service on May 9, 2024. Posted in Public Companies.

Adjusted EBITDA loss of $22 million and Net Loss of $73 million BURNABY, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q1’24 of $72.9 million, or $1.42 per share, compared to a Net loss of $169.0 million, or $3.29 per share in Q4’23 and a Net loss of $41.3 million, or $0.80 per share in Q1’23. Adjusted EBITDA was a loss of $22.3 million on sales of $813.2 million in Q1’24 versus a loss of $51.4 million on sales of $785.9 million in Q4’23 and Adjusted EBITDA of $26.1 million on sales of $829.9 million in Q1’23. Notable items:Ongoing Weak Lumber MarketLumber prices continued to reflect an imbalance of lumber supply and demand, with demand continuing to be impacted by the elevated interest rate environment and ongoing economic uncertainty....

Tarsus to Participate in Fireside Chat at the 2024 Bank of America Healthcare Conference

Written by Customer Service on May 9, 2024. Posted in Public Companies.

IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) — Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), whose mission is to focus on unmet needs and apply proven science and new technology to revolutionize treatment for patients, starting with eye care, today announced that Bobak Azamian, M.D., Ph.D., Chief Executive Officer and Chairman, will participate in an in-person fireside chat at the 2024 Bank of America Healthcare Conference taking place in Las Vegas, NV, on Wednesday, May 15, at 1:55 p.m. PT / 4:55 p.m. ET. A live webcast and additional information about the presentation can be accessed on the events section of the Tarsus website. The replay will be available on the Tarsus website within 48 hours and will be archived for a limited time. About Tarsus Pharmaceuticals, Inc.Tarsus Pharmaceuticals, Inc. applies proven science and new...

SeaChange Completes Sale of Substantially All of its Assets to Enghouse

Written by Customer Service on May 9, 2024. Posted in Mergers And Acquisitions.

BOSTON, May 09, 2024 (GLOBE NEWSWIRE) — SeaChange International, Inc. (OTC: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced that it has closed its previously announced transaction to sell substantially all of SeaChange’s assets related to its product and services business to Enghouse Systems Limited (“Enghouse”), a leading global telecommunication technology and solutions company that provides next generation communications solutions to communication service providers (including TV / cable operators), media companies, defense, public safety agencies, and utilities, who will also assume certain SeaChange liabilities, for a total purchase price of $39 million, less SeaChange’s cash...

Total Energy Services Inc. Announces Q1 2024 Results

Written by Customer Service on May 9, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) — Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces its consolidated financial results for the three months ended March 31, 2024. Financial Highlights ($000’s except per share data) Three months endedMarch 31 2024 2023 ChangeRevenue $ 204,686 $ 237,777 (14 %)Operating income 22,030 28,020 (21 %)EBITDA (1) 43,290 48,475 (11 %)Cashflow 32,837 48,672 (33 %)Net income 15,463 24,038 (36 %)Attributable to shareholders 15,482 24,040 (36 %) Per Share Data (Diluted) EBITDA (1) $ 1.06 $ 1.15 (8 %)Cashflow $ 0.80 $ 1.16 (31 %) Attributable to shareholders: Net income $ 0.38 $ 0.57 (33 %) Common...

Nova Leap Health Corp. Posts Q1 2024 Results

Written by Customer Service on May 9, 2024. Posted in Earnings Releases And Operating Results.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, May 09, 2024 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce the release of financial results for the quarter ended March 31, 2024. All amounts are in United States dollars unless otherwise specified. Nova Leap Q1 2024 Financial Results Financial results for the first quarter ended March 31, 2024 include the following:Q1 2024 revenues of $6,429,721 decreased by 1.9% relative to Q4 2023 revenues of $6,551,865 and were higher than Q1 2023 revenues of $6,396,076 by 0.5%.Q1 2024 Adjusted EBITDA of $361,802 was a decrease of 36.7% over Q4 2023 Adjusted EBITDA of $571,270 and an increase of 321% over Q1 2023 Adjusted...

Inventronics Announces 2024 Q1 Financial Results

Written by Customer Service on May 9, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) — Inventronics Limited (“Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, electric distribution, energy, and other industries in North America, today announced its unaudited 2024 Q1 financial results. For the three months ended March 31, 2024, the Corporation reported net earnings of $8,000, or 0.2 cents per share, on revenue of $1,432,000 compared to net earnings of $325,000, or 6.7 cents per share, on revenue of $3,335,000 for the same period of 2023. The demand for enclosures has strengthened from the low levels experienced in the fourth quarter of 2023 as customers work their way through their excess inventories.Financial Highlights Three months ended(in thousands of dollars, except per share amounts) Mar 312024 Mar...

Month: May 2024

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