Month: May 2024

Teekay Corporation Reports First Quarter 2024 Results

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

HAMILTON, Bermuda, May 09, 2024 (GLOBE NEWSWIRE) — Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended March 31, 2024. The full earnings release is available on the Company’s website here. About Teekay Teekay is a leading provider of international crude oil marine transportation and other marine services. Teekay provides these services directly and through its controlling ownership interest in Teekay Tankers Ltd. (NYSE: TNK), one of the world’s leading owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate approximately 64 conventional tankers and other marine assets, including vessels operated for the Australian government. With offices in eight countries and approximately 2,200 seagoing and shore-based employees, Teekay provides a...

Fiverr Announces First Quarter 2024 Results

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

Strong start to the year with Q1 results ahead of expectations. We executed on our key strategic priorities, delivering revenue at the top end of our guidance, and Adjusted EBITDA ahead of our guidance range. GMV acceleration led by SPB expansion. Strong execution on Fiverr Business Solutions and our push into complex services enabled us to drive GMV acceleration amid a continued challenging hiring environment. SPB grew 8% y/y, the strongest growth in more than a year. Announced authorization of share repurchase program of up to $100M. We recently announced our first-ever stock repurchase program, demonstrating our confidence in Fiverr’s long-term opportunity and commitment to creating shareholder value. Our strong balance sheet and cash flow generation enable us to return capital to shareholders and also support long-term strategic investments. Well...

Teekay Tankers Ltd. Reports First Quarter 2024 Results and Declares Dividends

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

HAMILTON, Bermuda, May 09, 2024 (GLOBE NEWSWIRE) — Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company’s results for the quarter ended March 31, 2024 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended March 31, 2024. In addition, the Board of Directors has declared a special cash dividend of $2.00 per share. These cash dividends are payable on May 31, 2024 to all shareholders of record as at May 21, 2024. The full earnings release and earnings presentation are available on the Company’s website here. About Teekay Tankers Teekay Tankers has a fleet of 42 double-hull tankers (including 25 Suezmax tankers and 17 Aframax / LR2 tankers), and has eight time chartered-in tankers. Teekay Tankers’ vessels are typically employed through...

RxSight, Inc. Announces Pricing of Public Offering of Common Stock

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

ALISO VIEJO, Calif., May 08, 2024 (GLOBE NEWSWIRE) — (NASDAQ: RXST) — RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, announced today that it has priced its underwritten public offering. RxSight expects to sell 1,785,714 shares of its common stock at a price to the public of $56.00 per share. RxSight has granted the underwriters a 30-day option to purchase up to an additional 267,857 shares of its common stock at the public offering price, less underwriting discounts and commissions. All of the shares are to be sold by RxSight. Before deducting the underwriting discount and estimated offering expenses payable by RxSight, RxSight expects to receive gross proceeds of approximately $100.0 million, assuming no exercise of the underwriters’...

Volaris Celebrates Frontier Airlines’ Reactivation of the Codeshare Agreement Between Both Airlines

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

Starting today, Frontier Customers will have access to more than 40 destinations in Mexico through Volaris Partnership MEXICO CITY, May 08, 2024 (GLOBE NEWSWIRE) — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, welcomes Frontier Airlines reactivation of the Codeshare agreement between both airlines, facilitating travel between the United States and Mexico. Beginning today, Frontier customers will be able to book travel to Mexico on Volaris for flights departing May 16th, 2024, onward. Volaris offers more than 460 daily flight segments, through an extensive network that connects 44 cities in Mexico and 29 in the United States, Central and South America. In Mexico, it...

Listing of Exodus Class A Common Stock Delayed by NYSE American

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

OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (OTCQX: EXOD) (the “Company” or “Exodus”) today announced that it was informed by the NYSE American that the exchange has delayed the Company’s listing until the Staff of the Securities and Exchange Commission completes its review of Exodus’ registration statement, which went effective on April 28, 2024. The NYSE American previously informed Exodus that its shares of Class A common stock, par value $0.000001 (the “Common Stock”), had been approved for listing with trading expected to commence on May 9, 2024. The Company may reconsider listing on a national securities exchange at a future date once the SEC Staff has completed its review of the registration statement. Until such time, the Company’s Common Stock will continue to trade on OTC Markets’ OTCQX exchange...

ProSomnus Sleep Technologies Takes Strategic Action to Position Company for Long-Term Success

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

Announces Plan for $20 million in Aggregate New Financing to Support Daily Operations, Restructuring, Strategic Initiatives, and Advocacy Company Enters into Voluntary Chapter 11 Restructuring Process Which Will Take Company Private, Reduce Debt and Enable Execution of Key Initiatives Minimal Expected Operational Impact to Business, Company Wil Continue Serving Customers and Delivering Products PLEASANTON, Calif., May 08, 2024 (GLOBE NEWSWIRE) — ProSomnus, Inc. (the “Company”), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy, announced it has initiated a voluntary restructuring process under Chapter 11 of the U.S. Bankruptcy Code to reorganize and strengthen its capital structure going forward, improve financial flexibility and better position the company for long-term success. In connection with this process, the Company...

West Red Lake Gold Announces Revised Terms to Previously Announced Bought Deal Public Offering

Written by Customer Service on May 8, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce that it has amended its previous agreement with Raymond James Ltd. as sole bookrunner, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 27,778,000 units (the “Units”) and 11,236,000 charity-flow through units (the “Charity Flow-Through Units”) of the Company at a price of C$0.72 per Unit (the “Unit Issue Price”) and C$0.89 per Charity Flow-Through Unit (the “Charity Flow-Through Issue Price”), respectively, for aggregate gross proceeds to the Company...

Prime Drink Group Announces Terms of Concurrent Financing in Connection With Proposed Acquisition of Triani Canada and Provides Update on the Transaction

Written by Customer Service on May 8, 2024. Posted in Mergers And Acquisitions.

MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) — Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces terms of the non-brokered private placement financing of a minimum of 8,000,000 subscription receipts (each, a “Subscription Receipt”) and a maximum of 12,000,000 Subscription Receipts for gross proceeds of a minimum of $5,000,000 and a maximum of $7,500,000 (the “Offering”). This Offering is in connection with the previously announced transaction (the “Proposed Transaction”) whereby the Company will acquire all of the issued and outstanding common shares of Triani Canada Inc. (“Triani”) pursuant to a Definitive Agreement (as defined herein) to be entered into among the parties, as more fully described in the press release dated January 22, 2024 available on the Company’s SEDAR+ profile at www.sedarplus.ca. All currency...

Petrus Resources Announces First Quarter 2024 Financial and Operating Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three months ended March 31, 2024. Q1 2024 HIGHLIGHTS:Production – Production was 9,783 boe/d, up 3% from 9,474 boe/d(1) in the fourth quarter of 2023. Notably, oil production was up 26% quarter over quarter. The increase was due to a full quarter of production from the wells completed in the fourth quarter of 2023.Commodity Prices – Total realized price was $31.42/boe in the first quarter of 2024 compared to $30.60/boe in the fourth quarter of 2023, up 3% as higher oil weighting offset lower pricing.Funds Flow(2) – Generated funds flow of $16.3 million ($0.13 per share(3)) for the first quarter of 2024 compared to $16.5 million ($0.13 per share)...

Month: May 2024

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