Month: May 2024

Wesdome Reports First Quarter 2024 Financial Results

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

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today announced its results for the three months ended March 31, 2024 (“Q1 2024”). Preliminary operating results for Q1 2024 were disclosed on April 15, 2024. Management will host a conference call tomorrow, Thursday, May 9 at 10:00 a.m. Eastern Time to discuss this quarter’s results. All amounts are expressed in Canadian dollars unless otherwise indicated. Q1 2024 HighlightsConsolidated gold production was 33,322 ounces at cash costs per ounce1 of $1,517 per ounce (US$1,125) and all-in sustaining costs (“AISC”) per ounce1 of $2,226 (US$1,650). Net income increased to $10.7 million, or $0.07 per share, an increase of $11.1 million from the corresponding period in 2023. Cash margin1 was $46.6 million, representing...

Middlesex Water Announces First Quarter 2024 Results

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

HIGHLIGHTSFirst Quarter 2024 Net Income was $10.7 million, as compared to $5.9 million in 2023, an increase of 82.1% First Quarter 2024 Diluted Earnings Per Share were $0.59, as compared to $0.33 in 2023, an increase of 78.8% First Quarter 2024 Revenues were $40.5 million, as compared to $38.2 million in 2023, an increase of 6.2% 2024 Capital Investment Plan Delivery on schedule Dividend of $0.325 per share of common stock payable in JuneISELIN, N.J., May 08, 2024 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported first quarter financial results. First Quarter 2024 Results Diluted earnings per share were $0.59 for the three months ended March 31, 2024, compared to $0.33 for the same period in 2023. Net income for the quarter ended...

Melcor REIT announces first quarter 2024 results

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

EDMONTON, Alberta, May 08, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the first quarter ended March 31, 2024. The first quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca) Andrew Melton, CEO of Melcor REIT commented: “We are pleased to report stable first quarter results despite challenging market conditions. Stable results are the result of first-class service provided by our property management group and consistent leasing efforts by our leasing team. “In the first quarter of 2024, we continue to navigate headwinds arising from rising costs due to inflation and elevated...

SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2024

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

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is pleased to report its financial and operating results for the quarter ended March 31, 2024. “We are pleased to report a strong start to 2024,” said Mitchell Goldhar, CEO of SmartCentres. “Our focus on value-oriented retail continues to drive robust customer traffic, resulting in a $5.9 million increase in net rental income(1) compared to the first quarter of last year. Significant demand for additional locations from existing and new retailers will result in the expansion of the portfolio in the coming quarters. In addition, exceptional retention of maturing tenancies has already led to 4.4 million square feet of renewals with a compelling average rent growth of 8.9% (excluding anchors)....

Kneat Announces Record Revenue for First Quarter 2024

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

Annual Recurring Revenue Growth Accelerates to 57% LIMERICK, Ireland, May 08, 2024 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI, OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, today announced financial results for the three-month period ended March 31, 2024. All dollar amounts are presented in Canadian dollars unless otherwise stated.First-quarter 2024 total revenue reaches $10.8 million, an increase of 35% year over year Annual Recurring Revenue (ARR)1 at March 31, 2024 grows 57% year over year, to $42.1 million SaaS ARR1 at March 31, 2024 reaches $41.8 million, an increase of 59% year over year“Kneat is off to a solid start to what we expect to be another excellent year. Thousands of new licenses went to customers in the quarter, as many extended Kneat Gx to...

MariMed Reports First Quarter 2024 Earnings

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

NORWOOD, Mass., May 08, 2024 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the first quarter ended March 31, 2024. “With the first quarter now in the books, I’m pleased to say we are on track with our strategic plan and financial targets,” said Jon Levine, Chief Executive Officer. “The tremendous growth in our wholesale business was undoubtedly the highlight of the quarter. I am proud that once again, MariMed outperformed our competition in every market in which we operate, including Illinois. The strong revenue growth led to our 17th consecutive quarter of positive adjusted EBITDA.” Financial Highlights1 The following table summarizes the Company’s consolidated...

Firm Capital Apartment REIT Reports Q1/2024 Results and Provides Strategic Review Update

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

All figures in $USD unless otherwise noted. TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three months ended March 31, 2024 as well as provide an update regarding the previously announced Strategic Review: EARNINGSFor the three months ended March 31, 2024, net loss was approximately $1.3 million, in comparison to the $0.5 million net loss reported for the three months ended December 31, 2023 and the $4.9 million net loss reported for the three months ended March 31, 2023;Excluding non-cash fair value adjustments, net loss was $0.06 million for the three months ended March 31, 2024, in comparison to the $0.3 million net loss reported for the three months ended December 31, 2023 and the...

Parex Resources Announces First Quarter Results, First Production at Arauca, and Declaration of Increased Q2 2024 Dividend

Written by Customer Service on May 8, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period ended March 31, 2024, and the declaration of its increased Q2 2024 regular dividend of C$0.385 per share. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. “This year, we have made significant progress in executing our strategy and building operational momentum,” commented Imad Mohsen, President & Chief Executive Officer. “The foundation is strong at our base Cabrestero and LLA-34 assets, where horizontal wells, waterflood, and polymer application are yielding positive results. Beyond our base, the Arauca-8 well is now among the top oil-producing wells in Colombia – and the recently signed Llanos Foothills...

Dime Hires Veteran Long Island Banker

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

HAUPPAUGE, N.Y., May 08, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that it has hired industry veteran Kenneth Scheriff. Mr. Scheriff will be part of Dime’s commercial lending group. He had a long and successful career at State Bank of Long Island and was most recently at New York Community Bancorp. “I joined Dime as I was attracted to the single point of contact model and relationship-based mindset. Dime’s focused business model and commitment to the Greater Long Island marketplace aligns with my values and philosophy.” said Scheriff. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.5...

Lamar Advertising to appear at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference

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

BATON ROUGE, La., May 08, 2024 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 22, 2024 at approximately 8:00 a.m. ET. The session will be carried live via audio webcast at the Company’s website, www.lamar.com, and will be archived for 30 days. About Lamar Advertising CompanyFounded in 1902, Lamar Advertising Company (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with more than 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local...

Month: May 2024

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