Month: May 2024

Inspirato Announces First Quarter 2024 Results; Improved Occupancy Rates Contribute to Margin Expansion and Quarterly Profits

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

DENVER, May 07, 2024 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its 2024 first quarter financial and operating results. Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release’s supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics and percent changes may not always equal total amounts indicated due to rounding. 2024 First Quarter Highlights:Net income of $2.2 million in the first quarter of 2024...

GXO Reports First Quarter 2024 Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

First quarter revenue of $2.5 billion, up 6% year over year; organic revenue growth1 of 1% Signed new business wins of approximately $250 million in annualized revenue in 1Q 2024; up 55% year over year Sales pipeline at 12-month high of $2.2 billion Completed acquisition of Wincanton on April 29, 2024GREENWICH, Conn., May 07, 2024 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) today announced results for the first quarter 2024. Malcolm Wilson, chief executive officer of GXO, said, “We delivered a strong start to 2024, reflecting our solid execution amid improving industry dynamics. The company grew revenue by 6% to $2.5 billion and delivered positive organic revenue growth, while gaining market share. We look forward to driving continued growth throughout 2024 and are on track to achieve our full-year outlook. “We’re seeing...

Dundee Precious Metals Continues Record of Strong Free Cash Flow Generation; Announces 2024 First Quarter Results

Written by Customer Service on May 7, 2024. Posted in Public Companies.

TORONTO, May 07, 2024 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) announced its operating and financial results for the first quarter ended March 31, 2024. Highlights(Unless otherwise stated, all monetary figures in this news release are expressed in U.S. dollars, and all operational and financial information contained in this news release is related to continuing operations.)Strong metals production: Produced 62,727 ounces of gold and 6.7 million pounds of copper, in line with expectations. All-in sustaining cost: Reported all-in sustaining cost per ounce of gold sold1 of $883, in line with 2024 guidance, and cost of sales per ounce of gold sold2 of $1,127. Significant free cash flow: Generated $62.3 million of free cash flow1 from continuing operations and $35.8 million of cash provided...

Kinross reports 2024 first-quarter results

Written by Customer Service on May 7, 2024. Posted in Public Companies.

Strong start to the year with robust margins driving strong free cash flowDevelopment projects on trackWell positioned to meet annual guidanceTORONTO, May 07, 2024 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the first quarter ended March 31, 2024. This news release contains forward-looking information about expected future events and financial and operating performance of the Company. We refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on pages 27 and 28 of this release. All dollar amounts are expressed in U.S. dollars, unless otherwise noted. 2024 first-quarter highlights:Production of 527,399 gold equivalent ounces (Au eq. oz.), a 13% year-over-year increase. Production cost of sales1,...

Flagship Communities Real Estate Investment Trust Announces First Quarter 2024 Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 07, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its first quarter 2024 results. The financial results of the REIT are presented below in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (the “IASB”), except where otherwise noted. Results are shown in U.S. dollars unless otherwise noted. First Quarter 2024 Results:Rental revenue for the three months ended March 31, 2024 was $19.9 million, an increase of 18.9% compared to $16.8 million for the three months ended March 31, 2023 Same Community Revenue1 for the three months ended March 31, 2024 was $18.6 million, up...

DLC Releases Q1-2024 Results; Achieves 14% Increase In Funded Volumes Of $11.2 Billion For Q1-2024

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended March 31, 2024 (“Q1-2024”). For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated May 7, 2024 and are available on SEDAR+ at www.sedarplus.ca and on the Corporation’s website at www.dlcg.ca. All amounts are presented in Canadian dollars unless otherwise stated. DLCG includes the Corporation and its three main subsidiaries: MCC Mortgage Centres Canada Inc. (“MCC”), MA Mortgage Architects Inc. (“MA”), and Newton Connectivity Systems Inc. (“Newton”). Gary Mauris, Executive Chairman and CEO, commented, “Continuing our momentum from Q4-2023, we were pleased...

VAALCO Energy, Inc. Announces First Quarter 2024 Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“VAALCO” or the “Company”) today reported operational and financial results for the first quarter of 2024. First Quarter 2024 Highlights and Recent Key Items:Closed the accretive all cash acquisition of Svenska Petroleum Exploration AB (“Svenska”) for a net purchase price of $40.2 million;Following the planned shutdown for maintenance in April, the Baobab field is back on production with a current rate in excess of 5,000 VAALCO working interest (“WI”)(1) barrels of oil equivalent per day (“BOEPD”) (99% oil); Strategically expands West African focus area with a sizeable producing asset that has significant upside potential and future development opportunities in Cote d’Ivoire, a well-established and investment-friendly...

Power Solutions International Announces First Quarter 2024 Financial Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

Net Income increased by 91%, EPS were $0.31, an increase of $0.15 for the Quarter, Gross Margin 27.0%, an increase of 6.9% for the Quarter, Operating Cash Flows were $15.6 million, an increase of $10.6 million for the Quarter, Debt decreased $5.0 million for the Quarter, Shareholder Equity restored positive $3.2 million for the Quarter. WOOD DALE, Ill., May 07, 2024 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announces first quarter 2024 financial results. First Quarter 2024 Results Today, Power Solutions International, Inc., reported results for the three months ended March 31, 2024, with first quarter of 2024 net income of $7.1 million and diluted earnings per share of $0.31,...

U.S. Energy Corp. Announces First Quarter 2024 Results Conference Call Date

Written by Customer Service on May 7, 2024. Posted in Public Companies.

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) — U.S. Energy Corp. (NASDAQ: USEG, or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today announced that it will issue first quarter 2024 results after the market closes on Thursday, May 9, 2024. A conference call will be held Friday, May 10, 2024, at 9:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call will be available in the Investor Relations section of the Company’s website at www.usnrg.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software. To participate in the live teleconference:Domestic...

Coherent Announces Date of Its Instrumentation Market Overview Webcast

Written by Customer Service on May 7, 2024. Posted in Public Companies.

PITTSBURGH, May 07, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an Instrumentation Market Overview webcast for investors, equity analysts, and the public on Tuesday, May 14, at 10:00 a.m. ET. Individuals wishing to view the 90-minute webcast can access the event at the company’s website by visiting coherent.com/company/investor-relations/financial-webcasts. The event will be recorded, and a replay will be available for a limited time. About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets....

Month: May 2024

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