Day: July 24, 2024

Colabor Group Reports Results for the Second Quarter 2024

SAINT-BRUNO-DE-MONTARVILLE, Quebec, July 24, 2024 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) reports its results for the second quarter ended June 15, 2024. Second Quarter 2024 Financial Highlights: Sales decreased by 1.8% to $161.3 million, compared to $164.2 million for the corresponding period of 2023; Net earnings from continuing operations were $1.7 million compared to $2.3 million for the corresponding period of 2023; Adjusted EBITDA(1) increased by 4.6% to $9.7 million from $9.3 million for the corresponding period of 2023 with an adjusted EBITDA(1) margin to 6.0% of sales compared to 5.7% of sales during the corresponding period of 2023; Cash flow from operating activities decreased to $5.0 million compared to $11.3 million for the second quarter of 2023; Net debt(2) decreased to $56.0 million,...

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BlueRush Announces Initial $900,000 Closing of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — BlueRush Inc. (“BlueRush” or the “Company”) ‎‎‎(TSXV:BTV; ‎OTCQB:BTVRF), ‎a personalized video Software as a Service (SaaS) company, announced today the initial closing (the “Initial Closing”) of its non-brokered private placement financing pursuant to which BlueRush proposes to raise gross proceeds of up to $1,020,000 through the issuance of up to 68 units (a “Unit” or “Units”) of the ‎Company at $15,000 per Unit (the “Offering”), originally announced by the Company on June 18, 2024. Pursuant to the Initial Closing, the Company has issued 60 Units for gross proceeds of $900,000. The Company received an aggregate of $600,000 from Round 13 Capital Inc. (“R13 Capital”) for 6 Units and Round...

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Mountain Crest Acquisition Corp. V Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K and Quarterly Report on Form 10-Q

NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) — Mountain Crest Acquisition Corp. V (NASDAQ: MCAG, the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on July 18, 2024 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file (i) its Annual Report on Form 10-K for the year ended December 31, 2023 (the “Form 10-K”), as described more fully in the Company’s Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the “SEC”) on April 2, 2024 and (ii) its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the “Form 10-Q”), as...

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DIRTT to Release Q2 2024 Financial Results August 7

CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it will release its second quarter 2024 financial results on Wednesday, August 7th, 2024, after markets close. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live via webcast on Thursday, August 8th, 2024, at 8:00am MST (10:00am EST). The call and webcast will be hosted by Benjamin Urban, chief executive officer and Fareeha Khan, chief financial officer. Click here to listen to the live webcast of the call. The webcast is listen-only. A webcast replay of the call will be available through the company website at dirtt.com/investors. ABOUT DIRTTDIRTT is a leader in industrialized...

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Silver Spike Investment Corp. Announces Second Quarter 2024 Financial Results Conference Call

NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced it will report financial results for its second quarter ended June 30, 2024, before market open on Friday, August 9, 2024. SSIC will host a conference call and webcast to discuss the Company’s financial results at 8:00 a.m. Eastern Time on Friday, August 9, 2024. Participants may register for the call here. A live webcast of the call will also be available on the SSIC website at ssic.silverspikecap.com. A replay of the call will be available at ssic.silverspikecap.com by the end of day August 9, 2024. Call Details – Silver Spike Investment Corp. Second Quarter 2024 Financial Results: When: Friday,...

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Sandfire Resources America Inc. Reports Additional High Grade Copper Intersections at the Black Butte Copper Project

WHITE SULPHUR SPRINGS, Mont., July 24, 2024 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company”) is pleased to announce additional drill results of its 2024 exploration drilling program. This includes hole SC24-286 which intercepted 8.53 meters of 6.6% copper and hole SC24-288 which intercepted 13.19 meters of 12.8% copper, both in the Johnny Lee Lower Copper Zone.    The ongoing 2024 drill program focuses on upgrading and expanding the Johnny Lee Lower Copper Zone resource which at last estimate consists of a measured and indicated resource of 1.2 million tonnes grading 6.8% Cu and an inferred resource of 0.5 million tonnes of 5.9% Cu (2020 Technical Report*). Since December 2023, the Company has drilled approximately 8,000 meters of a planned 20,000-meter drill program.  Table 1. Black Butte...

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ChampionX Reports Second Quarter 2024 Results

Revenue of $893.3 million Net income attributable to ChampionX of $52.6 million Adjusted net income of $71.2 million Adjusted EBITDA of $183.2 million Income before income taxes margin of 9.3% Adjusted EBITDA margin of 20.5% Cash from operating activities of $67.6 million and free cash flow of $38.3 million THE WOODLANDS, Texas, July 24, 2024 (GLOBE NEWSWIRE) — ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced second quarter of 2024 results. Revenue was $893.3 million, net income attributable to ChampionX was $52.6 million, and adjusted EBITDA was $183.2 million. Income before income taxes margin was 9.3% and adjusted EBITDA margin was 20.5%. Cash from operating activities was $67.6 million and free cash flow was $38.3 million. CEO Commentary “We continued to demonstrate the unique nature of ChampionX’s...

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Comscore to Announce Second Quarter 2024 Financial Results

RESTON, Va., July 24, 2024 (GLOBE NEWSWIRE) — Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media, today announced that it plans to hold a conference call to discuss its financial results for the second quarter ended June 30, 2024 on Tuesday, August 6th at 5:00 p.m. ET. Interested parties may access the conference call via live webcast at https://edge.media-server.com/mmc/p/gdhyyouv , or participate via telephone by registering in advance at https://register.vevent.com/register/BI53e0c35687fc4127bda3a03058be91be. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. Following the conference call, a replay will be available via webcast at https://ir.comscore.com/events-presentations.    About Comscore Comscore...

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CVB Financial Corp. Reports Earnings for the Second Quarter 2024

Second Quarter 2024 Net Earnings of $50 million, or $0.36 per share Return on Average Assets of 1.24% Return on Average Tangible Common Equity of 15.51% Net Interest Margin of 3.05% ONTARIO, CA, July 24, 2024 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended June 30, 2024. CVB Financial Corp. reported net income of $50.0 million for the quarter ended June 30, 2024, compared with $48.6 million for the first quarter of 2024 and $55.8 million for the second quarter of 2023. Diluted earnings per share were $0.36 for the second quarter, compared to $0.35 for the prior quarter and $0.40 for the same period last year. Net income of $50.0 million for the second quarter of 2024 produced an annualized return on average equity (“ROAE”)...

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Live Oak Bancshares, Inc. Reports Second Quarter 2024 Results

WILMINGTON, N.C., July 24, 2024 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported second quarter of 2024 net income of $27.0 million, or $0.59 per diluted share. “Live Oak delivered a solid quarter with growth in loans, deposits and revenue as we continue our mission to serve small businesses across the country,” said Live Oak Chairman and Chief Executive Officer James S. (Chip) Mahan III. “The strength of our portfolio is due to the quality of the entrepreneurs we serve. Our focus on credit strength, specialized industries and deep expertise continues to demonstrate the power of our franchise, and we are confident in the long-term opportunities ahead.” Second Quarter 2024 Key Measures (Dollars in thousands, except per share data)       Increase (Decrease)       2Q 2024   1Q...

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