Month: July 2024
GUADALAJARA, Mexico, July 22, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) reports its consolidated results for the second quarter ended June 30, 2024 (2Q24). Figures are unaudited and prepared following International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).
Summary of Results 2Q24 vs. 2Q23The sum of aeronautical and non-aeronautical services revenues decreased by Ps. 212.9 million, or 3.3%. Total revenues decreased by Ps. 1,100.6 million, or 13.2%.
Cost of services increased by Ps. 179.3 million, or 17.3%.
Income from operations decreased by Ps. 444.8 million, or 11.2%.
EBITDA decreased by Ps. 378.7 million, or 8.3%, a decrease from Ps. 4,576.8 million in 2Q23 to Ps. 4,198.1 million in...
Imperial Reports Drilling at Mount Polley Extends Mineralization 885 Metres Beneath Springer Pit
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, July 22, 2024 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports diamond drill results from the final 18 diamond drill holes from the Mount Polley 2024 exploration program, including a notable interval of 895 metres grading 0.26% copper and 0.32 g/t gold starting from a depth of 27.5 metres, including 342.5 metres grading 0.42% copper and 0.48g/t gold starting from 27.5 metres, in diamond drill hole SD-24-196. The 2024 drilling at Mount Polley followed up on the significant results obtained in the 2023 drill program which focused on the Springer zone at Mount Polley.
Hole SD-24-196 was an angled hole oriented at 155°/75° (strike/dip), collared in the floor on the south side of the Springer Pit. This hole, like the other holes in this drill program targeted...
GURU Organic Energy Names New Vice-President, Marketing
Written by Customer Service on . Posted in Public Companies.
GURU Organic EnergyShingly Lee, Vice President, MarketingMONTRÉAL, July 22, 2024 (GLOBE NEWSWIRE) — GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company”), Canada’s leading organic energy drink brand1, is pleased to announce the appointment of Shingly Lee as Vice President of Marketing.
“We are very excited to welcome Shingly to the GURU team,” said Carl Goyette, President and CEO of GURU. “Shingly has the experience and qualities we sought to fill this key position within our organization, specifically in the management of high-growth start-ups and multi-million-dollar iconic brands in the global food industry. We believe she will be a great addition to our team and look forward to her leadership, innovative thinking, and strong business acumen which will undoubtedly contribute to our long-term success.”
Shingly...
Volaris Reports Financial Results for the Second Quarter 2024: Net Income of USD $10 million
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
MEXICO CITY, , July 22, 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, today reports its unaudited financial results for the second quarter of 20241.
Second Quarter 2024 Highlights(All figures are reported in U.S. dollars and compared to 2Q 2023 unless otherwise noted)Net income of $10 million. Earnings per American Depositary Shares (ADS) of $9 cents.
Total operating revenue of $726 million, a 7.2% decrease.
Total revenue per available seat mile (TRASM) increased 12% to $8.89 cents.
Available seat miles (ASMs) decreased by 17% to 8.2 billion.
Total operating expenses of $660 million, representing 91% of total operating revenue.
Total operating...
Professor Dr. Robert Schiestl Ph. D. Joins Pacific Software Inc. as Chief Science Advisor (CSA)
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DANA POINT, Calif., July 22, 2024 (GLOBE NEWSWIRE) — Pacific Software Inc.(OTC:PFSF), an emerging skincare, and aesthetics company known for its patented cosmeceutical technology Dermatrix and science-based dietary supplements, is excited to announce the appointment of Professor Dr. Robert Schiestl Ph.D. as its Chief Science Advisor (CSA), effective immediately.
Dr. Robert Schiestl is a distinguished scientist who received his Ph.D. from the University of Vienna, Austria with an extensive background in molecular toxicology, cancer prevention, and genomics. He was previously Assistant and Associate Professor in the Department of Cancer Research and later Toxicology at the Harvard School of Public Health. He is currently Professor Emeritus of Pathology, Environmental Health Sciences and Radiation Oncology at UCLA. He was a Director...
GURU Organic Energy Welcomes Three New Board Members
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GURU Organic EnergyJeff ChurchGURU Organic EnergyAnne-Marie LabergeGURU Organic EnergyTyler RicksMONTRÉAL, July 22, 2024 (GLOBE NEWSWIRE) — GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company”), Canada’s leading organic energy drink brand1, is pleased to announce the appointment of three new independent members to its Board of Directors: Jeff Church, Anne-Marie Laberge, and Tyler Ricks. Their extensive experience and diverse backgrounds will provide valuable insight and strategic guidance as GURU works towards its expansion plans in Canada and the United States.
Jeff Church is a veteran entrepreneur and business leader with a track record of building and scaling successful companies in the US. He is the co-founder and former CEO of Suja Juice, a leading organic cold-pressed juice company, where...
Major Drilling Brings AI to Drilling by Investing in a Strategic Partnership with DGI/Kore
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MONCTON, New Brunswick, July 22, 2024 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, is pleased to announce a new partnership with premier downhole technology company DGI Geoscience Inc. (“DGI”) and its affiliate company, artificial intelligence-powered core logging tech innovator, KORE GeoSystems Inc. (“KORE”).
This strategic partnership positions Major Drilling at the forefront of AI advancements in the drilling industry. The combination of Major Drilling’s fleet, skilled drilling teams and its TrailBlazer Rock5 technology, with KORE’s digital rock analysis platform, provides the opportunity to deliver valuable data to our customers. This is complemented by the borehole data acquisition...
LifeVantage To Host “LifeVantage Open House” Virtual Calls on July 23 and 24
Written by Customer Service on . Posted in Public Companies.
Calls will highlight how company is ahead of industry with recent transformation initiatives, innovative compensation plan, award-winning, activating products, and vibrant entrepreneurial community
SALT LAKE CITY, July 22, 2024 (GLOBE NEWSWIRE) — LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, will host Open House calls on July 23 and 24, for anyone wanting to learn more about LifeVantage, its activating products, and the Company’s industry-leading compensation plan designed to meet modern sharers by supporting both product sellers and team builders.
The Open House call on the 23rd will feature a Q&A with LifeVantage President and CEO, Steve Fife, Chief Sales Officer, Kristen Cunningham, and Regional Vice President...
Chain Bridge I to Acquire Phytanix Bio, Creating a New Public Company Focused on Developing Next Generation Cannabinoid and Cannabinoid-like Medicines
Written by Customer Service on . Posted in Mergers And Acquisitions.
Phytanix Bio is a preclinical stage pharmaceutical company founded by former members and associates of GW Pharmaceuticals, holding exclusive cannabinoid and cannabinoid-like medicine intellectual property (IP)
The transaction reflects a pre-deal valuation of $58 million for Phytanix Bio plus the assumption of $17 million of preferred stock and $4.4 million of short-term debt that will be exchanged for convertible preferred stock at deal close
The business combination is expected to be completed in the fourth quarter of 2024, with the combined company to be listed on Nasdaq Capital Markets under the ticker “PHYX”NEW YORK and SANTA BARBARA, Calif., July 22, 2024 (GLOBE NEWSWIRE) — Phytanix Bio, an innovative pharmaceutical company dedicated to the development of therapeutics based on cannabinoid and cannabinoid-like molecules,...
RBB Bancorp Reports Second Quarter 2024 Earnings
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
LOS ANGELES, July 22, 2024 (GLOBE NEWSWIRE) — RBB Bancorp (NASDAQ:RBB) and its subsidiaries, Royal Business Bank (the “Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as “the Company,” announced financial results for the quarter ended June 30, 2024.
Second Quarter 2024 HighlightsNet income totaled $7.2 million, or $0.39 diluted earnings per share.
Return on average assets of 0.76%, compared to 0.81% for the quarter ended March 31, 2024.
Net interest margin of 2.67%, down two basis points, compared to 2.69% for the quarter ended March 31, 2024.
Repurchased 448,190 shares of common stock for $8.1 million during the quarter ended Jun 30, 2024.
Book value and tangible book value per share(1) increased to $28.12 and $24.06 at June 30, 2024, up from $27.67 and $23.68 at March 31, 2024.The Company...
