Day: August 6, 2024

– Q2 Total Revenue of $90.9 Million – – Q2 Net Loss of $10.2 Million or $(0.27) Earnings per Share – – Q2 Operating Cash Flow of $23.5 Million – – Q2 Adjusted EBITDA loss of $(5.8) Million – TERRE HAUTE, Ind., Aug. 06, 2024 (GLOBE NEWSWIRE) — Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”), today reported its financial results for the second quarter ended June 30, 2024. Brent Bilsland, President and Chief Executive Officer, stated, “We made progress during the quarter towards our strategic and deliberate path to transform Hallador and capture increased value as we advance our products and services up the value chain. Since acquiring the Merom Power Plant in 2022, we have expanded our offerings from fuel production to wholesale electricity sales, and we are...

SAN DIEGO, Aug. 06, 2024 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the leader in Protective Communications, today announced financial results for the Company’s fiscal third quarter ended June 30, 2024. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “Genasys is making positive progress across each of its end markets. The large, announced projects with PREPA and the US Army provide long-term confidence in our hardware business. The recent improvement in international bookings also lends confidence that the broader hardware business is stabilizing.”  Mr. Danforth continued, “As has been the case all year, our software business continues to track in line with our aggressive expectations.   Our coverage area in California continues to expand and we are also gaining traction in several western states....

THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for second quarter 2024 and provided an improved outlook for the third quarter and full year. Second Quarter 2024 HighlightsProduced sales of 13,623 barrels of oil per day (“Bo/d”), representing a 2% increase over the first quarter of 2024; Sold record total volumes of 19,786 barrels of oil equivalent per day (“Boe/d”) (69% oil), which was 4% higher than the first quarter; Reported net income of $22.4 million, or $0.11 per diluted share, and Adjusted Net Income1 of $23.4 million, or $0.12 per diluted share; Recorded Lease Operating Expense (“LOE”) of $10.72 per Boe, which was below the low end of guidance; Increased Cash Operating Margin1 to $32.97 per Boe, reflecting...

Performance Chemicals operating income more than doubles on personal care growth Fuel Specialties operating income up double digits with margin expansion As expected, Oilfield Services results impacted by lower production chemical activity Debt-free balance sheet with over $240 million in net cash GAAP EPS $1.24 and adjusted non-GAAP EPS $1.39 ENGLEWOOD, Colo., Aug. 06, 2024 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the second quarter ended June 30, 2024. Total revenues for the second quarter were $435.0 million, a decrease of 9 percent from $480.4 million in the corresponding period last year. Net income for the quarter was $31.2 million or $1.24 per diluted share compared to $28.9 million or $1.16 per diluted share recorded last year. Adjusted EBITDA for the quarter was $54.1 million...

Late-stage pipeline program, Anaphylm™ (epinephrine) Sublingual Film, remains on track for a near-term New Drug Application (NDA) submission to the FDA Expanded sales coverage for Libervant™ (diazepam) Buccal Film for patients between ages two to five with national retail distribution anticipated in the fourth quarter 2024 Anticipates holding epinephrine prodrug technology investor day in the coming months Finishes the second quarter 2024 with cash and cash equivalents of approximately $90 million and reaffirms cash runway into 2026 To host investment community conference call at 8:00 am ET on August 7, 2024WARREN, N.J., Aug. 06, 2024 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ:AQST) (“Aquestive” or the “Company”), a pharmaceutical company advancing medicines to bring meaningful...

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced second quarter 2024 results. Net income attributable to common stockholders for the second quarter of 2024 was $24 million, or $0.28 per diluted share, as compared to the second quarter of 2023 net income attributable to common stockholders of $18 million, or $0.21 per diluted share. Adjusted net income attributable to common stockholders for the second quarter of 2024 was $27 million, or $0.31 per diluted share, as compared to the second quarter of 2023 adjusted net income attributable to common stockholders of $22 million, or $0.26 per diluted share. MRC Global’s second quarter 2024 gross...