Day: August 7, 2024

ISC Reports Record Revenue and Adjusted EBITDA in Second Quarter 2024 Results

Record quarterly revenue and adjusted EBITDA Strong volumes in Registry Operations and Services 2024 guidance re-affirmed Continued execution towards 5-year goal to double revenue and adjusted EBITDA by 2028  REGINA, Saskatchewan, Aug. 07, 2024 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the second quarter ended June 30, 2024. Capitalized terms that are used but not defined in this news release have the meaning ascribed to those terms in Management’s Discussion & Analysis for the three and six ended June 30, 2024. 2024 Second Quarter Highlights Revenue was a record $67.8 million for the quarter, an increase of 27 per cent compared to the second quarter of 2023. This was driven by Registry Operations’ strong performance...

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Global Water Resources Reports Second Quarter 2024 Results

PHOENIX, Aug. 07, 2024 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the second quarter ended June 30, 2024. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q2 2024 Financial Highlights Total revenue increased 3.9% to $13.5 million. Net income decreased 0.5% to $1.7 million or $0.07 per share. Adjusted net income increased 3.0% to $1.8 million or $0.07 per share (see definition of adjusted net income, a non-GAAP term, and reconciliation to GAAP, below). Adjusted EBITDA increased $0.1 million to $6.8 million (see definition of adjusted EBITDA, a non-GAAP term, and reconciliation to GAAP, below). Cash...

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Entrée Resources Announces Second Quarter 2024 Results

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) has today filed its interim financial results for the second quarter ended June 30, 2024. All numbers are in U.S. dollars unless otherwise noted. Q2 2024 HIGHLIGHTS Oyu Tolgoi Underground Development UpdateThe Oyu Tolgoi project in Mongolia includes two separate land holdings: the Oyu Tolgoi mining licence, which is held by Oyu Tolgoi LLC (“OTLLC”) and the Entrée/Oyu Tolgoi JV Property, which is a joint venture partnership between Entrée and OTLLC. Rio Tinto owns 66% of OTLLC and is the manager of operations at Oyu Tolgoi. On July 15, 2024, Rio Tinto announced ramp up of the Oyu Tolgoi Lift 1 underground mine continues in line with its long-term plan. Oyu Tolgoi is set to become the world’s fourth...

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Swiss Water Reports Second Quarter Results

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three and six months ended June 30, 2024. Second Quarter Financial and Operational Highlights Since completing the commissioning process during the third quarter of last year, the Company has been decaffeinating commercial grade coffee on its new second production line in Delta, BC. During the first half of this year, processing volumes and quality metrics on the new line continued to increase, enabling the delivery of forecasted volumes, and significant production efficiencies. Total sales volumes for the second quarter increased by 12%, while first-half volumes decreased...

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Calian Reports Results for the Third Quarter

(All amounts in release are in Canadian dollars) OTTAWA, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) — Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today released its results for the third quarter ended June 30, 2024. Q3-24 Highlights: Revenue up 11% to $185 million Gross margin at 33.4%, up from 30.7% last year Adjusted EBITDA1 up 22% to $17.7 million Operating free cash flow1 of $10.0 million Net liquidity of $132 million Repurchased 26,600 shares in consideration of $1.5 million Renewed and won several contracts Backlog increased to $1.2 billion Completed the acquisition of Mabway on May 9, 2024 The Company intends to renew its NCIB in August 2024, subject to TSX approval Financial Highlights Three months ended Nine...

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Conifex Announces Second Quarter 2024 Results Conference Call

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it plans to release its second quarter 2024 results after market close on Tuesday, August 13, 2024. Conifex has scheduled a conference call at 2:00 PM Pacific time / 5:00 PM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers: Toll-Free Access (Canada/US): 1-800-806-5484Local dial-in number: 416-340-2217Participant Pass Code: 7803003# The call will also be available on instant replay until October 4, 2024. For Instant Replay Access, please dial one of the following numbers and enter Participant Pass Code 2888896#. Toll-Free Access: 1-800-408-3053 For further information, please contact: Trevor PrudenChief Financial Officer(604)...

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McEwen Mining: Q2 2024 Results

TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2024. “I’m delighted that this quarter was the most profitable since 2016 as measured by Adjusted EBITDA(1) for our mining operations and Q3 is off to a good start. Production costs increased 8% quarter-over-quarter, but revenue grew by 38%. Fox and Gold Bar are capitalizing on the higher gold prices to increase operating cash flow, Gold Bar in particular with its AISC at only $1,400 per GEO in H1. It’s important to note that our net loss continues to be influenced by McEwen Copper and its expenses at Los Azules, which are non-cash as it relates to MUX,” commented Rob McEwen, Chairman and Chief Owner. “McEwen Copper continues to grow in value –...

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Andrew Peller Limited Reports Financial Results for First Quarter Fiscal 2025

GRIMSBY, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) — Andrew Peller Limited (TSX: ADW.A / ADW.B) (“APL” or the “Company”) announced today results for the three months ended June 30, 2024. All amounts are expressed in Canadian dollars unless otherwise stated. FIRST QUARTER 2025 HIGHLIGHTS Revenue was $99.5 million, compared with $100.5 million in the prior year; Gross margin of 38.4%, consistent with the prior year; EBITA increased to $12.9 million, from $12.7 million in Q1 2024; and Net loss of $0.4 million ($0.01 per Class A Share), compared to $0.9 million ($0.02 per Class A Share) in Q1 2024. “Our operating results were largely consistent year over year, as our significant work on cost savings initiatives and operational efficiencies has enabled us to generate solid EBITA performance through a period of softer market conditions...

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Fancamp Clarifies Technical Disclosure

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Company”) (TSX Venture Exchange: FNC) announces that in connection with a technical disclosure review by the British Columbia Securities Commission (the “BCSC”), the Company is clarifying certain disclosures related to the Company’s Clinton property, located in the Northern Appalachian region in the Eastern Townships of Québec (the “Clinton Property”), contained in the Company’s previous corporate presentations for Q2 2023 and Q1 2024 (the “Presentations”). The information contained in the Presentations in respect of the Clinton Property is not supported by a compliant National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report and the information in the Presentations should not...

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Petrus Resources Announces Second Quarter 2024 Financial & Operating Results

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and six months ended June 30, 2024. Q2 2024 HIGHLIGHTS: Production – Production for the first half of 2024 averaged 9,627 boe/d(1), up from 9,474 boe/d in the fourth quarter of 2023, despite reduced capital investment, scheduled downtime associated with maintenance, and strategic shut-ins due to low natural gas prices in the first half of 2024. Increased oil production – Average oil weighting for the first half of 2024 increased to 15%, up from 13% in the fourth quarter of 2023. Over the same time period, oil production increased 17% to an average of 1,426 boe/d. Operating expense down 27% – Operating expense was $4.96/boe in the second quarter...

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