Day: August 7, 2024

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...

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...

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...

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...

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 –...

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...