August 12, 2024 – Page 2

Algoma Steel Issues 2024 ESG Annual Report

Written by Customer Service on August 12, 2024. Posted in Public Companies.

SAULT STE. MARIE, Ontario, Aug. 12, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced the publication of its second annual Environmental, Social, and Governance (“ESG”) report (the “Report”). Michael Garcia, Algoma’s Chief Executive Officer said, “As detailed in our latest ESG report, we are driving change across our business to ensure that our transformation to become a North American leader in green steel is supported by robust governance processes, strong stakeholder relationships and investments in our people and communities.” “We are now in the final phase of construction of our Electric Arc Furnace steelmaking facilities and plan to start commissioning by the end of the year....

Dyne Therapeutics Reports Second Quarter 2024 Financial Results and Recent Business Highlights

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

– Recent Data from ACHIEVE Trial of DYNE-101 in DM1 and DELIVER Trial of DYNE-251 in DMD Demonstrated Compelling Impact on Key Disease Biomarkers and Improvement in Multiple Functional Endpoints – – Strengthened Balance Sheet with $374 Million Public Offering Extending Projected Cash Runway At Least Into the Second Half of 2026 – WALTHAM, Mass., Aug. 12, 2024 (GLOBE NEWSWIRE) — Dyne Therapeutics, Inc. (Nasdaq: DYN), a clinical-stage muscle disease company focused on advancing innovative life-transforming therapeutics for people living with genetically driven diseases, today reported financial results for the second quarter of 2024 and recent business highlights. “The second quarter of 2024 was an exciting one for our clinical programs and pipeline. We reported new clinical data from our ACHIEVE and DELIVER...

Arq Reports Second Quarter 2024 Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

Ongoing improvement to ASP and profitability of foundational PAC business 52% of Red River’s GAC nameplate capacity now contracted nearly six months ahead of first production Red River expansion remains on target for first GAC deliveries in Q1 2025 GREENWOOD VILLAGE, Colo., Aug. 12, 2024 (GLOBE NEWSWIRE) — Arq, Inc. (NASDAQ: ARQ) (the “Company” or “Arq”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the quarter ended June 30, 2024. Financial Highlights Generated revenue of $25.4 million in Q2 2024, up 24% over the prior year period, driven by enhanced contract terms including higher average selling prices (“ASP”) and positive changes in product mix Increased ASP...

GINSMS Announces Financial Results for the Three and Six Months Ended June 30, 2024

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 12, 2024 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (the “Corporation”) has announced its financial results for the second quarter ended June 30, 2024. The complete financial results for GINSMS are available at www.sedar.com. Highlights include: Revenue of $815,190 for the three-month period ended June 30, 2024 as compared of $840,372 for the three-month period ended June 30, 2023. Gross Profit of $428,725 for the three-month period ended June 30, 2024 as compared to gross profit of $306,419 for the three-month period ended June 30, 2023. Operating expenses and finance costs of $232,918 for the three-month period ended June 30, 2024 increased from $211,157 for the three-month period ended June 30, 2023 . Net profit of $203,164 for three-month period ended June 30, 2024 as compared to a net profit of $102,437...

Power Solutions International Announces Record Second Quarter 2024 Financial Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

Net Income was $21.5 million, an increase of 236% from a year earlier, Gross Margin was 31.8%, an increase of 9.7% from a year earlier, EPS were $0.94, an increase of $0.66 from a year earlier, Debt decreased $5.0 million, Shareholder Equity increased to $24.8 million. WOOD DALE, Ill., Aug. 12, 2024 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announces second quarter 2024 financial results. Second Quarter 2024 Results Today, Power Solutions International, Inc., reported record profit for the three months ended June 30, 2024, with net income of $21.5 million and diluted earnings per share of $0.94, compared to net income of $6.4 million and diluted earnings per share of $0.28...

CNL Strategic Capital Announces Operating Results for Second Quarter 2024

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

Orlando, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) — CNL Strategic Capital, LLC (CNL Strategic Capital or the Company) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses. The Company announced its operating results for the six months ended June 30, 2024. Highlights: As of June 30, 2024, CNL Strategic Capital’s portfolio consisted of equity and debt investments in 15 portfolio companies and had approximately $1.1 billion in total assets, compared with approximately $1.0 billion as of Dec. 31, 2023. For the six months ended June 30, 2024, the Company recognized a net change in unrealized appreciation on investments of approximately $35.2 million and had total investment income of approximately $32.1...

WSP to Acquire Power Engineers Setting a Milestone for Accelerated Growth

Written by Customer Service on August 12, 2024. Posted in Mergers And Acquisitions.

$500 MILLION BOUGHT DEAL PUBLIC OFFERING AND $500 MILLION CONCURRENT PRIVATE PLACEMENTS FROM GIC, CDPQ, BCI AND CPP INVESTMENTS Welcoming a Powerhouse: POWER is a prominent brand in the U.S. Power & Energy sector, renowned for over a decade of double-digit organic growth, driven by strong secular trends. Establishing WSP’s Global Leadership: Positions WSP as the preeminent pure-play global consulting firm for the world’s energy transition, poised to leverage the US$21.4 trillion projected global investment in electricity grids by 2050.1 Bolstering U.S. Presence: WSP’s footprint in the U.S. to be significantly amplified, with P&E anticipated to represent 20% of WSP’s pro forma revenues in the United States specifically.2 Highly complementary: Opens doors to a broader blue-chip customer base and enriches WSP’s existing three core...

VirTra Reports Second Quarter and First Half 2024 Financial Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

Quarterly Bookings Improve as VirTra Advances Product Launches and Expands Focus on Federal and Defense Markets CHANDLER, Ariz., Aug. 12, 2024 (GLOBE NEWSWIRE) — VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the second quarter ended June 30, 2024. The financial statements are available on VirTra’s website and here. Second Quarter 2024 and Recent Operational Highlights: Bookings increased by $3 million quarter-over-quarter, doubling since Q1, highlighting improved market conditions and a strengthened sales approach. Gross margins improved to 91%, marking a significant increase from 83% in Q1. Maintained robust working capital at $34.8 million, positioning the...

Orchestra BioMed Reports Second Quarter 2024 Financial Results and Provides a Business Update

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

NEW HOPE, Pa., Aug. 12, 2024 (GLOBE NEWSWIRE) — Orchestra BioMed Holdings, Inc. (Nasdaq: OBIO, “Orchestra BioMed” or the “Company”), a biomedical innovation company accelerating high-impact technologies to patients through risk-reward sharing partnerships, today reported its second quarter 2024 financial results and provided a business update. “Our work in hypertension and coronary artery disease aligns with a renaissance occurring in cardiac pacing and balloon angioplasty, applying new innovations to enhance these foundational device-based interventions and create more potent therapeutic solutions. At our inaugural R&D day in June, we were excited to share our insights into this renaissance and the potential role we believe our lead programs – AVIM therapy and Virtue SAB – will play in improving outcomes for patients....

DHT Holdings, Inc. Second Quarter 2024 Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

HAMILTON, BERMUDA, August 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended June 30, 2024. The full report is available here and in the below attachment. About DHT Holdings, Inc.DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect...

Day: August 12, 2024

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