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Month: August 2024

VitalHub Corp. Reports Second Quarter 2024 Financial Results

Total Revenue up 24% YoY to $16.2 million Adjusted EBITDA ⁽²⁾ up 41% YoY to $4.2 million Annual Recurring Revenue (ARR) ⁽¹⁻²⁾ up 25% YoY to $51.3 million TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management’s Discussion and Analysis report for the three and six months ended June 30, 2024, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedarplus.com. “We are pleased to report a strong second quarter in 2024, marked by significant organic growth and strategic advancements,” stated Dan Matlow, CEO of VitalHub. “With our second quarter revenue reaching $16.2 million, a 24% increase from the previous year,...

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Northview Residential REIT Announces Another Quarter of Occupancy Gains and Strong Same Door NOI Growth of 18.2% in Western Canada Multi-Residential

CALGARY, Alberta, Aug. 08, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (NRR.UN – TSX), today announced financial results for the three and six months ended June 30, 2024. Q2 2024 HIGHLIGHTSNet operating income (“NOI”) of $41.6 million increased 35.8% from Q2 2023 Same door(1) NOI of $32.4 million resulting in growth of 5.8% compared to Q2 2023 Western Canada multi-residential led same door NOI growth at 18.2% resulting from same door average monthly rent (“AMR”)(1) growth of 7.8% and same door occupancy gains of 340 bps compared to Q2 2023 AMR improvements across all regions with growth of 4.5% compared to Q2 2023 Multi-residential occupancy(1) improved by 200 bps to 96.1% from Q2 2023 Funds from operations (“FFO”)(2) per basic Unit of $0.51 was lower than $0.56 from Q2 2023 FFO payout ratio...

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UPDATE — Cellectar Biosciences to Announce Second Quarter Financial Results and Host a Conference Call on Tuesday, August 13, 2024

FLORHAM PARK, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) — Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced that the company will provide a corporate update for the three months ended June 30, 2024, on Tuesday, August 13, 2024. Management will also host a conference call with investors to discuss financial results and provide an overview at 8:30 am Eastern Time. Details for the call are as follows: Conference Call & Webcast Details:Date:                Tuesday, August 13, 2024Time:                8:30 am Eastern TimeToll Free:          1-800-717-1738Webcast:          Click HERE A replay of the call will be available on Events section of the company’s investor relations website. About...

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Saputo Reports Financial Results for the First Quarter of Fiscal 2025 Ended June 30, 2024

MONTRÉAL, Aug. 08, 2024 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the first quarter of fiscal 2025, which ended on June 30, 2024. All amounts in this news release are in millions of Canadian dollars (CDN), except per share amounts, unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS). “We delivered a very good first quarter with strong revenue and adjusted EBITDA1 growth and solid cash generation. More importantly, we are clearly seeing the benefits from the bold actions we have taken over the past few years. Capital projects in the US are now up and running, while other expansion and modernization efforts around the globe remain right on track. The dairy commodity environment in the US also began to stabilize...

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Aptose Reports Results for the Second Quarter 2024

TUS+VEN+HMA Triplet Protocol in Frontline Therapy for Newly Diagnosed AML was Reviewed by the FDA and Allowed to ProceedAbstract Supporting Exploration of the TUS+VEN+AZA Triplet in Frontline Therapy for Newly Diagnosed AML has been Submitted to the 2025 Annual Meeting of the American Society of Hematology (ASH)SAN DIEGO and TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) — Aptose Biosciences Inc. (“Aptose” or the “Company”) (NASDAQ: APTO, TSX: APS), a clinical-stage precision oncology company developing highly differentiated oral targeted agents to treat hematologic malignancies, today announced financial results for the three months ended June 30, 2024, and provided a corporate update. “We are pleased that our triplet protocol of tuspetinib with venetoclax and azacitidine (TUS+VEN+AZA) has been allowed to proceed at the 40 mg dose...

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Pacific Health Care Organization, Inc. Reports its Second Quarter 2024 Results

Irvine, Aug. 08, 2024 (GLOBE NEWSWIRE) — Pacific Health Care Organization, Inc., (the “Company”) (OTCQB: PFHO) yesterday filed with the Securities and Exchange Commission (the “Commission”) its quarterly report on Form 10-Q announcing financial results for the quarter ended June 30, 2024. Quarterly Results The Company reported total revenue of $1,569,954 for the quarter ended June 30, 2024, compared with total revenue of $1,324,053 for the quarter ended June 30, 2023. The Company reported income from operations of $191,995 for the quarter ended June 30, 2024, compared to income from operations of $145,118 during the quarter ended June 30, 2023. The Company realized net income of $215,556 or $0.02 per share on a basic and fully diluted basis for the second quarter of 2024, compared to net income of $176,427 or $0.01 per share...

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Guardian Capital Group Limited (TSX: GCG; GCG.A) Announces 2024 Second Quarter Operating Results

TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) — All per share figures disclosed below are stated on a diluted basis.         For the periods ended June 30, Three months  Six months ($ in thousands, except per share amounts) 2024 2023 2024 2023         Net revenue $ 64,164   $ 61,833   $ 126,661   $ 116,326Operating earnings   14,333     17,038     26,651     28,278Net gains (losses)   (39,161 )   (3,736 )   (26,424 )   14,398Net earnings (loss) from continuing operations   (22,730 )   11,532     (1,289 )   36,784Net earnings from discontinued operations   —     —     —     554,933Net earnings (loss)   (22,730 )   11,532     (1,289 )   591,717                  EBITDA (1) $ 21,376   $ 23,199   $ 40,282   $ 40,570Adjusted cash flow from operations (1)   14,740     15,903     29,949     34,000                  Attributable...

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Mercer International Inc. Reports Second Quarter and First Half 2024 Results and Announces Quarterly Cash Dividend of $0.075

Selected HighlightsSecond quarter Operating EBITDA* of $30.4 million and net loss of $67.6 million Strengthened pulp markets drive improvement in operating cash flows and liquidity Quarterly cash dividend of $0.075 per shareNEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2024 Operating EBITDA of $30.4 million, an increase from negative Operating EBITDA of $68.7 million in the same quarter of 2023 and a decrease from Operating EBITDA of $63.6 million in the first quarter of 2024. In the second quarter of 2024, net loss was $67.6 million ($1.01 per share), which included a non-cash impairment of $34.3 million ($0.51 per share) against goodwill related to the Torgau facility, compared to a net loss of $98.3 million ($1.48 per share) in the second quarter of 2023...

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Interfor Reports Q2’24 Results

Adjusted EBITDA loss of $17 million and Net Loss of $76 million BURNABY, British Columbia, Aug. 08, 2024 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q2’24 of $75.8 million, or $1.47 per share, compared to a Net loss of $72.9 million, or $1.42 per share in Q1’24 and a Net loss of $14.1 million, or $0.27 per share in Q2’23.   Adjusted EBITDA was a loss of $16.7 million on sales of $771.2 million in Q2’24 versus a loss of $22.3 million on sales of $813.2 million in Q1’24 and Adjusted EBITDA of $41.9 million on sales of $871.8 million in Q2’23. Notable items:Production Curtailments to Reflect Ongoing Weak Lumber MarketIn Q2’24, lumber production totalled 1.0 billion board feet, representing a 35 million board foot decrease over the prior quarter. This decrease partially...

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Nova Leap Health Corp. Posts Q2 2024 Results that include a Continuation of Strong Operating Results, a Strong Balance Sheet and the Re-engagement of M&A

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, Aug. 08, 2024 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce the release of financial results for the quarter ended June 30, 2024. All amounts are in United States dollars unless otherwise specified. Nova Leap Q2 2024 Financial Results Financial results for the second quarter ended June 30, 2024 include the following:Nova Leap recorded positive Net Income, positive Adjusted EBITDA, positive net cash flows, completed one acquisition and maintained borrowing capacity for future acquisitions with no bank debt. Q2 was the Company’s 10th consecutive quarter with positive Adjusted EBITDA and 5th consecutive quarter of positive...

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