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Month: August 2024

Firm Capital Apartment REIT Reports Q2/2024 Results and Provides Strategic Review Update

All figures in $USD unless otherwise noted. TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three and six months ended June 30, 2024 as well as provide an update regarding the previously announced Strategic Review: EARNINGS • For the three months ended June 30, 2024, net loss was approximately $2.8 million, in comparison to the $1.3 million net loss reported for the three months ended March 31, 2024 and the $1.9 million net loss reported for the three months ended June 30, 2023;Excluding non-cash fair value adjustments, net loss was $0.4 million for the three months ended June 30, 2024, in comparison to the $0.06 million net loss reported for the three months ended March 31, 2024 and the...

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News Release Correction: Dundee Precious Metals Declares Dividend

TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced a correction to its news release issued on August 1, 2024, entitled “Dundee Precious Meals Declares Divided.” The news release incorrectly stated that the record date for the third quarter dividend declared would be June 30, 2024. The correct record date is September 30, 2024. This correction does not change any other information reported in the August 1 news release. About Dundee Precious Metals Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Serbia and Ecuador. The Company’s purpose is to unlock resources and generate value to thrive and grow together. This overall purpose is supported by a foundation of core values,...

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HII Awards National Merit Scholarships to Children of Shipbuilders

PASCAGOULA, Miss., Aug. 07, 2024 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division presented National Merit Scholarships to the children of four Ingalls shipbuilders on Friday, Aug. 2, during a luncheon at the shipyard. These scholarships, valued from $2,000 to $2,500 each, will be renewable for up to four years of college undergraduate study and can be used at any regionally accredited U.S. college or university of the student’s choice. “The recipients of this year’s scholarships have shown exceptional academic promise, and we are honored to make this investment in their futures,” Ingalls Shipbuilding Vice President of Human Resources Susan Jacobs said. “Thank you to each of the recipients’ parents for nurturing your student over the years. You have exemplified hard work, dedication and commitment over the years...

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Quorum Announces Q2 2024 Results Release Date, Conference Call and Webcast Details

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (TSX-V: QIS) (OTC Pink: QIFTF) (“Quorum”), a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers (“OEMs”) rely on for their operations, intends to release its Q2 2024 Results after markets close on Wednesday, August 21, 2024. Maury Marks, President and Chief Executive Officer and Marilyn Bown, Chief Financial Officer will present the Q2 2024 Results at a conference call with concurrent audio webcast, scheduled for:  Date: Thursday, August 22nd, 2024  Time: 11:00 am MT (1:00 pm ET)  Dial-In #: Toll-Free North America: 1 (888) 660-6411  Conference ID: 2512218  Webcast Link: Quorum Q2 2024 Results Conference Call (Webcast)     An...

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ProSomnus® Sleep Technologies Announces Record Revenues as it Emerges from Reorganization

PLEASANTON, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) — ProSomnus Sleep Technologies (the “Company”), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy™, announced record revenues for the quarter ended June 30, 2024 as it formally emerges from reorganization on August 5, 2024.Revenues for the second quarter totaled a record $9.1 million reflecting increasing orders for the Company’s precision intraoral medical devices. These quarterly results reflect a 22% increase over the first quarter of 2024, a 31% increase over the same quarter in 2023 and the 9th record revenue quarter over the past 10 sequential quarters. Year-to-date 2024 revenues totaled $16.6M, a 30% increase over the first half of 2023. Operating expenses year-to-date decreased 25% to $12.5 million from $16.7 million. Effective August 5, 2024, the transactions...

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Associated Capital Group, Inc. Reports Second Quarter Results

AUM: $1.36 billion at June 30, 2024 compared to $1.55 billion at March 31, 2024Book Value per share ended the quarter at $42.87 per share vs $42.80 at March 31, 2024Returned $4.4 million to shareholders through dividend and share repurchases in the second quarterBoard approves $0.20 per share Shareholder Designated Charitable Contribution (“SDCC”)GREENWICH, Conn., Aug. 07, 2024 (GLOBE NEWSWIRE) —  Associated Capital Group, Inc. (“AC” or the “Company”), a diversified financial services company, today reported its financial results for the second quarter of 2024. Financial Highlights($ in 000’s except AUM and per share data)(Unaudited)   Three Months Ended     Six Months Ended      June 30,     June 30,      2024     2023     2024     2023  AUM – end of period (in millions)   $ 1,362     $ 1,549     $ 1,362     $ 1,549  AUM...

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Crew Energy Announces Q2 2024 Results Highlighted by a 67% Increase in Condensate Production Driving a 55% AFF Margin

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2024. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR+ at sedarplus.ca. HIGHLIGHTS29,253 boe per day1 (176 mmcfe per day) average production in Q2/24 was near the midpoint of quarterly guidance of 28,500 to 30,500 boe per day, reflecting new production from five ultra-condensate rich (“UCR”) wells brought on at the end of Q1/24, and partially offset...

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Ready Capital Corporation Reports Second Quarter 2024 Results

–    GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.21)   ––    DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.07   ––    DISTRIBUTABLE EARNINGS PER COMMON SHARE BEFORE REALIZED LOSSES OF $0.19 ––    DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 2.6%   – NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) — Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended June 30, 2024. “The second quarter results are reflective of our cumulative efforts to cycle out of underperforming assets and into market yielding investments,”...

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Computer Modelling Group Announces First Quarter Results and Quarterly Dividend

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months ended June 30, 2024, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the first quarter ended June 30, 2024. FIRST QUARTER 2025 CONSOLIDATED HIGHLIGHTS Select financial highlightsGenerated total revenue of $30.5 million in the first quarter of fiscal 2025, compared to $20.7 million in the prior year’s quarter, reflecting a 12% increase in CMG’s revenue and a 35% contribution from BHV; Operating profit decreased to $5.7 million, a decrease of 42% from the same period of the previous fiscal year, primarily due to an increase in stock-based compensation in the quarter as a result of the increase...

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DIRTT Reports Second Quarter 2024 Financial Results

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and six months ended June 30, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Second Quarter 2024 HighlightsRevenue of $41.2 million in the second quarter of 2024, a decrease of 8% from the prior year period. Gross profit increased to $15.4 million or 37.3% of revenue in the second quarter of 2024 from $14.6 million or 32.5% of revenue in the second quarter of 2023. Net income after tax and net income margin for the second quarter of 2024 of $0.6 million and 1.4%, respectively, compared to net income after tax of...

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