Month: August 2024

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended June 30, 2024 (the “quarter”) and the six months ended June 30, 2024 (“YTD”). HIGHLIGHTSRoyalty Pool Sales(1) up 2.3% to $175.2M for the quarter and down 1.8% to $356.4M YTD Keg Restaurants Ltd. (“KRL”) Average Sales per Operating Week(1) up 2.3% to $128,000 for the quarter and down 1.2% to $131,000 YTD Same Store Sales(1) up 1.7% for the quarter and down 1.9% YTD Distributable Cash(1) down 4.3% to $0.282/Fund unit for the quarter and up 8.9% to $0.691/Fund unit YTD Special cash distribution of $0.08/Fund unit paid on January 31, 2024Payout Ratio(2) was 100.8%...

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) today reported its Q2 2024 financial results and provided a corporate update. The Company’s financial statements and management’s discussion and analysis for the three and six months ended June 30, 2024, are available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted. CEO Commentary “We are extremely pleased to report on the significant progress we have made on the execution of our strategic priorities in Q2, 2024. On the back of positive market fundamentals, the Company continues to report strong operational and financial performance,” said David Delaney. “Execution of the H1/NDR project continues, on time and on budget, as we derisk...

LAVAL, Québec, Aug. 07, 2024 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce its results for the second quarter of 2024. Highlights – Q2 2024 compared to Q2 2023Revenue was $221.3M, compared to $198.4M in 2023, an increase of 11.6% mainly due to organic growth of 11.5% and a positive foreign exchange impact of 1.1%, partially offset by the divestitures of Van-Action and Freedom Motors.Accessibility organic growth stood at 15.4%, including growth of 15.4% coming from North America and 15.3% from Europe. Patient Care organic revenue contracted by 0.9%.Gross profit was $83.0M, up $15.9M or 23.6%, representing 37.5% of revenue, an increase of 370 bps compared to 33.8% in Q2 2023. Operating income was $22.6M, up $6.4M or 39.3%, representing...

NORWOOD, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2024. “With the first half of the year in the books, I’m pleased to say we remain on track to deliver our 2024 financial targets,” said Jon Levine, Chief Executive Officer. “Revenue growth in the second quarter of 2024 was very strong both year-over-year and sequentially, led by another tremendous quarter for our wholesale business. Our retail business also turned the corner, with a 24% increase in transactions year-over-year. While we continue to navigate the growth phase of our life cycle, and our results reflect a corresponding drag on margins and cash flow,...

Raises full-year 2024 total and oil production forecast Increases estimated sub-$50 WTI breakeven locations by ~45% TULSA, OK, Aug. 07, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today reported second-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company’s website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, August 8, 2024. Participation details can be found within this release. Second-Quarter 2024 HighlightsDelivered Company-record quarterly total and oil production, producing 129.4 thousand barrels of oil equivalent per day (“MBOE/d”) and 59.2 thousand barrels of oil per day (“MBO/d”), respectively Reported capital investments...

Quarterly revenue of $887 million, at the high end of guidance Quarterly GAAP net income of $23 million and net income per share of $0.33 Quarterly Adjusted EBITDA of $228 million and Non-GAAP net earnings per diluted share of $1.53, exceeding the high-end of guidanceANDOVER, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported second quarter 2024 financial results. “Our continued execution, especially in our Semiconductor and Electronics & Packaging markets, drove strong financial results in the second quarter. Revenues of $887 million were at the high end of our guidance while Adjusted EBITDA exceeded the upper end of that same guidance,” said John T.C. Lee, President and Chief Executive Officer. “As a critical...

RECORD ADJUSTED EBITDA OF $122 MILLION ES AND EI BACKLOG STABLE AT $1.3 BILLION AND $1.6 BILLION, RESPECTIVELY, PROVIDING STRONG OPERATIONAL VISIBILITY BANK-ADJUSTED NET DEBT-TO-EBITDA RATIO OF 2.2X AT THE END OF Q2/24, ON TRACK TO REACH LEVERAGE FRAMEWORK TARGET OF 1.5X TO 2.0X FULL-YEAR 2024 CAPITAL SPENDING EXPECTED TO BE AT THE LOW END OF $90 TO $110 MILLION GUIDANCE RANGE CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three and six months ended June 30, 2024. All amounts presented are in U.S. Dollars (“USD”) unless otherwise stated. Q2/24 FINANCIAL AND OPERATIONAL OVERVIEW         Generated revenue of $614 million compared to $579 million in Q2/23 and $638 million in Q1/24.Higher revenue...

Second Quarter 2024 Highlights:Gross revenues of $27.6 million for the quarter, up 1% versus the prior year period Operating income of $8.1 million for the quarter, down 2% versus the prior year period Operating profit margin of 30.4%, versus 31.4% for the prior year period Net income of $6.7 million, down 3% versus the prior year period, and quarterly diluted GAAP EPS of $0.56, down 2% Total cash returned to shareholders during the quarter of $2.2 million in the form of dividends Announcing third quarter 2024 dividend of $0.18 per share 569 OTCQX® and 1,085 OTCQB® companies at quarter end 12 graduates to a national securities exchange during the quarter 114 subscribers to OTC Link ECN as of June 30, 2024, up 10 versus June 30, 2023 Approximately 35,000 average daily trades during the quarter versus approximately 32,000 during the prior...

LAFAYETTE, La., Aug. 07, 2024 (GLOBE NEWSWIRE) — Viemed Healthcare, Inc. (the “Company” or “Viemed”) (NASDAQ:VMD), a national leader in respiratory care and technology-enabled home medical equipment services, announced today that it has reported its financial results for the three and six months ended June 30, 2024. Operational highlights (all dollar amounts are USD):Net revenues for the quarter ended June 30, 2024 reached a new Company record of $55.0 million, representing an increase of $11.7 million, or 27%, over net revenues reported for the comparable quarter ended June 30, 2023. This represents 9% sequential growth in revenue over the first quarter ended March 31, 2024.Net income for the quarter ended June 30, 2024 totaled $1.5 million. Adjusted EBITDA for the quarter ended June 30, 2024 totaled $12.8 million, a 31%...