Day: November 5, 2024

Alaris Equity Partners Income Trust Releases 2024 Third Quarter Financial Results

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. TSX-AD.UN CALGARY, Alberta, Nov. 05, 2024 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three and nine months ended September 30, 2024. The results are prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board. All amounts below are in Canadian dollars unless otherwise noted. In January 2024, Alaris determined that it met the definition of an investment entity, as defined by IFRS 10, Consolidated financial statements. This change in status has fundamentally changed how Alaris prepares, presents and...

PHX Energy Announces Third Quarter Results and Preliminary 2025 Capital Expenditures Program

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Nov. 05, 2024 (GLOBE NEWSWIRE) — Third Quarter HighlightsDespite the continued softening in the US rig count in the third quarter of 2024, PHX Energy generated consolidated revenue of $160.6 million, only 5 percent lower than the record third quarter consolidated revenue of $169.4 million generated in 2023. Consolidated revenue in the 2024-quarter included $10.2 million of motor rental revenue and $2 million of revenue generated from the sale of motor equipment and parts (2023 – $13.2 million and $6.2 million, respectively).For the three-month period ended September 30, 2024, PHX Energy’s US division generated revenue of $117 million, 6 percent lower than the $123.8 million in the 2023-quarter and marginally higher than the $116 million in the second quarter of 2024. The decline in US quarterly revenue...

Swiss Water Reports Third Quarter Results

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 05, 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 nine months ended September 30, 2024. Third Quarter Financial and Operational HighlightsTotal sales volumes increased by 27% in the third quarter and by 4% for the year-to-date, when compared to the same periods last year. The year-over-year differences were expected, as the volumes reported in Q3 last year were lower than normal due to the capacity constraints experienced during the period as Swiss Water exited its legacy production facility in Burnaby BC and consolidated all operations in Delta. BC. Third quarter gross profit was $6.4 million, up by $2.9 million,...

Calibre Reports Q3 and Year-To-Date 2024 Financial Results as the Multi-Million Ounce Valentine Gold Mine Progresses to Construction Completion in Canada

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

Calibre Mining Corp.Installation of the Primary Crusher – September 2024VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months (“Q3”) and nine months (“YTD”) ended September 30, 2024. Consolidated Q3 and YTD 2024 filings can be found at www.sedarplus.ca and on the Company’s website at www.calibremining.com. All figures are expressed in U.S. dollars unless otherwise stated. Darren Hall, President and Chief Executive Officer of Calibre, stated: “As previously reported, the Company delivered 46,076 ounces in the quarter and 166,200 ounces year to date. Consolidated Q4 production is expected to be the strongest of the year, delivering 70,000 – 80,000 ounces, driven by Nicaragua’s...

Hut 8 Operations Update for October 2024

Written by Customer Service on November 5, 2024. Posted in Public Companies.

20.1 EH/s and 967 MW under management in mining with path to ~35 EH/s Vega site buildout advancing on track for Q2 2025 energization MIAMI, Nov. 05, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today released its operations update for October 2024. “Following the announcement of our partnership with BITMAIN to launch the U3S21EXPH with a 15 EH/s hosting deployment, progress continues on our 205-megawatt Vega site, which will feature the custom rack-based architecture we developed in-house for the project,” said Asher Genoot, CEO of Hut 8. “With groundwork progressing rapidly, we are on track to energize the site in Q2 2025. Our hosting agreement with BITMAIN...

Tree Island Steel Announces Third Quarter 2024 Results

Written by Customer Service on November 5, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) — Tree Island Steel (”Tree Island” or the ”Company”) (TSX: TSL) announced today its financial results for the three months ended September 30, 2024. For the three-month period ended September 30, 2024, revenues, net of freight and distribution costs, decreased by $1.8 million to $51.6 million, compared to $53.4 million in 2023. Gross profit for the quarter decreased to $2.1 million, from $6.0 million in the same period in 2023. Adjusted EBITDA amounted to $6 thousand, compared to $4.1 million during the same period in 2023. The largest drivers for the decreased earnings are the lower average selling prices and reduced spreads between selling prices and raw material costs. This was due to competitive pricing pressures across our market segments but...

Stingray Reports Second Quarter Results for Fiscal 2025

Written by Customer Service on November 5, 2024. Posted in Public Companies.

Broadcast and Commercial Music Revenues Achieve Fourth Consecutive Quarter of Double-Digit Organic GrowthOrganic growth of 15.6% year-over-year in Broadcast and Recurring Commercial Music Revenues largely driven by FAST channel sales; Revenues increased 13.4% to $93.6 million in the second quarter of fiscal 2025 from $82.5 million in the second quarter of 2024; Adjusted EBITDA(1) grew 15.2% to $34.0 million in the second quarter of 2025 from $29.5 million in the second quarter of 2024. Adjusted EBITDA by segment was $25.0 million or 41.0% of revenues for Broadcasting and Commercial Music, $11.0 million or 33.7% of revenues for Radio, and $(2.0) million for Corporate; Net income decreased to $5.8 million, or $0.08 per share, in the second quarter of 2025 from $9.4 million, or $0.14 per share, in the second quarter of 2024; Adjusted Net...

McEwen Mining: Q3 2024 Results

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today released its financial and operational results for the third quarter ended September 30, 2024 (“Q3”). The Company achieved significant improvements in revenue and operating profitability, driven by higher gold prices and strong production. The results reflect McEwen Mining’s ongoing commitment to expanding gold and silver production, advancing its large copper project and robust investment in exploration programs. Financial Highlights (Q3 2024 vs Q3 2023)Revenue increased 36% to $52.3 million due to higher realized gold prices and an increase in gold equivalent ounces (GEOs) produced for our 100%-owned mines. Average gold price sold was $2,499 per ounce in Q3 vs $1,920 in Q3 2023.Gross profit increased 268% to $13.8 million due to higher...

Imperial Reports Third Quarter 2024 Financial Results

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2024. QUARTER HIGHLIGHTS FINANCIAL Adjusted EBITDA increased by $63.7 million to $74.2 million in Q3 2024 compared to $10.5 million in Q3 2023. Total revenue was $146.1 million in the September 2024 quarter compared to $78.5 million in the 2023 comparative quarter. In the September 2024 quarter, the Red Chris mine (100% basis) had 4.0 concentrate shipments (2023-3.4 concentrate shipments). Mount Polley mine had 2.0 concentrate shipments (2023-1.2 concentrate shipments). Variations in revenue are impacted by the increased quantity of concentrate sold, timing and quantity of concentrate shipments, metal prices and exchange rates, and period...

Main Street Financial Services Corp. Announces Earnings for Third Quarter of 2024

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

Business HighlightsFinancial results reflect a full quarter following the completed merger of Main Street Financial Services Corp. (Main Street) and Wayne Savings Bancshares, Inc. (Wayne) on May 31, 2024. Net income for the third quarter of 2024 totaled $3.4 million, or $0.44 per common share Annualized deposit growth of 7.8% for the quarter ended September 30, 2024 Annualized loan growth of 4.6% for the quarter ended September 30, 2024 Announced implementation of Dividend Reinvestment Plan for shareholders on October 3, 2024 Declared cash dividend of $0.14 per share on October 11, 2024WOOSTER, Ohio, Nov. 05, 2024 (GLOBE NEWSWIRE) — Main Street Financial Services Corp. (OTCQX: MSWV), (the “Company”), the holding company parent of Main Street Bank Corp. reported a net income of $3.4 million, or $0.44 per common share, for the...

Day: November 5, 2024

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