Day: November 7, 2024

CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three and nine months ended September 30, 2024. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where indicated and otherwise noted. Highlights for the three and nine months ended September 30, 2024Adjusted EBITDAX increased 38% and 20% to $85.8 million and $220.1 million for the three and nine months ended September 30, 2024, respectively, compared to $62.1 million and $183.7 million for the same periods in 2023, respectively. The increase is mainly due to a) an increase in realized sales price of natural gas and liquefied natural gas (“LNG”), which averaged $6.69...

MONTRÉAL, Nov. 07, 2024 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the second quarter of fiscal 2025, which ended on September 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 made further progress during the second quarter, both in the execution of our long-term strategy and with the achievement of important milestones related to innovation, efficiency and network optimization,” said Carl Colizza, President and CEO. “Our steady cash generation enabled us to attain a pivotal step within our capital allocation program, as we announce today our intention to make a normal course issuer bid....

GREAT NECK, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) — BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, announced that it has filed its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission. The financial statements and supplemental financial information can be accessed on the Company’s investor relations website under the caption “Financials – Quarterly Results.” BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of September 30, 2024, BRT owns or has interests in 29 multi-family properties with 7,947 units in 11 states. For additional information...

Net Income of $17.3 million, up 122% from a year earlier, Gross Margin of 28.9%, up 4.8% from a year earlier, Diluted Earnings Per Share of $0.75, up $0.41 from a year earlier, Shareholders’ Equity of $42.1 million, up $46.0 million from December 2023 WOOD DALE, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, reported its financial results for the third quarter 2024. Financial Highlights($ in millions, except per share amounts) Quarter Ended    September 30, 2024 September 30, 2023 ChangeNet sales $125.8 $115.9 9%Gross Profit $36.4 $27.9 31%Net Income $17.3 $7.8 122%Diluted Earnings per Share $0.75 $0.34 $0.41Today, Power Solutions International,...

HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company” or “us”) today reported operational and financial results for the third quarter of 2024 and declared a fourth quarter 2024 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net (Loss) Income, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP financial measures below in the accompanying tables under “Non-GAAP Information.” Key highlights for the third quarter of 2024 and through the date of this press release include:Produced 31.0 thousand barrels of oil equivalent per day (“MBoe/d”) (52% liquids) within the Company’s third quarter guidance despite impacts from hurricanes and downtime; Incurred lease operating expenses...

Third Quarter Revenue of $78.0 million, driven primarily by record Interactive revenue, up 40% year-over-year Third Quarter Net Income of $3.4 million Third Quarter Adjusted EBITDA of $30.1 million, up 13% from 2023 and driven by record Interactive Adjusted EBITDA, up 47% year-over-year Appoints James Richardson as new Chief Financial Officer, effective January 1st, 2025NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported financial results for the three-month period ended September 30, 2024. “Our third quarter results demonstrate the resilience of our diversified business model and our ability to successfully execute across our business segments,” said Lorne Weil, Executive...

SANTA CLARA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) — PDF Solutions, Inc. (Nasdaq: PDFS), a leading provider of comprehensive data solutions for the semiconductor and electronics ecosystem, today announced financial results for its third quarter ended September 30, 2024. Financial Highlights of Third Quarter 2024Record analytics revenues of $44.8 million, up 13% over last year’s comparable quarter Record quarterly revenues of $46.4 million, up 10% over last year’s comparable quarter GAAP gross margin of 73% and Non-GAAP gross margin of 77% GAAP diluted earnings per share (EPS) of $0.06 and non-GAAP diluted EPS of $0.25 Backlog of $239.2 million as of September 30, 2024Total revenues for the third quarter of 2024 were $46.4 million, compared to $41.7 million for the second quarter of 2024 and $42.4 million for the third quarter...

Continues to Advance Strategic Plan to Capitalize on Long-Term Growth Opportunities SALT LAKE CITY, Nov. 07, 2024 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Summary vs. Same Year‐Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations)Sales of $67.1 million compared to $81.3 million. Gross margin was 35.0% compared to 33.6%; adjusted gross margin of 37.8% compared to 33.6%. Net loss, which includes the impact of discontinued operations, of $3.2 million, or $(0.08) per diluted share, compared to net loss of $1.3 million, or $(0.03) per diluted share. Loss from continuing...

SAN DIEGO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Cidara Therapeutics, Inc. (Nasdaq: CDTX) (the Company), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) immunotherapies designed to save lives and improve the standard of care for patients facing serious diseases, today reported financial results for the third quarter ended September 30, 2024, and provided an update on its corporate activities and product pipeline. “The recent initiation of our Phase 2b NAVIGATE clinical trial, which will evaluate the efficacy and safety of CD388 for the pre-exposure prophylaxis of seasonal influenza, represents an important clinical achievement for our company,” said Jeffrey Stein, Ph.D., president and chief executive officer of Cidara. “Additionally, the realignment of our organization will ensure...

Remains On Track to Achieve at Least $100 Million of Annualized Savings in 2024 Under TAG Plan Updates Full Year OutlookRICHARDSON, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 28, 2024. Third Quarter SummaryThird quarter worldwide net sales decreased to $288 million, down 16% on both a reported and constant currency basis. The results included six points of negative impact related to the Company’s strategic actions to exit the smartwatch category and optimize its retail store portfolio.Gross margins expanded 240 basis points to 49.4%, primarily reflecting progress under the Company’s Transform and Grow (“TAG”) Plan.Selling, general and administrative (“SG&A”) expenses of $161 million were down 16%...