Year: 2024

VitalHub Reports Third Quarter 2024 Results

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

Annual Recurring Revenue (ARR) ⁽¹⁻²⁾ up 25% YoY to $53.5 million Total Revenue up 25% YoY to $16.5 million Adjusted EBITDA ⁽²⁾ up 33% YoY to $4.6 million TORONTO, Nov. 13, 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 nine months ended September 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 strong third quarter 2024 results, continuing our path of driving stable revenue and cash flow growth,” said Dan Matlow, CEO of VitalHub. “Financial highlights include $16.5 million of revenue, 28% adjusted EBITDA ⁽²⁾ margin, and $1.1...

Supply Chain Management Software Market to Reach USD 20.07 Billion by 2031 | SkyQuest Technology

Written by Customer Service on November 14, 2024. Posted in Mergers And Acquisitions.

The adoption of SCM software in various industries and organizations is increasing as it can effectively monitor the collection of raw materials, goods or any materials thus improving market growth. Westford, USA, Nov. 13, 2024 (GLOBE NEWSWIRE) — Supply Chain Management Software Market size was valued at USD 18.76 billion in 2023 to USD 20.07 billion by 2031, growing at a CAGR of 4.20% during the forecast period (2024-2031). The supply chain management software market comprises technologies and tools that help manage and optimize supply chain operations. The market is driven by the growing demand for transparency, efficiency, and cost-cutting in supply chains. The market is progressing on the back of the integration of technologies like ML and AI, the growing adoption of cloud-based solutions, and the emphasis on sustainability. Request...

CPI Aerostructures Reports Third Quarter and Nine Month 2024 Results

Written by Customer Service on November 14, 2024. Posted in Public Companies.

Third Quarter 2024 vs. Third Quarter 2023Revenue of $19.4 million compared to $20.4 million; Gross profit of $4.2 million compared to $3.7 million; Gross margin of 21.7% compared to 18.2%; Net income of $0.7 million compared to $0.3 million; Earnings per diluted share of $0.06 compared to $0.02; Adjusted EBITDA (1) of $1.7 million compared to $1.4 million; Cash flow provided by operating activities of $0.7 million compared to $0.0 million.Nine Months 2024 vs. Nine Months 2023Revenue of $59.3 million compared to $63.0 million; Gross profit of $12.9 million compared to $13.0 million; Gross margin of 21.7% compared to 20.6%; Net income of $2.3 million compared to $2.4 million; Earnings per diluted share of $0.18 compared to $0.19; Adjusted EBITDA (1) of $5.5 million compared to $5.8 million; Cash flow used in operations of $(0.8) million...

Liberty Gold Reports Q3 2024 Financial and Operating Results

Written by Customer Service on November 13, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 13, 2024 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. All amounts are presented in United States dollars unless otherwise stated. THIRD QUARTER OF 2024 AND RECENT HIGHLIGHTSOn October 7, 2024, we announced the close of the sale of the TV Tower project in northwest Türkiye (“TV Tower”), through the sale of our 73.7% owned subsidiary Orta Truva Madencilik Şanayi ve Ticaret A.Ş (“Orta Truva”) to a major Turkish mining and construction company. The first of three staged consideration payments of $3.7 million was received on October 4, 2024. Our share of the remainder of the gross proceeds will be paid in two further stages...

SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2024

Written by Customer Service on November 13, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”, the “Trust” or the “REIT”) (TSX: SRU.UN) is pleased to report its financial and operating results for the quarter ended September 30, 2024. “Building on a successful first half of the year, retail fundamentals are outperforming, driven by strong momentum in leasing demand and executed lease deals for both existing space and for new build space,” said Mitchell Goldhar, CEO of SmartCentres. “We are seeing it in the higher quality of our income, strong same property NOI and higher spreads on lease extensions. We renewed and extended lease maturities in 2024 at strong rental growth rates of 6.1%, or 8.9%, excluding anchors. In-place and committed occupancy has increased again this quarter to an industry leading 98.5%, with approximately...

Northland Power Reports Third Quarter 2024 Results

Written by Customer Service on November 13, 2024. Posted in Earnings Releases And Operating Results.

Baltic Power, Hai Long and Oneida projects continue to make construction progress TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) reported today financial results for the three and nine months ended September 30, 2024. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Northland’s third quarter results were negatively impacted by the Gemini cable outage and lower offshore wind production but on a full year basis Northland continues to remain on track to achieve our full year guidance, given the strong performance in the first half of the year,” said John Brace, Northland’s Interim President and CEO. “We continue to make progress on our three construction projects in Taiwan, Poland and Canada. Following the regrettable safety...

Western Metallica Announces Closing of Private Placement to Advance Peruvian Copper Project

Written by Customer Service on November 13, 2024. Posted in Public Companies.

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — Western Metallica Resources Corp. (TSXV: WMS) (“Western Metallica” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement financing of units of the Company (the “Offering”), pursuant to which the Company issued 10,833,345 units of the Company (each a “Unit” and collectively, the “Units”) at a price of $0.03 per Unit for gross proceeds of $325,000 (all dollar figures are denominated in Canadian dollars). Each Unit consists of one common share of the Company (each, a “Common Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to acquire one additional Common Share at an exercise price...

DiagnaMed Announces Stock Option Grants and Shares for Debt Settlement

Written by Customer Service on November 13, 2024. Posted in Public Companies.

TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — DiagnaMed Holdings Corp. (“DiagnaMed” or the “Company”) (CSE: DMED) (OTCQB: DGNMF), a life sciences company focused on molecular hydrogen and AI diagnostics, announces that it has granted an aggregate of 4,500,000 stock options (“Options“) to its directors, officers and consultants at a price of $0.05 per common share, expiring five years from the date of grant and vest one-fourth increments with the first batch being released on the three-month anniversary and the remaining three quarters vesting equally on the six-month, nine-month, and twelve-month anniversary of the date of grant. Each Option is exercisable to purchase one Common Share. The Company also announces that its board of directors has approved the settlement of an aggregate of $67,800 of amount owing to an arm’s...

L Catterton Agrees to Sell $100 Million of Shares Back to ODDITY

Written by Customer Service on November 13, 2024. Posted in Public Companies.

NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) — ODDITY Tech Ltd. (NASDAQ: ODD) today announced that it has entered into a transaction with a fund managed by L Catterton (“L Catterton”) to repurchase approximately 2.35 million Class A Ordinary Shares (the “Shares”) of the Company for a total cash consideration of approximately $100 million, at a purchase price of $42.501 per share. The transaction will be funded from the Company’s existing cash resources. ODDITY’s board of directors determined that the repurchase is in the best interest of the Company given the significant strength of the Company’s balance sheet and the prevailing circumstances. The transaction is independent of the Company’s standing share buyback plan—announced on June 7, 2024, and authorizing the Company to purchase up to $150 million of the Company’s shares over...

Heritage Commerce Corp Announces Chief Financial Officer Succession

Written by Customer Service on November 13, 2024. Posted in Public Companies.

Lawrence D. McGovern to Depart Company in February 2025; Thomas A. Sa to Serve as Interim Chief Financial Officer SAN JOSE, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), (“Company”), the holding company for Heritage Bank of Commerce (“Bank”), today announced that Executive Vice President and Chief Financial Officer Lawrence D. McGovern is expected to depart the Company in February 2025. Thomas A. Sa, who currently serves as the Chief Operating Officer for the Company and the Bank, will assume the duties of Chief Financial Officer on an interim basis beginning November 18, 2024, while the Company and the Bank complete a search for Mr. McGovern’s permanent replacement. Mr. McGovern will continue with the Company in a transitional role during this period, which is expected to continue until mid-February...

Year: 2024

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