Year: 2024

Martinrea International Inc. Reports Solid Third Quarter Results and Declares Dividend

Written by Customer Service on November 12, 2024. Posted in Public Companies.

TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the third quarter ended September 30, 2024, and declared a quarterly cash dividend of $0.05 per share. HIGHLIGHTSThird quarter total sales of $1,237.5 million, production sales of $1,167.3 million. Third quarter Adjusted EBITDA(1) of $154.1 million, 12.5% of total sales. Third quarter Operating Income Margin of 5.3%; Adjusted Operating Income Margin(1) was 5.9% for the nine months ended September 30, 2024. Third quarter Free Cash Flow(1) (excluding principal payments of IFRS-16 lease liabilities) was $57.0 million;...

Astrotech Reports First Quarter of Fiscal Year 2025 Financial Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

AUSTIN, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) — Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the first quarter of fiscal year 2025, which ended September 30, 2024. Financial Highlights & Recent Developments Operating expenses increased $119 thousand or 3.3% as the Company increased its participation in trade events in the U.S. featuring its array of industry-specific solutions offered by its subsidiaries: 1st Detect Corporation (“1st Detect”), AgLab Inc., and Pro-Control, Inc. 1st Detect, which is focused on explosives and narcotics detection, continues to work with several departments within the Department of Homeland Security (“DHS”) to demonstrate and work through their processes for certification, qualification and visibility, including but not limited to the...

CMG Announces the Acquisition of Sharp Reflections GmbH

Written by Customer Service on November 12, 2024. Posted in Public Companies.

Significantly expanding seismic processing and interpretation capabilities with advanced solutions in prestack and 4D seismic analysis CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce the acquisition by a wholly-owned subsidiary of CMG of all of the shares of Sharp Reflections GmbH (“Sharp”), a seismic processing and interpretation platform for geophysicists and quantitative interpreters. Sharp has been a pioneer in leveraging high-performance computing in the cloud, setting a new standard on how to effectively handle massive prestack seismic datasets with advanced visualization, interactivity, and scientific analysis. The platform provides capabilities and workflows that help geophysicists and quantitative seismic interpreters work efficiently...

Computer Modelling Group Announces Second Quarter Results and Quarterly Dividend

Written by Customer Service on November 12, 2024. Posted in Public Companies.

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three and six months ended September 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 second quarter ended September 30, 2024. SECOND QUARTER 2025 CONSOLIDATED HIGHLIGHTS Select financial highlights for the three months ended September 30, 2024Closed the Company’s second major acquisition, Sharp Reflections GmbH (“SR” or “Sharp”), on November 12, 2024; Generated total revenue of $29.5 million in the second quarter of fiscal 2025, compared to $22.6 million in the prior year’s quarter, reflecting a 1% increase in CMG’s revenue and a 29% contribution from BHV; Operating profit increased to $8.4...

Star Equity Reschedules the Release of Third Quarter 2024 Financial Results for November 19th

Written by Customer Service on November 12, 2024. Posted in Public Companies.

OLD GREENWICH, Conn., Nov. 12, 2024 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), (“Star Equity” or the “Company”), a diversified holding company, announced today that it will release its financial results for the third quarter ended September 30, 2024, before the market opens on Tuesday, November 19, 2024. A conference call is scheduled for 10:00 a.m. ET (7:00 a.m. PT) on November 19, 2024, to discuss the results and management’s outlook. The call may be accessed by dialing:Toll Free: 1-833-630-1956 International: 1-412-317-1837A simultaneous webcast of the call may be accessed online from the Events & Presentations link, on the Investor Relations page of the Star Equity website at: https://www.starequity.com/events-and-presentations/presentations. An archived replay of the webcast will be available...

TC Energy 2024 Investor Day event to be webcast

Written by Customer Service on November 12, 2024. Posted in Public Companies.

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 19, 2024. Members of TC Energy’s senior leadership team will demonstrate the Company’s 2025 strategic priorities, long-term strategic outlook and growth objectives. The event will be webcast (video) beginning at 8 a.m. EST (6 a.m. MST). Interested parties may view the webcast available on TC Energy’s website at Investor Day 2024 (tcenergy.com). A copy of the presentation and the webcast, which will be archived and accessible for replay, will be available on the website. About TC EnergyWe’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest...

Prestige Wealth Inc. Announces Acquisition of Tokyo Bay

Written by Customer Service on November 12, 2024. Posted in Mergers And Acquisitions.

HONG KONG, Nov. 12, 2024 (GLOBE NEWSWIRE) — Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on November 12, 2024, it entered into a definitive acquisition agreement pursuant to which PWM will purchase all shares of Tokyo Bay Management Inc. (“Tokyo Bay”), a company incorporated under the laws of the British Virgin Islands. The total purchase price is US$1,500,000, subject to customary closing purchase price adjustments, in the form of 2,500,000 newly issued Class B ordinary shares of the Company at a price per Class B ordinary share of US$0.60 to the seller and key employees of Tokyo Bay. The Company will also grant warrants to purchase 1,875,000 Class A ordinary shares of the Company at an exercise price per share...

Galaxy Gaming® Stockholders Approve Acquisition by Evolution

Written by Customer Service on November 12, 2024. Posted in Mergers And Acquisitions.

LAS VEGAS, Nov. 12, 2024 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc.® (“Galaxy Gaming” or the “Company”) (OTC: GLXZ), the world’s largest independent developer and distributor of casino table games and technology announced today that, at a special meeting of its stockholders held on November 12, 2024 (the “Special Meeting”), Galaxy Gaming stockholders voted to approve the Company’s acquisition by Evolution Malta Holding Limited (“Evolution”), Evolution AB (publ)’s wholly owned subsidiary (the “Merger”). Galaxy Gaming will file a Form 8-K with the U.S. Securities and Exchange Commission reporting the final voting results of the Special Meeting. The transaction is expected to close mid-2025 and is subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, Galaxy Gaming will...

XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

Third Quarter HighlightsRevenue of $35.4 million, decrease of 5.6% year-over-year and increase of 5.5% sequentially Gross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentially Operating profit of $2.5 million, an increase of $2.2 million year-over-year and $3.8 million sequentially Net loss of $2.8 million includes $0.7 million of FX losses, a decrease of $0.1 million year-over-year and $2.0 million sequentially Adjusted EBITDA from continuing operations of $4.8 million, an increase of $2.6 million year-over-year and $3.6 million sequentially Announced plans to divest on-demand printing operationLONDON and SANTA MONICA, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and...

Ottawa Bancorp, Inc. Announces Third Quarter 2024 Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

OTTAWA, Ill., Nov. 12, 2024 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the “Bank”), announced net income of $0.2 million, or $0.08 per basic and diluted common share for the three months ended September 30, 2024, compared to net income of $0.5 million, or $0.20 per basic and diluted common share for the three months ended September 30, 2023. For the nine months ended September 30, 2024, the Company announced net income of $0.3 million, or $0.10 per basic and diluted common share, compared to net income of $1.5 million, or $0.58 per basic and diluted common share for the nine months ended September 30, 2023. The loan portfolio, net of allowance, decreased to $304.2 million as of September 30, 2024 from $312.2 million as of December 31, 2023 as originations of...

Year: 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals