Day: February 12, 2025

CALGARY, Alberta, Feb. 12, 2025 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on acquisition, loss on investments and other assets, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, loss on asset decommissioning, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital...

PANAMA CITY, Feb. 12, 2025 (GLOBE NEWSWIRE) — Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the fourth quarter (4Q24) and the full year 2024. The terms “Copa Holdings” and the “Company” refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the fourth quarter of 2023 (4Q23). OPERATING AND FINANCIAL HIGHLIGHTSCopa Holdings reported a net profit of US$166.2 million or US$3.99 per share for 4Q24. For the full year 2024, the Company reported a net...

TORONTO, Feb. 12, 2025 (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 and year ended December 31, 2024. “Reflecting on our 2024 results, I am pleased with our strong financial and operational performance,” said Mitchell Goldhar, CEO of SmartCentres. “Our net operating income has shown steady and consistent growth through the year fueled by strong leasing momentum in all areas, resulting in an industry-leading 98.7% in-place and committed occupancy rate up from 98.5% in the prior quarter. Same property NOI continued to deliver strong results in the fourth quarter, growing 3.8% from the same period a year earlier. The strong interest stems not only from our CRU and mid-size users,...

All dollar amounts are expressed in Canadian currency (1) Please refer to “Non-IFRS and other financial performance measures” in this press release Q3 FISCAL 2025 HIGHLIGHTSRecord total revenues of $13.3 million, up 65% vs. Q3 2024 Adjusted EBITDA1 of $2.6 million, or Adjusted EBITDA margin of 19% Net profit of $1.5 million D-BOX pays down close to $1 million in long-term debt further strengthening its financial flexibility Year-to-date 2025 cash from operating activities of $5.4 millionMONTREAL, Feb. 12, 2025 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Company”) (TSX: DBO) a world leader in haptic and immersive experiences, today reported financial results for the third quarter ended December 31, 2024. “Since taking on the role of CEO at D-BOX, I have been privileged to work alongside the talented...

Quarterly revenue of $935 million, above the midpoint of guidance Quarterly GAAP net income of $90 million and net income per diluted share of $1.33 Quarterly Adjusted EBITDA of $237 million and Non-GAAP net earnings per diluted share of $2.15, above the midpoint of guidanceANDOVER, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported fourth quarter and full year 2024 financial results. “MKS delivered revenue and adjusted EBITDA above the midpoint of our outlook, closing out 2024 on an impressive note against a mixed demand backdrop,” said John T.C. Lee, President and Chief Executive Officer. “Our broad and deep technology portfolio serving an array of semiconductor, electronics and industrial applications enables us...

GREELEY, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world’s leading food companies, reports its fourth quarter and year-end 2024 financial results. 2024 HighlightsNet Sales of $17.9 billion. Consolidated GAAP Operating Income margin of 8.4%. GAAP Net Income of $1.1 billion and GAAP EPS of $4.57. Adjusted Net Income of $1.3 billion, or Adjusted EPS of $5.42. Adjusted EBITDA of $2.2 billion, or a 12.4% margin, with Adjusted EBITDA margins of 14.7% in the U.S., 7.9% in Europe, and 11.8% in Mexico. The U.S. Fresh portfolio continued to benefit from strong chicken demand and execution of the company’s strategies. Pilgrim’s continued to progress in operational excellence, while its diversified portfolio across bird sizes and differentiated offerings captured benefits from above...

ARCHBOLD, Ohio, Feb. 12, 2025 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 fourth quarter and twelve months ended December 31, 2024. 2024 Fourth Quarter Financial and Operating Highlights (on a year-over-year basis unless noted):87 consecutive quarters of profitability Net income increased 51.2% to $8.4 million, or $0.61 per basic and diluted share, from $5.5 million, or $0.41 per basic and diluted share Asset quality remains at historically strong levels with nonperforming loans of only $3.1 million at December 31, 2024, compared to $22.4 million at December 31, 2023 Net charge-offs to average loans were 0.00% Allowance for credit losses was 826.70% of nonperforming loans Tier 1 leverage ratio was 8.12% Net interest margin increased 27 basis points to...

Delivered record revenue for both Q4 and full year 2024 Organic revenue growth accelerated sequentially each quarter in 2024 Closed more than $1 billion of new business wins for the second consecutive year; won largest-ever contract, of $2.5 billion lifetime value, in health sciences Announced 2025 guidance:Organic revenue growth of 3% – 6% Adjusted EBITDA of $840 million – $860 million Adjusted diluted EPS of $2.40 – $2.60 Adjusted EBITDA to free cash flow conversion of 25% to 35%GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) today announced results for the fourth quarter and full year 2024. Malcolm Wilson, Chief Executive Officer of GXO, said, “In 2024, GXO delivered record revenue and adjusted EBITDA, and drove strong operating return on invested capital. We also accelerated...