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Day: April 23, 2025

Aecon reports first quarter 2025 results with record backlog of $9.7 billion

TORONTO, April 23, 2025 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the first quarter of 2025. “With record backlog of $9.7 billion, contributions from strategic acquisitions, solid recurring revenue, and a strong bid pipeline, revenue in 2025 is expected to be stronger than 2024,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. “Aecon continues to maintain a disciplined capital allocation approach to deliver long-term shareholder value through acquisitions and divestitures, organic growth, dividends, capital investments, and common share buybacks on an opportunistic basis.” HIGHLIGHTSAll quarterly financial information contained in this news release is unaudited.Revenue for the three months ended March 31, 2025 of $1,062 million was...

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Heimar hf.: Heimar Signs Share Purchase Agreement for Gróska

Heimar hf. (“Heimar” or the “Company”) has today signed an agreement to acquire all shares in Gróska ehf. (“Gróska”) and Gróðurhúsið ehf. (“Gróðurhúsið”) (the “Transaction”).  Gróska owns the property Gróska at Bjargargata 1, 102 Reykjavík – an innovation hub and one of Iceland’s largest and most ambitious office buildings. The property comprises approximately 18,600 m², plus a 6,200 m² underground parking garage with 205 spaces, totaling approximately 24,800 m². Gróðurhúsið operates an incubator and coworking facilities within the premises.  Among the tenants in Gróska are the game developer CCP, the U.S. software company NetApp, the Science Park of the University of Iceland, World Class, and numerous other companies at the forefront of Icelandic innovation. The diversity of tenants contributes to a vibrant community within the building,...

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Ninepoint Partners Announces April 2025 Cash Distributions for ETF Series Securities

TORONTO, April 23, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the April 2025 cash distributions for its ETF Series securities. The record date for the distributions is April 30, 2025. All distributions are payable on May 7, 2025. The per-unit April 2025 distributions are detailed below:Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIPNinepoint Diversified Bond Fund NBND $0.03567 $0.00000 65443H100Ninepoint Alternative Credit Opportunities Fund NACO $0.05902 $0.00000 65443Q100Ninepoint Energy Income Fund NRGI $0.10815 $0.00000 65444A104Ninepoint Target Income Fund TIF $0.08306 $0.00000 65446C108About Ninepoint Partners Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing...

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Uniti Appoints John Harrobin President of Kinetic

Industry Veteran to Accelerate Insurgent Fiber Growth LITTLE ROCK, Ark., April 23, 2025 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its appointment of John Harrobin as President of Kinetic, effective following the successful close of Uniti’s merger with Windstream Holdings II, LLC (“Windstream”), which the Company continues to expect will be in the second half of 2025. Mr. Harrobin will have operational, go-to-market, and financial responsibilities for one of the largest remaining independent fiber-to-the-home platforms in the country. Harrobin most recently served as Executive Vice President, Consumer, at Frontier Communications, where he led a $3 billion business unit, returning it to customer, revenue and profit growth. “John is an exceptional leader, and we have long admired...

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Brag House Provides Update on Status of Form 10-K Filing and Reiterates Commitment to SEC Compliance Obligations

NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH), a pioneering media-tech platform at the intersection of gaming, college sports, and social interaction, continues to diligently work on its Form 10-K for the fiscal year-ended December 31, 2024 following the successful completion of its initial public offering in March 2025 and intends to file the 2024 Form 10-K in the coming days. Given the recency of our initial public offering, we needed additional time to complete certain disclosures and analyses to be included in the 2024 Form 10-K. As anticipated, we received a notice from the Nasdaq Stock Market on April 17, 2025 notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s...

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CSX Adds 18 Rail Served Properties Across 12 States to Select Site Program

JACKSONVILLE, Fla., April 23, 2025 (GLOBE NEWSWIRE) — CSX Corporation (NASDAQ: CSX) today announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Eighteen sites across 12 states have earned a gold, silver, or bronze rating based on an evaluation of a wide range of site characteristics. CSX worked with more than 29 communities to gather information and identify top candidates for the Select Site program, which connects expanding companies with highly desirable rail-served properties. “Each Select Site reflects months of collaboration with landowners, counties, and utility partners that now represent a significant opportunity for economic growth,” said Kellen Riley, CSX Senior Director of Industrial Development. “By bringing these sites to market with...

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Alta Equipment Group Announces Date of First Quarter 2025 Financial Results Release, Conference Call and Webcast

LIVONIA, Mich., April 23, 2025 (GLOBE NEWSWIRE) — Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the first quarter ended March 31, 2025, after the U.S. markets close on Wednesday, May 7, 2025. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00 p.m. Eastern Time to discuss and answer questions about the Company’s financial results. Prior to the conference call and webcast, Alta will issue a press release and supplementary presentation slides reporting these results on the Investors portion of the Company’s website, https://investors.altaequipment.com. Conference...

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Triller Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

Palm Beach, FL, April 23, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (“Triller”, “Triller Group” or “the Company”) today announced that on April 17, 2025, it received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the period ended December 31, 2024 (the “Filing”). The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). This Notice has no immediate effect on the listing of the Company’s securities on Nasdaq. However, if the Company fails to timely regain compliance with the Rule, the Company’s...

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Greystone Housing Impact Investors LP Schedules First Quarter 2025 Earnings Conference Call for Wednesday, May 7, 2025 at 4:30 p.m. Eastern Time

OMAHA, Neb., April 23, 2025 (GLOBE NEWSWIRE) — Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced today that it will host a conference call for investors on Wednesday, May 7, 2025 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2025 results. For those interested in participating in the question-and-answer session, participants may dial-in toll free at (877) 407-8813. International participants may dial-in at +1 (201) 689-8521. No pin or code number is needed. The call is also being webcast live in listen-only mode. The webcast can be accessed via the Partnership’s website under “Events & Presentations” or via the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=a4hicNZA It is recommended that you join 15 minutes before the conference call...

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ARMOUR Residential REIT, Inc. Announces Q1 Results and March 31, 2025 Financial Position

VERO BEACH, Florida, April 23, 2025 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company’s unaudited Q1 results and March 31, 2025 financial position. ARMOUR’s Q1 2025 ResultsGAAP net income available to common stockholders of $24.3 million or $0.32 per common share. Net interest income of $36.3 million. Distributable Earnings available to common stockholders of $64.6 million, which represents $0.86 per common share (see explanation of this non-GAAP measure on page 5). Average interest income on interest earning assets of 5.00% and interest cost on average interest bearing liabilities of 4.51%. Economic interest income was 4.83% less economic interest expense of 2.95% for an economic net interest spread of 1.88% (see explanation of this non-GAAP...

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