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Day: May 7, 2025

Osisko Reports Q1 2025 Results

Strong Cash Flows of $46.1 Million from Operating Activities MONTRÉAL, May 07, 2025 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the first quarter of 2025. Amounts presented are in United States dollars, except where otherwise noted. Highlights19,014 gold equivalent ounces (“GEOs”1) earned (22,259 GEOs in Q1 20242);  Revenues from royalties and streams of $54.9 million ($45.0 million in Q1 2024);  Cash flows generated by operating activities of $46.1 million ($37.4 million in Q1 2024);  Quarterly cash margin3 of $53.3 million or 97.1% ($43.7 million or 97.0% in Q1 2024);  Net earnings of $25.6 million, $0.14 per basic share ($11.2 million, $0.06 per basic share in Q1 2024);  Adjusted earnings3 of $29.5 million, $0.16 per...

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Ring Energy Announces First Quarter 2025 Results and Provides Updated 2025 Outlook

THE WOODLANDS, Texas, May 07, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for first quarter 2025 and provided updated guidance for the second half of the year. First Quarter 2025 HighlightsSold 12,074 barrels of oil per day (“Bo/d”) (> high end of guidance) and 18,392 barrels of oil equivalent per day (“Boe/d”) (> mid point of guidance); Reported net income of $9.1 million, or $0.05 per diluted share, and Adjusted Net Income1 of $10.7 million, or $0.05 per diluted share; Recorded Adjusted EBITDA1 of $46.4 million and Lease Operating Expense (“LOE”) of $11.89 per Boe (< mid point of guidance); Invested $32.5 million in capital expenditures (within guidance, excluding acquisitions) that was 14% lower than 4Q 2024 Generated Adjusted Cash...

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Kneat Announces Record Revenue for First Quarter 2025

LIMERICK, Ireland, May 07, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, today announced financial results for the three months ended March 31, 2025. All dollar amounts are presented in Canadian dollars unless otherwise stated.Total revenue reaches $14.7 million in the first quarter, an increase of 37% year over year Annual Recurring Revenue (ARR)1 at March 31, 2025, reaches $63.5 million, an increase of 51% year over year Gross profit and operating expense grow 38% and 21% respectively year over year as progress toward profitability continues“Kneat is off to a solid start in 2025, both in terms of continued strong growth and progress toward profitability.  We are encouraged by our customers’ continued intention...

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Q1 2025 Financial Results

Flutter Entertainment Reports First Quarter 2025 Financial Results DUBLIN and TORONTO and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world’s leading online sports betting and iGaming operator, announces Q1 results, and updates 2025 guidance. A letter to shareholders has also been published on the Group’s website at www.flutter.com/investors Key financial highlights:In $ millions except where stated otherwise Three months ended March 31,2025 2024 YOY       Average monthly players (AMPs) (‘000s)1 14,880 13,722 +8%Revenue 3,665 3,397 +8%Net income (loss) 335 (177) +289%Net income (loss) margin 9.1% (5.2)% +1,440bpsAdjusted EBITDA2 616 514 +20%Adjusted EBITDA margin2 16.8% 15.1% +170bpsEarnings (loss) per share ($) 1.57 (1.10) +243%Adjusted...

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CEMATRIX Announces 2025 First Quarter Financial Results

CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company“) a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announced the release of its consolidated financial results for the quarter ended March 31, 2025. “Our first quarter revenues were $6.6 million versus $8.4 million last year. This level of activity was consistent with our expectations and prior communications to the market,” said Randy Boomhour, President and CEO of CEMATRIX. “During these slower periods our crews focus on equipment maintenance to ensure that we are ready for the start of the spring construction season and our sales teams is focused on winning new...

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Savaria Presents its Strongest Q1 on Record

LAVAL, Québec, May 07, 2025 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce its results for the first quarter of 2025. Highlights – Q1 2025 compared to Q1 2024Revenue was $220.2M, up $10.8M or 5.2%, mainly due to a positive foreign exchange impact of 3.3%, and organic growth of 0.8%. The revenue benefited from the contribution of Matot acquired last year.Accessibility experienced growth of 6.1%, including growth of 11.8% coming from North America and partially offset by a contraction of 2.8% in Europe. Patient Care achieved revenue growth of 2.1%.Gross profit was $83.3M, up $7.9M or 10.4%, representing 37.8% of revenue, an increase of 180 bps compared to 36.0% in Q1 2024. Operating income was $21.2M, up $3.5M or 19.8%, representing...

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Itafos Reports Outstanding Operational and Financial Q1 2025 Results

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) today reported its Q1 2025 financial results and provided a corporate update. The Company’s financial statements and management’s discussion and analysis for the three months ended March 31, 2025 are available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted. CEO Commentary Chief Executive Officer David Delaney commented, “the Company recorded another outstanding quarter from an operational perspective, with production volumes exceeding prior year levels at both Conda and Arraias. This was achieved without incurring a recordable incident at the Company. Our continued emphasis on safety and operational efficiency directly led to another...

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AirBoss Reports 1st Quarter 2025 Results

NEWMARKET, Ontario, May 07, 2025 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced its first quarter 2025 results. The Company’s annual general meeting will be held on Thursday, May 8th at 9:30 am (EDT). Along with the formal portion of the meeting, management will provide a presentation including a discussion of Q1 2025 results. The meeting will be accessible in person, via live webcast or by dialing into the number provided later in this release. All dollar amounts are shown in thousands of United States dollars (“US $” or “$”), except per share amounts, unless otherwise noted. Recent HighlightsEBITDA in the first quarter of 2025 (“Q1 2025”) increased by $3.7 million to $8.0 million compared to $4.3 million in the first quarter of...

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Mandalay Resources Strengthens Financial Position in Q1 2025 With Strong Profit Growth and US$88 Million Cash

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce financial results for the first quarter ended March 31, 2025. The Company reported a robust year-over-year 41% increase in revenue to $78.1 million, along with improvements to net income. The Company’s condensed and consolidated interim financial result for the quarter ended March 31, 2025, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated. First Quarter 2025 Highlights:Strengthened Balance Sheet:...

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NN, Inc. Reports First Quarter 2025 Results

Company reaffirms full-year adjusted EBITDA 2025 outlook and five-year sales and margin targets Company initiates full-year 2025 free cash flow guidance of $14-$16 million CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR) (“NN” or the “Company”), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported results for the first quarter ended March 31, 2025. First Quarter HighlightsNet sales of $105.7 million, decreased by 12.8% versus the prior year first quarter. Pro forma net sales, adjusted for the sale of Lubbock, rationalized business, and currency translation, decreased by 1.3% compared to the prior year first quarter.Strong China domestic sales growth continues, up by 12.5% versus the prior year first quarter. NN does not directly...

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