Month: May 2025

High Wire Networks Reports First Quarter Earnings Revenue Growth and Operating Margin Increases

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

BATAVIA, Ill., May 13, 2025 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, reported results for continuing operations for the three months ended March 31, 2025. All comparisons are to the same year-ago period unless otherwise noted. The following comparative results are from continuing operations following the divestiture of the company’s technology enablement services business on June 27, 2024. The company’s current business segments include Overwatch managed cybersecurity services and SVC telecom services. Q1 2025 Financial HighlightsRevenue from continuing operations in the first quarter of 2025 increased 5% to a record $2.2 million. Overwatch revenue increased by 2%, while revenue from the Company’s SVC telecom services grew 9% over the same quarter last year. Secure...

Freehold Royalties Announces First Quarter 2025 Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces first quarter results for the period ended March 31, 2025. First Quarter 2025 Highlights$91 million in revenue; $68 million in funds from operations ($0.42/share) (1)(3); $44 million in dividends paid ($0.27/share)(2); 10,635 bbls/d of total liquids production, an 8% increase from previous quarter driven by continued execution of our U.S. expansion strategy and heavy oil growth in Canada; 16,248 boe/d of total production, a 6% increase from previous quarter with a 65% weighting to oil and natural gas liquids (NGLs), an increase from 63% in Q1-2024; Gross drilling of 322 wells, up 12% from Q4-2024; Robust leasing with 25 new leases signed (14 in Canada; 11 in the U.S.) contributing $3.9 million in revenue with...

Peyto Reports First Quarter 2025 Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to report operating and financial results for the first quarter of 2025. Q1 2025 Highlights:Peyto reported $225.2 million in funds from operations1,2 (“FFO”), or $1.12/diluted share, and generated $120.2 million of free funds flow3 in the quarter. Strong FFO was driven by a realized natural gas price after hedging of $4.17/Mcf, 89% higher than the AECO 7A monthly benchmark, and the Company’s industry-leading low cash costs4. Earnings for the quarter totaled $114.1 million, or $0.57/diluted share, and Peyto returned $65.7 million as dividends to shareholders. Net debt5 was reduced by $65.7 million from December 31, 2024 to $1.28 billion at the end...

Optiva Inc. Reports First Quarter 2025 Financial Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

All amounts are stated in United States dollars unless otherwise indicatedRevenue of $11.6 million Total Contract Value (“TCV”)(1) bookings of $6.3 million Gross margin of 64% Adjusted EBITDA(1) of $0.5 million EPS loss of $ 0.38 $8.0 million of cashTORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its first quarter financial results for the three-month period ended March 31, 2025. During the first quarter, Optiva was selected by three existing customers for upgrades, renewals and partnership expansions. A customer broadened its current partnership to incorporate Optiva’s latest advanced Application Server and leverage Optiva’s...

SoundThinking Honors Law Enforcement During National Police Week 2025

Written by Customer Service on May 13, 2025. Posted in Public Companies.

Summary: SoundThinking joins the nation in honoring fallen officers and expressing gratitude to all who serve during National Police Week, reaffirming its commitment to the law enforcement community. FREMONT, Calif., May 13, 2025 (GLOBE NEWSWIRE) — SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology provider, joins the nation in honoring the courage, dedication, and sacrifice of law enforcement officers during National Police Week from May 11, 2025 to May 17, 2025. This annual observance offers an opportunity for Americans to remember fallen heroes and express their appreciation to those who continue to serve with integrity. National Police Week is a solemn reminder of the ultimate price paid by officers in the line of duty. According to the National Law Enforcement Memorial Fund, 148 officers lost their lives...

Carbon Streaming Announces Financial Results for the Three Months Ended March 31, 2025

Written by Customer Service on May 13, 2025. Posted in Public Companies.

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the three months ended March 31, 2025. All figures are expressed in United States dollars, unless otherwise indicated. Carbon Streaming Chief Executive Officer Marin Katusa stated: “In the first quarter of 2025, Carbon Streaming made significant progress in reducing costs and improving financial sustainability, while continuing to evaluate strategic alternatives. Ongoing operating expenses have decreased substantially compared to prior years, and by May 2025, the number of individuals at the Company receiving a full-time salary was reduced to three. While we continue to pursue cost reductions, our priority in 2025 is to maximize value from...

Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement of Up to CDN$500,000

Written by Customer Service on May 13, 2025. Posted in Public Companies.

**Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws** CALGARY, Alberta and TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC) (“Magnetic North” or the “Company”) announces that it intends to complete a non-brokered private placement (the “Offering”) consisting of unsecured, interest-bearing promissory notes for gross proceeds of up to ‎CAD$500,000 (the “Offering”). Interest at ten percent (10.0%) plus, under certain circumstances, bonus interest will be payable on the Offering. The Term of the Offering will be sixty (60) days from date of Closing of each tranche. Each promissory note will have a...

The Keg Royalties Income Fund Announces Trustee Election Results for its 2025 Unitholder Meeting

Written by Customer Service on May 13, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce that all of the nominees listed in its information circular dated March 31, 2025 were elected as trustees of the Fund at its annual meeting of unitholders held on May 13, 2025 (the “Meeting”). The results of the voting for each nominee are as follows:NomineeVotes For Votes WithheldNo. % No. %Christopher Charles Woodward 8,173,330 93.26 % 590,798 6.74 %Tim Kerr 8,299,010 94.69 % 465,118 5.31 %In addition, the Fund reports that the appointment of KPMG LLP as the Fund’s auditors for the 2025 fiscal year was passed by a majority of the votes represented at the Meeting. About The Keg Royalties Income Fund The Fund is a limited purpose, open-ended trust established under the...

Capital Power Announces Pricing of US$1.2 Billion of Senior Notes

Written by Customer Service on May 13, 2025. Posted in Public Companies.

EDMONTON, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today the pricing of a private offering of US$700 million aggregate principal amount of 5.257% senior notes due 2028 (the “2028 Notes”) and US$500 million aggregate principal amount of 6.189% senior notes due 2035 (the “2035 Notes” and, collectively, the “Notes”) to be issued by Capital Power (US Holdings) Inc., a U.S. wholly-owned subsidiary of the Company. The Notes will be guaranteed on the issue date by the Company and the Company’s subsidiaries that guarantee the Company’s revolving credit facilities. The offering is expected to close on or about May 28, 2025, subject to customary conditions. The Company intends to use the net proceeds from the offering to fund a portion of the purchase price...

Anteris Announces Results for the First Quarter of 2025

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

MINNEAPOLIS and BRISBANE, Australia, May 13, 2025 (GLOBE NEWSWIRE) — Anteris Technologies Global Corp. (Anteris or the Company) (NASDAQ: AVR, ASX: AVR) a global structural heart company committed to designing, developing, and commercializing cutting-edge medical devices to restore healthy heart function, today reported financial results for the quarter ended March 31, 2025, and provided a corporate update. First Quarter 2025 HighlightsInvestigational Device Exemption (“IDE”) for the DurAVR® THV’s global, pivotal clinical trial (the “PARADIGM Trial”), submitted to the FDA during the First Quarter Scale up for commencement of the PARADIGM Trial ongoing – including expanding the Clinical Specialist Team and contracting with planned centers in the U.S., Canada and Europe Clinical milestone of 100 patients successfully treated with...

Month: May 2025

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