Globe Newswire

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three months ended March 31, 2024. This press release should be read in conjunction with the Company’s management’s discussion and analysis (“MD&A”) and interim consolidated financial statements for the three months ended March 31, 2024, which are available on the Company’s website at ... (continue reading...)

Amounts in US$ unless otherwise noted

• Record quarterly net revenue of US$262.5 million driving record adjusted EPS of US$0.27 and adjusted free cash flow per share of US$0.35
• Solid net revenue growth of 16.8% led by continued strength in services revenue
• Strong performance enables continued investment in our business for our clients while maintaining solid adjusted operating margins
• Management remains confident in its ability to meet, or potentially exceed, the upper end... (continue reading...)

• Posted adjusted EBITDA of $25.8 million for the first quarter of 2024
• Net cash positive for the first time in the Company’s history; all-time low gross debt of $81 million
• Initiated a quarterly cash dividend of $0.013 per share, paid on March 28, 2024; announcing a second quarter dividend of $0.013 per share, payable on June 27
• Board approved stock buyback program; shareholder vote to approve buyback scheduled for June 2024 AGM
• Successfully restarted French operations on... (continue reading...)

MONTRÉAL, May 14, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company), one of the top ten global dairy processors, today announced its plan for executive leadership succession. Lino A. Saputo, Chair of the Board, President, and CEO, indicated to the Board of Directors his intention to transition from President and CEO to a role of Executive Chair of the Board. In this capacity, Mr. Saputo will continue to provide invaluable oversight of the... (continue reading...)

SALINAS, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California cannabis company with advanced distribution and production capabilities including extraction, manufacturing, sales and brand management, announces unaudited revenue and operating results for the first quarter of 2024 (ended March 31, 2024). All figures stated are in US Dollars.

First Quarter Financial Highlights:

• Net revenue... (continue reading...)