NYSE MKT

Trio-Tech Reports First Quarter Results; Delivers First Dynamic Power Module Test System

Retrieved on: 
Monday, November 13, 2023

Reflecting this decrease, gross margin declined to 25% of revenue compared to 30% of revenue for last year’s first quarter.

Key Points: 
  • Reflecting this decrease, gross margin declined to 25% of revenue compared to 30% of revenue for last year’s first quarter.
  • Net income for the first quarter of fiscal 2024 was $230,000, or $0.05 per diluted share.
  • This compares to net income of $882,000, or $0.21 per diluted share, for the first quarter of fiscal 2023.
  • There were approximately 4,096,680 common shares outstanding at September 30, 2023 and June 30, 2023.

OTC Markets Group Announces Quarterly Index Performance and Rebalancing

Retrieved on: 
Thursday, October 19, 2023

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the third quarter 2023 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.

Key Points: 
  • NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the third quarter 2023 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.
  • The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was down by 5.8% in Q3 2023.
  • The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies was down by 5.9% in Q3 2023.
  • The OTCQX Composite Index, OTCQX Billion+ Index, OTCQX Dividend Index, OTCQX International Index, OTCQX U.S. Index, OTCQX Banks Index, OTCQX Cannabis Index, and OTCQB Venture Index have minimum liquidity screens to ensure tradability.

Trio-Tech Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Wednesday, September 27, 2023

Trio-Tech International (NYSE MKT: TRT) today announced results for the fourth quarter and fiscal year ended June 30, 2023.

Key Points: 
  • Trio-Tech International (NYSE MKT: TRT) today announced results for the fourth quarter and fiscal year ended June 30, 2023.
  • Revenue for the fourth quarter of fiscal 2023 decreased 23.3% to $9,079,000 from $11,834,000 for the fourth quarter of fiscal 2022, reflecting a 52.8% decrease in distribution revenue and a 33.1% decrease in manufacturing revenue.
  • Net income for the fourth quarter of fiscal 2023 was $162,000, or $0.04 per diluted share.
  • Fiscal 2023 gross margin declined slightly to $11,705,000 compared to $11,733,000 for fiscal 2022 and improved to 27.1% of revenue compared to 26.6% of revenue for fiscal 2022.

NexGen to Host 2023 Second Quarter Results and Conference Call

Retrieved on: 
Thursday, August 3, 2023

VANCOUVER, BC, Aug. 3, 2023 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE MKT: NXE) (ASX: NXG) is pleased to announce the release of its second quarter 2023 Financial Statements and Management Discussion & Analysis before market open on Wednesday, August 9, 2023.

Key Points: 
  • VANCOUVER, BC, Aug. 3, 2023 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE MKT: NXE) (ASX: NXG) is pleased to announce the release of its second quarter 2023 Financial Statements and Management Discussion & Analysis before market open on Wednesday, August 9, 2023.
  • NexGen will host its 2023 Second Quarter Conference Call on Thursday, August 10, 2023 at 11:00am Eastern Standard Time, where Chief Executive Officer, Leigh Curyer, and Chief Commercial Officer, Travis McPherson, along with NexGen's Vice President, Finance, Ben Salter, will provide a status update on the advancement of the Rook I Project as well as the uranium market dynamics.
  • Following official remarks, the Company will host a question-and-answer period.

Nasdaq Closing Cross Calculates Russell US Indexes Reconstitution for 20th Consecutive Year

Retrieved on: 
Friday, June 23, 2023

NEW YORK, June 23, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the Nasdaq Closing Cross was used for the 20th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution .

Key Points: 
  • NEW YORK, June 23, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the Nasdaq Closing Cross was used for the 20th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution .
  • Approximately 2.55 billion shares representing $61.7 billion were executed in the Nasdaq Closing Cross in 0.86 seconds across Nasdaq-listed securities.
  • “Today represents twenty years of partnership between Nasdaq and FTSE Russell in the annual Russell Rebalance,” said Kevin Kennedy, Executive Vice President of North American Trading Services at Nasdaq.
  • "We're proud to commemorate the 35th annual Russell Reconstitution," said Arne Staal, CEO of FTSE Russell.

Trio-Tech Reports Third Quarter Results and Announces Initial Contract for Its Dynamic HTOL Electric Vehicle Power Module Test System

Retrieved on: 
Monday, May 15, 2023

Trio-Tech International (NYSE MKT: TRT) today announced financial results for the third quarter and first nine months of fiscal 2023, and announced its initial contract for its Dynamic HTOL Electric Vehicle Power Module Test System

Key Points: 
  • Trio-Tech International (NYSE MKT: TRT) today announced financial results for the third quarter and first nine months of fiscal 2023, and announced its initial contract for its Dynamic HTOL Electric Vehicle Power Module Test System
    Revenue for the third fiscal quarter declined 12% to $9,842,000, compared to $11,138,000 in the same quarter of fiscal 2022.
  • Overall gross margin was $2,458,000 compared to $2,474,000 a year ago, and improved to 25% of revenue compared to 22% last year.
  • The increase in gross margin reflects improved operations at testing services segment, partially offset by lower gross margin in the manufacturing and distribution segments.
  • A key reason for our optimism is the development and launch, in the current fiscal year, of our new Dynamic High Temperature Operating Life Test (HTOL) System for Silicon Carbide (SiC) / Gallium Nitride (GaN) Power Modules used in the electric vehicle market.

OTC Markets Group Announces Quarterly Index Performance and Rebalancing

Retrieved on: 
Wednesday, April 26, 2023

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the first quarter 2023 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.

Key Points: 
  • NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the first quarter 2023 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.
  • The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies was up 7.8% in Q1 2023.
  • The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies was up 8.3% in Q1 2023.
  • The OTCQX Composite Index, OTCQX Billion+ Index, OTCQX Dividend Index, OTCQX International Index, OTCQX U.S. Index, OTCQX Banks Index, OTCQX Cannabis Index, and OTCQB Venture Index have minimum liquidity screens to ensure tradability.

B2Gold Completes Acquisition of Sabina Gold & Silver Corp.

Retrieved on: 
Wednesday, April 19, 2023

The Arrangement results in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada.

Key Points: 
  • The Arrangement results in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada.
  • “The closing of the acquisition of Sabina and the Back River Gold District represents a milestone for B2Gold as we continue to build a low-cost responsible senior gold mining company.
  • We aim to further define the Back River Gold District’s untapped potential and unlock the significant value we see and opportunities for growth.”
    Under the terms of the Arrangement, Sabina shareholders received 0.3867 B2Gold common shares (“B2Gold Share”) per Sabina common share.
  • Following the delisting, B2Gold intends to apply for Sabina to cease to be a reporting issuer under applicable Canadian securities laws.

B2Gold Corp. Announces Acquisition of Sabina Gold & Silver Corp.

Retrieved on: 
Monday, February 13, 2023

The Transaction will result in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada.

Key Points: 
  • The Transaction will result in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada.
  • Upon completion of the Arrangement, existing B2Gold shareholders and former Sabina shareholders will own approximately 83% and 17%, respectively, of the outstanding B2Gold Shares.
  • With an estimated average head grade of ~6.0 g/t gold, the Goose project ranks among the highest-grade undeveloped gold projects globally.
  • Clive Johnson, President and Chief Executive Officer of B2Gold said, “The acquisition of Sabina represents an exciting opportunity to develop the significant gold resource endowment at the Back River Gold District into a large, long life mining complex.

Trio-Tech Second Quarter Operating Income Increases 63% on a 13% Gain in Revenue

Retrieved on: 
Friday, February 10, 2023

Reflecting the growth in revenue and an increase in gross margin for the second quarter to 27% of revenue compared to 26% of revenue for the second quarter of fiscal 2022, operating income surged 63% to $1,069,000 compared to $656,000 last year.

Key Points: 
  • Reflecting the growth in revenue and an increase in gross margin for the second quarter to 27% of revenue compared to 26% of revenue for the second quarter of fiscal 2022, operating income surged 63% to $1,069,000 compared to $656,000 last year.
  • Net income for the second quarter of fiscal 2023 was $507,000, or $0.12 per diluted share, compared to net income of $855,000, or $0.20 per diluted share, for the second quarter of fiscal 2022.
  • Net income for this year’s second quarter was affected by a non-cash currency exchange loss of $349,000 associated with a weakening of the US dollar against the Singapore dollar during the quarter.
  • Income from operations increased 31% to $2,136,000, or 9% of revenue, compared to $1,626,000, or 8% of revenue, for the same period last year.