CORSICANA, Texas, March 20, 2025 (GLOBE NEWSWIRE) -- Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) ("Birchtech" or the "Company"), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced that it will release financial results for the fourth quarter ended December 31, 2024 after market close on Monday, March 31, 2025. Management will host an investor conference call at 5:00 p.m. Eastern time on Monday, March 31, 2025, to discuss Birchtech's fourth quarter 2024 ...

Shares of The Eastern Company (EML) have declined 3.8% since the company reported its earnings for the quarter ended Dec. 28, 2024. This compares to the S&P 500 index’s 0.4% growth over the same time frame. Over the past month, the stock has declined 8% compared with the S&P 500’s 8.2% decline.See the Zacks Earnings Calendar to stay ahead of market-making news.Eastern reported net income from continuing operations of 26 cents per share for the fourth quarter of 2024 compared with 63 cents per share in the p ...

BioHarvest Sciences to Host Fourth Quarter and Full Year 2024 Earnings Call on March 31 at 4:30 p.m. Eastern TimeMarch 17, 2025 8:30 AM EDT | Source: BioHarvest Sciences Inc.Rehovot, Israel--(Newsfile Corp. - March 17, 2025) - BioHarvest Sciences Inc. (NASDAQ: BHST) (FSE: 8MV0) ("BioHarvest" or the "Company"), a company pioneering its patented Botanical Synthesis technology platform, today announced that it will release financial results for the fourth quarter and full year ended December 31, ...

Core Viewpoint - Standard Uranium Ltd is advancing its exploration projects in the Eastern Athabasca Basin through geophysical surveys to de-risk and prepare them for drilling, creating opportunities for potential partners [1][3][11] Project Updates - The company has conducted significant geophysical work on three key projects: Atlantic, Rocas, and Corvo, focusing on making them drill-ready [1][3] - At the Atlantic project, initial drilling revealed promising results, including uranium mineralization and strong alteration [4] - Ground gravity surveys were completed at both Atlantic and Rocas to identify density anomalies associated with uranium mineralization [5][6] Exploration Techniques - The combination of ground gravity surveys and electromagnetic (EM) surveys is utilized to refine drill targets and identify the best drilling locations [6] - Airborne EM surveys were conducted at Corvo to upgrade the project and refine conductive corridors, enhancing its drill-readiness [7][8] Strategic Partnerships - The company aims to bring in partners to further advance its projects, while continuously evaluating land opportunities in the highly staked Athabasca Basin [9] - Over the past year, Standard Uranium has expanded its portfolio by more than 45,000 acres, including acquisitions and expansions at various projects [10] Value Addition - Cost-effective geophysical surveys are conducted to add value to projects, maintain project standing, and secure necessary permits, creating turnkey opportunities for new entrants or partners [11]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

The Eastern Company (NASDAQ:EML) Q4 2024 Earnings Conference Call March 12, 2025 11:00 AM ET Company Participants Marianne Barr - Treasurer Ryan Schroeder - CEO Nicholas Vlahos - CFO Conference Call Participants Ross Davisson - Banneton Capital Operator Good morning, everyone, and welcome to the Eastern Company Fourth Quarter Fiscal Year 2024 Earnings Call. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Marianne Barr, Treasurer of th ...

Financial Performance - Net sales for the year ended December 28, 2024, increased to $272.75 million, up from $258.86 million in 2023, representing a growth of approximately 5.3%[194] - Gross margin improved to $67.27 million in 2024, compared to $61.77 million in 2023, reflecting an increase of about 8.1%[194] - Operating profit rose to $20.15 million in 2024, up from $17.03 million in 2023, marking an increase of approximately 18.5%[194] - Net income from continuing operations for 2024 was $13.22 million, compared to $11.78 million in 2023, an increase of about 12.2%[196] - The company reported a net loss of $8.53 million for 2024, compared to a net income of $8.59 million in 2023, indicating a significant decline[196] Assets and Liabilities - Total assets decreased to $235.31 million in 2024 from $252.04 million in 2023, a reduction of approximately 6.6%[195] - Current liabilities increased to $44.79 million in 2024, compared to $42.73 million in 2023, reflecting a rise of about 4.8%[192] - The company’s retained earnings decreased to $133.55 million in 2024 from $144.81 million in 2023, a decline of about 7.8%[192] - Total liabilities included a treasury stock purchase of $3,057,841 in 2024, compared to $735,783 in 2023[202] Cash Flow - Cash and cash equivalents rose to $14.01 million in 2024, up from $8.05 million in 2023, representing an increase of approximately 74.1%[191] - Cash provided by operating activities decreased to $19,386,050 in 2024 from $25,543,857 in 2023, reflecting a decline of approximately 24%[202] - Total net cash used in investing activities increased to $7,888,050 in 2024 from $4,641,379 in 2023, indicating a rise of approximately 70%[202] Discontinued Operations - The company experienced a loss from discontinued operations amounting to $21,744,741 in 2024, significantly higher than the loss of $3,195,349 in 2023[213]. - The company reported a gross margin of $2,154,915 from discontinued operations in 2024, down from $3,180,838 in 2023[213]. - Total assets of discontinued operations decreased from $27,468,838 in December 30, 2023 to $5,071,828 in December 28, 2024, reflecting a significant reduction[214] Goodwill and Impairments - The company recognized a goodwill impairment of approximately $12.1 million in the third quarter of 2024 related to discontinued operations[232] - The Company reported a goodwill impairment charge of $12.1 million in 2024, reducing the ending balance of goodwill to $58.5 million[259] Pension and Retirement Plans - The net periodic benefit cost for the Company's pension benefit plans decreased to $1,492,140 in 2024 from $2,000,223 in 2023, representing a reduction of approximately 25.4%[291] - The benefit obligation for the Company's pension plans decreased to $75,916,060 in 2024 from $81,862,011 in 2023, a decline of about 7.3%[298] - The fair value of pension plan assets at the end of 2024 was $59,311,220, down from $60,836,643 in 2023, indicating a decrease of approximately 2.5%[298] Stock and Dividends - Cash dividends per share remained stable at $0.44 for both 2024 and 2023[196] - The Company granted 92,016 stock awards in 2024, up from 82,800 in 2023, showing an increase in employee incentives[269] - Regular matching contributions increased to $1,068,843 in 2024 from $990,993 in 2023, representing an increase of approximately 7.8%[313] Segment Performance - Net sales for the Engineered Solutions segment rose to $272,751,967 in 2024, up from $258,857,380 in 2023, reflecting an increase of approximately 5.4%[316] - Gross margin improved to $67,267,160 in 2024 compared to $61,772,306 in 2023, indicating a growth of about 8.1%[317] - Operating profit increased to $20,149,004 in 2024 from $17,033,224 in 2023, marking a rise of approximately 18.5%[317] Taxation - Total income taxes paid were $5,166,195 in 2024, down from $6,608,084 in 2023[278] - The provision for income taxes for 2024 was $(306,136), reflecting a 4% effective tax rate, compared to $2,406,940 and 22% in 2023[277] Future Plans - The Eastern Company plans to pursue acquisitions in industries outside its current operations if attractive opportunities arise[203] - The Company expects to make cash contributions of approximately $2,900,000 to its qualified pension plans in 2025[299]

Financial Performance - Net sales in Q4 2024 increased 4.5% to $66.7 million from $63.8 million in Q4 2023[6] - Full year 2024 net sales rose 5% to $272.8 million compared to $258.9 million in 2023[6] - Net sales for the year ended December 28, 2024, increased to $272.75 million, up from $258.86 million in 2023, representing a growth of approximately 5.3%[26] - Gross margin improved to $67.27 million in 2024, compared to $61.77 million in 2023, reflecting an increase of about 8.1%[26] - Operating profit rose to $20.15 million in 2024, up from $17.03 million in 2023, marking an increase of approximately 18.5%[26] - Net income for FY 2024 increased 12% to $13.2 million, or $2.13 per diluted share, compared to $11.8 million, or $1.88 per diluted share in 2023[10] - Net income from continuing operations increased to $13.22 million in 2024, compared to $11.78 million in 2023, which is a growth of about 12.2%[26] - Basic earnings per share from continuing operations improved to $2.13 in 2024, compared to $1.89 in 2023, reflecting an increase of approximately 12.7%[27] Expenses and Costs - Gross margin for Q4 2024 was 23.0%, down from 26.8% in Q4 2023, primarily due to higher material costs[7] - Selling and administrative expenses in Q4 2024 increased 11.0% to 16.8% of net sales compared to 15.8% in Q4 2023[8] - Adjusted EBITDA for FY 2024 was $27.1 million, compared to $25.4 million in FY 2023[11] - Adjusted EBITDA from continuing operations for Q4 2024 was $5,725,000, a decrease of 17.4% compared to $6,934,000 in Q4 2023[34] - Total adjusted EBITDA for the twelve months ended December 28, 2024, was $27,052,000, representing an increase of 6.3% from $25,445,000 in the previous year[34] - Interest expense for the twelve months ended December 28, 2024, totaled $2,721,000, a decrease of 3.0% from $2,805,000 in the previous year[34] - The provision for income taxes for Q4 2024 was $466,000, a decrease of 42.5% compared to $812,000 in Q4 2023[34] - Depreciation and amortization for the twelve months ended December 28, 2024, was $5,888,000, an increase of 9.7% from $5,367,000 in the previous year[34] Cash Flow and Assets - Cash and cash equivalents at the end of the year rose to $14.84 million in 2024, up from $8.30 million in 2023, indicating an increase of about 78.5%[32] - Net cash provided by operating activities was $19.39 million in 2024, down from $25.54 million in 2023, a decrease of approximately 24%[32] - Total assets decreased to $235.31 million in 2024 from $252.04 million in 2023, a decline of about 6.6%[30] - Current liabilities increased to $44.79 million in 2024, compared to $42.73 million in 2023, representing a rise of approximately 4.8%[31] Shareholder Actions - The company repurchased 39,337 shares of common stock during Q4 2024 under its share repurchase program[12] Strategic Initiatives - The company aims to enhance operational efficiency and market share through a focused commercial strategy and new leadership[4] Backlog and Discontinued Operations - Backlog as of December 28, 2024, was $89.2 million, up from $77.1 million as of December 30, 2023[9] - Net loss from discontinued operations for the twelve months ended December 28, 2024, was $(21,745,000), compared to a loss of $(3,195,000) in the previous year[34] - Adjusted EBITDA from discontinued operations for the twelve months ended December 30, 2023, was $(758,000), a significant decrease from $157,000 in the previous year[35] - The company reported a net income (loss) of $(8,529,000) for the twelve months ended December 30, 2023, compared to a net income of $8,585,000 in the previous year[35]

Core Insights - Aftermath Silver Ltd. has reported significant assay results from its Phase 2 diamond drill program at the Berenguela silver-copper-manganese deposit in southern Peru, highlighting the potential for high-grade mineralization in the Eastern Zone [1][4]. Drilling Results - The drilling program included two step-out sections, with hole AFD100 returning the longest copper intercept to date at 156 meters, grading 1.12% Cu, 290 g/t Ag, and 7.3% Mn [2][6]. - AFD100 also recorded the two highest silver assays at Berenguela, with results of 12,354 g/t Ag over 1.0m and 16,151 g/t Ag over 0.95m, leading to a combined result of 1.95m at 14,252 g/t Ag [3][7]. - The current drilling results are from 9 holes, with the total drilling program increased to 5,200 meters, and further results are expected in the coming weeks [4][5]. Geological Context - The Eastern Zone is characterized by elevated copper levels and is considered a higher temperature zone, potentially linked to a porphyry-style intrusive source [4][12]. - The geology of the Berenguela deposit includes folded thickly bedded limestones and dolomitized limestones, with significant manganese oxide replacement mineralization associated with silver and copper [14][15]. Company Positioning - Aftermath Silver is positioned well in the critical metals space, with silver, copper, and manganese being major contributors to the mineralization, which are essential for clean energy and battery applications [5][24]. - The Berenguela project is strategically located near infrastructure, enhancing its development potential [25].

Company Overview - Parker Hannifin Corporation is a global leader in motion and control technologies, recognized as a Fortune 250 company [2] - The company has a long-standing history of enabling engineering breakthroughs for over a century [2] Financial Performance - Parker Hannifin has increased its annual dividend per share for 68 consecutive fiscal years, ranking among the top five longest-running dividend-increase records in the S&P 500 index [2] Upcoming Events - The company is scheduled to present at Raymond James' 46th Annual Institutional Investors Conference on March 3, 2025, at 11:35 a.m. Eastern time [1] - A live webcast of the presentation will be available on Parker's investor information website and will be archived for future access [1]