
Empire Petroleum Corp
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Empire Petroleum Corp (EP) Stock News
The latest EP headlines and market coverage — 30 recent stories, updated throughout the day.
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Advanced Medical Solutions Group Plc
Investec Bank plc, acting as Advisor & Joint Broker to Advanced Medical Solutions Group Plc, disclosed public dealing in ordinary shares on 18th June 2026. The exempt principal trader purchased 109,174 shares at prices between 227-229 per unit and sold 59,174 shares at prices between 227-227.5 per unit.
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Treatt Plc
Investec Bank plc, acting as Advisor and Joint Broker to Treatt Group Plc, disclosed a sale of 2,020 ordinary shares in Treatt Group Plc on 18th June 2026 at 304p per share. The disclosure was made in accordance with Rule 8.5 of the Takeover Code.
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Gamma Communications Plc
Investec Bank plc, acting as Joint Broker to Gamma Communications Plc, disclosed public dealing in ordinary shares of Gamma Communications on 18th June 2026. The exempt principal trader purchased and sold 17,319 ordinary shares at prices ranging from 883.5 to 908.5 per unit. No derivative transactions, indemnity arrangements, or special agreements were involved in the dealing.
- Benzinga·
Empire Reports EPS of $0.94 in the Fourth Quarter and Fiscal 2026 Results
Increases dividend 10.2 per cent; 31 st consecutive year delivering increase Quarterly earnings per share ("EPS") and adjusted EPS (1)(2) of $0.94, an increase of 27.0% Sales of $7,807 million, an increase of 2.2% Same-store sales (1) growth - food increased by 1.5% Operating income increase of 10.9% Adjusted EBITDA (1)(2) margin of 8.2%, an increase of 40 basis points STELLARTON, NS , June 18, 2026 /CNW/ - Empire Company Limited ("Empire" or the "Company") (TSX: EMP ) today announced its financial results for the fourth quarter and full year ended May 2, 2026. For the quarter, the Company recorded net earnings and adjusted net earnings of $212 million ($0.94 per share) compared to $173 million ($0.74 per share) last year, an increase of 22.5% (or 27.0% on a per share basis). "We delivered a solid finish to fiscal 2026, with adjusted EPS growth of 27 per cent, reflecting disciplined execution and continued progress against our strategic priorities," said Pierre St-Laurent, President & CEO, Empire. "As we enter fiscal 2027, our focus remains on driving growth within our existing network, advancing key growth engines, and continuing to elevate our value proposition for customers in what remains a challenging economic environment." (1) See "Non-GAAP Financial Measures & Financial Metrics" section of the fourth quarter fiscal 2026 MD&A. (2) Adjusted Metrics include adjusted operating income, adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA"), adjusted net earnings, and adjusted EPS. During the fourth quarters of fiscal 2026 and fiscal 2025, there were no adjusting items. Strategic Focus The Company's ambition is to be the best retailer in Canada, providing quality and value with differentiated offerings and seamless experiences, with a strong focus on serving local cultures in every community. Empire recently launched its new th
- GlobeNewswire Inc.·
Inspire Medical Systems, Inc. Announces Presence at SLEEP 2026 and Publication of PREDICTOR Study
Inspire Medical Systems presented new clinical data at SLEEP 2026 demonstrating the effectiveness of its Inspire V hypoglossal nerve stimulation system for obstructive sleep apnea treatment. Key findings include significant reductions in hypoxic burden, improved cardiovascular outcomes compared to CPAP therapy, and higher patient adherence rates. The company also published studies identifying predictors for therapy eligibility and presented results from its 5,000-patient ADHERE registry showing 62% median AHI reduction.
- Benzinga·
McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL 2026
MOUNT GILEAD, N.C. , June 15, 2026 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) reported consolidated net revenues for the third quarter of fiscal 2026 of $27,418,000 as compared to $30,870,000 for the third quarter of fiscal 2025. Net earnings for the third quarter of fiscal 2026 amounted to $858,000, or $0.38 per diluted Class A common share, as compared to $3,160,000, or $1.40 per diluted Class A common share, for the third quarter of fiscal 2025. Consolidated net revenues for the first nine months of fiscal 2026 totaled $86,569,000 as compared to $87,120,000 for the first nine months of fiscal 2025. Net earnings for the first nine months of fiscal 2026 amounted to $3,262,000, or $1.45 per diluted Class A common share, as compared to net earnings of $6,059,000, or $2.68 per diluted Class A common share, for the first nine months of fiscal 2025. THIRD QUARTER FISCAL 2026 COMPARED TO THIRD QUARTER FISCAL 2025 Consolidated net revenues totaled $27.4 million for the third quarter of fiscal 2026 as compared to $30.9 million for the third quarter of fiscal 2025. Sales related to our western/lifestyle boot products for the third quarter of fiscal 2026 totaled $19.7 million as compared to $20.2 million for the third quarter of fiscal 2025. This decrease in net revenues was mainly driven by a decrease in our Laredo brand. Revenues from our work boot products decreased from $8.7 million for the third quarter of fiscal 2025 to $7.9 million for the third quarter of fiscal 2026. This was primarily a result of decreased orders on military boots. Additionally, third quarter revenues for fiscal 2025 included $2.0 million in land sales through our affiliate American Mortgage Investment Company (AMIC). Consolidated gross profit for the third quarter of fiscal 2026 amounted to approximately $6.9 million as compared to $9.8 million for the third quarter of fis
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Treatt Plc
Investec Bank plc, acting as Advisor and Joint Broker to Treatt Group Plc, disclosed dealings in Treatt Group ordinary shares on 11th June 2026. The bank purchased 50,000 shares at 302.5p per share and sold 47 shares at 304p per share.
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Advanced Medical Solutions Group Plc
Investec Bank plc, acting as Advisor & Joint Broker to Advanced Medical Solutions Group Plc, disclosed public dealing in ordinary shares of Advanced Medical Solutions on 11th June 2026. The bank purchased 164,779 shares and sold 189,967 shares at prices between 223-225 per unit. The disclosure was filed under Rule 8.5 of the Takeover Code.
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Gamma Communications Plc
Investec Bank plc, acting as Joint Broker to Gamma Communications Plc, disclosed public dealing in ordinary shares of Gamma Communications on 11th June 2026. The exempt principal trader purchased and sold 88,776 ordinary shares at prices ranging from 970p to 974p per unit. No derivative transactions, indemnity arrangements, or special agreements were involved in the dealings.
- GlobeNewswire Inc.·
Sleep.ai to Present 10 Scientific Studies at SLEEP 2026, Highlighting Advances in Digital Sleep Intelligence and Product Validation
Sleep.ai announced that 10 scientific studies will be presented at SLEEP 2026, including three original AI/ML analyses on smartphone-based sleep detection and sleep apnea prediction, plus seven partner validation studies on sleep-related products. The presentations underscore Sleep.ai's commitment to evidence-based sleep innovation, leveraging over one billion hours of sleep data and 250+ scientific studies.
- Benzinga·
DOLLARAMA REPORTS FISCAL 2027 FIRST QUARTER RESULTS
MONTREAL , June 11, 2026 /CNW/ - Dollarama Inc. (TSX: DOL ) ("Dollarama" or the "Corporation") today reported its financial results for the first quarter ended May 3, 2026. Refer to "Selected Segmented Financial Information" on page 6 of this press release for additional information regarding the Corporation's Canadian and Australian reportable segments. Fiscal 2027 First Quarter Results Highlights Compared to Fiscal 2026 First Quarter Sales increased by 21.4% to $1,846.1 million, compared to $1,521.2 million Comparable store sales (1) in Canada increased by 5.6%, compared to 4.9% in the first quarter of the previous year EBITDA (1) increased by 17.4% to $582.5 million, representing an EBITDA margin (1) of 31.6%, compared to 32.6% Operating income increased by 11.2% to $432.2 million, representing an operating margin (1) of 23.4%, compared to 25.6% Net earnings increased by 10.4% to $302.3 million, resulting in a 13.3% increase in diluted net earnings per common share to $1.11, compared to $0.98 Unrealized gain of $16.4 million relating to the derivative on our equity-accounted investments, positively impacting EBITDA margin by 90 basis points and diluted net earnings per common share by $0.06 28 net new stores opened in Canada, compared to 22 in the corresponding period of the previous year; 8 net new stores opened and 13 stores renovated in Australia, all operating under the legacy banner 1,962,010 common shares repurchased for cancellation for $339.1 million "We delivered a strong performance in the first quarter of fiscal 2027 as we pursue profitable growth in our core Canadian market, generating strong comparable store sales growth, expanding our store network and progressing our Western Canada logistics hub project. We are also advancing our priorities across our international growth platforms with discipline. In Latin America, Dollarcity had a solid start to th
- Benzinga·
MIND TECHNOLOGY, INC. REPORTS FISCAL 2027 FIRST QUARTER RESULTS
<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">THE WOODLANDS, Texas</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">June 10, 2026</span> /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MIND" rel="nofollow">MIND</a>) (&#34;MIND&#34; or the &#34;Company&#34;) today announced financial results for its fiscal 2027 first quarter ended April 30, 2026.</p> <p xmlns="http://www.w3.org/1999/xhtml">Revenues for the first quarter of fiscal 2027 were approximately $9.7 million compared to $9.8 million for the fourth quarter of fiscal 2026 and $7.9 million for the first quarter of fiscal 2026.</p> <p xmlns="http://www.w3.org/1999/xhtml">The Company reported operating income of $14,000 for the first quarter of fiscal 2027 compared to $78,000 for the fourth quarter of fiscal 2026 and an operating loss of $658,000 for the first quarter of fiscal 2026. Net loss for the first quarter of fiscal 2027 amounted to $411,000, or a loss of $0.05 per share, compared to a net loss of $271,000, or a loss of $0.03 per share, for the fourth quarter of fiscal 2026 and a net loss of $970,000, or a loss of $0.12 per share, for the first quarter of fiscal 2026. In computing net loss per common share, approximately 9,089,000 shares were outstanding for the first quarter of fiscal 2027, compared to 9,040,000 shares for the fourth quarter of fiscal 2026, and 7,969,000 shares during the first quarter of fiscal 2026.</p> <p xmlns="http://www.w3.org/1999/xhtml">Adjusted EBITDA for the first quarter of fiscal 2027 was $811,000 compared to Adjusted EBITDA of $1.1 million
- The Motley Fool·Neutral
Retirees: Here's Why HDV Makes More Sense Than JEPI for Your Income Portfolio
The article compares two income-focused ETFs for retirees. JEPI, which gained popularity in 2022 with yields over 10%, has seen its yield drop to 8.3% and significantly underperformed the S&P 500 since 2023 due to its reliance on market volatility for income generation. HDV, with a more stable 2.9% yield backed by high-quality dividend-paying companies, is recommended as the better choice for retirement portfolios seeking predictable income and full market participation.
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Advanced Medical Solutions Group Plc
Investec Bank plc, acting as Advisor & Joint Broker to Advanced Medical Solutions Group Plc, disclosed a sale of 5,000 ordinary shares on June 9, 2026, at a price of 219.5 per unit. The disclosure was made under Rule 8.5 of the Takeover Code as a public dealing disclosure by an exempt principal trader.
- Benzinga·
CRACKER BARREL REPORTS THIRD QUARTER FISCAL 2026 RESULTS AND UPDATES FISCAL 2026 OUTLOOK
Company increases revenue and adjusted EBITDA 1,2 guidance LEBANON, Tenn. , June 9, 2026 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the third quarter of fiscal 2026 ended May 1, 2026. Cracker Barrel President and Chief Executive Officer Julie Masino said, "Our initiatives to improve operations, deepen guest connection, and enhance profitability continue to gain traction, with strong execution from our teams driving third quarter results that exceeded expectations. We remain focused on serving delicious food and delivering experiences guests love and believe we are well-positioned to sustain this new momentum." Third Quarter Fiscal 2026 Highlights Total revenue was $797.4 million. Compared to the prior year quarter, total revenue decreased 2.9%. Compared to the prior year quarter, comparable store restaurant sales decreased 2.6%, and comparable store retail sales decreased 1.8%. GAAP earnings per diluted share were $1.90, and adjusted 1 earnings per diluted share were $0.29. GAAP net income was $42.8 million compared to the prior year quarter GAAP net income of $12.6 million. The current year GAAP net income results include a $47.4 million benefit related to a settlement agreement regarding interchange fee litigation. Adjusted EBITDA 1 was $40.3 million compared to the prior year quarter adjusted EBITDA 1 of $48.1 million. Third Quarter Ended (In thousands, except per share amounts) 5/1/26 5/2/25 Revenue $797,367 $821,147 GAAP net income $42,811 $12,574 Adjusted net income 1 $6,533 $13,123 Adjusted EBITDA 1 $40,305 $48,117 GAAP earnings per share – diluted $1.90 $0.56 Adjusted 1 earnings per share – diluted $0.29 $0.58 Balance Sheet & Capital Allocation During the third quarter, the Company received $47.4 million, net of legal fees, pursuant to a settlement agree
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Gamma Communications Plc
Investec Bank plc, acting as Joint Broker to Gamma Communications Plc, disclosed public dealing in ordinary shares of Gamma Communications on 8th June 2026. The bank purchased and sold 20,655 ordinary shares at prices of 948.5931 per unit. The disclosure was filed under Rule 8.5 of the Takeover Code.
- GlobeNewswire Inc.·Neutral
Form 8.5 (EPT/RI)-Advanced Medical Solutions Group Plc
Investec Bank plc, acting as Advisor & Joint Broker to Advanced Medical Solutions Group plc, disclosed public dealing in the company's ordinary shares on 8th June 2026. The exempt principal trader purchased 20,920 shares at prices between 218.2-218.5 and sold 3,680 shares at 218.5 per unit. No derivative transactions or special arrangements were reported.
- GlobeNewswire Inc.·
VALLOUREC AND ULTRA CORPOTECH PVT LTD SIGN A MEMORANDUM OF UNDERSTANDING FOR THE DEPLOYMENT OF ITS VAM® THREADING CAPABILITIES IN INDIA
Vallourec has signed a Memorandum of Understanding with Ultra Corpotech Pvt Ltd to deploy its VAM® threading capabilities in India. The partnership aims to establish localized production of premium tubular solutions for Oilfield Services customers, with implementation planned for late 2026 and commissioning expected in early 2027. This reflects the broader shift of manufacturing activities from North America to the Eastern Hemisphere.
- Investing.com·
Is Tech Sector Growth Sustainable and How are Expected Q2 EPS Estimates Faring?
Q1 2026 saw phenomenal tech sector growth at 56.8%, driven partly by AI enthusiasm and one-time Anthropic mark-ups. The article questions sustainability of this growth rate, noting historical tech sector averages of 10.3% (2011-2019) and 19% (excluding COVID period). Q2 2026 EPS growth expectations appear modest, with Goldman Sachs 2026 estimates only improving 10% since year-end 2025. The author suggests the market is in a remarkable period similar to the late 1990s, with 2027 potentially being the strongest year of President Trump's second term.
- Benzinga·
OPTICAL CABLE CORPORATION REPORTS SECOND QUARTER OF FISCAL YEAR 2026 FINANCIAL RESULTS
Net Sales Increased 26.6% and Gross Profit Increased 42.4% in the Second Quarter of Fiscal 2026 Compared to Same Period in Prior Year ROANOKE, Va. , June 8, 2026 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC ® " or the "Company") today announced financial results for its second quarter of fiscal year 2026 ended April 30, 2026. Second Quarter 2026 Financial Results Consolidated net sales for the second quarter of fiscal year 2026 increased 26.6% to $22.2 million, compared to $17.5 million for the same period in the prior year. OCC experienced an increase in net sales in both its enterprise and specialty markets during the second quarter of fiscal year 2026, compared to the second quarter of fiscal year 2025. Sequentially, net sales for the second quarter of fiscal year 2026 increased 35.2% compared to $16.4 million for the first quarter of fiscal year 2026. OCC continues to see revenue growth and future growth opportunities in its targeted market sectors, both domestically and internationally – with robust demand from customers and end-users in the Company's enterprise, data center and severe duty market sectors. Net sales to customers in the United States increased 21.2% and net sales to customers outside of the United States increased 45.3% in the second quarter of fiscal year 2026, compared to the same period last year. At the end of the second quarter of fiscal year 2026, the Company's sales order backlog/forward load increased to $13.3 million when compared to $10.4 million as of January 31, 2026 (an increase of more than 27%), and when compared to $7.3 million as of October 31, 2025 (an increase of more than 82%). Gross profit increased 42.4% to $7.6 million in the second quarter of fiscal year 2026, compared to $5.3 million for the same period in fiscal year 2025, due to increased volumes and the resulting positive impact of OCC's manufac
- GlobeNewswire Inc.·
GoHealth, Inc. to strengthen its position ahead of AEP 2026 through Restructuring Process supported by key stakeholders
GoHealth has filed for voluntary Chapter 11 bankruptcy with support from 100% of lenders and over 60% of Class A stockholders. The prepackaged restructuring plan will transition ownership to lenders, reinstate preferred equity, pay trade payables in full, and provide cash to common equity holders. The company expects to emerge before the 2026 annual enrollment period while continuing normal operations.
- Benzinga·
U.S. Global Investors Announces Restatement of EPS for Q3 2026; Reported Financial Strength Remains Unchanged
SAN ANTONIO, June 05, 2026 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW ) (the "Company"), a registered investment advisory firm 1 with longstanding experience in global markets and specialized sectors, today announced that it has completed the restatement of its previously issued earnings per share (EPS) figures for the three-month and nine-month periods ended March 31, 2026, and has filed an amended Quarterly Report for the third quarter of fiscal year 2026 on Form 10-Q/A. Nature of the Restatement As was previously reported, the Company identified an inadvertent omission in the spreadsheet used to calculate weighted-average shares. The omission resulted in understated basic and diluted weighted average common shares and overstated basic and diluted EPS for the three- and nine-month periods ended March 31, 2026. The miscalculation had no impact on the Company's reported net income, total revenues, operating income, cash position or any other line item in the consolidated financial statements. Only the weighted average number of shares outstanding and the resulting per-share figures are affected. "We recognize that per‑share information is important to our investors. Upon identifying the clerical omission, we completed the restatement as soon as practicable. We are enhancing our controls over the preparation and validation of spreadsheet calculations to support our commitment to accurate financial reporting," said Lisa Callicotte, Chief Financial Officer of U.S. Global Investors. For the three months ended March 31, 2026, weighted average shares were understated by 702,484 shares, resulting in an overstatement of basic and diluted EPS of $0.02. Corrected EPS – Three Months Ended March 31, 2026 As Reported As Restated Basic & Diluted EPS $0.23 $0.21 Avg. Shares (Basic) 11,858,724 12,561,208 Avg. Shares (Diluted) 11,883,102 12,585,586 For the
- GlobeNewswire Inc.·
ABM Reports Fiscal Second Quarter 2026 Results and Reaffirms Fiscal 2026 Adjusted EPS Outlook
ABM Industries announced fiscal Q2 2026 results with revenue reaching a record $2.3 billion (8.4% increase), driven by 6.1% organic growth and 2.3% from acquisitions. The company reported record first-half new sales bookings of $1.2 billion and net income of $43.1 million ($0.73 per diluted share). Strong performance in Technical Solutions and Aviation segments offset weakness in Business & Industry. Management reaffirmed full-year 2026 outlook with expectations for significant second-half improvement.
- Benzinga·
ABM Reports Fiscal Second Quarter 2026 Results and Reaffirms Fiscal 2026 Adjusted EPS Outlook
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul> <li><em>Revenue increased </em><em>8.4%</em><em> to a second quarter record of </em><em>$2.3 billion</em><em>, including organic growth of 6.1% and acquisition growth of 2.3%</em></li> <li><em>Record first half new sales bookings of $1.2 billion</em></li> <li><em>Net income improved to </em><em>$43.1 million</em><em>, or </em><em>$0.73</em><em> per diluted share, as compared to </em><em>$42.2 million</em><em>, or </em><em>$0.67</em><em>, in the prior year </em></li> <li><em>Adjusted net income was </em><em>$52.9 million</em><em>, or </em><em>$0.90</em><em> per diluted share, versus </em><em>$54.1 million</em><em>, or </em><em>$0.86</em><em>, in the prior year</em></li> <li><em>Adjusted EBITDA increased to </em><em>$131.7 million</em><em>, versus </em><em>$125.9</em><em> million last yea</em>r</li> <li><em>Operating cash flow was </em><em>$66.2 million</em><em> and free cash flow totaled </em><em>$22.4 million</em><em>, both well above the prior year</em></li> </ul> <p align="justify">NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- ABM (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ABM" rel="nofollow">ABM</a>), a leading provider of facility, engineering and infrastructure solutions
- Benzinga·
NATURE'S MIRACLE HOLDING INC. ANNOUNCES STRATEGIC PARTNERSHIP WITH FARADAY FUTURE ("FFAI")TO SUPPORT NORTH AMERICAN ROBOTICS DEPLOYMENT ALONG WITH DELIVERY OF THE INITIAL AEGIS PRO And NAVI ROBOTS
Nature's Miracle Holding Inc. (NMHI) has entered into a Memorandum of Understanding with FF AI-Robotics Inc. to establish a strategic partnership supporting the launch and expansion of FF's Robotics Partnership Program across North America. Under the partnership, Nature's Miracle will develop a network of robotics facilities including showrooms, operation centers, and service centers, while taking delivery of 17 Aegis Pro and 6 Navi robots at its Chicago facility.
- Benzinga·
CANACCORD GENUITY GROUP INC. REPORTS FOURTH QUARTER AND FISCAL 2026 RESULTS
Excluding significant items, quarterly earnings per common share of $0.48 (1) Increased quarterly dividend 17.6 % to $ 0.10 per common share TORONTO , June 3, 2026 /CNW/ - Canaccord Genuity Group Inc. (Canaccord Genuity Group, the Company) (TSX: CF ) today announced its financial results for the fourth quarter and fiscal year ended March 31, 2026. "We delivered record revenue in fiscal 2026 and significantly improved profitability, reflecting stronger operating leverage and disciplined execution across the platform," said Dan Daviau, Chairman & CEO of Canaccord Genuity Group Inc. "Capital markets growth was led by higher investment banking and advisory activity, while wealth management continued to scale, supported by market appreciation, targeted investment and positive inflows. Our improved earnings profile and continued focus on disciplined capital allocation supported our decision to increase the dividend, while preserving the flexibility to invest in the areas of the business where we see the strongest opportunities to create long-term shareholder value." Fourth quarter and fiscal 2026 highlights (adjusted): (All dollar amounts are stated in thousands of Canadian dollars and on an adjusted basis excluding significant items ( 1 ) unless otherwise indicated) Fourth quarter revenue of $612.7 million, an increase of 33.2% over the same period in the prior fiscal year and the third highest quarterly revenue on record Fiscal 2026 revenue of $2.2 billion increased by 24.9% year over year Global wealth management operations earned record quarterly revenue of $306.7 million and record revenue of $1.1 billion for fiscal 2026, year-over-year improvements of 28.4% and 24.2%. Fourth quarter growth in the Australian wealth management operations reflects contributions from the acquisition of Wilsons Advisory Global capital markets revenue for the fourth quarter of $291.6 mi
- GlobeNewswire Inc.·Neutral
Sharon Olson, CFP®, CEPA, Founder & Managing Principal of Olson Wealth Group, Announces Firms’ Expanded Exit and Liquidity Planning Capabilities
Olson Wealth Group, founded by Sharon Olson (CFP®, CEPA), has expanded its integrated exit and liquidity planning services for business owners and entrepreneurial families. The firm now coordinates business strategy, tax planning, estate planning, and family office services years before a transaction occurs, aiming to maximize enterprise value and prevent value erosion that often occurs when planning begins too late in the process.
- Benzinga·
VERSABANK REPORTS STRONG SECOND QUARTER RESULTS: STRONG US SRP GROWTH DRIVES 27% YEAR-OVER-YEAR INCREASE IN REVENUE AND NET INTEREST INCOME, 45% YEAR-OVER-YEAR GROWTH IN ADJUSTED (CORE) NET INCOME
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our second quarter 2026 ("Q2 2026") unaudited Interim Consolidated Financial Statements for the period ended April 30, 2026 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations , SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar . Supplementary Financial Information will also be available on our website at www.versabank.com/investor-relations . LONDON, ON , June 3, 2026 /CNW/ - VersaBank (or the "Bank") (TSX: VBNK (NASDAQ: VBNK ), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today reported its results for the second quarter ended April 30, 2026. All figures are in Canadian dollars unless otherwise stated. NOTE REGARDING SECOND QUARTER FISCAL 2026 FINANCIAL RESULTS VersaBank's financial results for the second quarter of fiscal 2026 reflect non-core non-interest expenses in the amount of $6.7 million. The non-core non-interest expenses included $4.5 million related to the project costs associated with the Reorganization (see Reorganization note below). Subsequent to the end of the second quarter, the Bank publicly filed a Form S-4 registration statement (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") in connection with the Reorganization. The Reorganization is intended to enhance shareholder value, mitigate risk and reduce corporate costs over the long term. The Bank expects that the anticipated benefits of the Reorganization will exceed the associated investment however, these expected benefits are subject to various assumptions and uncertainties. As of the end of the second quarter of
- GlobeNewswire Inc.·
Philips receives FDA 510(k) clearance for Elevate Plus for EPIQ Elite and Affiniti, delivering AI advancements in general imaging ultrasound
Royal Philips announced FDA 510(k) clearance for Elevate Plus, an AI-powered software suite for its EPIQ Elite and Affiniti ultrasound systems. The technology features automated measurement capabilities, workflow automation, and AI decision support for lesion classification, designed to reduce scanning time by up to 30% while maintaining clinical accuracy and helping healthcare providers manage growing demand.
- GlobeNewswire Inc.·Neutral
U.S. Global Investors Announces Intent to Restate EPS for the March 31, 2026, Financial Statements; Underlying Financial Results Unchanged
U.S. Global Investors announced it will restate EPS figures for Q3 fiscal year 2026 due to a clerical error in weighted average shares calculation. The miscalculation resulted in overstated basic and diluted EPS by $0.02 for the three-month period and $0.01 for the nine-month period. The company's underlying financial performance, net income, revenues, and cash position remain unchanged. The company maintains strong fundamentals with Q3 net income of $2.7 million and AUM reaching $1.6 billion, the highest level in nearly two years.