Mood Media Corp. recorded record first quarter revenue of $84.1-million, up 153 per cent from the prior year and record first quarter adjusted EBITDA of $21.6-million, up 181 per cent from prior year.
Chorus Aviation Inc. , which rose nearly 3 per cent on Friday, will hold a conference call for analysts on Tuesday, May 15, 2012, to present first quarter financial results. It will also host its annual general meeting on this date.
Duluth Metals Ltd. , which fell 3 per cent on Friday, announced strong assay results for continued drilling on the Twin Metals Minnesota Project in northeastern Minnesota.
Fiera Capital Corp. reported a second quarter loss of $0.4-million, or $0.01 per share (both basic and fully diluted). For the three-month period ended March 31, 2011, the firm earned $1.9-million, or $0.05 per share (both basic and fully diluted).
Medicago Inc. , which is trading near a year low 45 cents, reported a first quarter consolidated loss of $8.99-million, or $0.04 per basic and diluted share compared to a loss of $5.05-million, or $0.04 per basic and diluted share in the year earlier period.
PetroMagdalena Energy Corp. announced today that it has entered into an agreement to issue shares to settle certain debt owed to Pacific Rubiales Energy Corp. in connection with the exploration programs at the Topoyaco, Arrendajo and Las Quinchas blocks.
Dynetek Industries Ltd. , which is trading near a year low 8 cents, said first quarter net loss was $0.9-million or $0.04 per common share, which was the same for the first quarter of 2011.
Rio Alto Mining Ltd. announced today that its net income was $33.2-million or $0.19 per share for the first three months ended March 31, 2012. Revenue was $94.6-million, and cash generated from operations amounted to $54.6-million.
Dia Bras Exploration Inc. , which closed Friday's session at day highs, announced today that continued surface and underground drilling at its Promontorio mine has expanded the Promontorio disseminated silver deposit and the El Gallo veins.
TearLab Corporation , which closed 1 per cent higher on Friday, announced today its consolidated financial results for the first quarter ended March 31, 2012. Net revenues were $422,000 as compared to $824,000 for the same period in 2011. Net loss was approximately $9.1-million, or $0.44 per share, compared to the previous year's $1.7-million, or $0.11 per share.