PFIE - Earnings announcements

LINDON, Utah, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter ending September 30, 2024. Third Quarter Summary (comparisons to prior-year quarter) Revenue of $17.2 million, compared to $14.9 millionGross profit of $8.3 million, compared to $7.5 millionGross margin of 48.2%, compared to 50.0%Net income of $2.2 million, or $0.04 per diluted share, versus $2.0 million and $0.04Generated EBITDA of $3.1 million, versus $2.9 millionCash and investments of $16.9 mil

Company Produces Record Q3 Bookings and Highest-Ever BacklogQ3 Revenue and Income Impacted by Customer-Driven Project DelaysAnnounced the Acquisition of Profire Energy (NASDAQ:PFIE) for $125 MillionCompleted Acquisition of WK, in Early OctoberUpdates FY24 Guidance and Introduces 2025 Outlook DALLAS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (NASDAQ:CECO) ("CECO"), (the "Company"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the third quarter of 2024. In addition, CECO, announces it has completed the acquisition of WK

LINDON, Utah, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its second quarter ending June 30, 2024. A conference call will be held on Thursday, August 8, 2024 at 8:30 a.m. ET to discuss the results. Second Quarter Summary (comparisons to prior-year quarter) Revenue of $15.2 million, compared to $14.6 millionGross profit of $7.9 million, compared to $7.4 millionGross margin increased by 90 basis points to 51.8%Net income of $2.1 million, or $0.04 per dilu

LINDON, Utah, July 24, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, August 8, 2024, at 8:30 a.m. ET to discuss results for its 2024 second quarter ended June 30, 2024. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.  Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question-and-answer period. Date: Thursday, August 8, 2024

LINDON, Utah, May 08, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its first quarter ending March 31, 2024. A conference call will be held on Thursday, May 9, 2024 at 8:30 a.m. ET to discuss the results. First Quarter Summary (comparisons to prior-year quarter) Revenue of $13.6 million, compared to $14.7 millionGross profit of $6.8 million, compared to $7.8 millionGross margin of 49.5%, compared to 53.3%Net income of $1.4 million, or $0.03 per diluted share, versus $2.6

LINDON, Utah, April 24, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, May 9, 2024, at 8:30 a.m. ET to discuss results for its 2024 first quarter ended March 31, 2024. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.  Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question-and-answer period.     Date: Thursday, May 9, 2024 

LINDON, Utah, March 13, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2023. A conference call will be held on Thursday, March 14, 2024, at 8:30 a.m. ET to discuss the results. Full-year Fiscal 2023 Summary Revenue of $58.2 million, a 27% increase from prior yearGross profit of $30.5 million or 52.5% of total revenuesNet income of $10.8 million or $0.22 per diluted shareGenerated EBITDA of $13.2 millionRepurchased 1.2 million

LINDON, Utah, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, March 14, 2024 at 8:30 a.m. ET to discuss results for its 2023 fourth quarter and full fiscal year ended December 31, 2023. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.  Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period.  D

LINDON, Utah, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter ending September 30, 2023. A conference call will be held on Thursday, November 9, 2023 at 8:30 a.m. ET to discuss the results. Third Quarter Summary (comparisons to prior-year quarter) Revenue of $14.8 million, a 16% increaseGross profit of $7.5 million, a 22% increaseGross margin of 50.4%, a 270-basis point increaseNet income of $2.0 million, or $0.04 per diluted share, versus $1.2 million and $0

LINDON,Utah, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, November 9, 2023 at 8:30 a.m. ET to discuss results for its 2023 third quarter ended September 30, 2023. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call. Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period. Date: Thursday, Novembe

LINDON, Utah, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its second quarter ending June 30, 2023. A conference call will be held on Thursday, August 10, 2023, at 8:30 a.m. ET to discuss the results. Second Quarter Summary (comparisons to prior-year quarter) Revenue of $14.4 million, a 50% increaseGross profit of $7.4 million, a 68% increaseGross margin of 51.3%, a 560 basis point increaseNet income of $2.9 million, or $0.06 per diluted share, versus $284,829 and $0.01Generate

LINDON, Utah, July 26, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, August 10, 2023, at 8:30 a.m. ET to discuss results for its 2023 second quarter ended June 30, 2023. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.   Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question-and-answer period.   Date: Thursday, Augus

Company Reports Second-Highest Quarterly Revenue and Best Ever Net Income in Company HistoryAnnounces $2M Share Repurchase Program LINDON, Utah, May 09, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its first quarter ending March 31, 2023. A conference call will be held on Wednesday, May 10, 2023 at 8:30 a.m. ET to discuss the results. First Quarter Summary Revenue of $14.6 million, a 53% increase from prior year quarterGross profit of $7.8 million, a 72% increase compared to 1Q22Gross

LINDON, Utah, April 25, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Wednesday, May 10, 2023 at 8:30 a.m. ET to discuss results for its 2023 first quarter ended March 31, 2023. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.   Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period.     Date: Wednesday, May 10,

LINDON, Utah, March 08, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2022. A conference call will be held on Thursday, March 9, 2023 at 8:30 a.m. ET to discuss the results. Fourth Quarter Summary Revenue of $14.0 million, a 69% increase from prior year quarterGross profit of $6.6 million, a 91% increase compared to the same quarter of 2021Gross margin of 47.0%, a 540 basis point increase from prior year quarterNet Income of $1.

LINDON, Utah, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, March 9, 2023, at 8:30 a.m. ET to discuss results for its fiscal year ended 2022. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.  Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period.     Date: Thursday, March 9, 2023  Time: 8:30 a.m

LINDON, Utah, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter ending September 30, 2022. A conference call will be held on Thursday, November 3, 2022, at 8:30 a.m. ET to discuss the results. Third Quarter Summary Revenue of $12.8 million, an 85% increase from prior-year quarterGross margin improved 280 basis points year-over-year to 47.7%Net income of $1.2 million or $0.02 per diluted shareGenerated EBITDA of $2.4 million1Revenue from strategic diversification ef

LINDON,Utah, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, November 3, 2022 at 8:30 a.m. ET to discuss results for its 2022 third quarter ended September 30, 2022. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.    Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period.     Date: Thursday, Novemb

LINDON, Utah, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today announced, after a preliminary review of its third quarter 2022 results, revenue is estimated to be between $12.5 million and $12.7 million, compared to $9.6 million in the second quarter of 2022. Revenue related to the company's diversification efforts is expected to double on a sequential quarterly basis to approximately $1 million, or roughly 8% of revenue. These revenue estimates, and the finalization of net income, EBITDA, and other financial data

LINDON, Utah, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its second quarter ending June 30, 2022. A conference call will be held on Friday, August 5, 2022, at 8:30 a.m. ET to discuss the results. Second Quarter Summary Revenue of $9.6 million, a 60% increase from prior-year quarterGross margin improved 170 basis points year-over-year to 45.7%Net income of $284,829 or $0.01 per diluted shareGenerated EBITDA of $569,4121Repurchased 451,590 shares of stockNon-Oil and Gas revenue

LINDON,Utah, July 25, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company")  that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Friday, August 5, 2022 at 8:30 a.m. ET to discuss results for its 2022 second quarter ended June 30, 2022. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.   Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period.     Date: Friday, August 5, 2022 

LINDON, Utah, May 03, 2022 (GLOBE NEWSWIRE) --  Profire Energy, Inc. (NASDAQ:PFIE) a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its first quarter ending March 31, 2022. A conference call will be held on Wednesday, May 4, 2022, at 8:30 a.m. ET to discuss the results. First Quarter Summary Revenue of $9.5 million, an 87% increase from prior-year quarterGross margin improved 630 basis points sequentially to 47.9%Net income of $627,161 or $0.01 per diluted shareGenerated EBITDA of $1.0 million1Repurchased 509,631 shares of stock "O

LINDON, Utah, April 21, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Wednesday, May 4, 2022 at 8:30 a.m. ET to discuss results for its 2022 first quarter ended March 31, 2022. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.   Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period.       Date: Wednesday, May 4,

LINDON, Utah, March 08, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2021. A conference call will be held on Wednesday, March 9, 2022 at 8:30 a.m. ET to discuss the results. Fourth Quarter Summary Revenue of $8.3 million, a 47% increase from prior-year quarterGross profit of $3.4 million or 41.6% of total revenuesNet loss of $145,123 or ($0.00) per shareGenerated EBITDA1 of $40,951Repurchased 664,531 shares of stock Ful

LINDON, Utah, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Wednesday, March 9, 2022, at 8:30 a.m. ET to discuss results for its fiscal year ended December 31, 2021. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call. Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period. Date: Wednesday, March 9, 2022 Time:

LINDON, Utah, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter fiscal 2021 ending September 30, 2021. A conference call will be held on Thursday, November 4, 2021 at 1:00 p.m. ET to discuss the results. Third Quarter Summary Revenue increased 15% sequentially and 74% year-over-year to $6.9 millionRealized gross profit of $3.1 millionGross margin increased 90 basis points sequentially to 44.9% of total revenuesNet income improvement of approximately $1 million

LINDON, Utah, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, November 4, 2021 at 1:00 p.m. ET to discuss results for its 2021 third quarter ended September 30, 2021. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call. Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period. Date: Thursday, November 4

LINDON, Utah, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its second quarter fiscal 2021 ending June 30, 2021. A conference call will be held on Thursday, August 5, 2021 at 1:00 p.m. ET to discuss the results. Second Quarter Summary Revenue increased 18.5% sequentially to $6.0 millionRealized gross profit of $2.7 millionGross margin increased 130 basis points sequentially to 44.0% of total revenuesNet loss of ($397,166) or ($0.01) per shareEBITDA improvement of $453,546 year-o

LINDON, Utah, July 29, 2021 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, August 5, 2021 at 1:00 p.m. ET to discuss results for its 2021 second quarter ended June 30, 2021. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call. Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question-and-answer period. Date: Thursday, August 5, 2021Ti

LINDON, Utah, May 05, 2021 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its first quarter fiscal 2021 ending March 31, 2021. A conference call will be held on Thursday, May 6, 2021 at 1:00 p.m. ET to discuss the results. First Quarter Summary Recognized revenue of $5.1 millionRealized gross profit of $2.2 million or 42.7% of total revenuesNet loss of $(601,500) or $(0.01) per shareGenerated $1.8 million of cash flow from operationsCash and liquid investments of $19.4 million while remaining

LINDON, Utah, March 10, 2021 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2020. A conference call will be held on Thursday, March 11, 2021 at 1:00 p.m. ET to discuss the results. Fourth Quarter Summary Recognized revenue of $5.7 millionRealized gross profit of $2.8 million or 48.7% of total revenuesSequential gross margin improvementNet income of $55,918 or $0.00 per diluted shareGenerated $141,723 of cash flow from operations Ful