Just Found ThisFrom a month ago. Just added a few more. GLTA
HAI reported Q4 EPS at $0.08, beating analysts' estimates of $0.045. Revenue declined on a yearly basis by 5.8% coming in at $35.72M but slightly beat estimates of $35.21M. HAI stated that the company believes that the majority of restructuring is complete and has launched plans to repurchase shares, initiating a normal course issuer bid (NCIB). The NCIB is testament to the company believing that current share prices are undervalued. HAI has been approved to buyback or cancel 2.01 million shares or 10% of its public float. Despite the revenue miss, this was a strong quarter from HAI as EPS became positive while the company also recorded significant improvements in margins on a quarterly and yearly basis. Sales are forecasted to be $34.69M in the next quarter while total year sales growth forecast for 2024 is 7.17%. EPS is also expected to be $0.05 for the full year 2024. (5iResearch)