FIRAN TECHNOLOGY GROUP FTGFF overview

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (“FTG” or the “Corporation”) today announced the results of its annual general meeting of shareholders (“AGM”), held in Toronto, Ontario on April 12, 2024. The Corporation reports that five of the director nominees listed in its management information circular dated February 22, 2024, were elected as directors of FTG. The detailed results of the vote for the election of directors of FTG are set...

TORONTO, April 11, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results from its first quarter of 2024. First quarter bookings of $37.5M were up 14% over Q1 2023. FTG first quarter revenues of $35.0M were up 42% over Q1 2023. FTG achieved Adjusted Net Earnings in Q1 2024 of $1.1M. FTG achieved Adjusted EBITDA of $4.6M, which was up 42% over Q1 2023. Business Highlights During Q1 2024, the Corporation has continued to invest in technology in...

TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the first quarter 2024 financial results after the market closes on Thursday, April 11, 2024. The Corporation will host a live conference call on Friday, April 12, 2024, at 8:30am (Eastern) to discuss the first quarter 2024 financial results. Anyone wishing to participate in the call should dial 289-514-5100 or 1-800-717-1738, Conference ID 34553, and identify that you are calling to...

TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results for the full year and fourth quarter of 2023. Full year bookings were $149.5M, up 32% over 2022. Fourth quarter bookings of $39.0M were up 9% sequentially and up 22% year-over-year. FTG full year revenues increased by 51% to $135.2M, including $22.9M from acquisitions. FTG achieved Adjusted EBITDA for the full year of $19.4M (2022 - $8.8M), and $6.0M for Q4 2023 (Q4 2022 -...

TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the full year and fourth quarter 2023 financial results after the market closes on Wednesday, February 7, 2024. The Corporation will host a live conference call on Thursday, February 8, 2024, at 8:30am (Eastern) to discuss the full year and fourth quarter 2023 financial results. Anyone wishing to participate in the call should dial 1-416-764-8658 or 1-888-886-7786, Conference ID 71906148, and...

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG) is pleased to announce a new contract with its represented employees at its Aerospace – Toronto facility has been negotiated and ratified. The contract has a four-year term and expires in August 2027. The contract recognizes the strong demand at that site, the commitment to continuous improvement by everyone, as well as the external environment impacting the corporation and its employees. With the...

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG) announced that the Corporation’s hourly employees at FTG Aerospace – Toronto, represented by Local 303 of Unifor Canada, have commenced a strike as of 12:00 am today, following rejection of a tentative agreement reached earlier between the Corporation and the hourly employees’ representatives. The previous contract between the Corporation and the hourly employees of FTG Aerospace – Toronto expired in...

TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results for the third quarter of 2023. Third quarter bookings of $35.7M were up 28% over Q3 2022. FTG third quarter revenues of $36.6M were up 59% over Q3 2022, as FTG ramps up production to meet customer demand. Revenue included $9.2M from the newly acquired Circuits sites. FTG achieved Net Earnings in Q3 2023 of $1.3M, which was up $0.6M from Q2 2022. Net debt on the balance sheet...