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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Q1 2026 Financial Highlights ( 1) : Revenues of $762.0 million Gross Margin at 17.0% EBITDA ( 2 ) amounted to $68.1 million Net Earnings amounted to $23.9 million Quarterly dividend of $0.14 per share declared ( 4 ) VANCOUVER, British Columbia, May 08, 2026 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. ("Doman" or "the Company") (TSX: DBM ) announced today its first quarter 2026 financial results ( 1) for the period ended March 31, 2026. For the three-month period ended March 31, 2026 (1) , consolidated revenues totaled $762.0 million, compared to $793.2 million in 2025, largely due to the impact of decreases in pricing on a year-over-year basis across certain construction materials categories. The Company's sales by product group in the period were made up of 83% construction materials, with the remaining balance resulting from specialty and allied products of 14%, and other sources of 3%. Gross margin dollars amounted to $129.5 million in 2026, versus $132.5 million in 2025. Gross margin percentage increased to 17.0% during the quarter, when compared to 16.7% in 2025. EBITDA ( 2 ) amounted to $68.1 million, compared to EBITDA of $70.0 million. Net earnings for the three-month period ended March 31, 2026, were $23.9 million versus $23.6 million in the comparative period in 2025. The Company declared a $0.14 per share (4) dividend, which was paid on April 15, 2026, to shareholders of record at the close of business on March 31, 2026. "Despite year-over-year lower pricing for SPF, OSB and plywood product categories, I am pleased with our top-line performance, while our focus on cost management allowed us to deliver strong gross margin and ultimately a good start to the year at the EBITDA and net earnings lines," commented Amar S. Doman, Chairman of the Board. "While we saw some stability in pricing in the US in the first quarter, the overall picture driven by macro trends remains volatile, and uncertainty exists moving forward into 2026." Reconciliation of Net Earnings to Earnings before Interest, Tax, Depreciation and Amortization (EBITDA): Three months ended March 31, 2026 2025 (in thousands of dollars) $ $ Net earnings 23,924 23,558 Provision for income taxes 3,333 2,600 Finance costs 16,649 19,372 Depreciation and amortization Full story available on Benzinga.com
Smith Micro Software, Inc. (Nasdaq: SMSI) announced the filing of a resale registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) solely to register for resale shares of common stock underlying securities previously issued in Company financing transactions completed and disclosed in 2025 and 2026. No additional securities are being issued by the Company at this time, and stockholders will not experience any dilution as a result of this filing. The registration
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Pitt County Sheriff Paula Dance says her agency needs an additional $5.4 million in part to fund 16 positions to accommodate the expected workload created by a law passed after the killing of a Charlotte woman on a commuter train...
Cross Country Healthcare (NASDAQ:CCRN – Get Free Report)‘s stock had its “hold” rating restated by research analysts at Benchmark in a research note issued to investors on Friday,Benzinga reports. Several other equities research analysts have also recently issued reports on the stock. Citigroup cut shares of Cross Country Healthcare from a “market outperform” rating to [...]
Airbnb (NASDAQ:ABNB – Get Free Report) had its price target raised by equities research analysts at Citigroup from $155.00 to $175.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective points to a potential upside of 23.76% from the company’s current price. ABNB [...]
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The cryptocurrency market recently experienced a notable downturn, with leading digital assets Bitcoin and Ethereum registering declines. This market movement followed closely on the heels of the US Federal Reserve’s decision to maintain interest rates at their current levels. Despite widespread anticipation regarding the Fed’s stance, the crypto landscape reacted with a cautious retraction, highlighting [...] The post Bitcoin & Ethereum Dip: Unpacking the Fed’s Steady Rate Decision Impact on Crypto appeared first on NewsDIO .
Nearly 1,000 developers competed at the venue, from ecosystems like Base, Solana, and others arriving from companies like Microsoft and Google, most racing to build products around the theme of AI agents.
Bitwise CIO Matt Hougan has declared the traditional fiat monetary system "dead," a claim underscored by institutional data showing Bitcoin aggressively replacing gold as the world’s premier "debasement trade".