CALGARY, June 27, 2019 /CNW/ – Pason Systems Inc. (TSX: PSI) intends to release its 2019 second quarter results after the markets close on Thursday, August 8, 2019.

Pason will be conducting a conference call for interested analysts, brokers, investors, and media representatives to review its 2019 second quarter results at 9:00 am (Calgary time) on Friday, August 9, 2019. The conference call dial-in number is 1-888-231-8191 or 1-647-427-7450. You can access the seven-day replay by dialing 1-855-859-2056 or 1-416-849-0833, using password 4267944.

An archived audio webcast of the conference call will also be available on … Continue Reading

CALGARY, May 3, 2019 /CNW/ – Pason Systems Inc. (TSX: PSI) announced the director election results from its 2019 annual general meeting of shareholders held on May 2, 2019. The following five nominees were elected as directors of Pason Systems Inc. to hold office until the next annual meeting of shareholders of Pason Systems Inc. or until their successors are elected or appointed:

Nominee

Votes For

Percent

Votes Withheld

Percent

James D. Hill

63,010,929

85.76

10,463,914

14.24

James B. Howe

69,640,631

94.78

3,834,212

5.22

Marcel Kessler

73,229,885

99.67

244,958

0.33

T. Jay Collins

72,880,036

99.19

594,807

0.81

Judi … Continue Reading

CALGARY, May 1, 2019 /CNW/ – Pason Systems Inc. (TSX: PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of eighteen cents (C$0.18) per share on the company’s common shares. The dividend will be paid on June 28, 2019 to shareholders of record at the close of business on June 14, 2019.

Pursuant to the Canadian Income Tax Act, dividends paid by the Company to Canadian residents are considered to be “eligible” dividends.

Pason Systems Inc.
Pason Systems Inc. … Continue Reading

CALGARY, May 1, 2019 /CNW/ – Pason Systems Inc. (TSX:PSI) announced today its 2019 first quarter results.

Performance Data

Three Months Ended March, 31

2019

2018

Change

(CDN 000s, except per share data)

($)

($)

(%)

Revenue

82,143

73,813

11

EBITDA (1)

40,435

32,220

25

Adjusted EBITDA (1)

40,641

34,753

17

As a % of revenue

49.5

47.1

240bps

Funds flow from operations

35,899

33,958

6

Per share – basic

0.42

0.40

5

Per share – diluted

0.42

0.40

5

Cash from operating activities

8,442

24,344

(65)

Capital expenditures

10,317

5,797

78

Free cash flow (1)

385

18,906

(98)… Continue Reading

CALGARY, April 11, 2019 /CNW/ – Pason Systems Inc. (TSX: PSI) intends to release its 2019 first quarter results after the markets close on Wednesday, May 1, 2019.

Pason will be conducting a conference call for interested analysts, brokers, investors, and media representatives to review its 2019 first quarter results at 9:00 am (Calgary time) on Thursday, May 2, 2019. The conference call dial-in number is 1-888-231-8191 or 1-647-427-7450. You can access the seven-day replay by dialing 1-855-859-2056 or 1-416-849-0833, using password 2799989.

An archived audio webcast of the conference call will also be available on … Continue Reading

CALGARY, Feb. 26, 2019 /CNW/ – Pason Systems Inc. (TSX: PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of eighteen cents (C$0.18) per share on the company’s common shares. The dividend will be paid on March 29, 2019 to shareholders of record at the close of business on March 15, 2019.

Pursuant to the Canadian Income Tax Act, dividends paid by the Company to Canadian residents are considered to be “eligible” dividends.

Pason Systems Inc.
Pason Systems Inc. … Continue Reading

CALGARY, Feb. 26, 2019 /CNW/ – Pason Systems Inc. (TSX:PSI) announced today its 2018 fourth quarter results.

Performance Data

Three Months Ended December 31,

Year Ended December 31,

2018

2017

Change

2018

2017

Change

(CDN 000s, except per share data)

($)

($)

(%)

($)

($)

(%)

Revenue

81,965

66,226

24

306,393

245,643

25

Net Income

20,720

5,014

313

62,944

25,190

150

Per share – basic

0.24

0.06

310

0.74

0.30

148

Per share – diluted

0.24

0.06

309

0.73

0.30

147

EBITDA (1)

38,803

26,651

46

139,270

96,663

44

As a % of revenue

47.3

40.2

710bps

45.5… Continue Reading

HOUSTON, Jan. 22, 2019 /CNW/ — Pason Power announced today that its Intelligent Energy Management System (iEMS)™ has been selected to provide autonomous control for the Eguana Technologies Elevate energy storage system.  Pason Power’s Intelligent EMS combines machine learning with real-time and historical data to optimize the value streams captured by Eguana’s Elevate, an energy storage system for commercial and industrial energy storage applications.

“With the integration of Pason Power’s Intelligent EMS into our Elevate products we now offer our Commercial and Industrial (C&I) storage customers a powerful way to perform financial modeling based on actual equipment performance,” said … Continue Reading

CALGARY, Jan. 17, 2019 /CNW/ – Pason Systems Inc. (TSX: PSI) intends to release its 2018 fourth quarter and year-end results after the markets close on Tuesday, February 26, 2019.

Pason will be conducting a conference call for interested analysts, brokers, investors, and media representatives to review its 2018 fourth quarter and year-end results at 9:00 am (Calgary time) on Wednesday, February 27, 2019. The conference call dial-in number is 1-888-231-8191 or 1-647-427-7450. You can access the seven-day replay by dialing 1-855-859-2056 or 1-416-849-0833, using password 1343209.

An archived audio webcast of the conference call will … Continue Reading

CALGARY, Dec. 13, 2018 /CNW/ – Pason Systems Inc. (TSX: PSI) announced that the Toronto Stock Exchange (“TSX”) has accepted Pason’s Notice of Intention to commence a normal course issuer bid (the “NCIB”).

Under the NCIB, Pason may purchase for cancellation, from time to time, as Pason considers advisable, up to a maximum of 6,556,292 common shares of Pason (“Common Shares”), which represents 10% of the public float of 65,562,924 Common Shares as at December 11, 2018. Purchases of Common Shares will be made on the open market through the facilities of the TSX and through a variety … Continue Reading

CALGARY, Nov. 7, 2018 /CNW/ – Pason Systems Inc. (TSX: PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of eighteen cents (C$0.18) per share on the company’s common shares. The dividend will be paid on December 31, 2018 to shareholders of record at the close of business on December 14, 2018.

Pursuant to the Canadian Income Tax Act, dividends paid by the Company to Canadian residents are considered to be “eligible” dividends.

Pason Systems Inc.
Pason Systems Inc. … Continue Reading

CALGARY, Nov. 7, 2018 /CNW/ – Pason Systems Inc. (TSX: PSI) announced today its 2018 third quarter results.

Performance Data

Three Months Ended September 30,

Nine Months Ended September 30,

2018

2017
(Restated)

Change

2018

2017
(Restated)

Change

(CDN 000s, except per share data)

($)

($)

(%)

($)

($)

(%)

Revenue

82,344

64,576

28

224,428

179,417

25

Net Income (1)

24,386

7,404

229

42,224

20,176

109

Per share – basic (1)

0.29

0.08

228

0.50

0.24

106

Per share – diluted (1)

0.28

0.08

227

0.49

0.24

105

EBITDA (2)

44,633

25,493

75

100,467

70,012

43

As a % … Continue Reading