Profire Energy, Inc. (PFIE)

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Profire Energy, Inc. (NasdaqCM: PFIE) to CECO Environmental Corp. (NasdaqGS: CECO). Under the terms of the proposed transaction, shareholders of Profire will receive $2.55 in cash for each share of Profire that they own. KSF is seeking to determine whether this consideration and the process that led to it are.

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 million Gross profit of $8.3 million, compared to $7.5 million Gross 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 $0.04 Generated EBITDA of $3.1 million, versus $2.9 million Cash and investments of $16.9 million with no debt Pending Acquisition and Conference Call Update On October 29, 2024, Profire Energy announced it agreed to be acquired by CECO Environmental in an all cash transaction for $2.55 a share.

NEW YORK , Nov. 3, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Profire Energy, Inc. (NASDAQ: PFIE ), relating to a proposed merger with First CECO Environmental Corp. Under the terms of the agreement, a subsidiary of CECO will commence a tender offer to acquire all issued and outstanding shares of Profire common stock at a price of $2.55 per share.

NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Aerovate Therapeutics, Inc. (NASDAQ: AVTE)'s  merger with Jade Biosciences. Upon closing of the proposed transaction, Aerovate stockholders are expected to own approximately 1.6% of the combined company.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Profire Energy, Inc. (NasdaqCM: PFIE) to CECO Environmental Corp. (NasdaqGS: CECO). Under the terms of the proposed transaction, shareholders of Profire will receive $2.55 in cash for each share of Profire that they own. KSF is seeking to determine whether this consideration and the process that led to it are.

NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Profire Energy, Inc. (NASDAQ: PFIE)'s  sale to CECO Environmental Corp. for $2.55 per share in cash. If you are a Profire shareholder, click here to learn more about your rights and options.

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Profire (Nasdaq: PFIE) for possible breaches of fiduciary duty and other violations of law in its transaction with CECO. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, stockholders of Profire will receive $2.55 per share, in a tender offer transaction with an equity value of approximately $125 million. The transaction agreement unreas.

Advances CECO's Position as the Leading Environmental Solutions Provider in Industrial Markets Advances CECO's Position as the Leading Environmental Solutions Provider in Industrial Markets

Handsome upstream activities are boosting the demand for drilling & production equipment, brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Oil States (OIS), Profire Energy (PFIE), and PEDEVCO (PED).

Profire Energy, Inc. (NASDAQ:PFIE ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Steven Hooser - IR Ryan Oviatt - Co-CEO and CFO Cameron Tidball - Co-CEO Conference Call Participants Rob Brown - Lake Street Capital Markets Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Profire Energy's Quarterly Operating and Financial Performance for the period ended June 30, 2024. I will now turn the call over to Steven Hooser, Investor Relations Consultant at Three Part Advisors, to get the call started.

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.

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.

Handsome upstream activities are improving demand for drilling & production equipment, thereby brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Kodiak Gas Services (KGS), Profire Energy (PFIE), and PEDEVCO (PED).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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LINDON, Utah, May 22, 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 announced the approval of a share buyback program by its Board of Directors. Under this program, Profire Energy is authorized to repurchase up to $2 million of the Company's common stock between now and June 30, 2025.