Velan Inc.

Equities

VLN

CA9229321083

Industrial Machinery & Equipment

Delayed Toronto S.E. Other stock markets 01:30:17 2024-04-26 pm EDT			5-day change	1st Jan Change
5.65 ^CAD	-2.25%		+0.18%	+5.41%

Apr. 25	Velan Inc. Appoints Daniel Desjardins as Independent Director	CI
Feb. 05	Velan Appoints its Board Chair and Interim Chief Executive as its Permanent CEO	MT

Velan Inc. Reports Earnings Results for the First Quarter Ended May 31, 2021

July 13, 2021 at 01:17 pm EDT

Velan Inc. announced earnings results for the first quarter ended May 31, 2021. For the first quarter, the company announced sales was USD 74.529 million compared to USD 76.653 million a year ago. Operating loss was USD 3.906 million compared to USD 475,000 a year ago. Net loss was USD 5.073 million compared to USD 1.886 million a year ago.

Latest news about Velan Inc.

Velan Inc. Appoints Daniel Desjardins as Independent Director	Apr. 25	CI
Velan Appoints its Board Chair and Interim Chief Executive as its Permanent CEO	Feb. 05	MT
Velan Brief: James Mannebach Appointed as CEO of Velan	Feb. 05	MT
Velan Inc. Appoints James Mannebach as CEO	Feb. 05	CI
Avenue Supermarts Opens Two New Stores	Jan. 17	MT
Velan Swings to Loss in Fiscal Q3, Sales Drop; Down 3.6%	Jan. 12	MT
Transcript : Velan Inc., Q3 2024 Earnings Call, Jan 12, 2024	Jan. 12
Velan Swings to Loss in Fiscal Q3, Sales Drop	Jan. 12	MT
North American Morning Briefing : Stock Futures Waver Ahead of Bank-Earnings Bonanza	Jan. 12	DJ
Velan Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2023	Jan. 11	CI
North American Morning Briefing : Focus Fixed on -2-	Jan. 11	DJ
14714750 Canada Inc. cancelled the acquisition of Velan Inc. from Velan Holding Co. Ltd., Kernwood Limited and others.	23-10-24	CI
North American Morning Briefing : Stock Futures -2-	23-10-13	DJ
James Mannebach Appointed as interim CEO of Velan; Bruno Carbonaro Resigned, Rishi Sharma Promoted	23-10-11	MT
Velan Brief: James Mannebach Appointed as interim CEO; Bruno Carbonaro resigns as President, CEO and director; Rishi Sharma Promoted to Chief Financial and Administrative Officer	23-10-11	MT
Velan Inc. Announces Chief Executive Officer Changes	23-10-11	CI
Velan Inc. Announces Executive Changes	23-10-11	CI
Velan Inc. Promotes Mr. Rishi Sharma as Chief Financial Officer	23-10-11	CI
Transcript : Velan Inc., Q2 2023 Earnings Call, Oct 06, 2023	23-10-06
France blocks US takeover of Canada-owned French nuclear valve makers	23-10-06	RE
Velan's Fiscal Q2 Loss Narrows, Sales Falls	23-10-06	MT
North American Morning Briefing : Investors Await the All-Important Jobs Report	23-10-06	DJ
Velan Inc. Reports Earnings Results for the Second Quarter and Six Months Ended August 31, 2023	23-10-05	CI
Flowserve Says French Government Rejects Velan Acquisition	23-10-05	MT
Velan, Flowserve Extend Outside Date Of Agreement To Oct. 7	23-09-01	MT

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Company Profile

Velan Inc. is a Canada-based manufacturers of industrial valves. The Company designs, manufactures and markets a range of industrial valves for use in industry applications, including power generation, oil and gas, refining and petrochemicals, chemicals, liquid natural gas and cryogenics, pulp and paper, geothermal processes and shipbuilding. Its products include Quarter-turn valves, Gate, globe, and check valves, Cryogenic valves, HF Acid valves, Steam traps, Bellows seal valves and Velan ABV Valves. Its services include research and development, maintenance manuals (IOMs), spare parts and service locations. The North American operations comprising two manufacturing plants in Canada, as well as one manufacturing plant and one distribution facility in the United States. Its overseas operations include manufacturing plants in France, Italy, Portugal, Korea, Taiwan, India, and China. The Companyâs operations also include a sales operation in Germany.

Sector

Industrial Machinery & Equipment

Calendar

2024-05-15 - Q4 2024 Earnings Release (Projected)

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Income Statement Evolution

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Sector Industrial Valve Manufacturing

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Industrial Valve Manufacturing