Profire Energy INC

Profire Energy has been acquired by CECO Environmental for approximately $118 million, resulting in the company's delisting from the NASDAQ stock exchange.

Profire Energy reports its highest ever quarterly revenue of $17.2 million for Q3 2024, alongside a pending acquisition by CECO Environmental.

CECO Environmental Corp. will acquire Profire Energy, Inc. in a two-step all-cash transaction valued at approximately $125 million, aimed at expanding CECO's environmental solutions in industrial markets.

Profire Energy announced its second quarter 2024 financial results, highlighted by the second-highest quarterly revenue in the company's history.

Profire Energy's annual meeting saw the election of five directors, approval of executive compensation, and ratification of the company's auditor.

Profire Energy's Board of Directors has authorized a share repurchase program of up to $2 million, signaling confidence in the company's financial position and future prospects.

Profire Energy's Q3 2024 results show a 15% revenue increase year-over-year, driven by diversified revenue streams, while also announcing a merger agreement with CECO Environmental Corp.

Profire Energy's second quarter 2024 results show a slight revenue increase but a decrease in net income compared to the same period last year, influenced by oil price fluctuations and increased operating expenses.

Profire Energy's first quarter 2024 results show a decrease in revenue and profitability compared to the same period last year, primarily due to lower natural gas prices and reduced rig counts in North America.

Profire Energy Inc. saw a 27% increase in total revenue in 2023, driven by improved customer demand and strategic diversification, despite a significant drop in oil prices.

Director Colleen Larkin Bell sold 345,187 shares of Profire Energy Inc. common stock at $2.55 per share as part of a tender offer by Combustion Merger Sub, Inc.