OTC Markets OTCPK - Delayed Quote ? USD Velan Inc. (VLNSF) Follow Compare 8.48 0.00 (0.00%) As of November 7 at 3:00 PM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Velan Inc (VLNSF) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ... Velan Inc (VLNSF) reports a 22.8% revenue increase and secures key agreements, despite facing margin pressures and geopolitical risks. GuruFocus.com ? 27 days ago VLNSF 0.00% Update: Velan Surges 12% as It Swings to an Adjusted Profit in Fiscal Q2 Update: Velan Surges 12% as It Swings to an Adjusted Profit in Fiscal Q2 PREMIUM MT Newswires ? 28 days ago VLNSF 0.00% Velan Swings to Adjusted Net Income in Fiscal Q2 Velan Swings to Adjusted Net Income in Fiscal Q2 PREMIUM MT Newswires ? 28 days ago VLNSF 0.00% Velan Inc. Reports Second Quarter Results for Fiscal 2025 Solid execution on strong order backlog1 and sustained momentum in bookings1 driven by robust demand from clean energy marketsMONTREAL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its second quarter ended August 31, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise. SECOND-QUARTER HIGHLIGHTS AND RECENT EVENTS Strong order backlog of $548.1 mill GlobeNewswire ? 28 days ago VLNSF 0.00% Velan Secures Main Services Agreement for North America's First Small Modular Reactor Project Velan Secures Main Services Agreement for North America's First Small Modular Reactor Project PREMIUM MT Newswires ? 29 days ago VLNSF 0.00% Velan Inc. Secures Main Services Agreement for North America's First Small Modular Reactor Project MONTREAL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, has been selected as a supplier by GE Hitachi Nuclear Energy (GEH) for Ontario Power Generation’s historic Darlington New Nuclear Project, the first Small Modular Reactor (SMR) initiative in North America. Earlier this month, Velan announced the signing of a Main Services Agreement (“MSA”) with GEH. Under the agreement, GEH placed an initial purchase or GlobeNewswire ? 29 days ago VLNSF 0.00% Velan Inc. Announces Strike at Williston, Vermont Location MONTREAL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves announced today that union members at its Williston, Vermont plant have voted down the three-year collective agreement negotiated and signed in September. The collective agreement that the parties had sought to renew had been in effect since October 1, 2021. Following this vote on Saturday, October 5, 2024, the union subsequently voted to strike, with im GlobeNewswire ? last month VLNSF 0.00% Velan Inc.: Announcement MONTREAL, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) announced today that, on Thursday, October 10, 2024, it will release its financial results for the second quarter ended August 31, 2024. The company will hold an analyst call on Friday, October 11, 2024, at 8:00 a.m. (EDT) to discuss the results. To instantly join the conference call by phone, please use the following link to easily register close to the call start time. After registering, the system will call you instantly and c GlobeNewswire ? last month VLNSF 0.00% Velan Inc. Signs Main Services Agreement With GEH SMR Technologies Canada Ltd. MONTREAL, Sept. 02, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today that it has entered into a Main Services Agreement (“MSA”) with GEH SMR Technologies Canada Ltd. (“GEH”) to provide certain products and services that may be required by GEH for the provision of a stand-alone Small Modular Reactor (“SMR”) to Ontario Power Generation Inc. Under the terms of the MSA, GEH has placed an initial purchase ord GlobeNewswire ? 2 months ago VLNSF 0.00% Velan Inc. Reports First Quarter Results for Fiscal 2025 Strong sales, margin and profitability gains year-over-year combined with growing order backlog1MONTREAL, July 11, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its first quarter ended May 31, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise. FIRST-QUARTER HIGHLIGHTS AND RECENT EVENTS Order backlog of $528.3 million, up $36.8 million from the beginning o GlobeNewswire ? 3 months ago VLNSF 0.00% VELAN ANNOUNCES ELECTION OF DIRECTORS Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 16, 2024, was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 11, 2024, in Montréal, Québec. CNW Group ? 3 months ago VLNSF 0.00% Velan Reaches a $50-Million Agreement to Supply Valves and Services to Bruce Power Velan Reaches a $50-Million Agreement to Supply Valves and Services to Bruce Power PREMIUM MT Newswires ? 3 months ago VLNSF 0.00% Bruce Power signs 10-year Alliance Agreement with Velan Inc. for Valve supply and related service work MONTREAL, July 08, 2024 (GLOBE NEWSWIRE) -- Bruce Power has signed a $50-million alliance agreement with Velan Inc. (TSX: VLN) to provide valves and valve support over the next 10 years. As Bruce Power and Velan work collaboratively together on the execution plans and if all options and new projects are firmed, the value of the agreement can reach up to $100M. Velan, a Canadian company that is a world-leader in valves, will provide nuclear and non-nuclear valves, as well as refurbishment and tec GlobeNewswire ? 3 months ago VLNSF 0.00% CORRECTION – Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results Strong new order inflow and higher backlog1 entering fiscal 2025MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, May 16, 2024 by Velan Inc. (TSX: VLN), please note that the conference call access information has been updated. The toll-free call-in number should be 1-800-836-8184, not 1-888-660-6345 or 1-289-819-1450. The corrected release is as follows: Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial GlobeNewswire ? 5 months ago VLNSF 0.00% Velan Q4 Loss Narrows as Sales, Bookings Increase; Provides Outlook Velan Q4 Loss Narrows as Sales, Bookings Increase; Provides Outlook PREMIUM MT Newswires ? 5 months ago VLNSF 0.00% Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results Strong new order inflow and higher backlog1 entering fiscal 2025MONTREAL, May 16, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fourth quarter and fiscal year ended February 29, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise. FOURTH QUARTER HIGHLIGHTS: Bookings1 of $132.8 million, up sharply from $87.1 million last year and $78.3 million in the GlobeNewswire ? 5 months ago VLNSF 0.00% Daniel Desjardins is appointed as a director of Velan Velan Inc. ("Velan") (TSX: VLN) today announces that its Board of Directors has appointed Mr. Daniel Desjardins as an independent director of Velan. CNW Group ? 6 months ago VLNSF 0.00% James Mannebach is appointed as CEO of Velan MONTREAL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announces that its board of directors has appointed Mr. James Mannebach as CEO of Velan. Mr. Mannebach is the Chair of the Board of Directors of Velan and was previously the interim CEO. “We believe it’s in Velan’s best interests for Mr. Mannebach to be confirmed as CEO. Mr. Mannebach has demonstrated he has all the qualities required to lead Velan into the next stage of its evolution” commented Mr. Tom Velan, Chai GlobeNewswire ? 8 months ago VLNSF 0.00% Velan Inc. Reports Its Fiscal 2024 Third Quarter Financial Results MONTREAL, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2023. All amounts are expressed in U.S. dollars unless indicated otherwise. THIRD QUARTER RESULTS: Sales of $80.9 million, down $14.3 million or 15.0% compared to last year, but up $0.6 million or 0.8% from the second quarter of the current fiscal year.Gross profit of $16.4 million, or GlobeNewswire ? 9 months ago VLNSF 0.00% Performance Overview Trailing total returns as of 11/8/2024, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return VLNSF S&P/TSX Composite index YTD +107.33% +18.07% 1-Year +102.16% +26.41% 3-Year +21.02% +15.33%
