Whitecap Resources Promotes Joseph Wong to President, Travis Twelt as COO

Earnings Flash (STN) Stantec Posts Q1 Adjusted EPS $1.33 per Share; Net Revenue of $1.7B

Intermap Technologies' Q1 Revenue Falls 67% As Subscription, Data Business Tops 80% Of Sales

Intermap Technologies (IMP.TO) after trade on Wednesday reported a 67% year-over-year drop in its first-quarter revenue as it aims to expand its subscription and data business.Revenue for the quarter ended March 31 fell to US$1.4 million, down from US$4.3 million a year ago.The company said its recurring subscription and data revenue exceeded 80% of total revenue while quarter-end cash balance stood at approximately $18.8 millionIn its 2026 guidance, Intermap reaffirmed $30 million to $35 million in revenue and 28% EBITDA margin.For the first quarter, operating results were affected by the repurchase of dilutive securities, foreign currency and deferred revenue effects. Excluding these items, the company operated near break-even during the quarter.The company noted its pipeline of large government opportunities, including Indonesia and U.S. federal opportunities, is expected to convert into revenue as procurement and contracting processes advance."In the first quarter, we continued to scale our recurring subscription and data business while advancing our government pipeline," said chief executive Patrick Blott. "We continue to maintain readiness for large international deployments, while expanding a funded government pipeline and enterprise adoption of our AI-enabled, data-as-a-service analytics."The company's shares closed up C$0.12 to C$2.00 on the Toronto Stock Exchange.

Birchtech Up 3.7% After Hours as Its Q1 Loss Narrows as Revenue Climbs 32%

Birchtech (BCHT.TO), was last seen up 3.7% in after-hours New York trade after the company on Thursday said its first-quarter loss narrowed as revenue jumped by almost a third.The company lost US$1.3 million, or US$0.06 per share, compared with a loss of US$1.7 million, or US$0.09. The result missed the consensus estimate for a loss of US$0.04 per share, according to FactSet.First quarter revenue jumped 32% to US$4.2 million, from US$3.2 million in the prior-year period. Analysts had expected US$3.8 million. The rise in revenue was primarily due to growth in water-treatment revenue along with higher revenue for Birchtech's air business."The first quarter of 2026 has created a launch pad for the achievements we expect to execute upon this year. With growth in our water business now making an impact on our bottom line with increased revenues, we will continue to see expansion in this area over the next several months," said chief executive Richard MacPherson.Birchtech shares were last seen up US$0.05 to US$1.39 after hours. They closed up $0.02, to $1.84, on the Toronto Stock Exchange.