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Our roundup of Canadian small-caps making news and on the move today.

Questor Technology Inc. (QST-X) posted a 26-per-cent decrease in revenues as its customers looked for "opportunities to reduce costs and defer capital spending" amid the plunge in energy prices. For the three months ended March 31, the oilfield services company generated revenue of $2.4-million, down from $3.2-million in the same period last year. Basic earnings per share declined to $0.02 from $0.032 over the time. "Demand for our products is expected to grow quickly in both the sales and rental businesses," said Audrey Mascarenhas, Questor's CEO. "The market downturn created an opportunity for Questor to add additional talent to the marketing and sales team who will focus on the opportunities in the U.S. and Canada. We have an inventory of units available and have fabrication partners with sufficient capacity to meet new orders."

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Heroux-Devtek Inc. reported Q4 adjusted EPS of 21 cents vs. the expected 19 cents.

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NYX Gaming Group Ltd. (NYX-X) said it has acquired the remaining 50-per-cent interest in Sportech-NYX Gaming, LLC from its joint-venture partner Sportech Games Holdco, LLC for $25.1-million. Of the purchase price, $12.1-million will be satisfied by NYX issuing 2.2-million shares at $5.50 each.

As a result of this acquisition, NYX now wholly-owns SNG. "The acquisition signifies NYX's commitment to further expand its brand presence and customer relationships within North America," the company said.

NYX Gaming also reported revenue of $9.9-million for the first quarter of 2015, up from $5-million in the year earlier period. Gross profit was $8.8-million representing a gross margin of 88.2 per cent, compared to gross profit of $4.3-million representing a gross margin of 85.1 per cent in the first quarter of 2014. The net loss for the quarter was $5-million, or 15 cents per share, up from $1.1-million,  or 4 cents per share, a year ago.

"I am very pleased to report that in our first full quarter of 2015, we have been able to carry forward our growth momentum from last year resulting in a strong start to 2015," said Matt Davey, Chief Executive Officer. "With our proven abilities to identify accretive opportunities, I am confident that our track record of operational and financial success will continue. With our experienced management team, dedicated employees and supportive shareholders we are able to position ourselves for future growth."

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Kelowna, B.C.-based QHR Corp. (QHR-X), which operates in the healthcare information technology sector, reported year-over-year revenue growth of 10 per cent to $7.6-million for the first quarter of 2015 -- which matched analyst estimates -- compared to $6.9-million in the year-earlier period. Adjusted EBITDA was $700,000, down from $1-million a year ago.

The loss from continuing operations was 2 cents per share, compared with nil a year ago. Recurring revenue run rate rose 18 per cent to $24.8-million at the end of the first quarter compared to $21-million a year ago.

QHR also announced that its wholly owned subsidiary QHR Technologies Inc. has entered into a binding agreement to purchase all of the healthcare assets of Jonoke Software Development Inc., including its proprietary Electronic Medical Record software and its clients.

"The all-cash purchase price is tied to an earn-out paid over a period of time during which QHR and Jonoke will be working together to transition Jonoke's clients to QHR's AccuroEMR system. The earn-out is estimated to be under $500,000 over a three-year period," the company said.

Jonoke is a privately owned company based in Edmonton with a current client base of over 750 physicians located in Alberta, Manitoba and Ontario which currently generates about $1-million in annual support revenues for the Jonoke products.  QHR intends to transition these clients to its Accuro platform and, in an effort to ensure a smooth transition and maintain customer support, QHR has offered to employ six of Jonoke's employees.

The company said it expects that with the existing Jonoke revenue, this acquisition will be accretive to QHR's earnings in the third quarter of this year.

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Washington, D.C.-based Cricket Media Group Ltd. (CKT-X), an education media company and global social learning network, reported revenue of $3.8-million (U.S.) for the first quarter, down from $4.3-million a year ago. The loss from continuing operations was $1.2-million, or 4 cents per share, down from $3.1-million, or 25 cents per share, a year ago.

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