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Month: August 2020

Reykjavik Energy – Green Bond Private Placement

Today, August 5th 2020, Reykjavik Energy (OR) sold new bonds in the Green Bond series OR180255 GB. The new issue amounted to ISK 2,500 million nominal value and the bonds were sold at a yield of 1.23%.Fossar Markets managed the process on behalf of OR.For further information please contact:Ingvar Stefánsson, CFO, tel: +354 516 6100email: ingvar.stefansson@or.is Matei Manolescu, Markets, Fossar Markets, tel: +354 522 4008, email: matei.manolescu@fossarmarkets.com

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Orkuveita Reykjavíkur: Stækkun á OR180255 GB

Orkuveita Reykjavíkur lauk í dag, 05. ágúst 2020, stækkun á skuldabréfaflokknum OR180255 GB. Gefin voru út skuldabréf að nafnverði kr. 2.500 milljónir og seld á ávöxtunarkröfunni 1,23%.Fossar markaðir hafa umsjón með útgáfu og sölu skuldabréfanna sem og töku þeirra til viðskipta á markaði Nasdaq á Íslandi með sjálfbær skuldabréf.Nánari upplýsingar veita: Ingvar Stefánsson, framkvæmdastjóri Fjármála OR, sími 516-6100, netfang: ingvar.stefansson@or.isMatei Manolescu, Fossar markaðir, sími 522 4008, netfang: matei.manolescu@fossarmarkets.com

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Orion Q1 Revenue Declined to $10.8M on COVID-19 Related Customer Delays; Resumption of New and Existing Large National Account Projects Provides Improved Outlook; Investor Call Today at 10am ET

MANITOWOC, Wis., Aug. 05, 2020 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), is a provider of LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls and IoT systems, ongoing system maintenance and program management, helping customers to digitize their business and reduce their carbon footprint. Today Orion reported results for its FY 2021 first quarter (Q1’21) ended June 30, 2020. Orion will hold an investor call today at 10:00 a.m. ET (9:00 a.m. CT) to review its results and outlook (call details below).HighlightsQ1’21 revenue decreased to $10.8M from $42.4M in Q1’20, reflecting temporary COVID-19 related project suspensions and delays in new project starts in the recent period, versus significant major account activity in the year...

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Liquidia Releases Exploratory Endpoint Data from INSPIRE Study at the American Thoracic Society (ATS) Annual Meeting

RESEARCH TRIANGLE PARK, N.C., Aug. 05, 2020 (GLOBE NEWSWIRE) — Liquidia Technologies, Inc. (NASDAQ: LQDA), a late-stage clinical biopharmaceutical company focused on the development and commercialization of novel products using its proprietary PRINT® technology, announced that exploratory endpoint data from the INSPIRE study evaluating LIQ861 in patients with pulmonary arterial hypertension (PAH) was released today through a virtual presentation at the American Thoracic Society (ATS) Annual Meeting.LIQ861 is an investigational, inhaled dry powder formulation of treprostinil designed and engineered using Liquidia’s novel PRINT technology with the goal of enhancing deep-lung delivery of treprostinil in PAH patients by means of a convenient, palm-sized dry powder inhaler.The data from the INSPIRE study were made available via a prerecorded...

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Avista Corp. Reports Financial Results for Second Quarter and Year-to-Date 2020, and Confirms 2020 Earnings Guidance

SPOKANE, Wash., Aug. 05, 2020 (GLOBE NEWSWIRE) — Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $17.5 million, or $0.26 per diluted share for the second quarter of 2020, compared to $25.3 million, or $0.38 per diluted share for the second quarter of 2019. For the six months ended June 30, 2020, net income attributable to Avista Corp. shareholders was $65.9 million, or $0.98 per diluted share, compared to $141.1 million, or $2.14 per diluted share for the six months ended June 30, 2019.“Avista continues to actively monitor and manage through the COVID-19 pandemic. Avista is still working hard to define what the ‘new normal’ looks like – for our business, our employees, our customers, and our communities. We’ve developed new policies, procedures, and protocols to meet various...

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CDW Reports Second Quarter 2020 Earnings

Reinforces Power of Business Model and StrategyLINCOLNSHIRE, Ill., Aug. 05, 2020 (GLOBE NEWSWIRE) — CDW Corporation (Nasdaq:CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced second quarter 2020 results. CDW also announced the approval by its Board of Directors of a quarterly cash dividend to be paid in September 2020.“This quarter, our financial results reflected variances across our diversified customer end markets directly related to the impact of the COVID-19 pandemic,” said Christine A. Leahy, chief executive officer, CDW.  “I am extremely proud of our dedicated coworkers, who continued to meet the needs of our customers amidst unprecedented circumstances.  Customer priorities included remote...

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United Fire Group, Inc. Reports Second Quarter 2020 Results

CEDAR RAPIDS, Iowa, Aug. 05, 2020 (GLOBE NEWSWIRE) — United Fire Group, Inc. (Nasdaq: UFCS),Consolidated Financial Results – Highlights(1):United Fire Group, Inc. (the “Company” or “UFG”) (Nasdaq: UFCS) today reported consolidated net income, including net realized investment gains and losses and changes in the fair value of equity securities, of $6.0 million ($0.24 per diluted share) for the three-month period ended June 30, 2020 (the “second quarter of 2020”), compared to consolidated net loss of $4.2 million ($0.17 per diluted share) for the same period in 2019. For the six-month period ended June 30, 2020 (“year-to-date”), consolidated net loss, including realized investment gains and losses and changes in the fair value of equity securities, was $66.6 million ($2.66 per...

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Amplify Energy Announces Second Quarter 2020 Results and Liquidity Enhancement Initiatives Update

HOUSTON, Aug. 05, 2020 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the second quarter of 2020 and provided an update regarding its liquidity enhancement initiatives announced in the first quarter of 2020 earnings press release.Key HighlightsUpdate on Liquidity Enhancement Initiatives:Reduced operating expenses quarter-over-quarter by approximately $8 million, exceeding original expectations of $4 to $5 millionReduced recurring cash general and administrative (“G&A”) expenses quarter-over-quarter by approximately $2.5 millionReduced 2020 capital spending plan by more than $8 million and expects full year capital spend of approximately $28 millionFinalized Beta royalty relief process that is expected to generate approximately $7 million...

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Broadwind Announces Second Quarter 2020 Results

CICERO, Ill., Aug. 05, 2020 (GLOBE NEWSWIRE) — Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2020.2Q20 HIGHLIGHTSTotal revenue of $54.9 million (+33% y/y)Total gross margin of 9.9% (+40 bps y/y)Total net income of $0.5 million, or $0.03 per basic shareTotal non-GAAP adjusted EBITDA of $2.9 million (+50% y/y)Total cash and availability of $21.9 million (+$13.8 million y/y)For the three months ended June 30, 2020, the Company reported total sales of $54.9 million, an increase of 33.4% when compared to the prior-year period.  Broadwind reported net income of $0.5 million, or $0.03 per basic share in the second quarter 2020, compared to a net loss of ($1.0) million, or ($0.06) per basic share, in the second...

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