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Day: February 1, 2021

Arcutis Biotherapeutics Announces Proposed Public Offering of Common Stock

WESTLAKE VILLAGE, Calif., Feb. 01, 2021 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (“Arcutis”) (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or immuno-dermatology, today announced the commencement of an underwritten public offering of $150.0 million of shares of its common stock. All of the shares in the offering are being sold by Arcutis. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the offering. In addition, Arcutis intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in...

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Woodward Reports First Quarter Fiscal Year 2021 Results

FORT COLLINS, Colo., Feb. 01, 2021 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ:WWD) today reported financial results for its first quarter of fiscal year 2021. (All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated.)First Quarter OverviewNet sales were $538 million, compared to $720 million, a decrease of 25 percent.Net earnings and adjusted net earnings1 were both $42 million, or $0.64 per share. For the first quarter of fiscal 2020, net earnings were $53 million, or $0.83 per share, and adjusted net earnings were $71 million, or $1.10 per share.Net cash provided by operating activities was $147 million compared to $27 million. Free cash flow1 and adjusted...

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Delisting of Securities of Superconductor Technologies Inc.; Gulfport Energy Corporation; Apex Global Brands Inc.; Pareteum Corporation; and Youngevity International, Inc. from The Nasdaq Stock Market

NEW YORK, Feb. 01, 2021 (GLOBE NEWSWIRE) — The Nasdaq Stock Market announced today that it will delist the common stock, of Superconductor Technologies Inc. Superconductor Technologies Inc.’s common stock was suspended on September 30, 2020 and has not traded on Nasdaq since that time.Nasdaq also announced today that it will delist the common stock of Gulfport Energy Corporation. Gulfport Energy Corporation’s common stock was suspended on November 27, 2020 and has not traded on Nasdaq since that time.Nasdaq also announced today that it will delist the common stock of Apex Global Brands Inc. Apex Global Brands Inc.’s common stock was suspended on November 5, 2020 and has not traded on Nasdaq since that time.Nasdaq also announced today that it will delist the common stock of Pareteum Corporation. Pareteum Corporation’s common stock...

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Trxade Group to Postpone Virtual Roadshow Presentation

TAMPA, FL, Feb. 01, 2021 (GLOBE NEWSWIRE) — Trxade Group, Inc. (MEDS) an integrated drug procurement, delivery and healthcare platform, today announced that it will postpone its virtual roadshow, previously scheduled for Wednesday, February 3, 2021 at 11:00 a.m. Eastern Time, to a later date that will be announced via press release.“The virtual roadshow will be postponed to a later date, which will be announced via press release accompanied by a webcast link and dial-in numbers once finalized,” said Suren Ajjarapu, Chief Executive Officer of Trxade Group. “I would like to thank our shareholders for their patience as we continue to execute upon our near-term business objectives. I look forward to presenting an overview of the business model, short-term growth initiatives and a corporate update to both new and prospective investors.”About Trxade...

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Capital Southwest Announces Financial Results for Third Fiscal Quarter Ended December 31, 2020 and Announces Increase in Total Dividends to $0.52 per share for the Quarter Ended March 31, 2021

DALLAS, Feb. 01, 2021 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced its financial results for the third fiscal quarter ended December 31, 2020.Third Quarter Fiscal Year 2021 Financial HighlightsTotal Investment Portfolio: $648.8 millionCredit Portfolio of $531.1 million:91% 1st Lien Senior Secured Debt$55.5 million in new committed credit investmentsWeighted Average Yield on Debt Investments: 10.6%One credit investment currently on non-accrual with a fair value of $0.7 million, representing 0.1% of the total investment portfolioNo new credit investments placed on non-accrual during the...

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Warner Music Group Corp. Reports Results for the First Quarter Ended December 31, 2020

Financial Highlights:Generated Highest Quarterly Revenue in History as a Standalone CompanyDelivered Double-Digit Digital Revenue Growth Driven by Continued Momentum in StreamingIncreased Revenue Contribution from Emerging Platforms, Unlocking New Value-Creation OpportunitiesAchieved Strong Year-Over-Year Growth and Margin Expansion in Key Operating MetricsFor the three months ended December 31, 2020Total revenue grew 6% or 4% in constant currencyDigital revenue grew 17% or 16% in constant currencyNet income was $99 million versus $122 million in the prior-year quarterOIBDA increased 13% to $267 million versus $236 million in the prior-year quarterAdjusted OIBDA increased 18% to $282 million versus $240 million in the prior-year quarterAdjusted EBITDA increased 19% to $297 million versus $249 million in the prior-year quarterNEW YORK,...

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NXP Semiconductors Reports Fourth Quarter and Full-year 2020 Results

EINDHOVEN, The Netherlands, Feb. 01, 2021 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the fourth quarter and full year ended December 31, 2020.“NXP delivered full-year revenue of $8.6 billion, with 2020 being best characterized as two halves with completely different business trends. During the first half of the year, NXP was faced with the unprecedented shut down of our customers in most end markets and geographies because of the global pandemic. As we entered the second half of 2020, and our customers began to re-open, NXP experienced a very robust rebound in demand, which we anticipate continuing throughout 2021. In the fourth quarter, revenue was $2.5 billion, an increase of 9 percent year-on-year, and near the upper end of our guidance range. During this time, we experienced...

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Credit Acceptance Announces Fourth Quarter and Full Year 2020 Results

Southfield, Michigan, Feb. 01, 2021 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $166.3 million, or $9.43 per diluted share, for the three months ended December 31, 2020 compared to consolidated net income of $161.9 million, or $8.60 per diluted share, for the same period in 2019. For the year ended December 31, 2020, consolidated net income was $421.0 million, or $23.47 per diluted share, compared to consolidated net income of $656.1 million, or $34.57 per diluted share, for the same period in 2019.Adjusted net income, a non-GAAP financial measure, for the three months ended December 31, 2020 was $189.5 million, or $10.75 per diluted share, compared to $173.5 million, or $9.22 per diluted share,...

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Premier Health Announces $4 Million Bought Deal Financing

MONTREAL, Feb. 01, 2021 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, announces today that it has entered into an agreement with Acumen Capital Finance Partners Limited (the “Underwriter”) to purchase on a bought deal basis 3,810,000 common shares of Premier Health (“Common Shares”) at a price of $1.05 per Common Share (the “Offering Price”) for gross proceeds to the Corporation of approximately $4.0 million (the “Offering”).The Corporation has granted the Underwriter an over-allotment option exercisable at any time up to 30 days following the closing of the Offering (the “Closing Date”), to purchase up to an additional 571,500 Common Shares at a price per Common Share equal to the Offering Price, to cover over-allotments, if any, and...

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Merus participera aux prochaines conférences des investisseurs

UTRECHT (Pays-Bas) et CAMBRIDGE, Massachusetts (États-Unis), 01 févr. 2021 (GLOBE NEWSWIRE) — Merus N.V. (Nasdaq : MRUS), une société d’oncologie au stade clinique qui développe des anticorps multispécifiques de pleine longueur innovants (Biclonics® et Triclonics™), a annoncé aujourd’hui la participation de Bill Lundberg, Président-directeur général, aux conférences des investisseurs suivantes :Guggenheim Healthcare Talking 2021/Oncology Days (discussion informelle) : le vendredi 12 février de 10 h 30 à 10 h 55 HNE.LifeSci Partners Precision Oncology Day (présentation) : le mercredi 17 février de 10 h 30 à 10 h 55 HNE.2021 SVB Leerink Global Healthcare Conference (présentation) : le vendredi 26 février de 8 h 40 à 9 h 10 HNE.Les diffusions en direct des présentations seront disponibles sur la page consacrée aux investisseurs...

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