Day: August 4, 2021

DEERFIELD, Ill., Aug. 04, 2021 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care through the evolution of digital surgery, today announced that it has granted restricted stock unit awards to 10 employees, none of whom are executive officers, as an inducement for them to accept employment with Surgalign, and representing the right to receive, in the aggregate, up to 91,925 shares of Surgalign common stock. The awards were granted on August 2, 2021 under the Surgalign Holdings, Inc. 2021 Inducement Plan. One-third of the restricted stock units vest on the first anniversary of the date of grant, and one-eighth of the remaining restricted stock units vest on each subsequent quarterly anniversary of the date of grant, such that the award will be...

HIGH POINT, N.C., Aug. 04, 2021 (GLOBE NEWSWIRE) — vTv Therapeutics Inc. (Nasdaq:VTVT) today reported financial results for the second quarter ended June 30, 2021, and provided an update on the progress of its clinical programs. “We held our first, highly-productive meeting with the FDA following the designation of Breakthrough Therapy for TTP399 as a potential adjunct treatment for type 1 diabetes,” said Steve Holcombe, president and CEO, vTv Therapeutics. “Based upon the outcome of this meeting, we are planning to conduct two pivotal studies of TTP399 starting in the first half of 2022. We are appreciative of the ongoing dialogue that the Breakthrough Designation affords us and look forward to continuing to work closely with the agency as we refine the design of these studies in the coming weeks.” Recent Achievements and Outlook Type...

STAMFORD, Conn., Aug. 04, 2021 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE:SGU), a home energy distributor and services provider, today announced financial results for the fiscal 2021 third quarter and nine months ended June 30, 2021. Three Months Ended June 30, 2021 Compared to the Three Months Ended June 30, 2020For the fiscal 2021 third quarter, Star reported a 21.9 percent increase in total revenue to $283.1 million compared with $232.2 million in the prior-year period, reflecting an increase in selling prices, higher volume of motor fuel and other petroleum products sold, greater installation and service revenue partially offset by a lower volume of home heating oil and propane sold. The volume of home heating oil and propane sold during the fiscal 2021 third quarter decreased...

LOWELL, Mass., Aug. 04, 2021 (GLOBE NEWSWIRE) — CSPi (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal third quarter financial results before the open of the market on Wednesday, August 11, 2021. CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, please visit the “Investor Relations” section of the Company’s website at http://www.cspi.com/. Individuals also may listen to the call via telephone, by dialing 877-876-9174, 785-424-1669 and use the Conference ID: CSPQ321 when greeted by the live operator. A replay...

Initiates Q3 2021 Outlook and Increases FY 2021 Outlook on ACV, Revenue, Non-GAAP EPS and Cash Flow Details related to our financial guidance, including assumptions and economic impacts of COVID-19, are detailed in our prepared remarks document. / Key Highlights – Q2 2021GAAP revenue of $446.7 million and non-GAAP revenue of $452.6 million GAAP diluted earnings per share of $1.06 and non-GAAP diluted earnings per share of $1.85 GAAP operating profit margin of 26.1% and non-GAAP operating profit margin of 41.7% Operating cash flows of $118.9 million Annual contract value (ACV) of $430.5 million Deferred revenue and backlog of $927.1 million on June 30, 2021PITTSBURGH, Aug. 04, 2021 (GLOBE NEWSWIRE) — ANSYS, Inc. (NASDAQ: ANSS), today reported second quarter 2021 GAAP and non-GAAP revenue growth of 16% in reported currency,...

LAS VEGAS, Aug. 04, 2021 (GLOBE NEWSWIRE) — Software Acquisition Group Inc. III (NASDAQ: SWAGU) (the “Company”) announced today that it closed the issuance of an additional 2,807,868 units pursuant to the partial exercise of the underwriter’s option to purchase additional units in connection with its initial public offering at $10.00 per unit, resulting in gross proceeds of $28,078,680 and bringing the total gross proceeds of the initial public offering to $228,078,680. The Company’s units are listed on the Nasdaq Capital Market (“Nasdaq”) and commenced trading under the ticker symbol “SWAGU” on July 29, 2021. Each unit consists of one share of the Company’s Class A common stock and one half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50...

VANCOUVER, British Columbia, Aug. 04, 2021 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) today is pleased to announce its financial results for the three months ended June 30, 2021. Management will host a conference call tomorrow, Thursday, August 5, 2021, at 11:30 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTSCopper production of 10,898 tonnes at the MCSA Mining Complex at C1 cash costs(*) of $0.72 per pound of copper produced during the quarter; Gold production of 10,377 ounces at the NX Gold Mine at C1 cash costs(*) of $499 per ounce of gold produced and All-in Sustaining Costs(*) of $660 per ounce of gold produced; Strong quarterly adjusted EBITDA(*) of $85.5 million and adjusted net income attributable...

LOWELL, Mass., Aug. 04, 2021 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (“Rapid Micro”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced that the underwriters of its previously announced initial public offering of Class A common stock have exercised their option to purchase additional shares in part for 1,086,604 shares at the public offering price of $20.00 per share less underwriting discounts and commissions, for additional gross proceeds to Rapid Micro of $21.7 million. The exercise of the over-allotment option closed on August 4, 2021. J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Cowen and Company, LLC and Stifel, Nicolaus & Company, Incorporated...