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Day: October 27, 2021

Kearny Financial Corp. Reports Fiscal 2022 First Quarter Results and 10% Increase in Cash Dividend

FAIRFIELD, N.J., Oct. 27, 2021 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended September 30, 2021 of $19.7 million, or $0.26 per diluted share, compared to $18.5 million, or $0.24 per diluted share, for the quarter ended June 30, 2021. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on November 24, 2021 to stockholders of record as of November 10, 2021. This dividend represents an increase of $0.01, or 10%, from the prior quarter’s dividend of $0.10 per share. Craig L. Montanaro, President and Chief Executive Officer, commented, “We are very pleased with our first quarter results which reflected record earnings, continued net interest margin...

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3D Systems Announces Acquisition of Volumetric Biotechnologies

Brings exceptional tissue engineering and biological expertise to expand scope of human organ bioprinting efforts at 3D Systems Accelerates the development and commercialization of vascularized human tissues and bioprinted constructs for non-organ applications within the body Creates clear technological leadership in the rapidly emerging bioprinting field for laboratory applications including drug discovery Companies to host a conference call and webcast tomorrow, October 28, 2021, at 10:00 a.m. Eastern TimeROCK HILL, S.C., Oct. 27, 2021 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) is pleased to announce the acquisition of Volumetric Biotechnologies, a Houston-based biotech company co-founded by Drs. Jordan Miller and Bagrat Grigoryan. Volumetric’s mission has from the outset been to develop the ability to manufacture human organs...

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Duke Realty Reports Third Quarter 2021 Results

9.8 Percent Increase to Quarterly Dividend 34.8 Percent Growth in Net Effective Rents on Quarterly Leasing Activity Significant Leasing in Development Pipeline with Expected Margin over 60 Percent 2021 Earnings and Development Guidance Increased INDIANAPOLIS, Oct. 27, 2021 (GLOBE NEWSWIRE) — Duke Realty Corporation (NYSE: DRE), the largest domestic-only logistics REIT, today reported results for the third quarter of 2021.      “I am pleased to announce our third quarter operating results, which were highlighted by record cash rent growth and substantially elevated leasing volumes across our portfolio,” said Jim Connor, Chairman and Chief Executive Officer. “We leased 9.5 million square feet during the quarter, an increase of 25 percent over the second quarter, of which 3.1 million square feet was speculative...

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STRATA Skin Sciences to Report Third Quarter 2021 Financial Results on November 10, 2021

HORSHAM, Pa., Oct. 27, 2021 (GLOBE NEWSWIRE) — STRATA Skin Sciences, Inc. (NASDAQ: SSKN) (“STRATA” or the “Company”), a medical technology company dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions, today announced that it plans to release its third quarter 2021 financial results after the market closes on Wednesday, November 10, 2021. Management will hold a conference call to review the financial results and provide a corporate update starting at 4:30 p.m. Eastern time / 1:30 p.m. Pacific Time on the same day. The conference call will be concurrently webcast. The link to the webcast will be available on the STRATA Skin Sciences website at www.strataskinsciences.com under the investor relations section and will be archived for future reference. To listen to the...

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Donegal Group Inc. Announces Third Quarter and First Nine Months of 2021 Results

MARIETTA, Pa., Oct. 27, 2021 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) today reported its financial results for the third quarter and first nine months of 2021. Significant items (all comparisons to third quarter of 2020):Net loss of $6.7 million, or 22 cents per Class A share, compared to net income of $11.8 million, or 41 cents per diluted Class A share Net premiums earned increased 6.1% to $196.2 million Net premiums written1 increased 9.0% to $197.0 million Combined ratio of 107.7%, compared to 98.3%, largely due to elevated weather-related and fire loss activity Net loss included after-tax net investment losses of $1.2 million, or 4 cents per Class A share, compared to after-tax net investment gains of $2.6 million, or 9 cents per diluted Class A share Book value per share of $17.21 at September...

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TTM Technologies, Inc. Reports Fiscal Third Quarter 2021 Results

SANTA ANA, Calif., Oct. 27, 2021 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ:TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components and assemblies manufacturer, today reported results for the third quarter of fiscal 2021, which ended on September 27, 2021.   Third Quarter 2021 HighlightsNet sales were $556.8 million GAAP net income of $21.0 million, or $0.19 per diluted share Non-GAAP net income was $36.5 million, or $0.34 per diluted share Repurchased 2.11 million shares of common stock for $28.9 million at an average price of $13.71 per shareThird Quarter 2021 Financial Results Net sales for the third quarter of 2021 were $556.8 million, compared to $513.6 million from continuing operations in the third quarter of 2020. GAAP operating income for the third quarter of 2021 was $32.2...

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Porch Group Acquires Floify, a Leading SaaS Provider for Loan Officers

Strategic Acquisition Enhances Porch’s Early Access to Homebuyers and Adds Expected $15 Million in Recurring B2B SaaS Revenue to 2022 SEATTLE, Oct. 27, 2021 (GLOBE NEWSWIRE) — Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software and InsurTech company reinventing the home services industry, today announced the acquisition of Floify, a leading provider of digital mortgage automation and point-of-sale software for mortgage companies and loan officers. The acquisition continues Porch’s strategy of providing software to companies involved in key moments of the homebuying process and expands its early access to high-intent homebuyers who need key services including insurance, warranty and moving services. Floify Acquisition OverviewBased in Boulder, Colorado, Floify helps mortgage companies and loan...

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Consolidated Uranium Closes Acquisition and Strategic Alliance with Energy Fuels

TORONTO and LAKEWOOD, Colo., Oct. 27, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR“) (TSXV: CUR) (OTCQB: CURUF) and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels”) are pleased to announce the closing of the acquisition (the “Transaction”), previously announced on July 15, 2021, of a portfolio of conventional uranium projects located in Utah and Colorado (the “Projects”) pursuant to the asset purchase agreement (the “Purchase Agreement”) among CUR and certain wholly-owned subsidiaries of Energy Fuels (collectively, the “EF Parties”). In connection with the closing of the Transaction, the companies have also entered into toll-milling, operating and investor rights agreements with respect to the Projects. Transaction Highlights:New Entrant into the U.S. Uranium Sector – The acquisition...

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RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending September 30, 2021

Sixth Consecutive Quarter of Earnings Growth PHOENIX, Oct. 27, 2021 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCBB:RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $524,000, or $0.29 per share, for the quarter ended September 30, 2021 and $1,545,000, or $0.86 per share, for the nine months ended September 30, 2021. Republic Bank of Arizona announced a net income of $620,000, or $0.34 per share, for the quarter ended September 30, 2021 and $1,667,000, or $0.92 per share, for the nine months ended September 30, 2021 as compared to a net income of $223,000, or $0.12 per share, for the quarter ended September 30, 2020 and $394,000, or $0.22 per share, for the nine months ended September 30, 2020. Current year Bank earnings of $0.92 per share were comprised...

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Hawthorn Bancshares Reports Results for Three and Nine Months Ended September 30, 2021

Third Quarter 2021 ResultsNet income of $5.8 million, or $0.88 per diluted share Net interest margin, fully taxable equivalent (“FTE”) of 3.78% Return on average assets and equity of 1.33% and 16.49%, respectively Loans decreased $11 million, or 0.9%, compared to the linked quarter Deposits increased $30 million, or 2.2%, compared to the linked quarterJEFFERSON CITY, Mo., Oct. 27, 2021 (GLOBE NEWSWIRE) — Hawthorn Bancshares Inc. (NASDAQ: HWBK), (the “Company” or “HWBK”) reported net income of $5.8 million for the third quarter 2021, an increase of $0.9 million compared to the linked second quarter 2021 (“linked quarter”) and an increase of $0.8 million from the third quarter 2020 (the “prior year quarter”). Earnings per diluted share (“EPS”) was $0.88 for the third quarter 2021 compared to $0.74 for both the linked...

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