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Day: November 15, 2021

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Increased Authorization of Common Unit Repurchase Program

MIDLAND, Texas, Nov. 15, 2021 (GLOBE NEWSWIRE) — Viper Energy Partners LP (NASDAQ: VNOM) (“Viper” or the “Company”) today announced that the Board of Directors of Viper’s General Partner (the “Board”) increased the authorization of its common unit repurchase program to $150.0 million and extended the authorization indefinitely. As of September 30, 2021, Viper had expended approximately $57.4 million, or roughly 38%, of the increased authorized amount. The Company intends to purchase common units under the repurchase program opportunistically with cash on hand, free cash flow from operations and proceeds from potential liquidity events such as the sale of assets. This repurchase program may be suspended from time to time, modified, extended or discontinued by the Board at any time. Purchases under the repurchase program may be made...

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Sema4 Reports Third Quarter 2021 Financial Results and Business Highlights

36% increase in test volume (excluding COVID-19 tests) compared to the same period last year 17% growth in revenue (excluding COVID-19 tests) compared to the same period last year Full year 2021 total revenue guidance range of $201 million to $204 million Sema4 to host conference call today at 4:30 p.m. ET STAMFORD, Conn., Nov. 15, 2021 (GLOBE NEWSWIRE) — Sema4 Holdings Corp. (Nasdaq: SMFR) (“Sema4”), an AI-driven genomic and clinical data intelligence platform company, today reported the financial results for the third quarter ended September 30, 2021 and provided an update on key strategic and operational initiatives. “We continued to make significant progress this quarter expanding our infrastructure while also building our platform of algorithms. These activities will allow us to better accommodate volume growth while increasing...

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Enservco Corporation Reports 2021 Third Quarter Financial Results

Q3 revenue up 72% as Company posts gains across all service offeringsQ3 adjusted EBITDA improves by 10%Increase in customer activity driven by higher commodity prices and steady recovery from pandemic impactCompany amends credit facility and obtains waiverLONGMONT, Colo., Nov. 15, 2021 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today reported financial results for its third quarter and nine-month period ended September 30, 2021. “Our renewed growth momentum carried into the third quarter as the industry continued to recover from the pandemic impact and steadily rising commodity prices drove increased customer activity and higher utilization rates for our fleet....

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iCoreConnect Reports Record Third Quarter 2021 Results

Revenue Growth of 158% to $1.4 Million, Surpassed 18,000 Active Subscriptions WINDERMERE, FL, Nov. 15, 2021 (GLOBE NEWSWIRE) — iCoreConnect, Inc. (OTCQB: ICCT) (“we,” “our,” or the “Company”), a cloud-based, Software-as-a-Service (SaaS) platform for healthcare business workflow, today announced the Company’s financial results for the third quarter ended September 30, 2021 (“Q3 2021”). Key Business Highlights Introduced iCoreVerify automated, real-time verification of benefits up to a week in advance for all scheduled patients. iCoreVerify compresses a previously hours or days-long process into a single click by providing dental practices immediate access to benefit coverage from more than 2,100 insurance companies.  Closed acquisition of Spectrum Technology Solutions, a Managed Services, Data Backup, Data Discovery, Strategic...

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Miromatrix Reports Third Quarter 2021 Results

EDEN PRAIRIE, Minn., Nov. 15, 2021 (GLOBE NEWSWIRE) — Miromatrix Medical Inc. (NASDAQ: MIRO), a life sciences company pioneering a novel technology for bioengineering fully transplantable organs to help save and improve patients’ lives, today reported third quarter 2021 financial results. Business HighlightsCompleted an initial public offering of 5.5 million shares, raising approximately $49 million in gross proceeds; Hired accomplished scientist and product developer, Dr. John Barry, as Vice President of Research and Development; Announced the first successful transplant of a bioengineered whole organ in a large animal; and Strengthening infrastructure in support of 2022 FDA IND submission and commencement of Phase I Liver Assist Trial“Throughout the third quarter, we made meaningful progress towards our ultimate...

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Fortress Biotech Reports Record Third Quarter 2021 Financial Results and Recent Corporate Highlights

Net revenue for third quarter of 2021 increased 123% year-over-year to $21.1 million, a quarterly record Journey Medical Corporation, a Fortress partner company, launched its $35.2 million initial public offering AstraZeneca acquired Caelum Biosciences; Fortress received $56.9 million upfront1 Rolling NDA submission for CUTX-101 for the treatment of Menkes disease is expected to be initiated in the fourth quarter of 2021 Top-line results from registration-enabling study of cosibelimab in metastatic cutaneous squamous cell carcinoma expected around year-end 2021 NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) — Fortress Biotech, Inc. (NASDAQ: FBIO) (“Fortress”), an innovative biopharmaceutical company focused on acquiring, developing and commercializing or monetizing promising biopharmaceutical products and product candidates cost-effectively,...

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Logiq Reports Q3 2021 Revenue Up 11% to $7.8 Million, with Gross Profit up 108% to $2.3 million

NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ, NEO: LGIQ), a global provider of award-winning consumer acquisition solutions, reported results for the third quarter ended September 30, 2021. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 5:00 p.m. Eastern time today to discuss the results (see dial-in information below). Q3 2021 Financial HighlightsRevenue increased 11% to $7.8 million. Overall gross profit increased 108% to $2.3 million. Consolidated gross margin was 29.5%, up 13.7 percentage points. Gross margin for DataLogiq, the company’s data-driven, end-to-end e-commerce marketing solution, improved from 18.9% to 28.2%. Gross margin for AppLogiq, the company’s mobile commerce platform-as-a-service (PaaS), improved from 12.1% to 31.7%. Cash...

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PLBY Group Reports Third Quarter 2021 Financial Results

Third Quarter 2021 Revenue Grew 67% Year-Over-Year to $58.4 Million LOS ANGELES, Nov. 15, 2021 (GLOBE NEWSWIRE) — PLBY Group, Inc. (NASDAQ: PLBY) (“PLBY Group” or the “Company”), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, today provided financial results for the third quarter ended September 30, 2021. Ben Kohn, Chief Executive Officer of PLBY Group, stated, “I’m thrilled to report another successful quarter with a 67% increase in revenue, compared to the prior year, driven by continued strength in both direct-to-consumer and licensing. We’ve made meaningful progress against the three pillars of our strategic roadmap: expanding our U.S. direct-to-consumer commerce business, optimizing our licensing partnerships in key territories and categories,...

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TSS, Inc. Reports Third Quarter 2021 Results

ROUND ROCK, Texas, Nov. 15, 2021 (GLOBE NEWSWIRE) — TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its third quarter ended September 30, 2021. Third Quarter Highlights (unaudited):Third quarter 2021 revenue of $4.6 million compared with $20.8 million in the third quarter of 2020. Reseller revenues were $0.7 million in the third quarter of 2021 compared with $15.8 million in the third quarter of 2020. Gross margin of 42% in the third quarter of 2021 compared with 13% in the third quarter of 2020. Operating income of $228,000 in the third quarter of 2021 compared to operating income of $966,000 in the third quarter of 2020. Net income of $123,000 or $0.01 per share in the third quarter of 2021 compared to net income of $852,000 or $0.05 per share in the third quarter...

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Rackspace Technology Reports Third Quarter 2021 Results

Record Revenue of $763 million in the Third Quarter, up 12% Year-over-Year Core Revenue Grew 15% to $718 million Net loss of $(35) million, or $(0.17) per diluted share Non-GAAP Earnings Per Share Grew 32% Year-over-Year to $0.25 Quarterly Cash Flow From Operating Activities of $102 millionSAN ANTONIO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company, today announced results for its third quarter ended September 30, 2021. Kevin Jones, Chief Executive Officer, commented, “The Cloud market continues to grow and momentum continues to accelerate. Companies of all sizes need help with their move to the cloud. And as a leading pure-play cloud services company, Rackspace Technology is poised to be their partner of choice for all things cloud – wherever...

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