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Year: 2021

First Quarter Results Set the Tone for a Compelling FY2022

Key financial highlightsRevenue growth of 9.7 % reaching $38.4 M for Q1-FY2022 from $35.0 M for Q1-FY2021; Adjusted EBITDA1 reached $4.0 M, or 10.5 % of revenues, for Q1-FY2022, compared to $3.5 M, or 9.9 % of revenues, for Q1-FY2021; Net earnings amounted to $0.6 M or $0.007 per share for Q1-FY2022 compared to net earnings of $1.0 M or $0.013 per share for Q1-FY2021; Consolidated backlog of $122.8 M at the end of the quarter; and Strong financial position with a net debt1 of $3.4 M.All amounts in Canadian dollars unless otherwise stated. QUEBEC CITY, Nov. 10, 2021 (GLOBE NEWSWIRE) — (TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces its financial results for the first quarter of fiscal year 2022 ended September 30, 2021. “We are starting our new fiscal year on a strong financial basis supported...

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HF Foods Reports Record Third Quarter 2021 Financial Results

Net Revenue up 54% to $215.5 Million With Net Income Attributable to the Company of $7.9 Million and a 191% Increase in Adjusted EBITDA to $17.4 Million CITY OF INDUSTRY, Calif., Nov. 10, 2021 (GLOBE NEWSWIRE) — HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the Southeast, Pacific and Mountain West regions of the United States (the “Company” or “HF Foods”), reported record financial results for the third quarter ended September 30, 2021.   Third Quarter 2021 Financial SummaryNet revenue increased 54.0% to $215.5 million compared to $139.9 million in the third quarter of 2020. Gross profit increased 66.6% to $41.9 million, or 19.4% of net revenue, from $25.2 million, or 18.0% of net revenue, in the third quarter of 2020. Net income attributable to the Company increased significantly...

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GCM Grosvenor Reports Strong Third Quarter 2021, With $3 Billion of Fundraising and 20% Year-Over-Year Growth in Assets Under Management, and Increases Dividend

CHICAGO, Nov. 10, 2021 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported strong results for the third fiscal quarter ended September 30, 2021 and announced that the Board of Directors approved an 11% increase in the firm’s quarterly dividend. “The third quarter was a strong one with good investment results, fundraising and business performance,” said Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor. “Our outlook with regard to the remainder of 2021 and 2022 is positive and as a result our Board of Directors has increased our dividend 11% from $0.09 per share to $0.10 per share.” Assets Under ManagementAssets Under Management increased 20% from September 30, 2020 (the “prior year”) and increased 5% from June 30, 2021 (the...

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Aspira Women’s Health Reports Third Quarter 2021 Financial Results

Total Revenue Increased 34% to $1.67 million; OVA1 Volume Grew 19% to 4,281 Units Successful Completion of Proof of Concept with Harvard Dana Farber Cancer Institute Collaboration Achieved Over 194 Million Covered Lives for OVA1 Conference Call and Webcast Today at 8:30 a.m. ET AUSTIN, Texas, Nov. 10, 2021 (GLOBE NEWSWIRE) — Aspira Women’s Health Inc. (“Aspira”) (Nasdaq: AWH), a bio-analytical based women’s health company focused on gynecologic disease, today reported its financial results for the third quarter ended September 30, 2021. “We are very pleased with the growth in positive medical policy coverage with the addition of AIM Specialty Health’s Clinical Appropriateness Guidelines and Medicaid coverage and credentialing for OVA1. In addition, in spite of renewed COVID-19 restrictions we were able to grow in specific markets,”...

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InPlay Oil Corp. Announces Third Quarter 2021 Financial and Operating Results Highlighted by Record Quarterly Production and Financial Results

CALGARY, Alberta, Nov. 10, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2021 will be available at “www.sedar.com” and our website at “www.inplayoil.com”.   We are very pleased to present our third quarter financial and operating results in which the efficient execution of our operational and capital program, coupled with the significantly improved commodity price environment, has allowed us to achieve record production and financial results.   Third Quarter 2021 Financial & Operating...

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F-star Therapeutics Reports Third Quarter 2021 Financial Results and Provides Corporate Update

Company to Host Conference Call Today at 9 a.m. EST CAMBRIDGE, United Kingdom and CAMBRIDGE, Mass., Nov. 10, 2021 (GLOBE NEWSWIRE) —  F-star Therapeutics, Inc. (NASDAQ: FSTX), a clinical-stage biopharmaceutical company dedicated to developing next generation bispecific immunotherapies to transform the lives of patients with cancer, today announced third quarter 2021 financial results and a corporate update. Eliot Forster, CEO of F-star Therapeutics, Inc., said, “A year on from listing on NASDAQ, we have delivered on our planned milestones, and through them value for patients, partners and our investors. Our agile, tenacious approach, working with world-leading investigators, continues to further F-star’s mission to bring our unique bispecific antibodies to patients who need them most. We continue to advance four clinical programs,...

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MeiraGTx Reports Third Quarter 2021 Financial and Operational Results

LONDON and NEW YORK, Nov. 10, 2021 (GLOBE NEWSWIRE) — MeiraGTx Holdings plc (Nasdaq: MGTX), a vertically integrated, clinical stage gene therapy company, today announced financial results for the third quarter ended September 30, 2021 and provided an update on recent progress. During the quarter, MeiraGTx continued to progress the Phase 3 Lumeos Trial of botaretigene sparoparvovec, formerly referred to as AAV5-RPGR, in X-linked retinitis pigmentosa (XLRP) with its partner Janssen Pharmaceuticals, Inc. (Janssen), one of the Janssen Pharmaceutical Companies of Johnson & Johnson, with subjects currently screening. Data from the Phase 1/2 dose escalation study in RPGR patients presented at the EURETINA 2021 Virtual Meeting showed treatment with botaretigene sparoparvovec reverses the course of disease progression when retinal...

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Atlantica Reports Third Quarter 2021 Financial Results

Revenue for the first nine months of 2021 increased by 22.3% year-over-year up to $940.4 million, and an increase of 8.4% year-over-year on a comparable basis1. Adjusted EBITDA including unconsolidated affiliates was $634.1 million for the first nine months of 2021, a 2.1% year-over-year increase. Net loss for the first nine months of 2021 attributable to the Company was $18.2 million, compared with a net profit of $61.2 million for the first nine months of 2020. Operating cash flow for the first nine months of 2021 was $441.9 million, compared with an operating cash flow of $303.2 million for the first nine months of 2020. Cash available for distribution (“CAFD”) increased by 12.9% year-over-year up to $168.5 million for the first nine months of 2021. Quarterly dividend of $0.435 per share approved by the Board of Directors.November...

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NuVista Energy Ltd. Announces Strong Third Quarter 2021 Financial and Operating Results and 2022 Budget

CALGARY, Alberta, Nov. 10, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce financial and operating results for the three and nine months ended September 30, 2021, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development.   This was a successful quarter for NuVista, with results that included the continued ramp-up of production in the new Pipestone North compressor station facility, the drilling of 14 and startup of 6 new wells, and the delivery of production and cash flow results which were ahead of expectations. We are pleased to note that both condensate and natural gas future strip prices have increased significantly, resulting in a material increase to cash flows and decreasing projected net...

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Just Energy Reports Fiscal Second Quarter 2022 Results

TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) (TSXV:JE; OTC:JENGQ), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions, carbon offsets and renewable energy options to customers announced its second quarter results for fiscal year 2022. “Although our second quarter financial results continue to be impacted by the loss of customers in the prior year, the Company delivered net positive mass markets RCE additions for the first time since the first quarter of fiscal 2019, further validating our strategic investment in digital marketing and rebound of face-to-face retail channels following the impacts of the COVID-19 pandemic. We remain focused on our strategy as we navigate a challenging margin environment brought...

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