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Month: March 2022

Atlas Technical Consultants Reports Fourth Quarter 2021 Results

– Record Quarter with Revenues and Adjusted EBITDA Increasing 15.5% and 33.9% Year over Year, respectively – – Record $808 Million Backlog Fueled by Major Infrastructure and Environmental Contract Awards – – Positioned for Revenue and Profitability Growth in 2022 from Major Project Wins, Strong Market Tailwinds, and a Robust M&A Pipeline – AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading infrastructure and environmental services provider, announced today results for the fourth quarter ended December 31, 2021. Fourth Quarter 2021 Highlights:(all comparisons versus the prior-year period unless otherwise noted)Gross revenue grew 15.5% to $145.2 million, driven by the cross-selling of services and contributions...

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Atlas Technical Consultants Acquires TranSmart Technologies, Inc.

– Adds Technology Leader Specializing in Intelligent Transportation Systems and Connected and Autonomous Vehicles – AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced today that it has acquired TranSmart Technologies, Inc. (“TranSmart”) a transportation engineering technology leader in Intelligent Transportation Systems (ITS), Connected and Autonomous Vehicles (CAV), electrical and traffic engineering, and other transportation engineering services. With over 100 employees, TranSmart has successfully integrated their innovative technology practice, including ITS and CAV, with their reputable civil, structural, and multimodal engineering disciplines to create a full-service...

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Satsuma Pharmaceuticals Reports 2021 Full Year and Fourth Quarter Financial Results and Business Highlights

– STS101 SUMMIT Phase 3 efficacy trial enrollment ongoing; key trial on track to read out topline results in Q4 2022 – – $95.8 million in cash, cash equivalents and marketable securities as of December 31, 2021, provides runway into second half of 2023 – SOUTH SAN FRANCISCO, Calif., March 15, 2022 (GLOBE NEWSWIRE) — Satsuma Pharmaceuticals, Inc. (Nasdaq: STSA), a clinical-stage biopharmaceutical company developing STS101 (dihydroergotamine (DHE) nasal powder), a novel investigational therapeutic product candidate for the acute treatment of migraine, today reported financial results for the fourth quarter and full year ended December 31, 2021 and summarized its business highlights. “The coming twelve months promise to be eventful and marked by important milestones for Satsuma, including the reporting of results...

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Teknova Reports Fourth Quarter and Full Year 2021 Financial Results

     Full year 2021 total revenue was $36.9 million, up 18% year-over-yearExcluding Sample Transport revenue of $1.5 million, full year 2021 total revenue was $35.4 million, up 31% year-over-yearCompany provides 2022 revenue guidance of $44-$48 million HOLLISTER, Calif., March 15, 2022 (GLOBE NEWSWIRE) — Alpha Teknova, Inc. (“Teknova”) (Nasdaq: TKNO), a leading provider of critical reagents for the discovery, development, and commercialization of drug therapies, novel vaccines, and molecular diagnostics, today announced financial results for the fourth quarter and the full year ended December 31, 2021. “We had solid fourth quarter revenue and a great finish to a year in which we made meaningful progress against our strategic priorities,” said Stephen Gunstream, President and CEO of Teknova. “We continue to see robust demand for our...

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Surgalign Holdings, Inc. Announces Fourth Quarter and Full Year 2021 Results

DEERFIELD, Ill., March 15, 2022 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digital surgery, today reported operating results for the fourth quarter and full year 2021. Recent Highlights:Total global spine revenue of $21.8 million, compared to $26.2 million in the fourth quarter of 2020 Net loss from continuing operations of $88.8 million, inclusive of a $72.1 million loss related to the Inteneural Networks, Inc. (INN) acquisition, or net loss of $0.64 share in the fourth quarter of 2021 Adjusted EBITDA loss of $12.9 million, compared to a loss of $7.7 million in the fourth quarter of 2020 Cash and cash equivalents at December 31, 2021 was $51.3 million In December 2021, the Company expanded is digital health...

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Aspen Group Reports 14% Revenue Growth for Third Quarter Fiscal 2022

AU and USU Active Student Body AU and USU Active Student BodyRevenue increased to $18.9 million compared to $16.6 million last year Business units with highest Lifetime Value (LTV) programs accounted for 56% of revenue Net loss of ($3.7) million, including losses of $1.3 million related to new campus expansion Received approval to open BSN Pre-Licensure program in AtlantaNEW YORK, March 15, 2022 (GLOBE NEWSWIRE) — Aspen Group, Inc. (Nasdaq: ASPU) (“AGI”), an education technology holding company, today announced financial results for its third quarter fiscal year 2022 ended January 31, 2022. Third Quarter Fiscal Year 2022 Summary Results  Three Months Ended January 31,   Nine Months Ended January 31,$ in millions, except per share data   2022       2021       2022       2021  Revenue $ 18.9     $ 16.6     $ 57.3     $ 48.8  Gross...

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Flushing Financial Corporation To Host First Quarter 2022 Earnings Call

UNIONDALE, N.Y., March 15, 2022 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its first quarter 2022 earnings after the market closes on April 26, 2022. John R. Buran, President and Chief Executive Officer, and Susan K. Cullen, Senior Executive Vice President and Chief Financial Officer, will host the conference call on Wednesday, April 27, 2022 at 9:30 AM (ET) to discuss the Company’s strategy and results for the first quarter of 2022. Interested parties are invited to listen in by dialing 1-877-509-5836. The conference call will be simultaneously webcast at https://services.choruscall.com/links/ffic220427.html. Conference Call DetailsDial-in for Live Call: 1-877-509-5836Canada Toll Free: 1-855-669-9657Webcast:...

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Nubia Brand International Corp. Announces Closing of Upsized $123,500,000 Initial Public Offering Including Partial Exercise of Over-Allotment Option

DALLAS, TX, March 15, 2022 (GLOBE NEWSWIRE) —  via NewMediaWire — Nubia Brand International Corp. (the “Company”) today announced the closing of its upsized initial public offering of 12,350,000 units at $10.00 per unit, including 1,350,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. The units are listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “NUBIU”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are...

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Rania Llewellyn, President and CEO of Laurentian Bank, to speak at the 20th Annual National Bank Financial Services Conference

MONTRÉAL, March 15, 2022 (GLOBE NEWSWIRE) — Rania Llewellyn, President and Chief Executive Officer of Laurentian Bank, will speak at the 20th Annual National Bank Financial Services Conference on March 22, 2022, at 3:35 p.m. (ET). This event will be broadcast live via webcast at lbcfg.ca, under Presentations and Events in the Investor Centre section. An archived version of the webcast will be available at the same location. About Laurentian Bank of Canada At Laurentian Bank, we believe we can change banking for the better. By seeing beyond numbers. Founded in Montréal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have more than 2,900 employees working together as one team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United...

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Midpoint Completes Acquisition of Blockchain World

LONDON, March 15, 2022 (GLOBE NEWSWIRE) — Midpoint Holdings Ltd. (TSXV: MPT) (Frankfurt: 8MH1) (“Midpoint” or the “Company”) is pleased to announce that it has completed the acquisition (the “Transaction”) of Blockchain World Ltd. (“BWL”) as announced on December 14, 2021. BWL is a company focused on building innovative, consumer-focused blockchain-based products. BWL owns the premium domain names Blockchain.eu (Europe), Blockchain.com.au (Australia), and Hivello.com; all are expected to launch in 2022. In consideration for the Transaction, Midpoint has issued 10,000,000 common shares (the “Consideration Shares”) to the existing shareholders of BWL (collectively, the “Vendors”). The Consideration Shares are subject to restrictions on resale until September 14, 2022. In addition to the Consideration Shares, the Vendors will also...

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