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Day: May 3, 2022

Emerging Markets Report: The Air We Share

An Emerging Markets Sponsored Commentary ORLANDO, Fla., May 03, 2022 (GLOBE NEWSWIRE) — Recent news from ATMOFIZER TECHNOLOGIES INC. (CSE: ATMO; OTCQB: ATMFF) is compelling for a number of reasons as we will outline herein. Atmofizer’s technology cleans the air we share in a revolutionary way using a patent-protected and patent pending technique which uses “agglomeration,” basically lumping all the bad stuff together so that it can be efficiently neutralized. This allows Atmofizer to address the wide range of dangerous nano-scale particles, viruses and bacteria that are commonly composed of sizes that are the most difficult to effectively and efficiently manage using conventional filters (even HEPA) or neutralize using ultraviolet lights. In a pandemic-laden world the importance of this technology is clear. In a post COVID world,...

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Presentation of DKT Holdings, TDC Holdings, Nuuday and TDC NET’s Q1 2022 results

TDC Holding, Nuuday and TDC NET will conduct a conference call for investors and analysts on May 06, 2022 at 13.30 CET to present the Q1 2022 headline financials. Jon James, Chief Executive Officer in Nuuday, Andreas Pfisterer, Chief Executive Officer in TDC NET and Henrik Hjortshøj-Nielsen, Head of Treasury and Investor Relations will comment on the results and answer questions during the conference call. The investor and analyst conference will be available in Microsoft Teams at: https://teams.microsoft.com/l/meetup-join/19%3ameeting_N2IzNzRhMzYtYzFjZi00ZGZiLWFiOTktMDUxNjA3OTUyNTBl%40thread.v2/0?context=%7b%22Tid%22%3a%22e8dcf6e6-3acc-4af9-9cb2-77f688cb688b%22%2c%22Oid%22%3a%22e3bc77b8-3126-4e3f-b136-3297ef0a91d3%22%7d Dial in to Microsoft Teams is: +45 32 72 51 67 – Code: 866 999 305# The conference call will refer to a slide deck...

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Vishay Reports Results for First Quarter 2022

Revenues Q1 of $854 million. Gross margin Q1 of 30.3%. Operating margin Q1 of 17.1%. EPS Q1 of $0.71. Free Cash for the trailing 12 months of $209 million. Total Stockholder Return Q1 of $24.4 million–$14.5 million of dividend payments and $9.9 million of stock repurchases. Guidance Q2 2022 for revenues of $830 to $870 million and at a gross margin of 28.1% plus/minus 50 basis points at Q1 exchange rates.MALVERN, Pa., May 03, 2022 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter ended April 2, 2022. Revenues for the fiscal quarter ended April 2, 2022 were $853.8 million, compared to $843.1 million for the fiscal quarter ended December 31, 2021, and $764.6 million...

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LGI Homes Reports First Quarter 2022 Results and Updates 2022 Guidance

THE WOODLANDS, Texas, May 03, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the first quarter 2022. First Quarter 2022 Highlights and Comparisons to First Quarter 2021Net Income decreased 21.0% to $78.7 million, or $3.30 Basic EPS and $3.25 Diluted EPS Net Income Before Income Taxes decreased 19.2% to $99.6 million Home Sales Revenues decreased 22.7% to $546.1 million Home Closings decreased 37.6% to 1,599 homes closed Average Sales Price increased 23.9% to $341,495 Gross Margin as a Percentage of Homes Sales Revenues increased 210 basis points to 29.0% Adjusted Gross Margin* as a Percentage of Home Sales Revenues increased 180 basis points to 30.3% Total Owned and Controlled lots of 93,270 at March 31, 2022 Active Selling Communities at March 31, 2022 of 88 Ending backlog of 2,429...

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Esperion Reports First Quarter 2022 Financial Results and Provides Company Update

– Unprecedented CLEAR Outcomes Study Approaching 95% MACE Accumulation– – U.S. Net Product Revenue of NEXLETOL® (bempedoic acid) Tablets and NEXLIZET® (bempedoic acid and ezetimibe) Tablets Grew approximately 109% Y/Y to $13.4 Million in the First Quarter 2022– – Retail Prescription Equivalents Grew 56.7% Year over Year – ANN ARBOR, Mich., May 03, 2022 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR) today reported financial results for the first quarter ended March 31, 2022 and provided a business update. “During the first quarter of 2022, our team remained focused on our two primary objectives, delivering on our promise to drive consistent growth for NEXLETOL® and NEXLIZET®, available today, and advancing our unprecedented CLEAR Outcomes trial, which is approaching 95% MACE accumulation,” said Sheldon Koenig, president and chief...

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McKinsey & Company Acquires S4G Consulting to Accelerate Clients’ End-to-End Growth Transformations

With the acquisition of S4G, McKinsey brings the best of strategy, design, and analytical horsepower together with rapid Salesforce CRM implementation capabilities to help clients ignite growth NEW YORK and MADRID, Spain, May 03, 2022 (GLOBE NEWSWIRE) — McKinsey & Company announced today it has acquired Madrid-based S4G Consulting. As a top Salesforce Platinum Partner, S4G specializes in helping companies of all sizes extend the power of Salesforce’s customer relationship management (CRM) platform to improve customer outcomes. B2B digital commerce is undergoing a major transformation as buyers have flexed to remote and digital ways of engaging. Today’s buyers surf ten-plus channels before making a single purchase, and they want convenient, seamless, omnichannel interactions. Now companies can anticipate and meet those needs...

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Tarsus Announces Pricing of Upsized $75.6 Million Underwritten Public Offering of Common Stock

IRVINE, Calif., May 03, 2022 (GLOBE NEWSWIRE) — Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) (the “Company” or “Tarsus”), whose mission is to focus on unmet needs and apply proven science and new technology to revolutionize treatment for patients, starting with eye care, today announced the pricing of an upsized underwritten public offering of 5,600,000 shares of common stock at a public offering price of $13.50 per share, which represents $75.6 million of common stock, before underwriting discounts and commissions. In addition, Tarsus has granted the underwriters a 30-day option to purchase up to 840,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. All of the shares in the offering are to be sold by Tarsus. The offering is expected to close on or about May 5, 2022,...

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Martin Marietta Reports First-Quarter 2022 Results

Achieved Record Quarterly Consolidated Revenues Driven by Enterprise-Wide Pricing Gains Capitalizing on Increasing Public and Private Construction Activity Optimizing Aggregates-Led Portfolio to Streamline Business and Further Enhance Margin Profile Forecasting 2022 Adjusted EBITDA of $1.75 Billion; Attractive Pricing Acceleration to Offset Impacts of Inflation and Divestitures RALEIGH, N.C., May 03, 2022 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the first quarter ended March 31, 2022. First-Quarter Highlights(Highlights are for continuing operations)    Quarter Ended March 31,(In millions, except per share)   2022     2021     % ChangeProducts and services revenues...

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Glatfelter Reports First Quarter 2022 Results

Russia/Ukraine conflict, EU sanctions and continued energy price inflation in Europe significantly impacting Composite Fibers, resulting in non-cash asset and goodwill impairment charges CHARLOTTE, N.C., May 03, 2022 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today reported a loss from continuing operations for the first quarter of 2022 of $108.3 million, or $2.42 per share, compared with net income of $8.4 million, or $0.19 per share, in the same period a year ago. On an adjusted basis, earnings from continuing operations for the first quarter of 2022 and 2021 were a loss of $6.2 million, or $0.14 per share, compared with adjusted earnings of $8.5 million, or $0.19 per share, respectively. Adjusted earnings is a non-GAAP financial measure for which a reconciliation...

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Continued Demand Growth; Supply Challenges Persist

Announcement        To Nasdaq Copenhagen A/S and the press Nørresundby, Denmark, 3 May 2022Announcement no. 12/2022 Interim report for Q2 and H1 2021/22(the period 01.10.2021 – 31.03.2022) “The strong improvement in demand continued in second quarter of 2021/22 and led to revenue increasing by more than 50% compared to last year. I see the growth opportunities for RTX from our large framework agreements and our product platforms as significant and the continued demand improvement after the pandemic underlines this belief. The global component scarcity in the electronics industry and other supply chain disruptions such as temporary lockdowns have had a negative effect on the second quarter for RTX – without such challenges our strong order book would have led to a significantly higher revenue. We maintain our outlook for the year...

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