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Day: August 10, 2022

Stantec delivers $0.83 in adjusted diluted EPS for second quarter 2022, a 34% increase, and reaffirms 2022 earnings guidance

EDMONTON, Alberta and NEW YORK, Aug. 10, 2022 (GLOBE NEWSWIRE) — Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three and six month periods ended June 30, 2022. Unless otherwise indicated, financial figures are expressed in Canadian dollars and comparisons are to the prior period ended June 30, 2021. Stantec delivered another quarter of increased earnings on the strength of 22.9% net revenue growth. Consistent with the first quarter of this year, every regional and business operating unit delivered organic net revenue growth1 and recent acquisitions generated double-digit growth. Earnings were further enhanced by an 80 basis point increase in project margin. Backlog also continued to grow, increasing organically by 13% since year end 2021 and now stands at a record...

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Kite Realty Group Trust Declares Quarterly Common Dividend of $0.22 per Common Share, a 5% Increase Over Previous Quarter and a 22% Year-over-Year Increase

INDIANAPOLIS, Aug. 10, 2022 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.22 per common share for the quarter ending September 30, 2022. This distribution will be paid on or about October 14, 2022, to shareholders of record as of October 7, 2022. About Kite Realty Group Trust Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use...

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Cardinal Energy Ltd. Announces Monthly Dividend for August

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our August dividend of $0.05 per common share will be paid on September 15, 2022 to shareholders of record on August 31, 2022. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal works to continually improve its Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, Cardinal injects and conserves more carbon than it directly emits making us one of the few Canadian energy companies to have a negative carbon footprint. Cardinal...

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Clairvest Reports Fiscal 2023 First Quarter Results

TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2023 first quarter ended June 30, 2022 and material events subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated) HighlightsJune 30, 2022 book value was $1,156.0 million or $76.80 per share compared with $1,179.1 million or $78.33 per share as at March 31, 2022 Net loss for the quarter ended June 30, 2022 was $11.3 million or $0.75 per share. Subsequent to quarter end and as previously announced, Clairvest and Clairvest Equity Partners VI (“CEP VI”) made a new equity investment in Star Waste Systems, LLC (dba Boston Carting Services) (“Star Waste”) Subsequent to quarter end and as previously announced, Clairvest and Clairvest Equity Partners V (“CEP V”) completed the partial realization...

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Rani Therapeutics Reports Second Quarter 2022 Financial Results; Provides Corporate Update

– Announced positive topline Phase 1 results of RT-102 for the treatment of osteoporosis – – Anticipate initiating an additional Phase 1 clinical trial in 2H 2022 – – Capitalized to fund operations into mid-2024 – SAN JOSE, Calif., Aug. 10, 2022 (GLOBE NEWSWIRE) — Rani Therapeutics Holdings, Inc. (“Rani Therapeutics”, “the Company” or “Rani”) (Nasdaq: RANI), a clinical-stage biotherapeutics company focused on the oral delivery of biologics and drugs, today reported financial results for the second quarter ended June 30, 2022 and provided a corporate update. “Continuing the momentum built in the year since going public, today we announced topline results from the single-ascending portion of our Phase 1 clinical trial with RT-102, the RaniPill™ capsule containing our proprietary formulation...

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Nephros Announces Results for Quarter Ended June 30, 2022

Second Quarter Net Revenue of $2.9 Million, a 27% Year-Over-Year Increase;Active Customer Sites Climb 21% to New Record SOUTH ORANGE, NJ, Aug. 10, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Nephros, Inc.(Nasdaq: NEPH), a leading water technology company providing filtration and pathogen detection solutions to the medical and commercial markets, today announced financial results for the second quarter ended June 30, 2022. Financial HighlightsWater Filtration Business Segment Highlights*Net revenue of $2.8 million, an increase of 30% Net loss of $0.6 million, compared to $0.9 million Adjusted EBITDA of ($0.2 million), compared with ($0.5 million)Consolidated Highlights*Net revenue of $2.9 million, an increase of 27% Net loss of $1.1 million, compared to $1.1 million Adjusted EBITDA of ($0.7 million), compared to ($0.8...

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EnerSys Reports First Quarter Fiscal 2023 Results

$899 million net sales +10.3% y/y, second highest quarterly revenue and volume Thin Plate Pure Lead (TPPL) revenue up 13% y/y >$1B record Q1 orders; backlog grew to $1.5B Announced closure of Ooltewah plant; ~$8 million annual cost savings Opened new expanded Richmond distribution center to increase efficiency and lower lead times Board appointed Rudolph Wynter as a director effective August 1, 2022 Committed to being Scope 1 carbon neutral by 2040 and Scope 2 carbon neutral by 2050READING, Pa., Aug. 10, 2022 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today results for its first quarter of fiscal 2023, which ended on July 3, 2022.Key Financial Results and Metrics First Quarter endedIn millions, except per share amounts July 3, 2022   July...

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Crescent Capital BDC, Inc. Reports Second Quarter 2022 Financial Results; Declares a Third Quarter 2022 Regular Dividend of $0.41 per Share

LOS ANGELES, Aug. 10, 2022 (GLOBE NEWSWIRE) — Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $15.5 million, or $0.50 per share, and adjusted net investment income of $12.7 million, or $0.41 per share,1 for the quarter ended June 30, 2022. Reported net asset value per share was $20.69 at June 30, 2022. The Company announced that its Board of Directors declared a regular cash dividend for the third quarter of 2022 of $0.41 per share, which will be paid on October 17, 2022 to stockholders of record as of the close of business on September 30, 2022. Additionally, the fourth and final previously declared $0.05 per share special cash dividend will be paid on September 15, 2022 to stockholders of record as of September 2, 2022. Selected Financial Highlights($ in millions,...

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Fossil Group, Inc. Reports Second Quarter 2022 Financial Results

Provides Updated Full Year 2022 Outlook RICHARDSON, Texas, Aug. 10, 2022 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the second quarter ended July 2, 2022. Second Quarter SummarySecond quarter worldwide net sales decreased to $371 million, down 10% on a reported basis and 5% in constant currency, reflecting declines across all three regions.FOSSIL brand sales increased 7% in constant currency with double digit growth in traditional watches, jewelry and leathers partially offset by declines in smartwatches.Direct to consumer net sales increased 5% in constant currency, led by 26% growth in store sales largely offset by decreased e-commerce sales.Operating loss of $11 million compared to operating income of $14 million a year ago. Adjusted operating loss of $8 million compared...

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DLC Releases Q2-2022 Results; Achieves Funded Volumes of $21.4 Billion

VANCOUVER, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended June 30, 2022 (“Q2-2022”) and six months ended June 30, 2022. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All amounts are presented in Canadian dollars unless otherwise stated. Reference herein to the Dominion Lending Centres Group of Companies (the “DLC Group” or “Core Business Operations”) includes the Corporation and its three main subsidiaries, MCC Mortgage Centres Canada Inc. (“MCC”), MA Mortgage Architects Inc. (“MA”), and Newton Connectivity Systems Inc....

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