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Year: 2023

Gerald Haddock to Retire from Meritage Homes Board of Directors

Deborah Ann Henretta Appointed Nominating/Governance Committee Chair SCOTTSDALE, Ariz., Nov. 16, 2023 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE:MTH) (the “Company”), the fifth largest homebuilder in the U.S., today announced that one of the Company’s long-standing directors, Mr. Gerald Haddock, is retiring from his position effective January 2, 2024. Mr. Haddock joined Meritage’s Board in 2005 and has served as Chair of the Nominating/Governance Committee since 2006. “On behalf of the Board, I’d like to thank Gerald for his 18 years of service and contributions to Meritage,” said Steven J. Hilton, executive chairman of Meritage Homes. “In his tenure, Gerald has overseen several important initiatives, including the successful succession planning and transition of the Company’s executive leadership team today and the promotion...

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Alpha Tau Medical Announces Third Quarter 2023 Financial Results and Provides Corporate Update

– Treated the first patient with advanced inoperable pancreatic cancer at Hadassah Medical Center in Israel in September, alongside safety and feasibility trial in similar indication currently underway in Montreal, Canada – – 89% CR, two-year local recurrence-free survival of 77%, and no treatment-related grade 2 or higher late-onset toxicity reported from an analysis of four feasibility trials in 71 patients with unresectable skin and head and neck cancers – – Former U.S. FDA Commissioner, Stephen M. Hahn, M.D. appointed to Alpha Tau Scientific Advisory Board – – Cash, deposits & restricted deposits balance of $90.1 million with runway for at least two years – JERUSALEM, Nov. 16, 2023 (GLOBE NEWSWIRE) — Alpha Tau Medical Ltd. (“Alpha Tau”, or the “Company”) (NASDAQ:...

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ESCO Announces Record Fourth Quarter And Fiscal 2023 Results

– FY 2023 Sales increase 11% to $956 Million – FY 2023 Entered Orders surpass $1 Billion – Q4 GAAP EPS $1.24 / Adjusted EPS $1.25 – St. Louis, Nov. 16, 2023 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the fourth quarter (Q4 2023) and fiscal year (FY 2023) ended September 30, 2023. Operating HighlightsQ4 2023 sales increased $16 million (6 percent) to $273 million compared to $257 million in Q4 2022. Organic sales increased $13 million (5 percent) and the CMT acquisition added $3 million (1 percent) of revenue growth in the quarter. FY 2023 sales increased $99 million (11 percent) to $956 million. Organic sales increased $89 million (10 percent) and the CMT acquisition added $10 million (1 percent) of revenue growth for the full year....

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Matthews International Reports Results for Fourth Quarter and Fiscal Year Ended September 30, 2023

Financial Highlights:Consolidated sales in fourth quarter increased $23.1 million, or 5.0% Industrial Technologies sales 34% higher for the quarter; FY2023 sales exceed $500 million, compared to $335.5 million for FY2022 All three business segments reported higher adjusted EBITDA for the quarter Company expects continued earnings growth and strong cash flow in fiscal 2024 Webcast: Friday, November 17, 2023, 9:00 a.m., (201) 689-8471PITTSBURGH, Nov. 16, 2023 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for the quarter and fiscal year ended September 30, 2023. In discussing the Company’s operating results, Joseph C. Bartolacci, President and Chief Executive Officer, stated: “We had a strong finish to fiscal 2023 as demonstrated by our fourth quarter results. I am pleased...

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Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three and Nine Months ended September 30, 2023

BETHLEHEM, Pa., Nov. 16, 2023 (GLOBE NEWSWIRE) — Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) has filed its Form 10-Q on November 13, 2023 and can be found at https://investors.embassybank.com/sec-filings/documents/default.aspx. Highlights of the filing, which includes consolidated financial information of the Company and Embassy Bank For the Lehigh Valley (the “Bank”), the Company’s wholly-owned subsidiary, include:Loans receivable increased to $1.249 billion at September 30, 2023, an increase of $41.0 million, or 4.5% on an annualized basis, from $1.208 billion at December 31, 2022. Cash and cash equivalents on hand of $77.7 million at September 30, 2023, or 4.6% of total assets. Deposits of $1.472 billion at September 30, 2023, with non-interest bearing deposits of $320.7 million. The Company does not have any brokered...

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Woodward Reports Fiscal Year 2023 Results

FORT COLLINS, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ:WWD) today reported financial results for its fiscal year 2023 and fourth quarter ending September 30, 2023. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior fiscal year unless otherwise stated. Fourth Quarter OverviewNet sales were $777 million, compared to $640 million, an increase of 21 percent. Net earnings and adjusted net earnings1 were $83 million, or $1.33 per share, compared to net earnings of $54 million, or $0.88 per share, and adjusted net earnings of $51 million, or $0.84 per share.Fiscal Year 2023 OverviewNet sales were $2.91 billion, compared to $2.38 billion, an increase of...

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Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-month period ended September 30, 2023

GLYFADA, Greece, Nov. 16, 2023 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30, 2023.Revenue$7.7 million in Q3 2023 $24.1 million in 9M 2023Net income$3.5 million net income in Q3 2023 $4.9 million net income in 9M 2023Adjusted EBITDA$2.0 million in Q3 2023 $4.2 million in 9M 2023Time Charter Equivalent$9,994 per day in Q3 2023 $8,979 per day in 9M 2023Current Fleet ProfileAs of the date of this press release, Globus’ subsidiaries own and operate six dry bulk carriers, consisting of one Supramax, one Panamax and four Kamsarmax.Vessel Year Built Yard Type Month/Year Delivered DWT FlagMoon Globe 2005 Hudong-Zhonghua Panamax June...

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Haynes International, Inc. Reports Fourth Quarter Fiscal 2023 Financial Results and Year End Highlights

Fourth quarter net revenues of $160.6 million. Fiscal year 2023 net revenues of $590.0 million, up over 20% from last year, and a Company record year in revenue in both Aerospace and Industrial Gas Turbines.Gross margin for the fourth quarter of 18.5% of revenue. Excluding the raw material headwind of $3.7 million, adjusted gross margin was 20.9% of revenue.Fiscal year 2023 gross margin of 18.6% of revenue. Excluding the raw material headwind of $12.6 million, adjusted gross margin was 20.7% of revenue, compared to 19.8% fiscal year 2022 adjusted gross margin when excluding the favorable raw material tailwind of $(9.4) million.Unfavorable change in estimated raw material impact between the two fiscal years of $22.0 million pretax. In addition, the cyber security incident in the third quarter impacted results by an estimated $7.0...

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Applied Materials Announces Fourth Quarter and Fiscal Year 2023 Results

Quarterly revenue $6.72 billion, flat year over year Quarterly GAAP EPS $2.38 and non-GAAP EPS $2.12, up 29 percent and 4 percent year over year, respectively Annual revenue $26.52 billion, up 3 percent year over year Annual GAAP EPS $8.11 and non-GAAP EPS $8.05, up 9 percent and 5 percent year over year, respectivelySANTA CLARA, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) — Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its fourth quarter and fiscal year ended Oct. 29, 2023. Fourth Quarter Results Applied generated revenue of $6.72 billion. On a GAAP basis, the company reported gross margin of 47.1 percent, operating income of $1.97 billion or 29.3 percent of net sales, and record earnings per share (EPS) of $2.38. On a non-GAAP adjusted basis, the company reported gross margin of 47.3 percent, operating income...

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NuCana Reports Third Quarter 2023 Financial Results and Provides Business Update

Announced Encouraging Updates from NUC-3373 and NUC-7738 Demonstrating Promising Efficacy and Safety Data Pipeline Continues to Advance with Data Updates Expected for all Programs in 2024 Well Capitalized with Anticipated Cash Runway into 2025 EDINBURGH, United Kingdom, Nov. 16, 2023 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA) announced financial results for the third quarter ended September 30, 2023 and provided an update on its broad clinical development program with its transformative ProTide therapeutics. As of September 30, 2023, NuCana had cash and cash equivalents of £17.8 million compared to £24.6 million at June 30, 2023 and £41.9 million at December 31, 2022. NuCana continues to advance its various clinical programs and reported a net loss of £6.7 million for the quarter ended September 30, 2023, as compared to a net...

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