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Year: 2023

Ferroglobe Reports Strong Third Quarter 2023 Financial Results

LONDON, Nov. 07, 2023 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the third quarter 2023. FINANCIAL HIGHLIGHTSReported Q3-23 revenue of $416.8 million, down 9% over the prior quarter Q3-23 Adjusted EBITDA of $104.5 million, down 1% over the prior quarter Q3-23 Adjusted EBITDA margin improved to 25.1% versus 23.2% in Q2-23 Q3-23 Adjusted EPS was $0.27 versus $0.30 in Q2-23 Gross debt was $237 million at Sep-23, down from $400 million at Jun-23 and $431 million at Sep-22 $100 million available from our ABL facility which remained undrawn in Q3-23 Total cash decreased to $166 million primarily due to the $150 million partial redemption of the...

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Dundee Precious Metals Announces 2023 Third Quarter Results; Strong Operating Performance Drives Robust Free Cash Flow Generation

TORONTO, Nov. 07, 2023 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) announced its operating and financial results for the third quarter and first nine months ended September 30, 2023. Highlights(Unless otherwise stated, all monetary figures in this news release are expressed in U.S. dollars.)Strong metals production: Produced 74,102 ounces of gold and 7.2 million pounds of copper. All-in sustaining cost: Reported cost of sales per ounce of gold sold1 of $901 and an all-in sustaining cost per ounce of gold sold2 of $911. On track to achieve 2023 guidance: Both mining operations are on track to achieve their 2023 production and cost guidance, while Tsumeb is forecast to be below its 2023 production guidance range and at the high end of its cash cost per tonne guidance range. Significant free...

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National Research Corporation Announces Third Quarter 2023 Results

LINCOLN, Neb., Nov. 07, 2023 (GLOBE NEWSWIRE) — National Research Corporation, dba NRC Health, (NASDAQ:NRC) today announced results for the third quarter 2023. Regarding the Company’s 2023 third quarter, Kevin Karas, Chief Financial Officer, said, “New sales increased compared to the third quarter of 2022, supported by growth in our Human Understanding Program, with adoption by 91 healthcare organizations as of September 30, 2023. While building our sales pipeline, we are also highly focused on controlling costs in an inflationary environment. We have realized sequential quarterly operating margin improvement in the last two quarters and will continue to emphasize returning to our historical operating margins.” Mr. Karas continued: “From a capital standpoint, NRC remains well-positioned to execute the entire range of capital allocation...

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DLC Releases Q3-2023 Results; YTD Funded Volumes of $42.3 Billion; Management Change

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three (“Q3-2023”) and nine months ended September 30, 2023. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated November 7, 2023 and 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. DLCG includes the Corporation and its three main subsidiaries: MCC Mortgage Centres Canada Inc. (“MCC”), MA Mortgage Architects Inc. (“MA”), and Newton Connectivity Systems Inc. (“Newton”). Q3-2023 SummaryQ3-2023 funded volumes of $17.7 billion, representing a 9% decrease as compared...

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Innospec Reports Third Quarter 2023 Financial Results

Strong sequential improvement in Performance Chemicals; Continued excellent results in Oilfield Services; Consistent performance in Fuel Specialties $58.1 million cash generated from operations in the quarter; Net cash improves to $207.2 million Maintaining a strong, debt-free, flexible balance sheet Dividend for full year increased by 10 percent GAAP EPS $1.57 and adjusted non-GAAP EPS $1.59 ENGLEWOOD, Colo., Nov. 07, 2023 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the third quarter ended September 30, 2023. At the same time, the Company announced that it has declared a semi-annual dividend of 72 cents per common share for the second half of 2023 which will be paid on November 27, 2023 to shareholders of record as of November 20, 2023. This brings the annual dividend to $1.41 per...

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BigBear.ai Announces Definitive Merger Agreement to Acquire Pangiam as well as First Quarter of Positive Net Income, Positive Adjusted EBITDA & Positive Cash Flows from Operations in Third Quarter 2023 Financial Results

Announced a definitive merger agreement to acquire Pangiam in an all-stock transaction, combining facial recognition and advanced biometrics with BigBear.ai’s computer vision capabilities to spearhead the vision AI industry: Press Release First quarter of positive net income, positive adjusted EBITDA, and positive cash flows from operations since public company debut in December 2021 Reiterating FY Guidance of Revenue between $155 million and $170 million and Single Digit Negative Adjusted EBITDA*COLUMBIA, Md., Nov. 07, 2023 (GLOBE NEWSWIRE) — BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai”, “BBAI”, or the “Company”), a leader in AI-powered decision intelligence solutions, today announced financial results for the third quarter of 2023 and issued an investor letter that has been posted to the Investor Relations section...

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Phillips Edison & Company Declares Monthly Dividend Distributions

CINCINNATI, Nov. 07, 2023 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared monthly dividend distributions of $0.0975 per share of the Company’s common stock payable on December 1, 2023; January 2, 2024; February 1, 2024; and March 1, 2024 to stockholders of record as of November 17, 2023; December 15, 2023; January 16, 2024; and February 15, 2024, respectively. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on:Twitter at https://twitter.com/PhillipsEdison...

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Supernus to Participate in the Jefferies London Healthcare Conference

ROCKVILLE, Md., Nov. 07, 2023 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a biopharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, announced today that Jack Khattar, President and CEO of Supernus Pharmaceuticals, will participate in a fireside chat at the Jefferies London Healthcare Conference on Wednesday, November 15, 2023, at 9:00 a.m. ET (2:00 p.m. GMT) at the Waldorf Hilton, London, UK. Investors interested in arranging a meeting with company management during the conference should contact the Jefferies conference coordinator. A live audio webcast of the presentation can be accessed here or by visiting Events & Presentations in the Investor Relations section on the Company’s website at www.supernus.com. An archived...

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PHX Energy Announces All-Time Record Quarterly Results, 33% Increase to Dividend and 2023 & 2024 Capital Expenditures

CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) — Third Quarter HighlightsFor the three-month period ended September 30, 2023, PHX Energy generated consolidated revenue of $169.4 million, the highest level of quarterly revenue in the Corporation’s history. With the first quarter of 2023 being the second highest level on record, the 2023-year is tracking to be a record year for PHX Energy. Consolidated revenue in the 2023-quarter included $11.9 million of motor rental revenue and $6.2 million of motor equipment and parts sold. Earnings from continuing operations, adjusted EBITDA(1) from continuing operations, and adjusted EBITDA as a percentage of consolidated revenue are the best level of quarterly results on record. Earnings from continuing operations increased to $24.9 million ($0.50 per share), an increase of 85 percent...

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AFARAK GROUP SE: CHANGE IN CORPORATE MANAGEMENT

21:30 London, 23:30 Helsinki, 7 November 2023 – Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE: CHANGE IN CORPORATE MANAGEMENT Stock Exchange Release The Board of Directors of the Company has today appointed Christoph Kemper, General Manager of Elektrowerk Weisweiler GmbH (“EWW”), as the Chief Technical Officer of Afarak Group as of 7 November 2023. Christoph Kemper will also continue in his current position in EWW. Helsinki, November 7, 2023 AFARAK GROUP SE Board of Directors For additional information, please contact: Afarak Group SE Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com Financial reports and other investor information are available on the Company’s website: www.afarak.com. Afarak Group is a specialist alloy producer focused on delivering...

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