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After Market Hours: Jiayin Group, Comtech, CureVac Gain; Progress Software, Owens & Minor Slip

Jiayin Group Inc. (JFIN) - Shares of the Chinese online financial marketplace surged over 30% on Tuesday after the bell. Jiayin Group said it has closed the acquisition of 35% equity interest in Keen Best Investment Ltd. from China Smartpay Group Holdings.

Comtech Telecommunications Corp. (CMTL) - Shares of the company gained 8% in after-hours trading Tuesday after the company's fourth-quarter results trumped Street estimates. Net income dropped to $1.13 million or $0.04 per share from $6.14 million or $0.25 per share. Sales dropped to $149.7 million from $176.4 million. Analysts polled by Thomson Reuters estimated a loss of $0.11 per share on revenues of $142.39 million. The company also announced a new $100 million stock repurchase program and declared a quarterly dividend of $0.10 per share.

CureVac N.V. (CVAC) - Shares of the company gained 9% in extended session Tuesday after the clinical-stage biopharmaceutical company said the first participant has been dosed in a Phase 2a clinical trial of its COVID-19 vaccine candidate, CVnCoV. The dose-confirmation study, entitled CV-NCOV-002, is being conducted in Peru and Panama and will enroll a total of 690 healthy participants in two distinct groups.

Progress Software Corporation (PRGS) - Shares of Progress Software Corp. slipped 12% in the extended session Tuesday after the company reported fiscal third-quarter results. The company's profit came in at $23.98 million or $0.53 per share, up from $13.56 million or $0.30 per share last year. Adjusted earnings were $0.78 per share. Revenues rose 2.8% to $109.70 million. Looking forward to the fourth quarter, the company expects earnings of $0.76 to $0.79 per share and revenues of $125 million to $129 million. For the full year, the company now sees earnings of $2.94 to $2.97 per share and revenues of $452 million to $456 million.

Owens & Minor Inc. (OMI) - Shares of the company slipped 4% in extended trading hours Tuesday. Owens & Minor announced it has commenced an offering of $150 million common shares. The company expects to use all or substantially all of the proceeds to repay debt and any remaining proceeds for general corporate purposes.

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Telecom giant AT&T, Inc. reported Thursday a 24 percent decline in profit for the third quarter, primarily hurt by lower revenues across all its operating segments amid the impact from COVID-19 pandemic. Adjusted earnings for the quarter met analysts' expectations, while quarterly revenues topped their estimates. A Brazilian volunteer, who participated in a clinical trial of the COVID-19 vaccine developed by AstraZeneca and Oxford University, has died, Brazilian health authority Anvisa said. Oxford university reportedly confirmed the plan to continue the trial after careful assessment that there have been no concerns about safety of the clinical trial. NASA's Osiris-Rex robotic spacecraft briefly touched down on near-Earth asteroid Bennu's surface on Tuesday to collect rock and dust samples that will be brought back to Earth in 2023. Bennu is currently more than 200 million miles, or 321 million kilometres, from Earth. Osiris-Rex launched from Cape Canaveral Air Force Station in Florida in September 2016.
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