On Wednesday, Endurance International Group Hldgs Inc (NASDAQ:EIGI)’s shares declined -6.95% to $18.33.
Endurance International Group Hldgs Inc (EIGI) declared that Hari Ravichandran, founder and chief executive officer, will present at the 2015 Jefferies Technology, Media & Telecom Conference in Miami on Tuesday, May 12, 2015 at 2:00 p.m. EDT.
Endurance International Group Holdings, Inc., together with its auxiliaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. It offers domain registration, administration, and resale services; proprietary, third-party, and open source Website building tools and design services that enable subscribers with varying degrees of technical sophistication to create a customized Web presence; Web hosting services, counting entry-level shared hosting, and virtual private server and dedicated hosting services; malware protection solutions to protect subscribers Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to plan, maintain, manage, and restore backups of their online data and Websites to meet their particular business needs.
Open Text Corporation (USA) (NASDAQ:OTEX)’s shares dropped -6.25% to $51.93.
Open Text Corporation (USA) (OTEX) declared its financial results for the third quarter ended March 31, 2015.
OpenText CEO Mark J. Barrenechea stated that In Q315, their cloud revenue grew 12%, up 17% in constant currency and they closed 7 iX deals over $1 million, the benefit of which they will see in their future ongoing cloud revenues. Their products and services are resonating with enterprise customers and OpenText is well positioned to lead the digital transformation in the cloud.
Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices.
At the end of Wednesday’s trade, El Pollo LoCo Holdings Inc (NASDAQ:LOCO)‘s shares dipped -6.05% to $26.56.
El Pollo LoCo Holdings Inc (LOCO) declared that it will host a conference call to talk about its first quarter 2015 financial results on Thursday, May 14, 2015 at 5:00 PM Eastern Time. Hosting the call will be Steve Sather, Chief Executive Officer and President, and Larry Roberts, Chief Financial Officer. A press release with first quarter 2015 financial results will be issued that same day, shortly after the market close.
El Pollo Loco Holdings, Inc., through its partner, El Pollo Loco, Inc., develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name in the United States.
AK Steel Holding Corporation (NYSE:AKS), ended its Wednesday’s trading session with -5.98% loss, and closed at $5.03.
AK Steel Holding Corporation (AKS) stated a net loss of $306.3 million, or $1.72 per diluted share of common stock, for the first quarter of 2015, which comprises a non-cash impairment charge of $256.3 million, or $1.44 per diluted share, for the company’s investment in Magnetation LLC (talk abouted below). Not taking into account that one-time impairment charge, the company stated an adjusted net loss of $50.0 million, or $0.28 per diluted share, for the first quarter of 2015, contrast to a net loss of $86.1 million, or $0.63 per diluted share, for the first quarter of 2014 and net income of $13.5 million, or $0.07 per diluted share, for the fourth quarter of 2014. Results for the first quarter of 2015 also comprised of unrealized mark-to-market losses of $9.7 million, or $0.05 per diluted share, on commodity derivatives talk abouted below. The company stated adjusted EBITDA (as defined in the “Non-GAAP Financial Measures” section below) of $57.5 million, or $33 per ton, for the first quarter of 2015 contrast to an adjusted EBITDA loss of $2.8 million, or $2 per ton, for the year-ago first quarter and adjusted EBITDA of $110.7 million, or $47 per ton, for the fourth quarter of 2014.
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms.
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