On Friday, Shares of Cyberark Software Ltd (NASDAQ:CYBR), gained 1.10% to $58.70.
CyberArk, declared financial results for the second quarter ended June 30, 2015.
Financial Highlights for the Second Quarter Ended June 30, 2015
Revenue:
Total revenue was $36.4 million, up 70% year-over-year contrast with the second quarter of 2014.
License revenue was $22.3 million, up 100% contrast with the second quarter of 2014.
Maintenance and Professional Services revenue was $14.1 million, up 38% from the second quarter of 2014.
Operating Income:
GAAP operating income was $6.5 million for the quarter, up from $3.1 million in the second quarter of 2014.
Non-GAAP operating income was $8.2 million for the quarter, up from $3.3 million in the second quarter of 2014.
Net Income:
GAAP net income was $4.9 million, up from $1.2 million in the second quarter of 2014.
GAAP net income per share was $0.14, contrast to a GAAP net loss per share of $(0.01) in the second quarter of 2014, based on 35.0 and 7.1 million weighted average diluted shares, respectively.
Non-GAAP net income was $6.6 million, up from $2.4 million in the second quarter of 2014.
Non-GAAP net income per share was $0.19, contrast to non-GAAP net income per share of $0.09 in the second quarter of 2014, based on 35.0 and 27.4 million weighted average diluted shares, respectively.
CyberArk Software Ltd. develops, markets, and sells software-based IT security solutions that protect organizations from cyber attacks in the United States and internationally. The company offers privileged account security solution to secure, manage, and monitor privileged account access and activities.
Shares of Ameren Corp (NYSE:AEE), inclined 0.28% to $42.74, during its last trading session.
Ameren Corporation, declared a quarterly cash dividend on its common stock of 41 cents per share. This dividend is payable Sept. 30, 2015, to shareholders of record at the close of business on Sept. 10, 2015.
Separately, the board of directors of Union Electric Company, doing business as Ameren Missouri, declared regular quarterly cash dividends on all classes of Union Electric Company’s preferred stock. These preferred stock dividends are payable Nov. 15, 2015, to shareholders of record at the close of business on Oct. 16, 2015.
In addition, the board of directors of Ameren Illinois Company declared regular quarterly cash dividends on all classes of Ameren Illinois Company’s preferred stock. These preferred stock dividends are payable Nov. 2, 2015, to shareholders of record at the close of business on Oct. 12, 2015.
Ameren Corporation operates as a public utility holding company in the United States. The company engages in the rate-regulated electric generation, transmission, and distribution; and rate-regulated natural gas transmission and distribution businesses. It primarily generates electricity through coal, solar, wind, nuclear power, natural gas, methane gas, hydroelectric power, and oil.
At the end of Friday’s trade, Shares of Quantum Corp (NYSE:QTM), gained 7.84% to $1.10.
Quantum Corp., declared that it has amended its credit agreement with Wells Fargo Capital Finance, LLC to provide additional flexibility in using proceeds from loans under the agreement to repay the $84 million in convertible notes due Nov. 15, 2015. Among other changes, the amendment enhances the amount of foreign accounts receivable and intellectual property assets comprised of in the borrowing base and modifies the maturity date.
“As we’ve formerly stated, we have the resources to pay off the convertible notes due this November and expect to utilize a combination of our cash on hand, cash we generate from operations and the $75 million revolver offered for under the Wells Fargo credit agreement,” said Linda Breard, senior vice president and CFO at Quantum. “The credit agreement amendment declared recently gives us more freedom in determining the exact combination of resources we will use to meet this obligation.”
Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage portfolio comprises StorNext software, appliances and full systems called StorNext Pro Solutions, in addition to Lattus extended online storage and Q-Cloud Archive services.
Finally, AEGON N.V. (ADR) (NYSE:AEG), ended its last trade with -1.90% loss, and closed at $6.73.
Aegon Reports Enhance in Earnings, Sales, and Cash Flows for the Second Quarter of 2015.
- Solid underlying earnings
- Underlying earnings enhance to EUR 549 million as fee business growth and the stronger US dollar were partly offset by lower US life & protection results, counting adverse mortality of EUR 17 million
- Equity and interest rate hedging programs main drivers of fair value losses of EUR 293 million
- Net income amounts to EUR 350 million
- Return on equity of 8.2% and 8.9% not taking into account capital allocated to run-off businesses
- Continued strong profitable sales
- US retirement plans and asset administration main drivers behind gross deposits of EUR 16.8 billion
- and net deposits of EUR 3.2 billion
- New life insurance sales level at EUR 518 million
- Accident & health and general insurance sales stable at EUR 248 million
- Market consistent value of new business of EUR 183 million influenced by low interest rates
- Increase in interim dividend supported by strong cash flows
- Operational free cash flows not taking into account market impacts and one-time items of EUR 388 million
- Holding excess capital of EUR 1.5 billion and gross leverage ratio improves to 27.7%
- Interim dividend enhances to EUR 0.12 per share; dilutive effect of stock dividend to be neutralized
- More clarity obtained on Solvency II; ratio predictable to be in the range of 140 - 170%
Aegon N.V. provides life insurance, pensions, and asset administration services. The company operates through the Americas, the Netherlands, the United Kingdom, and New Markets. The company offers life and protection products, such as traditional and universal life, endowment, term, and whole life insurance products; and supplemental health, accidental death and dismemberment insurance, critical illness, cancer treatment, credit/disability, income protection, travel, and long-term care insurance.
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