On Friday, in the course of Afternoon trade, Shares of Lattice Semiconductor (NASDAQ:LSCC), dropped -0.40%, and is now trading at $5.00.
Lattice Semiconductor Corporation, declared financial results for the fiscal second quarter ended July 4, 2015.
The Company stated record quarterly revenues on a GAAP basis of $106.5 million, which was up 20% sequentially, as contrast to the first quarter 2015 revenue of $88.6 million, and was up 7%, as contrast to the second quarter 2014 revenue of $99.3 million. Revenue for the second quarter 2015 was $109.4 million on a non-GAAP basis. Gross margin on a GAAP basis was 54.6% for the second quarter of 2015, as contrast to first quarter 2015 gross margin of 54% and 55.4% for the second quarter of 2014. Gross margin for the second quarter 2015 was 56.9% on a non-GAAP basis. Total operating expenses for the second quarter 2015 were $63.2 million on a non-GAAP basis.
Lattice Semiconductor Corporation designs, develops, and markets programmable logic products and related software in Asia, Europe, and the Americas. It offers products based on field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs) architectures.
During an Afternoon trade, Shares of Bill Barrett Corporation (NYSE:BBG), dipped -3.21%, and is now trading at $6.03.
Bill Barrett Corporation, declared that its second quarter 2015 financial and operating results press release will be issued after market close on Thursday, August 6, 2015. The Company will host a conference call to talk about the press release on Friday, August 7, 2015, at 10:00 a.m. EDT (8:00 a.m. MDT). The full text of the release will be accessible on the company’s website at www.billbarrettcorp.com.
Bill Barrett Corporation, an independent energy company, acquires, explores for, and develops oil and natural gas resources in the United States. It primarily holds interests in the Denver-Julesburg basin, the Uinta oil program in the Uinta Basin, and the Gibson Gulch area in the Piceance basin in the Rocky Mountain region of the United States. The company was founded in 2002 and is headquartered in Denver, Colorado.
Shares of Vantage Drilling Company (NYSEMKT:VTG), during its Friday’s current trading session gained 0.48%, and is now trading at $0.1467.
Last night, Brazilian media stated that Vantage Drilling Company’s (NYSE MKT: VTG) agent utilized during the contracting of the Titanium Explorer drillship with Petrobras, Mr. Hamylton Padilha, has made statements in cooperation with Brazilian authorities conducting investigations of corruption with former Petrobras executives and Brazilian politicians. The media reports state that Mr. Padilha made admissions of wrongdoing. We have not been able to confirm these statements. Mr. Padilha has acted as an agent representing numerous international companies in connection with their drilling contracts in Brazil over a period of many years. Furthermore, if Mr. Padilha committed any illegal acts, he was not acting on our behalf or upon any instructions from the Company. While we have not been contacted by any governmental authority investigating these matters, Vantage supports cooperation with the Brazilian authorities and remains committed to conducting our operations in accordance with the highest standards of business ethics.
Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with an owned fleet of three ultra-deepwater drillships, the Platinum Explorer, the Titanium Explorer and the Tungsten Explorer, in addition to an additional ultra-deepwater drillship, the Cobalt Explorer, now under construction, and four Baker Marine Pacific Class 375 ultra-premium jackup drilling rigs. Vantage’s primary business is to contract drilling units, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells. Vantage also provides construction supervision services for, and will operate and manage, drilling units owned by others. Through its fleet of seven owned drilling units, Vantage is a provider of offshore contract drilling services globally to major, national and large independent oil and natural gas companies.
Vantage Drilling Company, through its auxiliaries, provides offshore contract drilling services in the United States and internationally. It offers drilling units, related equipment, and work crews under contract to drill oil and natural gas wells.
Finally, Warren Resources, Inc.(NASDAQ:WRES), lost -6.49% Friday.
Warren Resources, declared that it has accomplished its offer to exchange up to $230,410,000 aggregate principal amount of its 9.000% Senior Notes due 2022, which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”), for up to $230,410,000 million of its outstanding 9.000% Senior Notes due 2022, which were formerly issued in a private placement (the “Private Notes”).
The registered exchange offer, which expired at 5:00 p.m. Eastern Time on July 23, 2015, fulfilled the Company’s obligations regarding the registration of the outstanding Private Notes. Following a registration rights agreement reached by the Company in connection with the initial offering of the Private Notes, the Company agreed to file a registration statement with the Securities and Exchange Commission regardingthe exchange offer and the Exchange Notes.
Warren Resources, Inc., an independent energy company, engages in the exploration, development, and production of domestic onshore crude oil and gas reserves. The company primarily focuses on the exploration and development of waterflood oil recovery projects in the Wilmington field within the Los Angeles Basin of California; Marcellus Shale project in northeastern Pennsylvania; and coalbed methane natural gas properties located in the Rocky Mountain region.
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