On Friday, Chart Industries, Inc. (NASDAQ:GTLS)’s shares declined -8.98% to $36.91.
Chart Industries, Inc. (GTLS) stated results for the first quarter ended March 31, 2015. Highlights comprise:
Continues aggressive cost reduction actions counting planned shutdown of the Owatonna, Minnesota facility
Venture Global LNG FEED study awarded
Net income for the first quarter of 2015 was $5.2 million, or $0.17 per diluted share. First quarter 2015 earnings would have been $0.19 per diluted share not taking into account $0.9 million, or $0.02 per diluted share, of acquisition-related retention costs, in addition to facility shutdown and other severance costs recorded in the quarter. This compares with net income of $12.0 million, or $0.38 per diluted share, for the first quarter of 2014. First quarter 2014 earnings would have been $0.41 per share not taking into account $0.8 million, or $0.02 per diluted share, of acquisition-related costs in that period, in addition to a $0.01 per diluted share impact associated with Chart’s Convertible Notes.
Chart Industries, Inc. manufactures and sells engineered equipment for the industrial gas, energy, and biomedical industries worldwide. The company operates in three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S), and BioMedical.
Support.com, Inc. (NASDAQ:SPRT)’s shares dropped -8.23% to $1.45.
Support.com, Inc. (SPRT) declared that it has joined the ThingWorx Ready(TM) partner program to validate the integration of the Nexus(R) Support Interaction Optimization (SIO) solution with the ThingWorx(R) platform for the Internet of Things (IoT). Support.com enables companies that are developing applications using the ThingWorx application development environment to easily add the Nexus capability to call for and receive support by simply pushing a button. The combined solution assists ThingWorx Solution Providers simplify delivery of support to their end users.
Support.com, Inc. provides cloud-based software and services in North America. It offers Nexus, a cloud based software-as-a-service solution that provides automation and analytics for companies to resolve technology issues and optimize support interactions with their customers.
At the end of Friday’s trade, Magnum Hunter Resources Corp (NYSE:MHR)‘s shares dipped -7.76% to $2.02.
Magnum Hunter Resources Corp (MHR) declared that it has declared a monthly cash dividend on the Company’s 10.25% Series C Cumulative Perpetual Preferred Stock (“Series C Preferred Stock”), a monthly cash dividend on the Company’s 8.0% Series D Cumulative Preferred Stock (“Series D Preferred Stock”) and a monthly cash dividend on the Company’s 8.0% Series E Cumulative Convertible Preferred Stock (“Series E Preferred Stock”). The outstanding shares of Series E Preferred Stock are represented by depositary shares (the “Depositary Shares”), each representing a 1/1,000th interest of a share of Series E Preferred Stock.
The dividend on the Series C Preferred Stock, which is for the month of May 2015, is payable on June 1, 2015, to holders of record at the close of business on May 15, 2015. The payment will be an annualized 10.25% per share, which is equivalent to about $0.2135 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock.
Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States.
Ruckus Wireless Inc (NYSE:RKUS), ended its Friday’s trading session with -7.71% loss, and closed at $10.78.
Ruckus Wireless Inc (RKUS) declared financial results for its first quarter of 2015 ended March 31, 2015.
Financial Summary
Revenue for the first quarter of 2015 was $82.1 million, an enhance of 9.4% from the first quarter of 2014. Revenue for the quarter was influenced by large deals in our North American enterprise business taking longer to close and by continued delays in education spending in advance of the forthcoming release of E-Rate funding.
Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services.
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