During Friday’s Current trade, Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP), lost -0.74% to $79.29.
Check Point® Software Technologies Ltd. ( CHKP), the worldwide leader in securing the Internet, recently declared its financial results for the second quarter ended June 30, 2015.
- Total Revenue: $395 million, representing a 9 percent enhance year over year
- Non-GAAP Operating Income: $221 million, representing a 7 percent enhance year over year
- Non-GAAP EPS: $0.99, representing an 11 percent enhance year over year
- Deferred Revenues: $780 million, representing an 18 percent enhance year over year
Financial Highlights for the Second Quarter of 2015:
- Total Revenue: $395 million contrast to $363 million in the second quarter of 2014.
- GAAP Operating Income: $199 million contrast to $190 million in the second quarter of 2014.
- Non-GAAP Operating Income: $221 million contrast to $207 million in the second quarter of 2014.
- GAAP Net Income and Earnings per Diluted Share: GAAP net income was $163 million contrast to $160 million in the second quarter of 2014. GAAP earnings per diluted share were $0.88 contrast to $0.83 in the second quarter of 2014.
- Non-GAAP Net Income and Earnings per Diluted Share: Non-GAAP net income was $183 million contrast to $172 million in the second quarter of 2014. Non-GAAP earnings per diluted share were $0.99 contrast to $0.89 in the second quarter of 2014.
Check Point Software Technologies Ltd. develops, markets, and supports a range of software, combined hardware, and software products and services for information technology (IT) security worldwide. It offers a portfolio of network security, endpoint security, data security, and administration solutions.
Shares of Illumina, Inc. (NASDAQ:ILMN), inclined -0.26% to $200.95, during its current trading session.
Illumina, Inc. (ILMN) declared Illumina Accelerator—the world’s first business accelerator focused solely on creating an innovation ecosystem for the genomics industry—has selected three new startups for its second funding cycle. Selected from a competitive pool of highly qualified applicants, the new startups from across the globe are spurring genomics innovation in healthcare, agriculture, and the winemaking industry.
The selected startups for the spring 2015 funding cycle are:
- PathoGn, Inc. is an infectious disease platform company based in California using genomics and machine learning to build pathogen diagnostics and disease forecasting products for agricultural applications.
- Biome Makers Inc. is a microbiome company founded by The Wine Guys, from Castile and Leon, Spain, introducing advanced genomics in the wine sector to transform the quality standards of vinification.
Illumina, Inc. provides sequencing and array-based solutions for genetic analysis in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa. The company’s products comprise sequencing platforms that are based on its SBS technology, which provides researchers with various ranges of applications and the ability to sequence mammalian genomes; and array platforms comprise of HiScan and iScan systems, in addition to NextSeq 550 system that are array scanners for DNA and RNA analysis applications, counting single nucleotide polymorphism genotyping, copy number variations analysis, gene expression analysis, and methylation analysis.
HD Supply Holdings Inc (NASDAQ:HDS), during its Friday’s current trading session decreased -0.64% to $33.53.
HD Supply, Inc, an indirect wholly-owned partner of HD Supply Holdings, Inc. (HDS) declared its intention to enter into a new Senior Secured Term Loan Facility, the proceeds of which the Company intends to use, together with cash on hand and borrowings under its existing Senior Secured Revolving Facility, to refinance its existing Senior Secured Term Loan Facility. The Company anticipates the new Senior Secured Term Loan Facility will mature in 2021 and will permit the Company to pay down certain existing indebtedness, counting using the predictable proceeds of the recently declared sale of its Power Solutions business unit to redeem all of its outstanding 11% Senior Secured Second Precedingity Notes due 2020 (the “Second Precedingity Notes”). The Company presently anticipates that the Power Solutions transaction will be accomplished in the Company’s fiscal third quarter; however, there can be no assurances that the transaction will be accomplished, as it is subject to market and other customary conditions. The Company anticipates the new Senior Secured Term Loan Facility will generally contain terms and conditions comprising with its existing Senior Secured Term Loan Facility; however, there can be no assurance that a new facility will be accessible on terms satisfactory to the Company or that the Company will enter into any such facility.
HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, in addition to heating, ventilating, and air conditioning products.
Finally, Vonage Holdings Corp. (NYSE:VG), gained 2.11%, to $6.30.
Vonage Holdings Corp. (VG), a leading provider of cloud communications services for consumers and businesses, has designated Omar Javaid as Chief Product Officer. Mr. Javaid will join the Company on August 3 and report to Chief Executive Officer Alan Masarek.
Mr. Javaid will be responsible for the Company’s overall product strategy. He will work with teams across the organization to define and execute Vonage’s product roadmap for Consumer Services and Vonage Business.
Mr. Javaid has more than 20 years of experience creating award-winning products in the technology industry with a focus on telecommunications, media and web product development. He joins Vonage from Rovi Corporation, a cloud-based entertainment discovery company, where he was Senior Vice President and General Manager of Discovery and Cloud Platforms.
Preceding to Rovi, Mr. Javaid held positions as Vice President and General Manager of Commercial Mobility, and Vice President of Product Administration and Marketing for Hewlett-Packard. He has also held executive positions at Motorola Mobility and Qualcomm, Inc. An entrepreneur, Mr. Javaid founded and led two successful technology startups. He earned a B.S. in Chemistry and a B.S. in Cellular and Molecular Biology from the University of Michigan.
Vonage Holdings Corp. provides unified communications as a service solutions connecting people through cloud-connected devices worldwide. The company offers home telephone replacement services to residential customers through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, in addition to area code selection, virtual phone number, and Web-enabled voicemail.
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