During Monday’s Current trade, Shares of Trimble Navigation Limited (NASDAQ:TRMB), lost -4.15% to $18.00.
Trimble (TRMB) declared financial results for the second quarter of 2015.
Second Quarter 2015 Financial Summary
Second quarter 2015 revenue of $585.8 million was down 9 percent as contrast to the second quarter of 2014. Engineering and Construction revenue was $338.5 million, down 8 percent. Field Solutions revenue was $87.1 million, down 24 percent. Mobile Solutions revenue was $128.3 million, up 4 percent. Advanced Devices revenue was $31.9 million, down 13 percent. Foreign currency translation unfavorably influenced company revenue by about 4 percent as contrast to the second quarter of 2014.
GAAP operating income was $36.0 million, down 63 percent as contrast to the second quarter of 2014. GAAP operating margin was 6.1 percent of revenue as contrast to 15.1 percent of revenue in the second quarter of 2014.
Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software.
Shares of SM Energy Co (NYSE:SM), declined -4.55% to $31.50, during its current trading session.
SM Energy Company (SM) declares that the Company will be participating in the following forthcoming investor event:
September 8, 2015 – Barclays CEO Energy-Power Conference. Jay Ottoson, President and CEO, will present at 11:45 AM Eastern Time.
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken/Three Forks formations in the North Dakota portion of the Williston Basin; Permian region covering western Texas and southeastern New Mexico; and Mid-Continent region, which manages Haynesville and Woodford shale assets. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.
First Majestic Silver Corp (NYSE:AG), during its Monday’s current trading session decreased -0.27% to $3.71.
FIRST MAJESTIC SILVER CORP. (AG) declared the unaudited interim merged financial results of the Company for the second quarter ended June 30, 2015. The full version of the financial statements and the administration talk about and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.
SECOND QUARTER 2015 FINANCIAL HIGHLIGHTS
- Generated revenues of $54.2 million.
- Mine operating earnings amounted to $3.4 million.
- Operating cash flows before movements in working capital and taxes of $16.4 million or $0.14 per share
- Net loss after taxes amounted to $2.6 million or per share of ($0.02).
- Produced 3.8 million silver equivalent ounces, counting 2.7 million ounces of pure silver.
- Total cash cost, net of by-product credits, was $8.74 per payable silver ounce.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, counting the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State. It also holds interests in the La Luz silver project located in in San Luis Potosi State; the Plomosas silver project located in Sinaloa State; and the Jalisco group of properties located in the Etzatlan mining district in Jalisco, Mexico.
Finally, Terex Corporation (NYSE:TEX), decreased -4.49%, to $21.08.
Terex Corporation (TEX) declared income from ongoing operations of $85.2 million, or $0.78 per share for the second quarter of 2015, as contrast to income from ongoing operations of $87.8 million, or $0.76 per share for the second quarter of 2014. Net sales were $1,828.5 million in the second quarter of 2015, a decrease of $226.6 million, or 11.0%, when contrast with $2,055.1 million in the second quarter of 2014. Not taking into account the impact of currency, net sales declined about 2.0%. Income from operations was $148.3 million in the second quarter of 2015, a decrease of $12.6 million when contrast to income from operations of $160.9 million in the second quarter of 2014.
Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, and light towers, in addition to related components and replacement parts under Terex and Genie names. The company’s Construction segment offers compact construction equipment, counting loader backhoes, mini and midi excavators, wheeled excavators, site dumpers, compaction rollers, skid steer loaders, and wheel loaders; and specialty equipment, such as material handlers, concrete mixer trucks, and concrete pavers. Its Cranes segment designs, manufactures, services, refurbishes, and markets mobile telescopic, tower, lattice boom crawler, lattice boom truck, utility equipment, and truck-mounted cranes, in addition to related components and replacement parts under Terex name.
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