During Monday’s Current trade, Shares of Cumulus Media Inc (NASDAQ:CMLS), lost -0.61% to $1.64.
Cumulus Media Inc. (CMLS) declared operating results for the three and six months ended June 30, 2015.
(1) Adjusted EBITDA is not a financial measure calculated or presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). For additional information, see “Non-GAAP Financial Measure and Definition” and “Reconciliation of Non-GAAP Financial Measure to Most Directly Comparable GAAP Measure” comprised of herein.
Cumulus Media Inc. owns and operates radio stations in the United States. It sells commercial advertising time to local, national, and network clients on its radio stations. The company owns and operates about 460 stations in 90 United States media markets; and about 8,500 broadcast radio associates and various digital channels. As of December 31, 2014, it offered sales and marketing services for 11 radio stations in the United States under local marketing agreements.
Shares of Abengoa Yield PLC (NASDAQ:ABY), declined -1.02% to $25.12, during its current trading session.
Abengoa Yield (ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, stated revenues of $308.6 million for the six months ended June 30, 2015, representing an 82% enhance y-o-y and Further Adjusted EBITDA counting unmerged associates of $264.8 million, representing a 93% enhance contrast to the same period of 2014. Cash Accessible for Distribution for the six months reached $83.1 million, with a contribution in the second quarter of $44.6 million.
Solar assets have exceeded expectations due to better solar radiation levels than budget, especially in Europe. Wind assets in South America, representing a small portion of our portfolio, have practiced poorer than predictable wind resource. Mojave is delivering systematically above 90% of the performance model of a fully optimized plant, which is very successful for a large plant with only seven months of operations. Solana is also performing in line with its target, having reached record daily production above 4 GWh per day.
Abengoa Yield plc owns a portfolio of renewable energy, conventional power, and electric transmission line contracted assets in North America, South America, and Europe. The company’s renewable energy assets comprise 2 solar power plants each with a gross capacity of 280 megawatts (MW) in the United States; 1 on-shore wind farm with a gross capacity of 50 MW in Uruguay; and 2 solar power plants each with a gross capacity of 50 MW in Spain. I
GrubHub Inc (NYSE:GRUB), during its Monday’s current trading session decreased -1.77% to $31.15.
GrubHub Inc. (GRUB), the leading takeout marketplace, declared financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
The following results reflect the financial performance and key operating metrics of our business for the three months ended June 30, 2015 as contrast to the same period in 2014.
Second Quarter Financial Highlights
- Revenues: $88.0 million, a 47% year-over-year enhance from $60.0 million in the second quarter of 2014.
- Non-GAAP Adjusted EBITDA: $28.4 million, a 68% year-over-year enhance from $16.9 million in the second quarter of 2014.
- Net Income: $9.4 million, or $0.11 per diluted share, a 247% year-over-year enhance from $2.7 million, or $0.03 per diluted share, in the second quarter of 2014.
- Non-GAAP Net Income: $15.0 million, or $0.17 per diluted share, a 146% year-over-year enhance from $6.1 million, or $0.07 per diluted share.
GrubHub Inc., together with its auxiliaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects about 30,000 local restaurants with diners in about 800 cities. It operates GrubHub and Seamless Websites through grubhub.com and seamless.com. The company also offers GrubHub and Seamless mobile applications and mobile Websites for iPhone, iPad, and Android devices; and Seamless Corporate program that assists businesses address inefficiencies in food ordering and associated billing.
Finally, Rex Energy Corporation (NASDAQ:REXX), gained 3.12%, to $2.31.
Rex Energy Corporation (REXX) declared second quarter 2015 production volumes and price realizations.
Production Results and Price Realizations
Rex Energy’s second quarter 2015 production raised to 206.8 MMcfe/d, a 5% enhance from first quarter 2015, and exceeded the high-end of the company’s formerly stated production guidance of 199.0 – 205.0 MMcfe/d.
Rex Energy Corporation operates as independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins.
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