On Monday, Shares of Synthesis Energy Systems, Inc. (NASDAQ:SYMX), gained 4.93% to $1.49.
Synthesis Energy Systems, will release financial results for its fiscal 2015 third quarter ended March 31, 2015, on Tuesday, May 12, 2015. SES’s President and CEO, Robert W. Rigdon, and CFO and Corporate Secretary, Roger L. Ondreko, will hold a conference call to review the Company’s financial results and provide an update on corporate developments starting at 4:15 p.m. EDT on May 12.
Synthesis Energy Systems, Inc., a development stage energy and gasification technology company, provides various proprietary gasification technology systems and solutions to the energy and chemical industries worldwide.
At the end of Monday’s trade, Shares of Momenta Pharmaceuticals Inc. (NASDAQ:MNTA), jumped 4.90% to $19.07.
Momenta Pharmaceuticals, declared that its presentation at the Deutsche Bank 40th Annual Health Care Conference will be webcast on Thursday, May 7, 2015 at 2:10 p.m. ET.
Momenta Pharmaceuticals, Inc., a biotechnology company, focuses on developing generic versions of complex drugs, biosimilars, and novel therapeutics for oncology and autoimmune diseases.
AMC Networks Inc. (NASDAQ:AMCX), ended its last trade with 4.88% gain, and closed at $80.02, hitting its highest level.
AMC Networks, stated financial results for the first quarter ended March 31, 2015.
First quarter net revenues raised $144 million, or 27.5%, to $669 million over the first quarter of 2014, led by 25.4% growth at National Networks and 38.9% growth at International and Other as compared to the preceding year period. Adjusted Operating Cash Flow (“AOCF”)2 totaled $259 million, an enhance of 55.1%, or $92 million, as compared to the preceding year period. National Networks AOCF raised 42.5%, or $76 million, and International and Other AOCF raised $17 million as compared to the preceding year period. Operating income was $231 million, an enhance of 56.3%, or $83 million, as compared to the preceding year period. The operating income enhance resulted from 42.5% growth at National Networks and a decrease of $11 million in operating loss at International and Other.
National Networks principally comprises of the Company’s five nationally distributed programming networks, AMC, WE tv, BBC AMERICA, IFC and SundanceTV.
National Networks revenues for the first quarter 2015 raised 25.4% to $563 million, AOCF grew 42.5% to $253 million, and operating income rose 42.5% to $240 million, all contrast to the preceding year period.
Growth in revenues was primarily led by a 25.3% enhance in advertising revenues to $260 million. The enhance in advertising revenues was due to strong demand for our original programming, primarily at AMC, in addition to the inclusion of BBC AMERICA in the current year period. Distribution revenues raised 25.6% to $302 million. The growth in distribution revenues was primarily attributable to enhances in associate fees, counting the inclusion of BBC AMERICA, in addition to enhances in licensing revenues.
First quarter AOCF raised 42.5% to $253 million reflecting the enhance in revenues partially offset by an enhance in operating expenses. The enhance in operating expenses was primarily attributable to higher programming expenses in addition to the inclusion of BBC AMERICA in the current year period. The enhance in operating income primarily reflected the growth in AOCF.
AMC Networks Inc. owns and operates various cable television’s brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks, and International and Other.
Finally, Lake Shore Gold Corp. (NYSEMKT:LSG), closed at $1.04, with 4.38% gain.
Lake Shore Gold, declared an expanded exploration program at the 144 Gap Zone, the launch of a new program to explore the 144 Trend to the southwest towards the 144 North and 144 South areas, in addition to the addition of a new underground exploration program at the Bell Creek Complex.
The new work at 144 is predictable to add $7.0 million to the Company’s exploration expenditures in 2015, while the additional drilling and development at Bell Creek will involve about $6.0 million of new expenditures.
At 144, the 60,000 metres of new drilling will comprise about 50,000 metres of surface drilling and 10,000 metres of drilling from underground. The Company also plans to undertake a new surface geophysical exploration program. The current program at 144 involves a combined total of 120,000 metres of diamond drilling, 90,000 metres from surface and 30,000 metres from underground, and the excavation of a 1,200 metre underground exploration drift to provide a drill platform. To date, about half of the 90,000 metre surface drilling program has been accomplished, with the underground exploration drift having advanced about 450 metres.
The new underground drilling at the 144 Gap Zone will enhance the 2015 underground drilling program from 30,000 metres to 40,000 metres. The additional drilling is a result of the success of recent surface drilling in identifying a zone of gold mineralization that is larger than envisioned in the original underground program. The 10,000 additional metres is also intended to enhance the proportion of measured and indicated resources to be comprised of in the first resource estimate for the 144 Gap Zone, to be released as part of the Company’s next reserve and resource update early in 2016.
Lake Shore Gold Corp., a gold mining company, engages in the acquisition, exploration, and development of gold properties in Canada. It also explores for silver ores. The company’s principal properties comprise the Timmins West Complex, which covers an area of about 130 square kilometers located in Timmins, Ontario; Bell Creek Complex that covers an area of about 32 square kilometers situated in Timmins, Ontario.
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