On Friday, NxStage Medical, Inc. (NASDAQ:NXTM)’s shares declined -1.77% to $16.62.
NxStage Medical, Inc. (NXTM) stated first quarter financial results that exceed the top end of its guidance range.
Revenue for the first quarter of 2015 raised 10 percent to $79.5 million, contrast with revenue of $72.2 million for the first quarter of 2014. The Company’s revenue guidance range for the first quarter was $77.5 million to $78.5 million. The enhance was driven by outperformance in the System One segment which comprises of Home and Critical Care.
Home revenue raised 19 percent to $43.5 million for the first quarter of 2015 contrast with revenue of $36.5 million for the first quarter of 2014.
Critical Care revenue raised 9 percent to $16.1 million for the first quarter of 2015 contrast with revenue of $14.7 million for the first quarter of 2014.
Comprising with the Company’s guidance, In-center revenue was $17.9 million for the first quarter of 2015 contrast with revenue of $18.9 million for the first quarter of 2014.
NxStage Medical, Inc., a medical device company, develops, manufactures, and markets products for the treatment of kidney failure, fluid overload, and related blood treatments and procedures. Its primary product comprises the System One, a portable hemodialysis system used for the treatment of acute and chronic kidney failure, and fluid overload.
Hecla Mining Company (NYSE:HL)’s shares dropped -1.64% to $3.00.
Hecla Mining Company (HL) declared first quarter net income applicable to common stockholders of $12.4 million, or $0.03 per basic share, and adjusted net loss applicable to common stockholders of $7.0 million, or $0.02 per basic share.
FIRST QUARTER 2015 HIGHLIGHTS AND NOTEWORTHYITEMS
- Sales of $119.1 million.
- Operating cash flow of $21.4 million.
- Adjusted EBITDA of $35.0 million.
- Total silver production of 2.9 million ounces at a cash cost, after by-product credits, per silver ounce of $4.93.
- Total gold production of 40,650 ounces, of which 25,411 ounces were produced at Casa Berardi at a cash cost, after by-product credits, per gold ounce of $974.
- Silver equivalent production of 8.7 million ounces.
OPERATIONS OVERVIEW
Greens Creek production of 2.0 million ounces of silver in the first quarter raised 14% over the same period of 2014, as the mine realized an 11% enhance in silver ore grades and higher recoveries.
Lucky Friday silver production of 0.84 million ounces in the first quarter of 2015 raised 20% over the same period of 2014. The enhance is attributable to higher ore grades and recoveries, despite lower ore production due to mine sequencing.
Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide.
At the end of Friday’s trade, InterCloud Systems Inc (NASDAQ:ICLD)‘s shares surged 17.51% to $3.96.
InterCloud Systems Inc (ICLD) will hold a conference call to talk about its financial results for the First Quarter 2015. CEO Mark Munro and CFO Tim Larkin will take part in the call, which is planned for Wednesday May 13, 2015, at 10:00 a.m. Eastern time (7:00 a.m. Pacific).
InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally. It operates through three segments: Applications and Infrastructure, Professional Services, and Cloud and Managed Services.
Servicesource International Inc (NASDAQ:SREV), ended its Friday’s trading session with 16.00% gain, and closed at $4.35.
Servicesource International Inc (SREV) declared the release of its Revenue Lifecycle Administration Maturity Model. As part of an emerging segment within customer lifecycle administration (CLM), the Revenue Lifecycle Administration Maturity Model provides a framework for assisting companies continuously improve their customer retention and recurring revenue growth efforts.
The model was developed based on more than 15 years of expertise in analyzing, benchmarking and delivering revenue lifecycle solutions to leading global enterprises such as Adobe (ADBE). Using this framework, companies can understand their unique revenue lifecycle ‘fingerprint,’ based on a variety of factors counting the size of their customer base, the complexity of their products and solutions, existing renewal rates and competitive market dynamics.
Servicesource International, Inc. provides recurring revenue administration, maintenance, support, and subscription for technology and technology-enabled healthcare and life sciences companies. The company operates in two segments: Managed Services, and Cloud and Business Intelligence.
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