On Friday, Shares of Facebook, Inc. (NASDAQ:FB), lost -1.26% to $94.01.
Facebook stated financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Operational Highlights
- Daily active users (DAUs) – DAUs were 968 million on average for June 2015, an enhance of 17% year-over-year.
- Mobile DAUs – Mobile DAUs were 844 million on average for June 2015, an enhance of 29% year-over-year.
- Monthly active users (MAUs) – MAUs were 1.49 billion as of June 30, 2015, an enhance of 13% year-over-year.
- Mobile MAUs – Mobile MAUs were 1.31 billion as of June 30, 2015, an enhance of 23% year-over-year.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Shares of Whiting Petroleum Corp. (NYSE:WLL), declined -8.45% to $20.49, during its last trading session.
Whiting Petroleum’s production in the second quarter 2015 totaled 15.5 million barrels of oil equivalent (MMBOE), 89% crude oil/natural gas liquids (NGLs). Second quarter 2015 production averaged 170,245 barrels of oil equivalent per day (BOE/d). This represents a 2% enhance over the first quarter 2015 despite non-core property sales of 8,300 BOE/d.
James J. Volker, Whiting’s Chairman, President and CEO, commented, “Net of the sale of 8,300 BOE/d of production in the first half of 2015 from non-core assets, we project full-year 2015 production of 59.5 MMBOE or 6.5% growth over 2014. We plan to run eight rigs in the second half of 2015 as compared to our original plan for 11 rigs and have established a new 2015 capital budget of $2.15 billion as compared to our previous estimate of $2.3 billion.”
Mr. Volker continued, “Our financial position remains strong. Year-to-date, we have sold $300 million of assets, which more than funds the enhance in our capital budget. We ended the second quarter with $60 million in cash and nothing drawn on our $4.5 billion borrowing base. In addition, we anticipate further non-core asset sales by year end.
Assuming no further asset sales in 2015, a Q4 2015 production rate of about 153,000 BOE/d, an eight rig program (six in the Bakken and two in the Niobrara) in 2016, and $50 per Bbl / $3 per MMBtu NYMEX prices, we expect 2016 capex and discretionary cash flow to be about equal at $1 billion and 2016 production to flatten out and average about 147,000 BOE/d.”
Whiting Petroleum Corporation, an independent oil and gas company, acquires, explores, develops, and produces crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers.
Finally, Atmel Corporation (NASDAQ:ATML), ended its last trade with -1.66% loss, and closed at $8.28.
Atmel Corporation declared financial results for its second quarter ended June 30, 2015.
GAAP net income totaled $6.3 million or $0.02 per diluted share for the second quarter of 2015. This compares to net income of $16.5 million or $0.04 per diluted share for the first quarter of 2015 and net income of $19.2 million or $0.05 per diluted share for the second quarter of 2014.
Non-GAAP net income for the second quarter of 2015 totaled $33.7 million or $0.08 per diluted share, contrast to non-GAAP net income of $45.1 million or $0.11 per diluted share in the first quarter of 2015, and $38.3 million or $0.09 per diluted share for the second quarter of 2014. Refer to the non-GAAP reconciliation table comprised of in this release for more details.
Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. It operates in four segments: Microcontroller, Nonvolatile Memory, Automotive, and Multi-Market and Other.
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