On Friday, RXi Pharmaceuticals Corp (NASDAQ:RXII)’s shares declined -5.39% to $0.530.
RXi Pharmaceuticals Corp (RXII) declared that it will report financial results for the first quarter ended March 31, 2015 on Wednesday, May 13, 2015 after the close of the U.S. financial markets.
RXi Pharmaceuticals Corporation, a biotechnology company, focuses on discovering and developing therapies primarily in the areas of dermatology and ophthalmology. The company develops therapies based on siRNA technology and immunotherapy agents.
Incontact Inc (NASDAQ:SAAS)’s shares dropped -5.30% to $10.19.
Incontact Inc (SAAS) reports record financial results for the first quarter ended March 31, 2015.
Revenue
Software segment revenue totaled $32.5 million for the quarter ended March 31, 2015, an enhance of 62% from $20.0 million in Q1 2014. Combined Software and Software-related Network connectivity revenue for the quarter ended March 31, 2015 was $49.2 million, an enhance of 43% from $34.4 million for the quarter ended March 31, 2014. About 89% of Network connectivity segment revenues were derived from contracts with customers utilizing our contact center software.
Merged revenue for the quarter ended March 31, 2015 was $51.3 million as compared to $37.1 million for the same period in 2014, an enhance of 39%.
inContact, Inc. provides cloud contact center software solutions, and network connectivity services in the United States. The company operates in two segments, Software and Network Connectivity.
At the end of Friday’s trade, Hemisphere Media Group Inc (NASDAQ:HMTV)‘s shares dipped -4.65% to $12.10.
Hemisphere Media Group Inc (HMTV) declared the pricing of a secondary public offering of 3,195,583 shares of its Class A common stock at a public offering price of $12.00 per share. The shares being offered are being sold by certain stockholders of the Company and the Company will not receive any of the proceeds from the sale of their shares. In addition, the underwriters have a 30-day option to purchase from the Company up to an additional 479,337 shares of Class A common stock. The offering is predictable to close on or around May 13, 2015, subject to customary closing conditions.
Hemisphere Media Group, Inc. owns and operates cable and television broadcasting networks in the United States. It operates Cinelatino, a Spanish-language cable movie network with about 15 million subscribers in the United States, Latin America, and Canada; and broadcast television network, in addition to produces television content under the WAPA name.
InvenSense Inc (NYSE:INVN), ended its Friday’s trading session with -3.90% loss, and closed at $14.52.
InvenSense Inc (INVN) declared results for its fourth quarter and fiscal year ended March 29, 2015.
Net revenue for the fourth quarter of fiscal 2015 was $99.3 million, down 14 percent from $115.9 million for the third quarter of fiscal 2015, and up 68 percent from $59.0 million for the fourth quarter of fiscal 2014.
Gross margin determined in accordance with U.S. generally accepted accounting principles (GAAP) was 43 percent for the fourth quarter of fiscal 2015, comprising with the third quarter of fiscal 2015. GAAP gross margin for fourth quarter of fiscal 2015 comprised of stock-based compensation and related payroll taxes, and amortization of acquisition intangibles. Not taking into account these items, non-GAAP gross margin was 46 percent for the fourth quarter of fiscal 2015, comprising with the third quarter of fiscal 2015.
GAAP net income for the fourth quarter of fiscal 2015 was $0.4 million, or zero cents per diluted share. By comparison, GAAP net income was $10.2 million, or 11 cents per diluted share for the third quarter of fiscal 2015. GAAP net income for the fourth quarter of fiscal 2015 comprised of stock-based compensation and related payroll taxes, accreting interest expense on convertible notes, amortization of acquisition intangibles, business acquisition costs, certain legal expenses and the income tax effect of non-GAAP adjustments. Not taking into account these items, non-GAAP net income for the fourth quarter of fiscal 2015 was $11.4 million, or 12 cents per diluted share, contrast with $19.3 million, or 21 cents per diluted share, for the third quarter of fiscal 2015.
InvenSense, Inc. designs, develops, markets, and sells micro-electro-mechanical system (MEMS) gyroscopes for motion tracking devices in consumer electronics. The company delivers motion interface solutions based on its multi-axis technology that target smartphones and tablets, console and portable video gaming devices, digital still and video cameras, smart TVs, navigation devices, toys, and health and fitness accessories.
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