On Friday, Glu Mobile Inc. (NASDAQ:GLUU)’s shares declined -4.29% to $4.46.
Glu Mobile Inc. (GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, declared planned participation in the following forthcoming conferences:
Chief Operating Officer and Chief Financial Officer, Eric R. Ludwig, is planned to present at the Oppenheimer 18th Annual Technology, Internet & Communications Conference in Boston, Mass. on Tuesday, August 11, 2015 at 4:25 p.m. Eastern time (1:25 p.m. Pacific time).
Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, casual, racing, and sports genre mobile games. It creates games based on its own brands, counting Blood & Glory, Contract Killer, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, and Tap Sports: Baseball, in addition to based on third-party licensed brands, such as Kim Kardashian: Hollywood, Robocop: The Official Game, and Hercules: The Official Game. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide.
Callon Petroleum Company (NYSE:CPE)’s shares gained 0.13% to $7.51.
Callon Petroleum Company (CPE) declared that senior administration plans to take part in the forthcoming investor event:
EnerCom Oil & Gas Conference 20
The Company will present at the Oil & Gas Conference 20, hosted by EnerCom in Denver, CO on Tuesday, August 18, 2015 at 12:05 pm Eastern Time.
Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2014, its estimated net proved reserves totaled 32.8 million barrel of oil equivalent, counting 25.7 million barrels of oil and 42.5 billion cubic feet of natural gas. The company was founded in 1950 and is headquartered in Natchez, Mississippi.
At the end of Friday’s trade, Ciena Corporation (NYSE:CIEN)‘s shares dipped -1.59% to $23.54.
Ciena® Corporation (CIEN), the network specialist, declared the successful completion of its acquisition of Cyan, Inc., a leading provider of next-generation software and platforms to enable open, agile and scalable software-defined netoperates, following the terms of the acquisition agreement.
Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and administration of voice, video, and data traffic on communications netoperates worldwide. The company’s Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products comprise the 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System.
Basic Energy Services, Inc (NYSE:BAS), ended its Friday’s trading session with -5.88% gain, and closed at $6.24.
Basic Energy Services, Inc. (BAS) declared its financial and operating results for the second quarter ended June 30, 2015.
SECOND QUARTER 2015 HIGHLIGHTS
Counting the impact of a special item, second quarter 2015 revenue as stated declined 26% to $193.6 million from $261.7 million in the first quarter of 2015 as all lines of services continued to experience diminished activity levels and raised pricing pressure mainly driven by the reduced rig count. The second quarter of 2015 comprised of an after-tax charge of $2.9 million, or $0.07 per basic and diluted share, related to a credit given to a customer resulting from the settlement of an audit, which influenced both revenue and earnings. Not taking into account this special item, Basic stated revenues of $198.1 million in the second quarter of 2015, a decrease of 24% contrast to revenue realized in the first quarter of 2015 and a decrease of 45% from revenue of $359.7 million generated in the second quarter of 2014.
For the second quarter of 2015, Basic stated a net loss of $48.3 million, or a loss of $1.20 per basic and diluted share. Not taking into account the special item described above, Basic stated a net loss of $45.4 million, or a loss of $1.13 per basic and diluted share. This compares to a net loss of $32.6 million, or a loss of $0.81 per basic and diluted share, stated in the first quarter of 2015. In the second quarter of 2014, Basic stated net income of $2.4 million, or $0.06 per basic and diluted share. The second quarter of 2014 comprised of an after-tax charge of $2.9 million ($4.6 million pre-tax), or $0.07 per diluted share, regarding Basic’s participation in a legal settlement.
Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 291 pumping units; and 66 air compressor packages, counting 36 snubbing units, 16 coiled tubing units, and 10 wireline units.
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