On Thursday, Omeros Corporation (NASDAQ:OMER)’s shares declined -6.78% to $13.20.
Omeros Corporation (OMER), a biopharmaceutical company committed to discovering, developing and commercializing both small-molecule and protein therapeutics for large-market in addition to orphan indications targeting inflammation, coagulopathies and disorders of the central nervous system, recently declared recent highlights and developments in addition to financial results for the second quarter of 2015, which comprise:
- Revenues of $3.2 million, $3.1 million of which resulted from net product sales of Omidria®(phenylephrine and ketorolac injection) 1% / 0.3% following its broad commercial U.S. launch in mid-April
- Net loss of $16.7 million, or $0.44 per share, which comprised of $2.7 million ($0.07 per share) of non-cash expenses for the three months ended June 30, 2015
- Omidria reimbursement has already been established from all Medicare Administrative Contractors across all states in the U.S. and Puerto Rico and from nearly all of the nation’s top 30 commercial payers and others, representing about 135 million insured lives
- Establishing Omidria financial assistance program for patients covered by government insurers and a copay program for those commercially insured – both programs are designed to expand access to Omidria to all U.S. cataract surgery patients
Omeros Corporation, a biopharmaceutical company, discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, coagulopathies, and disorders of the central nervous system. It markets Omidria for use during cataract surgery or intraocular lens, or replacement surgery.
Aspen Technology, Inc. (NASDAQ:AZPN)’s shares gained 0.79% to $42.01.
Aspen Technology, Inc. (AZPN), a leading provider of software and services to the process industries, recently declared financial results for its fourth quarter and fiscal year ended June 30, 2015.
Fourth Quarter and Fiscal Year 2015 Business Highlights
- The license portion of total contract value was $2.07 billion at the end of fiscal 2015, which raised 2.2% from March 31, 2015 and 11.8% contrast to the end of fiscal 2014.
- Total contract value, counting the value of bundled maintenance, was $2.46 billion at the end of fiscal 2015, which raised 2.2% from March 31, 2015 and 12.3% contrast to the end of fiscal 2014.
- Annual spend, which the company defines as the annualized value of all term license and term maintenance contracts at the end of the quarter, was $419 million at the end of fiscal 2015, an enhance of 1.9% from March 31, 2015 and 10.5% from the end of fiscal 2014.
- GAAP operating margin was 41.1%, contrast to 36.8% in the fourth quarter of fiscal 2014. Non-GAAP operating margin was 44.2%, contrast to 39.9% in the fourth quarter of fiscal 2014.
- We repurchased nearly 1.8 million shares of our common stock for $73.6 million in the fourth quarter of fiscal 2015.
Aspen Technology, Inc. provides software and services to the process industries worldwide. The company operates in two segments, Subscription and Software, and Services. It develops software that optimizes the design and operation of process manufacturing plants, and the administration of supply chains of energy and chemical companies.
At the end of Thursday’s trade, Intersil Corp (NASDAQ:ISIL)‘s shares dipped -1.35% to $11.00.
Intersil Corporation (ISIL), declared financial results for the second quarter of 2015. Revenue of $132.4 million was down 1.3% sequentially. Strong gross margin and lower operating expenses resulted in solid operating margin for the eighth successive quarter. The company stated GAAP earnings per share of $0.28 and non-GAAP earnings per share of $0.16.
Company Highlights
- Gross margin performance was strong at 59.3% on a GAAP basis and 59.6% on a non-GAAP basis.
- The company again stated solid profitability, with GAAP operating margin of 12.2% and non-GAAP operating margin of 20.3%.
- Cash and cash equivalents raised to $225 million.
- New products introduced during the quarter represent industry firsts for power administration in tablets and ultrabooks, wearables and industrial applications.
Intersil Corporation designs and develops power administration and precision analog integrated circuits (ICs) for industrial and infrastructure, consumer, and computing markets. The company offers various power IC solutions for battery administration, processor power administration, and display power administration, counting power regulators, converters, and controllers, in addition to integrated power modules. It also provides precision analog components, such as amplifiers and buffers, proximity and light sensors, data converters, optoelectronics, video decoders, and interface products.
Builders FirstSource, Inc. (NASDAQ:BLDR), ended its Thursday’s trading session with 3.24% gain, and closed at $14.64.
Builders FirstSource, Inc. (BLDR) a leading supplier and manufacturer of structural and related building products for residential new construction in the United States, accomplished its formerly declared acquisition of ProBuild Holdings LLC (“ProBuild”), one of the nation’s largest professional building materials suppliers.
The combination of Builders FirstSource and ProBuild will create a national professional dealer with 2014 combined revenues of about $6.1 billion. The combined company will leverage its nationwide network to better serve its four critical customer segments, counting production builders, custom builders, multi-family/commercial, and repair and remodel. With over 430 locations, the new company will serve 74 of the top 100 metropolitan statistical areas across 40 states.
Builders FirstSource, Inc. manufactures and supplies structural and related building products for residential new construction primarily in the southern and eastern United States. The company offers prefabricated components, counting floor trusses, roof trusses, wall panels, stairs, and engineered wood; and window and door products, such as aluminum and vinyl windows, and pre-hung interior and ext
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