On Monday, PMC-Sierra Inc (NASDAQ:PMCS)’s shares showed no change to $6.81.
PMC-Sierra, Inc. (PMCS), the semiconductor and software solutions innovator transforming netoperates that connect, move and store big data, recently stated results for the second quarter ended June 27, 2015.
Net revenues in the second quarter of 2015 totaled $124.8 million, a decrease of 1.6 percent, contrast to $126.8 million in the second quarter of 2014, and a decrease of 6.2 percent from $133.1 million in the first quarter of 2015.
GAAP net loss in the second quarter of 2015 totaled $8.6 million or $0.04 per share, contrast to GAAP net loss in the second quarter of 2014 of $3.5 million or $0.02 per share, and GAAP net income in the first quarter of 2015 of $4.7 million or $0.02 per diluted share.
Non-GAAP net income in the second quarter of 2015 totaled $18.0 million or $0.09 per diluted share, contrast to non-GAAP net income in the second quarter of 2014 of $18.3 million or $0.09 per diluted share, and to non-GAAP net income in the first quarter of 2015 of $20.9 million or $0.10 per diluted share.
PMC-Sierra, Inc. designs, develops, markets, and supports semiconductor solutions for communications network infrastructure equipment worldwide. Its semiconductor devices enable networking equipment primarily in three markets, counting storage, optical, and mobile netoperates.
Teekay Tankers Ltd. (NYSE:TNK)’s shares dropped -2.09% to $7.02.
Teekay Tankers Ltd. (TNK) plans to release its financial results for the second quarter of 2015 before market open on Thursday, August 6, 2015.
The Company also plans to host a conference call on Thursday, August 6, 2015 at 1:00 p.m. (ET) to talk about the results for the second quarter of 2015.
Teekay Tankers Ltd. is engaged in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide. As of December 31, 2014, it owned 27 double-hulled conventional oil tankers, time-chartered in 8 Aframax tankers, and 4 long range 2 product tankers from third parties; and owned a 50% interest in 1 very large crude carrier.
At the end of Monday s trade, Sanmina Corp (NASDAQ:SANM)‘s shares dipped -3.99% to $21.19.
Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ GS: SANM), a leading integrated manufacturing solutions company, recently stated financial results for the third fiscal quarter ended June 27, 2015.
Third Quarter Fiscal 2015 Summary
- Revenue of $1.54 billion
- GAAP operating margin of 3.1 percent
- GAAP diluted earnings per share of $0.29
- Non-GAAP(1)operating margin of 3.8 percent
- Non-GAAP(1)diluted earnings per share of $0.53
Revenue for the third quarter was $1.54 billion, contrast to $1.53 billion in the preceding quarter and $1.60 billion for the same period of fiscal 2014.
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It offers product design and engineering services, counting initial development, detailed design, prototyping, validation, preproduction, and manufacturing design; manufacturing of components, subassemblies, and complete systems; final system assembly and test; direct order fulfillment and logistics, and supply chain administration services; and after-market product service and support.
Extended Stay America Inc (NYSE:STAY), ended its Monday’s trading session with 1.63% gain, and closed at $19.31.
Extended Stay America, Inc.’s (STAY) partner, ESH Hospitality, Inc., declared that its Board of Directors has declared a cash distribution of $0.15 per share for the second quarter of 2015, payable to ESH Hospitality, Inc.’s Class A and Class B common shareholders. Additionally, the Board of Directors of Extended Stay America, Inc. has declared a cash distribution of $0.02 per share for the second quarter of 2015, payable to Extended Stay America, Inc.’s common shareholders. These distributions, which total to $0.17 per Paired Share, will be payable on August 27, 2015 to shareholders of record as of August 13, 2015.
Extended Stay America, Inc. develops, owns, and operates hotels in the United States and Canada. As of December 31, 2014, the company had 682 hotels with about 76,000 rooms comprising of 632 hotels with about 69,600 rooms under the Extended Stay America brand; 3 hotels with 500 rooms under the Extended Stay Canada brand; and 47 hotels with about 5,900 rooms under the Crossland Economy Studios brand.
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