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Saturday 8 August 2015
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Latest Update

Pre-Market News Buzz on: Xoom (NASDAQ:XOOM), Dominion Resources, (NYSE:D), Zayo Group Holdings (NYSE:ZAYO)

On Monday, Xoom Corp (NASDAQ:XOOM)’s shares declined -0.28% to $24.78.

Xoom Corporation (XOOM), a leading digital money transfer provider, recently declared financial results for the second quarter of 2015.

  • Revenue for the second quarter was $46.3 million, an enhance of 16% from the second quarter of 2014.
  • Gross profit for the second quarter was $33.0 million, an enhance of 23% from the second quarter of 2014.
  • GAAP net loss for the second quarter was $2.3 million, or a loss of $0.06 per diluted share, contrast to net income of $1.4 million, or $0.03 per diluted share, for the second quarter of 2014.
  • Adjusted EBITDA for the second quarter was $3.9 million, contrast to $5.1 million for the second quarter of 2014.
  • Non-GAAP net income per diluted share for the second quarter was $0.06, contrast to net income of $0.09 per diluted share for the second quarter of 2014.

Xoom Corporation provides digital consumer-to-consumer online money transfers services worldwide. The company offers money transfer services over the Internet or through a mobile device on its Website at xoom.com, or through its mobile application, the Xoom App. Its customers send money to family and friends from the United States to 32 countries.

Dominion Resources, Inc. (NYSE:D)’s shares gained -0.03% to $71.72.

Startning Sept. 1, Dominion Virginia Power will expand its EnergyShare program in both funding and scope to provide financial assistance, weatherization services and educational outreach to more qualifying customers, counting people living with disabilities and military veterans facing financial hardships.

The initiative to reduce energy costs for Virginia’s most vulnerable residents came out of legislation passed by the Virginia General Assembly and an executive directive by Gov. Terry McAuliffe in February 2015. Since then, Dominion has worked hand-in-hand with more than 30 state agencies, non-profit organizations and other experts for guidance on how to best implement the program.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

Zayo Group Holdings Inc (NYSE:ZAYO), ended its Monday’s trading session with 3.26% gain, and closed at $27.57.

Zayo Group Holdings (ZAYO) invites you to listen to its earnings call for the fiscal fourth quarter ended June 30th, 2015 on Friday, September 18th, 2015. Note that the Company fiscal year-end is June 30.

When: Friday, September 18th, 2015 @ 9:00 a.m. MT/11:00 a.m. ET

Zayo Group Holdings, Inc., through its auxiliaries, provides bandwidth infrastructure solutions for the communications industry in the United States and Europe. The company operates in three segments: Physical Infrastructure, Lit Services, and Other. The Physical Infrastructure segment provides dark fiber, fiber-to-the-tower and small cell mobile infrastructure, and colocation and interconnection services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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