On Friday, Box Inc (NYSE:BOX)’s shares declined -5.69% to $17.25.
Box Inc (BOX) declared financial results for the first quarter of fiscal 2016, which ended April 30, 2015
Fiscal First Quarter Financial Highlights
- Revenue for the first quarter of fiscal 2016 was $65.6 million, an enhance of 45% from the first quarter of fiscal 2015.
- Billings in the first quarter of fiscal 2016 were $69.8 million, an enhance of 58% from the first quarter of fiscal 2015.
- Non-GAAP operating loss in the first quarter of fiscal 2016 was $32.6 million, or 50% of revenue. This compares to non-GAAP operating loss of $31.3 million, or 69% of revenue, in the first quarter of fiscal 2015. GAAP operating loss in the first quarter of fiscal 2016 was $46.6 million, or 71% of revenue. This compares to GAAP operating loss of $37.8 million, or 83% of revenue, in the first quarter of fiscal 2015.
- Non-GAAP net loss per share attributable to common stockholders, basic and diluted, in the first quarter of fiscal 2016 was $0.28 on 119.4 million shares outstanding, contrast to a net loss per share of $2.32 in the first quarter of fiscal 2015 on 13.7 million shares outstanding. GAAP net loss per share attributable to common stockholders, basic and diluted, in the first quarter of fiscal 2016 was $0.40, contrast to a net loss per share of $2.81 in the first quarter of fiscal 2015.
Box, Inc. provides a cloud-based enterprise content partnership platform that enables organizations of various sizes to access, store, share, and manage their content/information. Its solutions comprise FTP alternative to keep content organized, share files, and manage content access; document administration; an executive boardroom for simplified meeting administration, security and control, and secure mobile access; project administration; a virtual data room; marketing asset administration; a sales portal; secure enterprise mobility; and business applications for enterprise-readiness.
Franklin Resources, Inc. (NYSE:BEN)’s shares dropped -0.75% to $50.05.
Franklin Resources, Inc. (BEN) declared the expansion of its retirement target fund lineup for US investors with the introduction of Franklin LifeSmart™ 2055 Retirement Target Fund. Like other funds in the lineup, the fund’s assets are allocated among the broad asset classes of equity, fixed-income and alternative investments by investing predominantly in other Franklin Templeton mutual funds, based on each underlying fund’s predominant asset class and strategy. The new fund joins a lineup that comprises 2015, 2020, 2025, 2030, 2035, 2040, 2045 and 2050 funds.
Like the existing Franklin LifeSmart Retirement Target Funds, the new 2055 fund will target a five percent allocation to alternative investment funds to take advantage of their lower correlation, in general, with traditional asset classes. The funds’ managers have the ability to tactically adjust this allocation within a range of zero to 10 percent as they shift the funds’ allocations based on changing market conditions.
Franklin Resources, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its auxiliaries.
At the end of Friday’s trade, Electronic Arts Inc. (NASDAQ:EA)‘s shares surged 0.26% to $62.75.
Electronic Arts Inc. (EA) kicks off the week by hosting its ninth annual E3 press conference on Monday, June 15 at 1:00pm PDT. EA joins the week-long gaming celebration by showcasing some of the world’s biggest, most entertaining blockbusters and by revealing innovative original gaming properties. At the press conference hosted by CEO Andrew Wilson, EA will demonstrate a dozen HD titles, all powered by world-class technology, counting the world debuts of gameplay from Star Wars™ Battlefront™, Mirror’s Edge™ Catalyst, Need for Speed™ and more.
Electronic Arts Inc. develops, markets, publishes, and distributes game software content and online services for video game consoles, Internet-connected consoles, personal computers, mobile phones, and tablets worldwide. The company operates through EA Studios, EA Mobile, and Maxis divisions. It develops and publishes digital interactive entertainment games primarily under the The Sims, Madden NFL, EA SPORTS FIFA, Battlefield, FIFA Soccer, Need for Speed, Dragon Age, and Plants vs. Zombies brand names. The company also offers casual games, such as cards, puzzles, and word games through pogo.com and on other platforms; and sells digital content.
Century Aluminum Co (NASDAQ:CENX), ended its Friday’s trading session with 3.73% gain, and closed at $11.67.
Century Aluminum Co (CENX) declared that a new, five-year collective bargaining agreement was ratified by the United Steelworkers Local 9423 on June 11, 2015 for the Company’s Hawesville, Kentucky smelter. The new contract is effective recently through April 1, 2020.
Century Aluminum Company, together with its auxiliaries, produces primary aluminum in the United States and Iceland. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. The company was founded in 1981 and is headquartered in Chicago, Illinois.
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