On Thursday, GrubHub Inc (NYSE:GRUB)’s shares inclined 0.06% to $33.86.
GrubHub Inc. (GRUB), the leading online and mobile food-ordering company, declared that it will host a conference call to talk about its second quarter financial results on Tuesday, July 28th, 2015, at 9:00 a.m. Central Time, following the release of the Company’s financial results. Matt Maloney, CEO, and Adam DeWitt, CFO will host the webcast.
GrubHub Inc., together with its auxiliaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects about 30,000 local restaurants with diners in about 800 cities. It operates GrubHub and Seamless Websites through grubhub.com and seamless.com.
Mellanox Technologies, Ltd. (NASDAQ:MLNX)’s shares gained 2.06% to $47.95.
Mellanox® Technologies, Ltd. (MLNX) declared financial results for its second quarter, ended June 30, 2015.
Second Quarter 2015 Highlights
- Revenue of $163.1 million raised 11.2 percent, contrast to $146.7 million in the first quarter of 2015.
- GAAP gross margin was 71.1 percent, contrast to 72 percent in the first quarter of 2015.
- Non-GAAP gross margins were 72.7 percent, contrast to 73.4 percent in the first quarter of 2015.
- GAAP operating income was $19.4 million, contrast to $15.2 million, in the first quarter of 2015.
- Non-GAAP operating income was $36.2 million, or 22.2 percent of revenue, contrast to $30.2 million, or 20.6 percent of revenue in the first quarter of 2015.
- GAAP net income was $19.2 million, contrast to $10.5 million in the first quarter of 2015.
- Non-GAAP net income was $36.1 million, contrast to $28.6 million in the first quarter of 2015.
- GAAP net income per diluted share of $0.40 raised 81.8 percent, contrast to $0.22 in the first quarter of 2015.
Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, and sells interconnect products and solutions. The company’s products are used for computing, storage, and communications applications in the high-performance computing, Web 2.0, storage, financial services, enterprise data center, and cloud markets. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems.
At the end of Thursday’s trade, International Paper Co (NYSE:IP)‘s shares dipped -0.41% to $48.61.
International Paper (IP) declared a quarterly dividend of $0.40 per share for the period from July 1, 2015, to September 30, 2015, inclusive, on its common stock, par value $1.00. This dividend is payable on September 15, 2015, to holders of record at the close of business on August 14, 2015.
International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging.
Reliance Steel & Aluminum (NYSE:RS), ended its Thursday’s trading session with 5.22% gain, and closed at $60.48.
Reliance Steel & Aluminum Co. (RS) stated its financial results for the second quarter ended June 30, 2015.
Second Quarter 2015 Financial Highlights
- Sales were $2.42 billion, down 7.4% from $2.62 billion in the second quarter of 2014 and down 7.3% from $2.61 billion in the first quarter of 2015.
- Tons sold were down 2.1% from the second quarter of 2014 and down 2.4% from the first quarter of 2015, with the average selling price per ton sold down 6.0% from the second quarter of 2014 and down 5.2% from the first quarter of 2015.
- Net income attributable to Reliance was $90.2 million, down 6.5% from $96.5 million in the second quarter of 2014 and down 11.0% from $101.3 million in the first quarter of 2015.
- Earnings per diluted share were $1.20, down 1.6% from $1.22 in the second quarter of 2014 and down 7.7% from $1.30 in the first quarter of 2015.
- Non-GAAP earnings per diluted share were $1.21, down 6.9% from $1.30 in both the second quarter of 2014 and the first quarter of 2015.
- A pre-tax LIFO credit, or income, of $32.5 million, is comprised of in cost of sales contrast to a pre-tax LIFO charge, or expense, of $5.0 million in the second quarter of 2014 and a credit of $7.5 million in the first quarter of 2015.
Reliance Steel & Aluminum Co. operates as a metals service center company. The company provides metals processing services and distributes a line of about 100,000 metal products, counting alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. Its principal processing services comprise cutting, leveling, sawing, machining, and electro polishing.
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