On Friday, TRI Pointe Group Inc (NYSE:TPH)’s shares inclined 0.41% to $14.77.
TRI Pointe Group (TPH) declared results for the second quarter ended June 30, 2015.
Results and Operational Data for Second Quarter 2015 and Comparisons to Second Quarter 2014
- Net income accessible to common shareholders was $54.9 million, or $0.34 per diluted share contrast to $24.2 million, or $0.19 per diluted share.
- New home orders raised to 1,238 contrast to 763, an enhance of 62%.
- Active selling communities averaged 119.5 contrast to 97.5.
- New home orders per average selling community were 10.4 orders (3.5 monthly) contrast to 7.8 orders (2.6 monthly), an enhance of 33%.
- Cancellation rate was comprising at 16%.
- Backlog units of 1,998 homes with a dollar value enhance of 79%, to $1.2 billion
- Average sales price in backlog raised 7% to $601,000.
- Home sales revenue of $427.2 million, an enhance of 38%.
- New homes deliveries of 798, up 27%.
- Average sales price of homes delivered grew 9% to $535,000.
- Homebuilding gross margin percentage of 20.0%.
TRI Pointe Homes, Inc. designs, constructs, and sells single-family homes in the United States. The company also develops and sells land and lots. It operates a portfolio of six brands across eight states, counting Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia.
Ascent Solar Technologies, Inc. (NASDAQ:ASTI))’s shares dropped -2.22% to $0.220.
Ascent Solar Technologies, Inc. (ASTI) reported results for the second quarter ending June 30, 2015.
Q2 & H1-2015 Financial Results
Total revenue for the second quarter of 2015 was $2.2M, up approximately 105% from the same period last year. Loss from Operations in the quarter was ($6.9M), an improvement of approximately $1M or 12.6% from ($7.9M) in the same period last year.
For the six months ended June 30, 2015, total revenue was $2.9M, up from $1.8M in H1-2014 or approximately 57% growth. Loss from Operations improved by approximately 11% or $1.7M from ($15.5M) in H1-2014 to ($13.8M) in H1-2015, due to a combination of increasing sales and improved operational efficiencies while keeping operating expenses marginally down. These expenses are expected to remain relatively flat while we continue to ramp up on revenue growth.
Ascent Solar Technologies, Inc., a development stage company, designs and manufactures photovoltaic integrated consumer electronics; and portable power applications for commercial and military users. The company offers Surfr, a battery and a solar case for the Apple iPhone 4/4S smart phone, in addition to for the Samsung Galaxy S III smart phone; EnerPlex Kickr, a portable solar charging device; and EnerPlex Jumpr, a portable power bank. It also provides lithium-ion based large format batteries; Commandr XII, a solar charger; and Kickr II+ and IV+ solar products.
At the end of Friday’s trade, Two Harbors Investment Corp (NYSE:TWO)‘s shares surged 0.51% to $9.78.
Two Harbors Investment Corp. (TWO) declared its financial results for the quarter ended June 30, 2015.
Highlights
- Book value was $10.81 per common share, representing a (0.1)%(1)total return on book value after accounting for a dividend of $0.26 per share, bringing the total return on book value for the first half of 2015 to 2.1%.(2)
- Delivered Comprehensive Income of $2.7 million, a return on average equity of 0.3%, or $0.01 per weighted average common share.
- Stated Core Earnings of $80.2 million, or $0.22 per weighted average common share.(3)
- Generated an aggregate portfolio yield of 4.16% and a net interest margin of 2.79% for the quarter ended June 30, 2015.
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, commercial real estate debt and related assets, and other financial assets.
Harsco Corporation (NYSE:HSC), ended its Friday’s trading session with 0.94% gain, and closed at $11.81.
The Board of Directors of Harsco Corporation (HSC) has declared a regular quarterly cash dividend of $0.205 per share, or $0.82 per share on an annualized basis, payable November 16, 2015 to shareholders of record as of the close of business on October 15, 2015.
The action continues the Company’s long-standing dividend history, dating back every year since 1939.
Harsco Corporation provides industrial services and engineered products worldwide. The company operates through three segments: Harsco Metals and Minerals, Harsco Rail, and Harsco Industrial. The Harsco Metals and Minerals segment provides on-site outsourced services to steel mills and asphalt roofing manufacturers. This segment also offers environmental solutions for industrial co-products, in addition to sells industrial abrasives and roofing granules products.
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