On Tuesday, NQ Mobile Inc (ADR)(NYSE:NQ)’s shares declined -7.14% to $3.83.
NQ Mobile Inc. (NQ), declared its unaudited financial results for the quarter ended June 30th, 2015.
Highlights for Second Quarter 2015
- Quarterly Net Revenues were $102.1 million in the second quarter of 2015, a 25.0% enhance year-over-year from $81.6 million in the same period in 2014, a new record level for the Company.
- Gross Margin was 24.8% in the second quarter of 2015, contrast with 21.0% in the first quarter of 2015. Non-GAAP Operating Margin was 5.1% in the second quarter of 2015, up from negative 1.8% in the first quarter of 2015.
- Net Loss attributable to NQ Mobile was $1.6 million, or a loss of $0.02 per ADS, in the second quarter of 2015, a 90.2% improvement contrast with a net loss of $16.8 million, or a loss of $0.22 per ADS, in the same period in 2014.
- Non-GAAP Net Income attributable to NQ Mobile was $7.0 million, or $0.08 per ADS in the second quarter of 2015, contrast with Non-GAAP net income of $14.8 million, or $0.20 per ADS, in the same period in 2014.
- Total Share Based Compensation Expenses fell to $1.1 million, a 95.6% decline year-over-year from $25.4 million in the same period in 2014.
NQ Mobile Inc. provides mobile Internet services in the People’s Republic of China and internationally. The company provides products and services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise. The company offers NQ Mobile Security, a mobile security product that protects users mobile voice and data from malicious software, hacking, phishing, and privacy intrusion; and mobile malware scanning, Internet firewall, financial and social media account and communication protection, phone performance optimization, and call and SMS blocking services.
Principal Financial Group Inc(NYSE:PFG)’s shares gained 0.79% to $48.32.
Principal Financial Group, Inc. (PFG) recently declared results for second quarter 2015.
- Operating earnings raised to $323.9 million for second quarter 2015, contrast to $323.1 million for second quarter 2014. After adjusting for normalizing items and foreign exchange rates, operating earnings raised 10 percent over second quarter 2014. Operating earnings per diluted share (EPS) raised 1 percent to $1.09 for second quarter 2015, contrast to $1.08 for second quarter 2014.
- Net income accessible to common stockholders for second quarter 2015 reduced to $241.1 million, or 81 cents per diluted share, contrast to $306.3 million, or $1.03 per diluted share for second quarter 2014.
- Operating revenues raised 34 percent in second quarter 2015 to $3,406.8 million from higher sales and fee income, contrast to $2,542.6 million for second quarter 2014.
- Fee income3 raised 6 percent to $908.5 million for the second quarter 2015, contrast to $855.3 million for second quarter 2014.
Principal Financial Group, Inc. provides retirement, asset administration, and insurance products and services. It operates through Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Investor Services segment provides a portfolio of asset accumulation products and services for retirement savings and investment to businesses, institutional clients, and employees of business and other individuals.
At the end of Tuesday’s trade, Cadence Design Systems Inc(NASDAQ:CDNS)‘s shares dipped -1.5% to $19.72.
Cadence Design Systems Inc (CDNS) and Applied Materials, Inc. (AMAT) recently declared the companies are collaborating on a development program to optimize the chemical-mechanical planarization (CMP) process through silicon characterization and modeling for advanced-node designs at 14 nanometer (nm) and below. The program allows design teams to predict the impact of CMP on both functional yield and parametric yield, and for manufacturing teams to boost planarization performance, which is increasingly critical for advanced FinFET architectures.
The Cadence® and Applied Materials joint development program is focused on front end-of-line (FEOL) and wafer-level CMP modeling. Applied Materials can use the Cadence CMP Process Optimizer, a tool that allows silicon calibration of semi-physical models and optimization of CMP material and process parameters such as pressure, polish time and overall CMP uniformity, to enhance the precision performance of its Reflexion® LK Prime™ CMP system.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
Rackspace Hosting, Inc.(NYSE:RAX), ended its Tuesday’s trading session with -3.19% loss, and closed at $29.43.
Rackspace® (RAX), the #1 managed cloud company, recently declared it has expanded its digital support offerings with the early access declarement of Managed Cloud for Adobe Experience Manager (AEM). As a leading, comprehensive content administration solution for building websites, mobile apps and forms, AEM makes it easier to manage marketing content and assets. With Managed Cloud for AEM, marketing leaders and the technology teams who support them can assist reduce time for each new deployment, version upgrade, or major campaign launch in AEM - while also gaining access to specialized 24×7 support, maintenance, and monitoring of AEM environments.
The Managed Cloud for AEM offering comprises:
- AEM Specialized Managed Support:Provides Fanatical Support and guidance on best practices 24x7x365 from AEM specialists at Rackspace, which allows customers to offload administration of the AEM environment and focus more on their core business.
- Turnkey Deployment: Enables significantly faster implementation for new deployments or version upgrades. The offering can reduce the time needed to deploy a new AEM environment by cloning an existing environment or creating a new one from a set of AEM optimized, pre-defined and tested cloud architectures.
- Monitoring: Monitors the health of the environment and offers maintenance, patching and updating to assist minimize downtime and delays.
Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet.
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