On Friday, VirnetX Holding Corporation (NYSEMKT:VHC)’s shares declined -6.33% to $6.07.
VirnetX Holding Corporation (VHC) declared that its Gabriel PartnershipSuite, an integrated suite of secure communication applications featuring: Secure Mail, Secure Messaging, Secure Voice Call, Secure Video Call and Secure Share & Sync, will be accessible for public download starting Tuesday, May 19, 2015, at the Gabriel website: www.GabrielSecure.com.
VirnetX Holding Corporation develops software and technology solutions for securing real-time communications over the Internet. The company’s software and technology solutions comprise secure domain name registry and GABRIEL Connection Technology that are designed to secure various real-time communications over the Internet, in addition to enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems.
YY Inc (ADR) (NASDAQ:YY)’s shares dropped -6.15% to $60.88.
YY Inc (ADR) (YY) declared its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights
- Net revenues raised by 72.6% to RMB1,150.3 million (US$185.6 million) from RMB666.3 million in the corresponding period of 2014.
- Net income attributable to YY Inc. raised by 23.6% to RMB227.0 million (US$36.5 million) from RMB183.6 million in the corresponding period of 2014.
- Non-GAAP net income attributable to YY Inc.1raised by 24.7% to RMB258.8 million (US$41.6 million) from RMB207.6 million in the corresponding period of 2014.
First Quarter 2015 Financial Results
NET REVENUES
Net revenues raised by 72.6% to RMB1,150.3 million (US$185.6 million) in the first quarter of 2015 from RMB666.3 million in the corresponding period of 2014, underpinned by an enhance in IVAS revenues.
IVAS revenues, which mainly compriseed of revenues from online music and entertainment, online games, online dating, live game broadcasting and YY’s membership program, raised by 73.0% to RMB110.8 million (US$179.2 million) in the first quarter of 2015 from RMB642.1 million in the corresponding period of 2014. The overall enhance primarily reflected an enhance in the number of paying users.
YY Inc., through its auxiliaries, operates an online social platform in the Peoples Republic of China. It engages users in real-time online group activities through voice, video, and text on personal computers and mobile devices; and enables users to create and organize groups of various sizes to discover and take part in a range of online activities, counting music shows, online games, dating shows, live games broadcasting, and e-learning.
At the end of Friday’s trade, Eagle Materials, Inc. (NYSE:EXP)‘s shares dipped -6.10% to $82.33.
Eagle Materials, Inc. (EXP) stated financial results for fiscal year 2015 and the fiscal fourth quarter ended March 31, 2015. Notable items for the fiscal year and quarter comprise:
Record fiscal year 2015 revenues of $1.1 billion, up 19%
Fiscal year 2015 net earnings per diluted share of $3.71, up 49%
Record fourth quarter revenues of $223.8 million, up 18%
Fourth quarter earnings per diluted share of $0.93, up 107%
Comprises a benefit of $0.39 per diluted share related to the settlement of our lawsuit against the IRS and costs of $0.06 per diluted share related to acquisition and litigation costs
Eagle reached a definitive agreement to acquire Holcim (US) Inc.’s slag grinding plant in South Chicago
Eagle Materials Inc. manufactures and distributes building products used in residential, industrial, commercial, and infrastructure construction in the United States. The company operates in four segments: Cement, Gypsum Wallboard, Recycled Paperboard, and Concrete and Aggregates.
xG Technology Inc (NASDAQ:XGTI), ended its Friday’s trading session with -6.08% loss, and closed at $0.316.
xG Technology Inc (XGTI) declared a Planned Technology Alliance Agreement with Drakontas, LLC (“Drakontas”) to cooperate in the marketing of each other’s respective solutions. Under the terms of the agreement, xG and Drakontas will make accessible integrated products that comprise xMax private mobile broadband network technology and Drakontas’ DragonForce mobile team partnership software application.
xG Technology, Inc. develops communications technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, counting national defense and rural broadband.
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