Top Losers Overview: MaxPoint Interactive Inc (NYSE:MXPT), Fossil Group Inc (NASDAQ:FOSL), Vipshop Holdings Ltd – ADR (NYSE:VIPS)

Top Losers Overview: MaxPoint Interactive Inc (NYSE:MXPT), Fossil Group Inc (NASDAQ:FOSL), Vipshop Holdings Ltd – ADR (NYSE:VIPS)

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MaxPoint Interactive Inc (NYSE:MXPT)

During Friday’s Morning trade, Shares of MaxPoint Interactive Inc (NYSE:MXPT), dropped – 40.68% to $2.96. The firm opened its current trade at $4.25, and as of now, it is trading at $2.96. The total volume traded for the day is 88,454.00 shares, as compared to its average daily volume of 52,960.00 shares. The stock is floating in a range of $2.96 - $4.25. The stock holds the market capitalization of $79.80M.

MaxPoint (MXPT), declared its financial results for the quarter ended September 30, 2015.

Financial Highlights:

  • Revenue of $36.0 million raised 33% in the third quarter of 2015, contrast to $27.1 million for the third quarter of 2014.
  • Revenue ex-TAC1 of $23.0 million raised 42% in the third quarter of 2015, contrast to $16.3 million for the third quarter of 2014.
  • Net loss of $4.8 million in the third quarter of 2015 contrast to $4.1 million for the third quarter of 2014.
  • Adjusted EBITDA1 of $(1.9) million in the third quarter of 2015 contrast to $(2.0) million for the third quarter of 2014.
  • Net loss per basic and diluted share of $0.19 in the third quarter of 2015 contrast to $1.04 for the third quarter of 2014.
  • Non-GAAP net loss per basic and diluted share1 of $0.14 in the third quarter of 2015 contrast to $0.18 for the third quarter of 2014.

“This quarter our revenue, revenue ex-TAC and enterprise customer count each raised greater than 30% as contrast to the same quarter of 2014. We stay dedicated to our mission to deliver better informed marketing for our customers by combining our proprietary technology and information to their internal data sources,” said Joe Epperson, MaxPoint’s co-founder and CEO.

Third Quarter Operating Highlights:

Our total number of enterprise customers1 raised to 670 in the third quarter, up 55% from 431 for the third quarter of 2014.

During the quarter, non-display advertising, which comprises mobile, video and social, accounted for 34% of revenue, up from 19% of revenue in the third quarter of 2014.

MaxPoint Interactive, Inc. provides digital advertising services in the United States. The company offers business intelligence and marketing automation software service that enables national brands to drive local, in-store sales.

Fossil Group Inc (NASDAQ:FOSL)

Shares of Fossil Group Inc (NASDAQ:FOSL), dipped -31.31% to $35.04, during its current trading session, on Friday, following the release of the company’s third quarter earnings results Thursday.

The Richardson, TX-based fashion accessories manufacturer stated a third quarter profit of $57.5 million, or $1.19 per share, almost half of the $103.7 million, or $1.96 per share, the company stated a year ago.

Revenue for the period fell by 14% year over year to $771.3 million, from $872.3 million.

For the current quarter, the company anticipates to earn between $1.05 and $1.65 per share as compared to analysts’ $2.12 per share consensus expectations.

Fossil Group forecast net sales during the current quarter to fall between 7% and 16%. Analysts are expecting a fall of just 4%.

Fossil Group, Inc., together with its auxiliaries, designs, develops, markets, and distributes consumer fashion accessories. The company operates through four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer.

Vipshop Holdings Ltd – ADR (NYSE:VIPS)

Finally, Shares of Vipshop Holdings Ltd – ADR (NYSE:VIPS), lower -27.23%, and is now trading at $13.55.

Vipshop Holdings Limited (VIPS), declared the preliminary results for the third quarter of 2015 ended September 30, 2015.

For the third quarter of 2015, the Company anticipates its total net revenue to be between RMB8.6 billion and RMB8.7 billion, representing a year-over-year growth rate of about 61% to 63%. This is contrast to the Company’s previous guidance for third quarter 2015 total net revenue of RMB9.1 billion to RMB9.3 billion. The weaker-than-predictable preliminary third quarter results for total net revenue are partially driven by the warmer-than-predictable fall weather in China, which caused customers to delay purchases of relatively higher-priced autumn and winter apparel.

These preliminary, unaudited results are based on administration’s initial review of operations for the third quarter of 2015 ended September 30, 2015, and remain subject to change based on administration’s ongoing review of the third quarter results.

Vipshop Holdings Limited, through its auxiliaries, operates as an online discount retailer for various brands in the People’s Republic of China. It offers a range of branded products, counting women’s apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men’s apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories comprising of belts, jewelry, watches, and glasses for women and men.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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