On Monday, in the course of current trade, Shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH), surged 9.57%, and is now trading at $64.80, hitting its highest level.
Today, Cognizant Technology Solutions declared its first quarter 2015 financial results.
Highlights—First Quarter 2015
- First quarter revenue of $2.91 billion was up 20.2% from the year-ago period and up 6.2% sequentially.
- GAAP diluted EPS was $0.62, up from $0.57 in the year-ago period.
- Non-GAAP diluted EPS was $0.71, up from $0.62 in the year-ago period.
- Net headcount addition for the quarter was about 6,200.
- Revenue for the first quarter of 2015 rose to $2.91 billion, up 20.2% from $2.42 billion in the first quarter of 2014. GAAP net income was $382.9 million, or $0.62 per diluted share, contrast to $348.9 million, or $0.57 per diluted share, in the first quarter of 2014. Non-GAAP diluted earnings per share was $0.71 contrast to $0.62 in the first quarter of 2014. GAAP operating margin for the quarter was 17.2%. Non-GAAP operating margin was 19.8%, within the Company’s target range of 19-20%.
2015 Outlook—Second Quarter and Full Year
The Company is providing the following guidance:
- Second quarter 2015 revenue predictable to be at least $3.01 billion.
- Second quarter 2015 non-GAAP diluted EPS predictable to be at least $0.72.
- Fiscal 2015 revenue predictable to be at least $12.24 billion, up at least 19.3% contrast to 2014.
- Fiscal 2015 non-GAAP diluted EPS predictable to be at least $2.93.
Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services comprise IT strategy consulting, program administration consulting, operations improvement consulting, strategy consulting, and business consulting services.
During Morning trade, Shares of Comcast Corporation (NASDAQ:CMCSA), gained 1.20%, and is now trading at $59.10.
Today, Comcast Corporation, stated results for the quarter ended March 31, 2015.
Merged Revenue for the first quarter of 2015 raised 2.6% to $17.9 billion. Not taking into account $376 million of revenue generated by the NFL’s Super Bowl in the first quarter of 2015 as well as $1.1 billion of revenue generated by the Sochi Olympics in the first quarter of 2014, merged revenue raised 7.2%. Merged Operating Cash Flow raised 7.6% to $6.0 billion. Not taking into account $99 million of Time Warner Cable and Charter transaction-related costs in the first quarter of 2015 and $17 million in the first quarter of 2014, merged operating cash flow raised 9.0%. Merged Operating Income raised 9.0% to $3.9 billion.
Earnings per Share (EPS) for the first quarter of 2015 was $0.81, a 14.1% enhance from the $0.71 stated in the first quarter of 2014. Not taking into account gains on the sale of a business and transaction-related costs in the first quarter of 2015, in addition to gains on the sale of an investment and a favorable resolution of a preceding acquisition contingency in the first quarter of 2014, EPS raised 16.2% to $0.79.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name.
Shares of Emerge Energy Services LP (NYSE:EMES), during its Monday’s current trading session fell -1.73%, and is now trading at $38.18, hitting its lowest level.
Today, Emerge Energy Services declared first quarter 2015 financial and operating results.
Highlights
- Adjusted EBITDA of $28.4 million for the three months ended March 31, 2015.
- Distributable Cash Flow of $24.5 million for the three months ended March 31, 2015.
- Cash accessible for distribution of $23.7 million, or $1.00 per unit, for the three months ended March 31, 2015.
- Full quarter sales of 1,151,000 tons of sand.
Emerge Energy Services LP acquires, owns, operates, and develops a portfolio of energy service assets in the United States. The company operates in two segments, Sand and Fuel. The Sand segment is involved in the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, in addition to in the production of building products and foundry materials.
Finally, Tyson Foods, Inc. (NYSE:TSN), gained 1.16% Monday.
Today, Tyson Foods stated 53% enhance in Second Quarter Adjusted Operating Income.
Second Quarter Highlights
- Sales raised 10.5% to about $10 billion
- Adjusted operating income up 53% to $553 million
- Adjusted EPS up 25% to $0.75 contrast to $0.60 in second quarter of preceding year
- Overall adjusted operating margin was 5.5%
- Chicken segment operating margins of 11.7%
- Record Prepared Foods segment adjusted operating margins of 8.4%
- Pork segment operating margins of 8.2%
- Captured $77 million in total synergies during the second quarter.
Tyson Foods, Inc., together with its auxiliaries, produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. The company breeds and raises chickens; and processes live chickens into fresh, frozen, and value-added chicken products.
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