On Wednesday, Shares of Netflix, Inc. (NASDAQ:NFLX), lost -2.23% to $98.13.
Netflix, has released its second-quarter 2015 financial results by posting them to its website.
Netflix, stated its second-quarter profit sailed past Wall Street projections, as the streaming service’s subscribers vaulted to 65.6 million thanks to hit original programming such as “Orange Is the New Black” and “The Unbreakable Kimmy Schmidt.”, according to Los Angeles Times.
Netflix stated a second-quarter profit of $26.3 million, or 6 cents a share, down 63% from $71 million, or 16 cents, a year earlier. Most of that drop was fueled by the costs of purchasing and creating content and the value of the dollar on revenue generated outside the U.S. Los Angeles Times Reports.
Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.
Shares of SunEdison, Inc. (NYSE:SUNE), declined -2.39% to $31.08, during its last trading session.
Advanced Microgrid Solutions (AMS), a developer of customer-sited energy storage systems that create Hybrid-Electric Buildings™, and SunEdison, Inc. (SUNE), the world’s largest renewable energy development company, declared they have signed a joint development agreement to finance and deliver 50 megawatts of energy storage for Southern California Edison (SCE) under long-term capacity contracts. Once operational, these AMS projects are predictable to be the first storage assets to be attained by Terraform Power, Inc. (TERP), a global owner and operator of clean energy power plants.
The storage system contracts were awarded to AMS as part of SCE’s 2013 Local Capacity Requirement solicitation, and will be built on commercial and industrial customer sites throughout the West Los Angeles Basin.
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.
Finally, Occidental Petroleum Corporation (NYSE:OXY), ended its last trade with -1.60% loss, and closed at $73.09.
Occidental Petroleum Corporation, will hold a conference call on Thursday, July 30, 2015, at 10 a.m. Eastern, following the release of its second quarter 2015 financial results.
The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at http://www.oxy.com/. Participants may pre-register for the conference call at http://dpregister.com/10068365.
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other.
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