On Friday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), lost -0.21% to $28.15.
Cisco Systems has planned a conference call for Wednesday, August 12, 2015, at 1:30 PM (PT); 4:30 PM (ET) to declare its fourth quarter and fiscal year 2015 financial results for the period ending Saturday, July 25, 2015.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
Shares of MannKind Corp. (NASDAQ:MNKD), declined -2.21% to $3.98, during its last trading session.
MannKind Corporation will release its 2015 second quarter financial results on Monday, August 10, 2015 and its administration will host a conference call to talk about the second quarter financial results and other Company developments at 9:00 AM (Eastern Time) on August 10, 2015.
MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes in the United States.
Finally, Republic Airways Holdings Inc. (NASDAQ:RJET), ended its last trade with 3.17% gain, and closed at $3.91.
Republic Airways Holdings stated financial results for the second quarter of 2015.
Republic’s pre-tax income for the second quarter of 2015 was $9.1 million, contrast to $33.3 million for the preceding year’s second quarter. Republic’s net income for the second quarter of 2015 was $4.3 million, or $0.08 per diluted share contrast to preceding year net income of $20.1 million or $0.38 per diluted share. The effective tax rate of 52.7% for the quarter was higher than the normalized tax rate, primarily due to the impact of miscellaneous non-deductible expenses.
The Company stated the following key metrics for the three and six months ended June 30, 2015, and 2014:
Operating Revenue Highlights
Operating revenues reduced $5.4 million, or 1.6%, during the second quarter of 2015 to $337.6 million. Fixed-fee service revenue reduced $4.5 million, or 1.3%, to $332.6 million primarily due to a decrease in block hours flown and reduced revenues related to reimbursed aircraft ownership costs associated with aircraft temporarily removed from revenue service during the second quarter.
Operating Expense Highlights
Wages and benefits expenses raised 3.6%, or $3.3 million, primarily due to an enhance in pilot wages. The cost per block hour for pilot salaries raised by more than 15%, due to seniority related contract wage enhances and pilot premium pay incentive programs such as vacation buy-back and pilot open-time pickup.
Depreciation and amortization expense raised 10.7%, or $4.5 million, due primarily to the enhance in the number of owned E175 aircraft.
Other expenses raised 31.0%, or $11.3 million, primarily due to an enhance in fleet transition costs primarily related to the removal of Q400 and E190 aircraft coupled with costs for raised professional fees.
Republic Airways Holdings Inc., through its auxiliaries, provides planned passenger services. The company offers planned passenger service on about 1,229 flights daily to about 101 cities in the U.S. and Canada.
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