On Friday, Shares of King Digital Entertainment plc (NYSE:KING), lost -10.99% to $13.53.
King Digital Entertainment stated financial results for the second quarter ended June 30, 2015.
Recent Highlights
- Three King games were top 10 grossing games on both the Apple App Store and Google Play Store in the U.S. for second quarter 2015, marking the Company’s sixth successive quarter with at least three titles in the top 10 grossing games list on one or both of these major U.S. mobile platforms1
- MAUs, DAUs and average daily game plays raised year over year in second quarter 2015 driven by growth on the mobile platform
- Gross bookings from non-Candy Crush Saga2 titles raised 30% year over year to $324 million, or 61% of total gross bookings in second quarter 2015
- Launched Paradise Bay, King’s first resource administration game, on the Apple App Store and Scrubby Dubby Saga, our first slider mechanic game, on Facebook, expanding the global game portfolio to a total of 13 titles.
King Digital Entertainment plc, an interactive entertainment company, produces and distributes digital games on multiple platforms in the United States, the United Kingdom, Germany, and internationally.
Shares of Comcast Corporation (NASDAQ:CMCSK), declined -0.62% to $59.63, during its last trading session.
Comcast Corporation has added its newest member to the California Technical Operations group, naming Joe Bell as the new Area Vice President for the South Valley. Bell will report to Amy Lynch, Regional Vice President of Technical Operations for Comcast California.
Bell will be overseeing all aspects of Comcast’s operations in the South Valley, counting Fresno, Merced, Visalia, Santa Maria and North Santa Barbara areas. He recently served as the Senior Director of Technical Operations, for the Big South region. In that role, Bell was responsible for the day-to-day operations of the South Area which comprises Central and Southern Mississippi, Louisiana and Southern Alabama. Bell replaces Jeff Votaw who recently transferred to Sacramento to serve as Area Vice President for the Sacramento Valley.
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.
Finally, La Quinta Holdings Inc. (NYSE:LQ), ended its last trade with 0.35% gain, and closed at $20.20.
La Quinta Holdings stated its second quarter results.
Second Quarter 2015 Highlights contrast to Second Quarter 2014:
- Pro Forma Total Adjusted EBITDA raised 5.5 percent to $111.8 million, and Pro forma Adjusted EBITDA margin raised 30 basis points
- Pro Forma Adjusted Net Income raised 17.8 percent to $24.2 million; historical net loss was $(4.7) million
- Pro Forma Adjusted Earnings per Share raised by $0.03 to $0.19; historical loss per share was $(0.04)
- System-wide comparable RevPAR raised 4.0 percent, ADR raised 3.0 percent and occupancy raised 67 basis points
- Pro Forma Franchise and Administration Segment Adjusted EBITDA raised 6.4 percent to $30.1 million
- Opened 15 franchised hotels totaling over 1,300 rooms and raised franchise pipeline to 219 hotels, which comprises about 18,600 additional rooms, counting the addition of two locations in Manhattan
- Pro Forma Owned Hotels Segment Adjusted EBITDA raised 7.9 percent to $90.6 million
- Board of Directors approved moving forward with a $200 million share repurchase program once net debt to Pro Forma Adjusted EBITDA ratio falls below 4.0
- Voluntarily prepaid additional $70 million of long-term debt.
La Quinta Holdings Inc. owns, operates, and franchises select-service hotels under the La Quinta brand. It serves the upper-midscale and midscale segments.
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