On Tuesday, Shares of Cadence Design Systems Inc (NASDAQ:CDNS), gained 9.59% to $20.79.
Cadence Design Systems, declared results for the second quarter of fiscal year 2015.
Cadence stated second quarter 2015 revenue of $416 million, contrast to revenue of $379 million stated for the same period in 2014. On a GAAP basis, Cadence recognized net income of $58 million, or $0.19 per share on a diluted basis, in the second quarter of 2015, contrast to net income of $23 million, or $0.08 per share on a diluted basis, for the same period in 2014.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
Shares of Range Resources Corp. (NYSE:RRC), inclined 3.92% to $43.91, during its last trading session.
Range Resources Corp., declared its second quarter financial results.
Highlights -
- Production volumes reached a record high, averaging 1,373 Mmcfe per day, a 24% enhance over the preceding-year quarter.
- Unit costs declined $0.36 per mcfe, or 11% contrast to the preceding-year quarter.
- Two Marcellus dry gas wells in southwest Pennsylvania were turned in line, each at 34.2 Mmcf per day, 1.8 Bcf per well of cumulative production in 90 days.
- Full-year 2015 capital budget of $870 million is on track to deliver 20% annual growth.
- Spectra’s Uniontown to Gas City project is anticipated to open ahead of plan allowing Range as anchor shipper to move about 170 Mmcf per day of net natural gas production, or about 28% of its average net second quarter production in the southwest Marcellus, to Midwest markets with improved realized prices.
- Mariner East I predictable to start the commissioning process in late third quarter expanding Range’s access to NGL markets outside the Appalachian basin with Range being the only producer directly holding capacity on the project.
- Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions.
Finally, Quantum Corp (NYSE:QTM), ended its last trade with 1.24% gain, and closed at $1.22.
Quantum Corp., declared support for the Xsan Distributed LAN Client in the public beta of Apple’s forthcoming operating system, OS X El Capitan. Now OS X El Capitan users can easily connect Xsan clients over Ethernet to a Quantum StorNext environment, enabling them to experience the full benefits of a StorNext-based workflow.
StorNext, Quantum’s shared storage platform which is 100 percent Xsan-compatible, has long allowed Mac users to plug into StorNext environments via Fibre Channel for high-performance workflow storage and collaboration. Increasingly, however, content owners are looking to leverage lower-cost Ethernet connectivity within their media workflows for such tasks as file inspection, QA and digital daily review. With the public beta release of OS X El Capitan, Xsan users can now enjoy full client access to a StorNext SAN environment to perform these critical tasks, using a simple Ethernet connection.
Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage portfolio comprises StorNext software, appliances and full systems called StorNext Pro Solutions, in addition to Lattus extended online storage and Q-Cloud Archive services.
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