On Friday, Shares of Netflix, Inc. (NASDAQ:NFLX), lost -0.27% to $123.39.
Netflix, will premiere the original documentary Winter on Fire: Ukraine’s Fight for Freedom, directed by Evgeny Afineevsky, on Friday, October 9, 2015 exclusively to Netflix members worldwide.
Chronicling events that unfolded over 93 days in 2013 and 2014, Winter on Fire: Ukraine’s Fight for Freedom witnesses the formation of a new civil rights movement in Ukraine. What started as peaceful student demonstrations supporting European integration morphed into a full-fledged violent revolution calling for the resignation of the nation’s president. The film captures the remarkable mobilization of nearly a million citizens from across the country protesting the corrupt political regime that utilized extreme force against its own people to suppress their demands and freedom of expression.
The harrowing documentary is set to make its world premiere at the 72nd Venice Film Festival in September.
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 Kosmos Energy Ltd (NYSE:KOS), declined -2.49% to $7.06, during its last trading session.
Kosmos Energy Ltd., declared financial and operating results for the second quarter of 2015, which comprised of a net loss of $75.2 million, or $0.20 per diluted share, as contrast to net income of $56.5 million, or $0.15 per diluted share in the same quarter last year. When adjusted for certain items that impact the comparability of results, counting non-cash changes in the fair value of derivative instruments, cash settlements on commodity derivatives, gain on sale of assets, and other similar non-cash and non-recurring charges, the Company generated an adjusted net loss of $1.3 million or $0.00 per diluted share for the second quarter of 2015.
Highlights for the quarter ended June 30, 2015, comprise:
- Made a significant, basin-opening gas discovery offshore Mauritania
- Sold 1.9 million barrels of oil, net to Kosmos
- Accomplished about 65 percent of the development of the TEN project
- Improved liquidity through add-on offering of senior notes, and refinancing of our corporate revolving credit facility
Kosmos Energy Ltd. explores for and produces oil and gas in Africa, Europe, and South America. Its asset portfolio comprises production and other development projects in offshore Ghana, in addition to exploration licenses with hydrocarbon potential in offshore Ireland, Mauritania, Morocco, Senegal, and Suriname.
Finally, MaxLinear, Inc. (NYSE:MXL), ended its last trade with 2.58% gain, and closed at $10.32.
MaxLinear, declared financial results for the second quarter ended June 30, 2015.
Generally Accepted Accounting Principles (GAAP) Results
Net revenue for the second quarter of 2015 was $70.8 million, an enhance of 100 percent contrast to the first quarter of 2015, and an enhance of 99 percent contrast to the second quarter of 2014. Gross profit for the second quarter of 2015 was 38.0 percent of revenue, contrast to 61.2 percent for the first quarter of 2015, and 62.5 percent for the second quarter of 2014. The gross profit for the second quarter of 2015 was influenced by $13.3 million in amortization of inventory step-up and $1.1 million in amortization of intangible assets related to the Entropic acquisition.
Net loss for the second quarter of 2015 was $30.6 million, or $0.58 per share (diluted), which also comprised of about $2.8 million in fees and expenses related to our acquisition of Entropic Communications, $9.1 million and $0.1 million in amortization of intangible assets related to the Entropic and Physpeed acquisitions, respectively, and $11.4 million in restructuring charges related to the acquisition of Entropic. These results compare to a net loss of $4.7 million, or $0.12 per share (diluted), for the first quarter of 2015, and net loss of $0.6 million, or $0.02 per share (diluted), for the second quarter of 2014.
Cash flow offered by operations for the second quarter of 2015 totaled $4.6 million, contrast to cash offered by operations of $3.8 million for the first quarter of 2015, and cash offered by operations of $7.6 million for the second quarter of 2014.
Cash, cash equivalents, and investments totaled $82.1 million at June 30, 2015, contrast to $81.3 million at March 31 2015, and $91.5 million at June 30, 2014.
Non-GAAP Results
Non-GAAP gross profit percentage for the second quarter of 2015 was 58.4 percent of revenue, contrast to 61.3 percent for the first quarter of 2015, and 62.6 percent for the second quarter of 2014.
Non-GAAP net income for the second quarter of 2015 was $11.5 million, or $0.21 per share (diluted), contrast to $3.6 million, or $0.09 per share (diluted), for the first quarter of 2015, and $5.0 million, or $0.13 per share (diluted), for the second quarter of 2014.
MaxLinear, Inc. provides integrated, radio-frequency (RF) and mixed-signal circuits for broadband communication and data center, metro, and long-haul transport network applications worldwide.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
