During Wednesday’s Afternoon trade, Shares of Platform Specialty Products Corp (NYSE:PAH), lost -0.95% to $23.05.
Platform Specialty Products Corporation (PAH) declared that it intends to release its second quarter 2015 financial results before market opens on Thursday, August 13, 2015.
Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, Asia, and Europe. The company’s Performance Materials segment manufactures and markets plating products that are used to plate holes; final finishes, which are used on printed circuit boards; circuit formation products to promote adhesion and form circuit patterns; oxides that are used in the fabrication of multilayer circuit boards; and pre-treatment and cleaning solutions.
Shares of SolarWinds Inc (NYSE:SWI), inclined 0.94% to $38.81, during its Afternoon trading session.
SolarWinds (SWI ), a leading provider of powerful and affordable IT administration software, recently stated results for its second quarter ended June 30, 2015.
Financial Results
- Total revenue for the second quarter of $119.1 million on a stated basis and $125.0 million on a constant currency basis, representing 17% year-over-year growth on a stated basis and 23% year-over-year growth on a constant currency basis.
- Record recurring revenue for the second quarter of $80.5 million on a stated basis, comprising maintenance revenue of $67.6 million and subscription revenue of $12.9 million, and $85.3 million on a constant currency basis, representing 26% year-over-year growth on a stated basis and 34% year-over-year growth on a constant currency basis, and representing 68% of total revenue.
- License revenue for the second quarter of $38.6 million on a stated basis and $39.6 million on a constant currency basis, representing 3% year-over-year growth on a stated basis and 5% year-over-year growth on a constant currency basis.
- GAAP operating income of $27.9 million and GAAP operating margin of 24% for the second quarter of 2015 contrast to GAAP operating income of $18.2 million and GAAP operating margin of 18% for the second quarter of 2014.
SolarWinds, Inc., together with its auxiliaries, designs, develops, markets, sells, and supports enterprise-class information technology (IT) and infrastructure administration software to IT and DevOps professionals in various organizations worldwide. The company offers enterprise-class network administration products and tools that allow network administrators and other IT professionals to monitor and manage the performance and configuration of their network infrastructure, in addition to to collect and analyze the log data for IT operations, security, and compliance administration.
Fluor Corporation (NEW) (NYSE:FLR), during its Wednesday’s Afternoon trading session gained 1.89% to $50.04.
Fluor Corporation (NEW) (FLR) declared that the U.S.-China Business Council (USCBC) has elected Fluor’s Chief Operating Officer, Peter Oosterveer, to its board. As a USCBC board member, Oosterveer will work to advance the commercial relationship between the two countries to support trade and investment opportunities.
Fluor Corporation, through its auxiliaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project administration services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The Oil & Gas segment offers a range of design, engineering, procurement, construction, and project administration services to upstream oil and gas production, liquefied natural gas, downstream refining, offshore production, pipeline, chemicals, and petrochemicals industries. It also provides consulting services comprising feasibility studies, process assessment, and project finance structuring and studies.
Finally, Rowan Companies PLC (NYSE:RDC), gained 3.39%, to $17.97.
Rowan Companies (RDC) plans to report earnings for the three months ended June 30, 2015 on Wednesday, August 5, 2015, before the open of the financial markets in the United States. Following the earnings report, the Company will conduct a conference call at 10:00 a.m. Central Daylight Time to talk about its operating results. Interested parties can listen to the conference call by telephone or over the internet.
Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 30 self-elevating mobile offshore jack-up drilling units, in addition to 3 ultra-deepwater drill ships. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, West and North Africa, Southeast Asia, and Trinidad. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.
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.
