On Wednesday, in the course of current trade, Shares of QEP Resources Inc (NYSE:QEP), dropped -1.54%, and is now trading at $13.51.
QEP Resources, stated second quarter 2015 financial and operating results. The Company stated a net loss from ongoing operations of $76.3 million, or $0.43 per diluted share, for the second quarter 2015 contrast with a net loss from ongoing operations of $106.1 million, or $0.59 per diluted share, in the second quarter 2014.
Net income or loss comprises non-cash gains and losses associated with the change in the fair value of derivative instruments, gains and losses from asset sales, a non-cash pension curtailment expense and impairment charges. Not taking into account these items, the Company’s second quarter 2015 Adjusted Net Income (a non-GAAP measure) was $16.0 million, or $0.09 per diluted share, contrast with Adjusted Net Income from ongoing operations of $54.1 million, or $0.30 per diluted share, for the comparable 2014 period. The decrease in Adjusted Net Income was due primarily to significantly lower average field-level prices for crude oil, natural gas and NGL, partially offset by higher crude oil volumes, lower production taxes and higher proceeds from realized commodity derivatives.
QEP Resources, Inc., through its auxiliaries, operates as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado.
During an Afternoon trade, Shares of HomeAway, Inc. (NASDAQ:AWAY), climbed 7.37%, and is now trading at $30.60.
HomeAway, stated its financial results for the second quarter ended June 30, 2015.
Administration Commentary
“We’ve had another great quarter, delivering strong results at or above our expectations,” says Brian Sharples, chief executive officer of HomeAway(R). “We are especially encouraged by the uptake of our online bookable listings, which grew to 50% of our inventory in the quarter and marks a noteworthymilestone toward our 2016 aim to make nearly all of our listings online bookable.”
Mr. Sharples continued, “Another important accomplishment in the first half of the year was the launch of our integrated marketing campaign. Post-launch, we have practiced an acceleration in traffic growth and brand awareness. We have started building a solid foundation for our multi-year marketing effort and look forward to ongoing to bring friends and families together in vacation rentals around the globe through our network of sites.”
HomeAway, Inc., together with its auxiliaries, operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers.
Finally, Polycom Inc (NASDAQ:PLCM), gained 0.55% Wednesday.
Polycom, declared Polycom VVX business media phones are now accessible on and interoperable with Alcatel-Lucent Rapport for Enterprise, a software-based, open communications platform designed to give large enterprises and service providers a flexible way to customize their communications and partnership services.
With Polycom VVX business media phones and Alcatel-Lucent Rapport for Enterprise, organizations can experience the exceptional voice quality of the industry’s largest open SIP handset provider. Polycom VVX business media phones deliver an easy-to-use, compriseent user experience with industry leading audio quality from the front desk to the executive office, and everywhere in between. Rapport provides a single open communications framework deployed in a private cloud. The integration with Rapport further demonstrates Polycom’s long-standing commitment to integration, which goes beyond standard interoperability. This ensures ease of use and operation into end user and administrator’s workflows.
Polycom, Inc. provides partnershipsolutions for voice, video, and content sharing. The company offers video, voice, and content-administration and content-sharing solutions, such as telepresence and conference room systems, home/work office solutions, applications for mobile devices, browser-based video collaboration, and cloud-delivered services, in addition to industry-specific solutions, counting specialized video carts and solutions for healthcare, education, and manufacturing.
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