On Thursday, in the course of Afternoon trade, Shares of SFX Entertainment Inc (NASDAQ:SFXE), dropped -14.30%, and is now trading at $0.896.
Beatport, an SFX Entertainment company and the global pulse of electronic dance music, recently with T-Mobile (TMUS) launched a new music hub on its popular Beatport app and website, called T-Mobile Backstage.
Accessible only to T-Mobile customers who are also registered with Beatport, T-Mobile Backstage benefits comprise:
- Exclusive ticket giveaways to events like Electric Zoo, Sun City Music Festival, and more.
- Members-only access to purchase sought-after tickets for some of the most popular SFX events sponsored by T-Mobile, such as TomorrowWorld, Life In Color and Something Wicked.
- A monthly four-pack of free music downloads selected by the expert Beatport music team, featuring the hottest tracks in electronic music.
- Access to expertly curated playlists.
- A Fan Wall capturing the best social media posts across Twitter, Facebook, and Instagram related to Beatport and T-Mobile Music Freedom.
SFX Entertainment, Inc. engages in the production of live events and digital entertainment content that focuses on the electronic music culture (EMC) and other festivals. The company produces and promotes live EMC festivals and events; produces music tours; and sells event tickets through a ticketing platform, in addition to provides merchandising and related services.
During an Afternoon trade, Shares of Newell Rubbermaid Inc. (NYSE:NWL), dipped -1.50%, and is now trading at $43.44.
Newell Rubbermaid, declared the declaration of a quarterly cash dividend of $0.19 per share. The dividend is payable September 15, 2015 to common stockholders of record at the close of business on August 31, 2015.
Newell Rubbermaid Inc. manufactures and markets consumer and commercial products worldwide. It operates through five segments: Writing, Home Solutions, Tools, Commercial Products, and Baby & Parenting.
Shares of Triangle Petroleum Corporation (NYSEMKT:TPLM), during its Thursday’s current trading session fell -2.20%, and is now trading at $3.11.
Triangle Petroleum Corporation, has planned the release of its second quarter fiscal year 2016 financial results for after the close of trading on Tuesday, September 8, 2015.
Triangle will host a conference call and webcast on Wednesday, September 9, 2015 at 8:30 AM MT (10:30 AM ET) to provide an operational update and talk about the financial results of Triangle’s second quarter fiscal year 2016, followed right away by a question and answer session.
Triangle Petroleum Corporation, an independent energy company, explores for, develops, and produces oil and natural gas resources primarily in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana.
Finally, Solaredge Technologies Inc (NASDAQ:SEDG), lost -1.16% Thursday.
SolarEdge Technologies, declared its financial results for the fiscal fourth quarter and year ended June 30, 2015.
Fourth Quarter and Full Fiscal Year 2015 Highlights
- Record revenue for fiscal Q4 2015 of $98.4 million, up 13.9% from the preceding quarter and 120.8% from fiscal Q4 2014. Record revenue for fiscal year 2015 of $325.1 million, representing a 144.0% year-over-year growth
- GAAP gross margin of 28.7% for fiscal Q4 2015 and 25.2% for fiscal year 2015
- GAAP net income for fiscal Q4 2015 of $9.3 million, and net income for fiscal year 2015 of $21.1 million
- Non-GAAP net income for fiscal Q4 2015 of $13.8 million and net income for fiscal year 2015 of $29.4 million
- 284 Megawatts (AC) of inverters shipped for fiscal Q4 2015 and 920 Megawatts (AC) for fiscal year 2015
Fourth Quarter 2015 Summary
- The Company stated revenues of $98.4 million for fiscal Q4 2015, an enhance of 13.9% from the preceding quarter and 120.8% from fiscal Q4 2014.
- GAAP gross margin reached 28.7% for fiscal Q4 2015, up from 27.4% in the preceding quarter and up from 19.6% in fiscal Q4 2014.
- Non-GAAP gross margin was 28.9% for fiscal Q4 2015, up from 27.6% in the preceding quarter and 19.6% in fiscal Q4 2014. This growth was mainly driven by cost reduction measures that were realized this quarter and reduced use of air shipments to a minimum.
- GAAP operating expenses were $16.4 million for fiscal Q4 2015, or 16.7% of revenue, an enhance from $13.9 million, or 16.1% of revenue from the preceding quarter and an enhance from $11.2 million, or 25.0% of revenue when contrast to fiscal Q4 2014.
- GAAP operating income was $11.9 million for fiscal Q4 2015, up from $9.8 million in the preceding quarter and up from an operating loss of $2.4 million in fiscal Q4 2014.
- GAAP net income was $9.3 million for fiscal Q4 2015, up from $6.0 million in the preceding quarter and up from a net loss of $3.0 million in fiscal Q4 2014.
SolarEdge Technologies, Inc. manufactures and supplies DC optimized inverter systems for solar PV installations. The company’s DC optimized inverter system comprises of power optimizers, inverters, and cloud-based monitoring software.
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