During Wednesday’s Current trade, Shares of Endurance International Group Hldgs Inc (NASDAQ:EIGI), lost -1.77% to $17.84.
Endurance International Group Holdings, Inc. (EIGI), a leading provider of cloud-based platform solutions designed to assist small and medium-sized businesses succeed online, stated financial results for its second quarter ended June 30, 2015.
Second Quarter Financial Highlights
- GAAP revenue was $182.4 million, an enhance of 20 percent contrast to $152.0 million in the second quarter of 2014.
- Adjusted revenue was $183.3 million, an enhance of 15 percent contrast to $159.0 million in the second quarter of 2014.
- GAAP net loss attributable to Endurance International Group Holdings, Inc. was $(2.1) million, or $(0.02) per diluted share, contrast to a net loss of $13.4 million, or $(0.11) per diluted share, for the second quarter of 2014.
- Adjusted EBITDA was $61.6 million, an enhance of 9 percent contrast to $56.5 million in the second quarter of 2014.
- GAAP cash from operations was $46.0 million, an enhance of 62 percent contrast to $28.4 million in the second quarter of 2014.
- Unlevered free cash flow (as stated) was $55.3 million, an enhance of 27 percent contrast to $43.7 million in the second quarter of 2014.
Endurance International Group Holdings, Inc., together with its auxiliaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. It offers domain registration, administration, and resale services; proprietary, third-party, and open source Website building tools and design services that enable subscribers with varying degrees of technical sophistication to create a customized Web presence; Web hosting services, counting entry-level shared hosting, and virtual private server and dedicated hosting services; malware protection solutions to protect subscribers Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to plan, maintain, manage, and restore backups of their online data and Websites to meet their particular business needs. +
Shares of Team Health Holdings LLC(NYSE:TMH), inclined 5.94% to $68.52, during its current trading session.
Team Health Holdings, Inc.(TMH), a leading provider of outsourced physician staffing solutions for hospitals in the United States, declared results for its second quarter of 2015.
Agreement to Acquire IPC Healthcare
In a separate declarement issued, TeamHealth declared a definitive agreement to acquire IPC Healthcare Inc. (IPCM), a leading national acute hospitalist and post-acute provider organization, in an all-cash transaction with an enterprise value of about $1.6 billion or $80.25 per share.
2015 Second Quarter Results
Net revenue raised 30.1% to $878.0 million from $675.1 million in the second quarter of 2014. Acquisitions contributed 20.5%, net sales growth contributed 5.1%, and same contract revenue contributed 4.4% of the enhance in quarter-over-quarter growth in net revenue. Within the acquisitions category, new hospital contracting opportunities that were initially developed by our sales and marketing process contributed 5.7% of overall net revenue growth between quarters.
Team Health Holdings, Inc. provides outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. It recruits and contracts with healthcare professionals who then provide professional services in third-party healthcare facilities.
Entergy Corporation(NYSE:ETR), during its Wednesday’s current trading session decreased -0.09% to $68.51.
Entergy Corporation (ETR) declared that Robert Hall III has been named vice president, federal governmental affairs. Based in Entergy’s Washington, D.C., office, Hall’s responsibilities comprise developing and implementing the company’s stakeholder engagement strategies with elected officials and key policymakers.
Hall comes to Entergy from General Electric, where he served as the lead U.S. government affairs advocate for the company’s multiple energy technologies through his role as executive counsel. During his nearly 30 year career in Washington, Hall also worked at Dutko Worldwide as a senior vice president, as managing director of global government affairs at INVISTA and at Koch Industries as director, government affairs. He began his career as legislative counsel in the office of Sen. Sam Nunn.
Hall received his bachelor’s degree in political science from the University of Georgia and his Juris Doctor from the University of Georgia School of Law. He is a member of the State Bar of Georgia. Hall will report to Kimberly Despeaux, senior vice president, federal policy, regulatory and governmental affairs.
Entergy Corporation, together with its auxiliaries, engages in the electric power production and retail electric distribution operations in the United States. It operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, counting the City of New Orleans; and distributes natural gas.
Finally, Eaton Corp plc (NYSE:ETN), gained 1.17%, to $60.27.
The Board of Directors of power administration company Eaton (ETN) recently declared a quarterly dividend of $0.55 per ordinary share payable August 21, 2015 to shareholders of record at the close of business on August 3, 2015.
For U.S. tax purposes, Eaton estimates that all of the 2015 dividend will be treated as a return of capital to shareholders, to the extent of the shareholder’s tax basis in the shares. Additional information about the tax treatment of the dividend, counting actual return of capital information for 2014, is accessible at the investor relations page of the Eaton website, www.Eaton.com.
Eaton has paid dividends on its common shares every year since 1923.
Eaton Corporation plc operates as a power administration company worldwide. Its Electrical Products segment offers electrical components, industrial components, residential products, wiring devices, and structural support systems, in addition to single phase power quality, emergency lighting, fire detection, circuit protection, and lighting products. The company’s Electrical Systems and Services segment provides power distribution and assemblies, three phase power quality products, hazardous duty electrical equipment, intrinsically safe explosion-proof instrumentation, utility power distribution products, power reliability equipment, and services.
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