On Thursday, Shares of Alkermes plc (NASDAQ:ALKS), dropped -3.37% to $55.37.
Alkermes, stated financial results for the first quarter of 2015.
Quarter Ended March 31, 2015 Highlights
- Total revenues for the quarter were $161.2 million contrast to $130.2 million for the same period in the preceding year.
- Non-GAAP net income was $9.2 million, or a non-GAAP diluted earnings per share (EPS) of $0.06 for the quarter. This contrast to non-GAAP net income of $16.2 million, or a non-GAAP diluted EPS of $0.11, for the same period in the preceding year.
- GAAP net loss was $30.7 million, or a basic and diluted GAAP loss per share of $0.21, for the quarter. This contrast to GAAP net loss of $24.4 million, or a basic and diluted GAAP loss per share of $0.17, for the same period in the preceding year.
Alkermes Public Limited Company, an integrated biopharmaceutical company, engages in the research, development, and commercialization of pharmaceutical products to address unmet medical needs of patients in various therapeutic areas.
Shares of Jumei International Holding Limited (NYSE:JMEI), declined -3.36% to $20.99, during its last trading session.
Jumei International, declared that it will meet with institutional investors at the following forthcoming investor conferences in May 2015:
- On May 4-6, 2015, Jumei will meet with investors at the Macquarie Greater China Conference 2015 in Hong Kong.
- On May 11-12, 2015, Jumei will meet with investors at the CLSA 20th China Forum in Chengdu.
- On May 14-15, 2015, Jumei will meet with investors at the HSBC Securities 3rd Annual China Conference in Shanghai.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company provides various beauty products, counting cosmetics, skin care and body care products, cosmetic applicators, and fragrance products, in addition to beauty products for men, and baby and children.
At the end of Thursday’s trade, Shares of SunPower Corporation (NASDAQ:SPWR), dwindled -3.25% to $32.19.
SunPower Corporation, declared financial results for its first fiscal quarter ended March 29, 2015.
First-quarter fiscal 2015 non-GAAP results comprise net adjustments that, in the aggregate, enhance net income by $29.3 million, counting gross margin adjustments of ($11.3) million related to the timing of revenue recognition from utility and power plant projects, $13.5 million in stock-based compensation expense, $4.7 million in non-cash interest expense, $3.8 million in restructuring charges related to the November 2014 Restructuring Plan, $9.9 million in YieldCo-related costs, $5.8 million of other adjustments, and $2.9 million in tax effect.
2015 Financial Outlook
SunPower believes that its underlying business fundamentals remain strong for 2015. However, in light of the company’s declaration on Feb. 23, 2015 of its intention to form a joint YieldCo vehicle, 8point3 Energy Partners, with First Solar, and the pending S-1 registration statement, the company will withhold fiscal year 2015 guidance until the company can finalize the estimates regarding the impact of the projected YieldCo vehicle on the company’s predictable financial performance. The company will provide an update at a later date.
SunPower Corporation designs, manufactures, and delivers solar systems to residential, commercial, and utility-scale power plant customers worldwide. The company offers solar power components, counting panels, balance of system components, and inverters.
Finally, NCR Corporation (NYSE:NCR), ended its last trade with -3.24% loss, and closed at $27.44.
NCR Corporation, stated financial results for the three months ended March 31, 2015.
Q2 2015 Outlook
For the second quarter of 2015, the Company anticipates non-pension operating income (NPOI) to be in the range of $190 million to $200 million, contrast to $210 million in the second quarter of 2014, and income from operations to be in the range of $140 million to $150 million, contrast to $169 million in the second quarter of 2014. The unfavorable foreign currency impact on NPOI is predictable to be about $20 million in the second quarter of 2015. NCR anticipates its second quarter 2015 effective income tax rate to be about 28% and other expense, net counting interest expense to be about $55 million.
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries.
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