On Thursday, Shares of Intellicheck Mobilisa, Inc. (NYSEMKT:IDN), surged 12.50% to $1.44.
Intellicheck Mobilisa declared its financial results for the quarter ended June 30, 2015.
Revenue for the second quarter ended June 30, 2015 raised 91.5% to $2,292,000, contrast to $1,197,000 in the same period of the previous year. Adjusted EBITDA was ($809,000) for the second quarter of 2015 contrast to ($952,000) for the second quarter of 2014. Net loss for the three months ended June 30, 2015 was ($1,214,000) million or ($0.12) per diluted share contrast to a net loss of ($1,101,000) or ($0.22) per share for the quarter ended June 30, 2014.
The Company’s booked orders for the three months ending June 30, 2015 raised 28% to $2,909,000 contrast to $2,267,000 for the same period in 2014.
Intellicheck Mobilisa, Inc. develops, integrates, and markets wireless technology and identity systems for mobile and handheld access control and security systems.
Shares of Enservco Corporation (NYSEMKT:ENSV), declined -5.26% to $0.90, during its last trading session, hitting its lowest level.
Enservco Corporation, will host a conference call and live webcast to talk about the results of the second quarter 2015, to be held Friday, August 14, 2015 at 1:00 PM Eastern Time.
To take part in this event, dial 877-407-8031 domestically, or 201-689-8031 internationally, about 5 to 10 minutes before the startning of the call.
Enservco Corporation, through its auxiliaries, provides oil field services to the onshore oil and natural gas industry in the United States. It offers well enhancement services, such as hot oiling, acidizing, frac water heating, and pressure testing; fluid administration services, counting water/fluid hauling, frac tank rental, and disposal services; and well site construction and roustabout services, in addition to other general oilfield services.
Finally, Actions Semiconductor Co., Ltd. (NASDAQ:ACTS), ended its last trade with 2.11% gain, and closed at $1.45.
Actions Semiconductor stated its financial results for the second quarter ended June 30, 2015.
Second Quarter 2015 Results
All financial results are stated on a U.S. GAAP basis.
Revenue for the second quarter of 2015 was $13.7 million, as contrast to revenue of $10.5 million for the first quarter of 2015, and $12.0 million for the second quarter of 2014.
Actions Semiconductor stated gross profit in the second quarter of $3.5 million, as contrast with $2.5 million in the first quarter of 2015 and $2.2 million in the second quarter of 2014. Gross margin was 25.7% for the second quarter of 2015, contrast to gross margin of 23.5% for the first quarter of 2015, and 18.4% for the second quarter of 2014. In the year ago period the Company recorded a write-down of certain slower moving inventory which reduced gross margin by about 7%.
Operating expenses in the second quarter of 2015 were $10.1 million, as contrast to $9.5 million in the first quarter of 2015 and $10.0 million in the second quarter of 2014.
Research and development expenses were $7.3 million for the second quarter, as contrast to $6.8 million in the first quarter of 2015 and $6.6 million in the second quarter of 2014. The year-over-year and quarter-over-quarter enhances were mainly related to mask expenses associated with OTT set-top box and tablet SoCs. The Company anticipates full year R&D expenses in 2015 to be below 2014 levels.
Actions Semiconductor Co., Ltd., a fabless semiconductor company, designs, develops, and markets system-on-a-chip (SoC) products and solutions worldwide. The company offers integrated platform solutions, counting SoCs, firmware, software development tools, and reference designs for manufacturers of portable media players and smart handheld devices, such as Bluetooth audio and music devices, tablets, and OTT.
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