On Friday, Shares of Ubiquiti Networks, Inc. (NASDAQ:UBNT), gained 0.18% to $28.40, hitting its lowest level.
Ubiquiti Networks, declared results for the third fiscal quarter of 2015, ended March 31, 2015.
Third Quarter Financial Summary
- Revenues of $147.5 million
- GAAP gross profit of $66.0 million and non-GAAP gross profit of $66.1 million
- GAAP net income of $41.1 million and non-GAAP net income of $42.0 million
- GAAP diluted EPS of $0.46 and non-GAAP diluted EPS of $0.47
- $36.7 million in net cash offered by operating activities.
Ubiquiti Networks, Inc., together with its auxiliaries, provides various networking products and solutions for service providers and enterprises in the United States and internationally. The company’s service provider product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, and machine-to-machine communication components.
Shares of Noble Energy, Inc. (NYSE:NBL), inclined 2.08% to $49.12, during its last trading session.
Noble Energy, declared a first quarter 2015 net loss of $22 million, or $0.06 per diluted share. Not taking into account the impact of certain items, which would typically not be considered by analysts in published earnings estimates, first quarter 2015 adjusted income was $10 million, or $0.03 per diluted share. Discretionary cash flow was $555 million and net cash offered by operating activities was $541 million. Capital expenditures for the initial quarter of 2015 totaled $919 million.
Total sales volumes for the quarter averaged a record 318 thousand barrels of oil equivalent per day (MBoe/d), an enhance of 11 percent contrast to the first quarter of 2014, or 17 percent after adjusting for non-core assets divested during 2014. Liquids comprised 43 percent (33 percent crude oil and condensate and 10 percent natural gas liquids) of first quarter 2015 sales volumes, with natural gas the remaining 57 percent.
Total Company sales volumes were higher primarily as a result of continued development of the DJ Basin and Marcellus Shale resource plays, where combined production was up more than 35 percent from the first quarter of last year. Horizontal production in these core plays raised more than 60 percent as compared to the similar period. Internationally, sales volumes in the first quarter of 2015 were lower than the first quarter of last year, primarily as a result of the timing of liftings and facility maintenance in Equatorial Guinea, in addition to the impact of the sale of the China asset in 2014. Israel natural gas sales were up about 10 percent as compared to the initial quarter of 2014.
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in onshore DJ Basin and Marcellus Shale, the United States; the deepwater Gulf of Mexico; offshore West Africa; and offshore Eastern Mediterranean.
At the end of Friday’s trade, Shares of Fluidigm Corporation (NASDAQ:FLDM), drowned -28% to $26.95.
Fluidigm Corporation, declared its financial results for the first quarter ended March 31, 2015.
Total revenue for the first quarter of 2015 was $26.7 million, an enhance of 4% from $25.7 million in the first quarter of 2014, and an enhance of 10% on a constant-currency basis. The first quarter of 2014 revenue excludes $3.8 million of revenue from the DVS acquisition preceding to acquisition close.
Net loss for the first quarter of 2015 was $15.9 million, contrast to a net loss of $15.4 million in the first quarter of 2014. Non-GAAP net loss for the first quarter of 2015 was $7.3 million, contrast with non-GAAP net income of $0.08 million for the first quarter of 2014.
Fluidigm Corporation creates, manufactures, and markets technologies and life science tools focused on the exploration and analysis of single cells, in addition to the industrial application of genomics. It provides various preparatory instruments, counting C1 single-cell auto prep system, a sample preparation system that isolates, processes, and profiles individual cells for genomic analysis; and access array systems that enables automated polymerase chain reaction (PCR)-based target enrichment, barcoding, and tagging of resequencing libraries and facilitates parallel amplification.
Finally, Microchip Technology Inc. (NASDAQ:MCHP), ended its last trade with 3.29% gain, and closed at $48.97.
Microchip Technology, stated results for the three months and fiscal year ended March 31, 2015.
GAAP net sales for the fourth quarter of fiscal 2015 were $543.2 million, up 10.1% from GAAP net sales of $493.4 million in the preceding year’s fourth fiscal quarter. GAAP net income for the fourth quarter of fiscal 2015 was $99.4 million, or 45 cents per diluted share, down 10.8% from GAAP net income of $111.5 million, or 50 cents per diluted share, in the preceding year’s fourth fiscal quarter.
Non-GAAP net sales for the fourth quarter of fiscal 2015 were $547.2 million, up 10.9% from non-GAAP net sales of $493.4 million in the preceding year’s fourth fiscal quarter. Non-GAAP net income for the fourth quarter of fiscal 2015 was $148.8 million, or 68 cents per diluted share, up 5.3% from non-GAAP net income of $141.3 million, or 64 cents per diluted share, in the preceding year’s fourth fiscal quarter. For the fourth quarters of fiscal 2015 and fiscal 2014, our non-GAAP results exclude the effect of share-based compensation, expenses related to our acquisition activities (counting intangible asset amortization, inventory valuation costs, severance costs, and legal and other general and administrative expenses associated with acquisitions), revenue recognition changes related to ISSC’s distribution relationships, a loss on the retirement of convertible debentures, gains from equity securities, non-cash interest expense on our convertible debentures, and non-recurring tax events.
Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications. The company offers microcontrollers, such as 8-bit, 16-bit, and 32-bit microcontrollers under the PIC brand name; and 16-bit dsPIC digital signal controllers, in addition to provides microcontrollers for automotive networking, computing, wireless communication, and wireless audio applications.
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