During Thursday’s trade, following is the summary for technology sector:
- Cisco Systems, Inc. (NASDAQ:CSCO), was the top gainer of the technology sector for the last trading session, and added 9.39% to the share, while hitting new 52-week high of $29.58, and was settled at $29.46.
- Zynga, Inc. (NASDAQ:ZNGA), was among the top loser of the sector, losing -5.34% from the share, and was settled at $2.66.
- Aerohive Networks, Inc. (NYSE:HIVE) lately hits new 52-week low of $3.43, and was settled at $4.11.
- Angie’s List, Inc. (NASDAQ:ANGI), was the most volatile stock, and it remained 4.51% volatile for the week and 5.00% for the month.
- Infosonics Corp. (NASDAQ:IFON) will release their earning report, before the market close today.
Insights about some real losers from technology sector segment, amid Thursday’s exchange are depicted underneath:
Zynga, Inc. (NASDAQ:ZNGA), dipped -5.34% to close at $2.66, soon after the release that Zynga, Inc. (NASDAQ:ZNGA), declared financial results for the fourth quarter ended December 31, 2014.
Business and Audience Highlights:
- Generated bookings of $182.4 million, Adjusted EBITDA of $9.4 million and Non-GAAP net loss of $2.5 million in the fourth quarter of 2014.
- Delivered a 120% raise in fourth quarter mobile bookings year over year and a 14% raise quarter over quarter.
- In terms of platform mix, mobile bookings represented 60% of total bookings in the fourth quarter of 2014, up from 34% in the fourth quarter of 2013.
- Drove mobile audience growth, with fourth quarter mobile monthly audience up 87% year over year and mobile daily users up 41% year over year.
- Achieved record advertising results in the fourth quarter, with a 41% sequential raise in ad bookings, not including licensing and developer payments.
Zynga, Inc. (NASDAQ:ZNGA), is a leading developer of the world’s most popular social games that are played by more than 100 million monthly consumers. The company has created evergreen franchises such as FarmVille, Zynga Casino and Words With Friends.
Shares of Groupon, Inc. (NASDAQ:GRPN), dropped -1.58% and closed at $7.46, soon after Groupon, Inc. (NASDAQ:GRPN), declared financial results for the quarter and fiscal year ended December 31, 2014.
Fourth Quarter 2014 Summary:
- Gross billings, which reflect the total dollar value of customer purchases of goods and services, raised 31% globally to $2.1 billion in the fourth quarter 2014, contrast with $1.6 billion in the fourth quarter 2013. Not including the $82.2 million unfavorable influence from year-over-year changes in foreign exchange rates throughout the quarter, billings raised 36% contrast with fourth quarter 2013. On this F/X neutral basis, North America billings raised 20%, EMEA raised 8% and Rest of World raised 154%, driven by the first-quarter attainment of Ticket Monster.
- Proceed raised 20%, to $925.4 million in the fourth quarter 2014, contrast with $768.4 million in the fourth quarter 2013. Not including the $32.5 million unfavorable influence from year-over-year changes in foreign exchange rates throughout the quarter, proceed raised 25% contrast with fourth quarter 2013. On this F/X neutral basis, North America proceed raised 24%, EMEA raised 18% and Rest of World raised 50%.
- Gross profit was $393.5 million in the fourth quarter 2014, contrast with $378.2 million in the fourth quarter 2013.
Groupon, Inc. (NASDAQ:GRPN), is a global leader of local commerce and the place you start when you want to buy just about anything, anytime, anywhere. By leveraging the company’s global relationships and scale, Groupon offers consumers a vast marketplace of unbeatable deals all over the world. Shoppers discover the best a city has to offer on the web or on mobile with Groupon Local, enjoy vacations with Groupon Getaways, and find a curated selection of electronics, fashion, home furnishings and more with Groupon Goods.
Amber Road, Inc. (NYSE:AMBR), dropped -15.05% to close at $8.24, soon after the release that Amber Road, Inc. (NYSE:AMBR), declared its financial results for the fourth quarter and full year ended December 31, 2014.
Key Features Of Full Year 2014 Financial Highlights:
Proceed
- Total proceed was $64.8 million, an raise of 23% from $52.5 million in 2013.
- Subscription proceed was $45.1 million, an raise of 16% from $38.9 million in 2013.
- Professional Services proceed was $19.7 million, an raise of 44% from $13.7 million in 2013.
Operating Loss
- GAAP operating loss was $(26.9) million, contrast to $(13.7) million in 2013.
- Non-GAAP adjusted operating loss which excludes stock-based compensation, restricted stock compensation, compensation expense related to loan forgiveness, puttable stock compensation, changes in the fair value of contingent consideration liability, warrant expense and severance costs was $(2.1) million, contrast to $(2.1) million in 2013, which excludes stock-based compensation, restricted stock expense, puttable stock compensation, change in fair value of contingent consideration liability and warrant expense.
Amber Road, Inc. (NYSE:AMBR), mission is to dramatically change the way companies conduct global trade. As a leading provider of cloud based global trade administration (GTM) solutions, we automate import and export processes to enable goods to flow across international borders in the most efficient, compliant and profitable way.
Shares of the Oclaro, Inc. (NASDAQ:OCLR), plunged -14.12% & closed at $1.46, soon after the release that Oclaro, Inc. (NASDAQ:OCLR), declared that it intends to offer, subject to market conditions and other considerations, $55,000,000 aggregate principal amount of Convertible Senior Notes due 2020 in a private placement under the Securities Act of 1933, as amended. Oclaro also intends to grant to the initial purchaser of the Convertible Notes a 30-day option to purchase up to an additional $10,000,000 aggregate principal amount of the Convertible Notes.
Oclaro intends to use the net proceeds of the offering for general corporate purposes, counting working capital.
Oclaro, Inc. (NASDAQ:OCLR), designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide.
Cornerstone OnDemand, Inc. (NASDAQ:CSOD), dwindled -8.05% to close at $33.01, following the news release that Cornerstone OnDemand, Inc. (NASDAQ:CSOD), declared results for its fourth quarter and year ended December 31, 2014. Proceed for the fourth quarter of 2014 was $76.4 million, representing a 39% raise contrast to the same period in 2013. Proceed for the full year of 2014 was $263.6 million, representing a 42% raise contrast to the same period in 2013. Bookings, which the Company defines as proceed plus the change in deferred proceed for the period, were $114.2 million for the fourth quarter of 2014, representing a 35% raise contrast to the same period in 2013. Bookings for the full year of 2014 were $316.1 million, representing a 36% raise contrast to the same period in 2013. 1 Deferred proceed at December 31, 2014 was $191.3 million, representing a 38% raise contrast to the balance at December 31, 2013.
Cornerstone OnDemand, Inc. (NASDAQ:CSOD), is a leader in cloud-based applications for talent administration. Our solutions assist organizations recruit, train, manage and engage their employees, empowering their people and increasing workforce productivity.




