On Friday, Shares of LDR Holding Corp (NASDAQ:LDRH), lost -26.35% to $26.67. 5.06 million shares of the company were exchanged.
LDR Holding Corporation (LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, recently declared preliminary estimated revenue results for the third quarter ended September 30, 2015. For the third quarter ended September 30, 2015, the company anticipates to report:
- Total revenue of about $39.3 million, an enhance of 9.5% over the third quarter of 2014, or an enhance of 14.2% on a constant currency basis.
- Revenue from exclusive technology products of about $36.7 million, an enhance of 14.5% over the third quarter of 2014, or an enhance of 18.0% on a constant currency basis.
- Revenue in the United States of about $32.3 million, an enhance of 15.0% over the third quarter of 2014, and representing 82.2% of total revenue.
- International revenue of about $7.0 million, a decrease of 10.3% over the third quarter of 2014. On a constant currency basis, international revenue raised 11.4%.
Revenue from the Company’s exclusive cervical products is predictable to be about $27.5 million, an enhance of 21.0% over the third quarter of 2014, or an enhance of 25.2% on a constant currency basis, due principally to the growth from sales of the Mobi-C® Cervical Disc. Additionally, revenue from LDR’s exclusive lumbar products is predictable to be about $9.2 million, a decrease of 1.5% over the third quarter of 2014, or an enhance of 0.5% on a constant currency basis.
LDR Holding Corporation, a medical device company, focuses on designing and commercializing various surgical technologies for the treatment of patients suffering from spine disorders in the United States and internationally.
Shares of Philip Morris International Inc. (NYSE:PM), declined -0.10% to $84.07, during its last trading session.
The share price of this stock traded recently in a range of $84.05 to $84.58. The company now has a market value of $130.24 billion.
Philip Morris International Inc. (PM) will host a live audio webcast at www.pmi.com/webcasts on Thursday, October 15, 2015, at 9:00 a.m. ET to talk about its 2015 third-quarter results, which will be issued at about 7:00 a.m. ET the same day.
During the webcast, Jacek Olczak, Chief Financial Officer, will talk about PMI’s results and answer questions from the investment community and news media. The webcast will be in a listen-only mode.
Philip Morris International Inc., through its auxiliaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprise Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White.
Finally, Shares of Franklin Resources, Inc. (NYSE:BEN), ended its last trade with -0.10% loss, and closed at $38.85.
Franklin Resources, Inc. (NYSE: BEN) stated preliminary month-end assets under administration by the company’s auxiliaries of $770.9 billion at September 30, 2015, contrast to $806.0 billion at August 31, 2015, and $898.0 billion at September 30, 2014.
Franklin Resources, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships.
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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
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