On Wednesday, XPO Logistics Inc (NYSE:XPO)’s shares inclined 1.30% to $34.22.
XPO Logistics, Inc. (XPO) declared financial results for the second quarter of 2015, counting 22 days of financial performance from the operations of Norbert Dentressangle SA. Total gross revenue raised 109.3% year-over-year to $1.2 billion, and net revenue raised 317.2% to $508.6 million.
On a GAAP basis, the company stated a net loss of $78.8 million for the quarter, contrast with a net loss of $13.8 million for the same period in 2014. The net loss accessible to common shareholders was $75.1 million, or a loss of $0.89 per diluted share, contrast with a net loss accessible to common shareholders of $14.5 million, or a loss of $0.28 per diluted share, for the same period in 2014.
On an adjusted basis, the net loss accessible to common shareholders, a non-GAAP measure, was $13.6 million, or a loss of $0.16 per share for the quarter, not taking into account the items detailed below. This compares with an adjusted net loss accessible to common shareholders of $11.6 million, or a loss of $0.22 per share, for the second quarter of 2014.
XPO Logistics, Inc. provides transportation and logistics services primarily in the United States. The company operates through two segments, Transportation and Logistics. The Transportation segment provides truckload, less-than truckload and intermodal brokerage, and last-mile delivery logistics services under the brands XPO Logistics, XPO Last Mile, and Pacer; and time-critical, time-sensitive, or high preceding freight shipment services under the brand names XPO Express, XPO NLM, and XPO Air Charter.
Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP)’s shares gained 7.00% to $27.06.
Sucampo Pharmaceuticals, Inc. (SCMP) stated merged financial results for the second quarter ended June 30, 2015.
Sucampo stated year-over-year growth of 45% to $34.9 million in total revenue, 16% to $16.1 million in product royalty revenue and 92% to $14.5 million in product sales revenue. Sucampo stated net income of $9.6 million and fully-diluted earnings per share (EPS) of $0.21 during the second quarter of 2015, contrast to net income of $1.6 million and fully-diluted EPS of $0.04 in the same period in 2014.
Sucampo Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the research and development of proprietary drugs in the Americas, Europe, and Asia. It is developing prostones, which are ion channel activators, to treat gastrointestinal, ophthalmic, and oncology-based inflammatory disorders, in addition to other therapeutic applications of drug technologies.
At the end of Wednesday’s trade, Citrix Systems, Inc. (NASDAQ:CTXS)‘s shares surged 3.04% to $67.39.
Citrix declared that Gartner, Inc. has positioned Citrix in the leaders’ quadrant of the 2015 Magic Quadrant for Enterprise File Synchronization and Sharing (EFSS) report1 for the second year in a row for its EFSS ShareFile® product solution. ShareFile’s integration with other products in the Citrix portfolio, provides flexibility and security via Restricted StorageZones, in addition to extensive support for back-end integration which enables a hybrid EFSS architecture.
According to Gartner, “leaders provide mature offerings that meet market demand. They have demonstrated the vision necessary to sustain their market positions as requirements evolve. The hallmark of Leaders is that they focus and invest in their offerings to lead the market and affect its overall direction. Leaders can be the vendors to watch as you try to understand how new offerings might evolve. Leaders typically possess a significant, satisfied customer base and enjoy high visibility in the market. Their size and maturity enable them to remain viable under changing market conditions. Leaders typically respond to a wide market audience by supporting broad market requirements. However, they may fail to meet the specific needs of vertical markets or other more specialized segments.”
Citrix Systems, Inc. provides virtualization, mobility administration, networking, and Software as a Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data; XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; Citrix XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; and Citrix Operatespace Suite, a business mobility solution that delivers the user experience for any app or desktop.
Western Digital Corp (NASDAQ:WDC), ended its Wednesday’s trading session with 0.87% gain, and closed at $.81.15
WD®, a Western Digital® (WDC) company, and world leader in storage solutions, recently declared the expansion of its award-winning WD Red Pro hard drive line with the release of 5 TB and 6 TB capacities. The WD Red Pro family is ideal for NAS (network attached storage) systems having up to 16 drive bays and serving businesses with more expansive storage needs than the standard WD Red drives.
Shipping now, WD Red Pro 5 and 6 TB drives leverage an improved design and 128 MB cache to deliver data transfer rates of 214 megabytes per second (MB/s). WD’s NASware™ 3.0 features technology promoting data protection, high NAS performance and reliable integration.
WD Red Pro 6 TB hard drives feature the following:
Up to 16 Bay Shock Protection – Equipped with a multi- axis shock sensor, the drive automatically detects subtle shock events and, together with dynamic fly height technology, adjusts each read-write function to compensate and protect the data, further protecting the drive in large 1- to 16-bay NAS environments.
NASware 3.0 – Exclusive advanced firmware enables seamless integration, robust data protection and optimal performance for systems operating in the demanding NAS environment.
Vibration Protection – Hardware vibration compensation technology monitors the drive to correct both linear and rotational vibration in real time, further increasing drive reliability and enabling high performance in higher vibration systems caused from drive to drive vibration in addition to from the high speed fans used to cool the larger systems.
Western Digital Corporation, together with its auxiliaries, engages in the development, manufacture, sale, and provision of data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content worldwide. The company’s product portfolio comprises hard disk drives (HDDs), solid-state drives (SSDs), direct attached storage solutions, personal cloud network attached storage solutions, and public and private cloud data center storage solutions.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
