On Thursday, DexCom, Inc. (NASDAQ:DXCM)’s shares inclined 8.56% to $93.31.
DexCom, Inc. ( DXCM) stated its unaudited financial results as of and for the quarter ended June 30, 2015.
Total revenue grew to $93.2 million for the second quarter of 2015, an enhance of 59% from the same quarter in 2014. Total gross profit totaled $66.0 million for the three months ended June 30, 2015, contrast to a total gross profit of $39.9 million for the three months ended June 30, 2014. The Company stated a net loss of $3.7 million, or $0.05 per share for the three months ended June 30, 2015, contrast to a net loss of $6.0 million, or $0.08 per share ($0.09 on a diluted basis) for the three months ended June 30, 2014. The net loss of $3.7 million for the three months ended June 30, 2015 comprised of $23.4 million in non-cash expenses, comprised primarily of share-based compensation, depreciation and amortization, contrast to the net loss of $6.0 million for the three months ended June 30, 2014, which comprised of $14.2 million in non-cash expenses.
DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring systems. The company offers its systems for ambulatory use by people with diabetes; and for use by healthcare providers in the hospital for the treatment of patients with and without diabetes. Its ambulatory product line comprises DexCom G4 system, a continuous glucose monitoring system; DexCom G4 PLATINUM system for continuous use by adults with diabetes; and DexCom SHARE, a remote monitoring system, which provides secondary notification and does not replace real time continuous glucose monitoring or standard home blood glucose monitoring. Its in-hospital product line comprises GlucoClear, a blood-based in-vivo automated glucose monitoring system for use by healthcare providers in the hospital.
Gap Inc (NYSE:GPS)’s shares dropped -0.74% to $34.93.
Gap Inc (GPS) declared a series of planned actions to position Gap brand for improved business performance and build for the future. Following a thorough evaluation of its business and operations, Gap plans to right-size its specialty store fleet and streamline its headquarter workforce, primarily in North America, as part of the comprehensive effort to deliver more compriseent and compelling product collections and engage customers across all channels.
In order to drive productivity improvements and showcase the brand in the most successful locations, Gap will close about 175 specialty stores in North America over the next few years, with about 140 closures occurring this fiscal year. These changes will not impact Gap Outlet and Gap Factory Stores. In parallel with these moves, the brand will close a limited number of European stores during this period.
Following the fleet optimization effort, the brand will continue to serve North American customers through about 800 Gap stores – comprised of 500 Gap specialty locations and 300 Gap outlet stores – in addition to its dynamic online channels, better reflecting the way recently customers shop across specialty, outlet and online. The brand will continue to have a robust global presence in more than 50 countries and with about 1,600 company-operated and franchise locations globally.
The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brand names. The company provides apparel, handbags, shoes, jewelry, personal care products, and eyewear for men and women; and performance and lifestyle apparel for use in yoga, strength training, and running, as well as seasonal sports, including skiing and tennis. It offers its products through company-operated stores, franchise stores, Websites, e-commerce and social sites, and catalogs.
At the end of Thursday’s trade, American Eagle Outfitters (NYSE:AEO)‘s shares dipped -2.42% to $17.34.
American Eagle Outfitters and STATE Bags declared that together they will donate 20,000 new STATE backpacks to students across 20 high-need communities served by Teach For America. The partnership equips students in traditionally underserved areas with the supplies they need to enter the classroom ready to learn.
STATE Bags, a national one-for-one benefit corporation that operates to create a positive impact on American children, donates one bag to a child in need for every bag purchased. Now through October 10, 2015, for every STATE backpack purchased in American Eagle Outfitters stores, one backpack will be delivered to a student in schools where Teach For America corps members and alumni are serving.
American Eagle Outfitters, Inc. operates as a retailer of apparel and accessories in the United States and internationally. The company’s stores offers denims, pants, shorts, sweaters, fleece, outerwear, graphic T-shirts, footwear, and accessories for 15 to 25 year old men and women under the American Eagle Outfitters brand name; and intimates and personal care products for women the aerie brand name.
Cognizant Technology Solutions Corp (NASDAQ:CTSH), ended its Thursday’s trading session with -0.39% loss, and closed at $67.08.
Cognizant (CTSH), a leading provider of information technology, consulting, and business process outsourcing services, declared that Karen McLoughlin, Chief Financial Officer, will present at the following investor conference:
The Oppenheimer 18th Annual Technology, Internet & Communications Conference
- Date: Wednesday, August 12, 2015
- Time: 1:45 PM ET
Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services comprise IT strategy consulting, program administration consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship administration implementation services.
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