On Thursday, SeaWorld Entertainment Inc(NYSE:SEAS)’s shares declined -3.60% to $18.77.
SeaWorld Entertainment, Inc. (SEAS), a leading theme park and entertainment company, stated financial results for the first half and second quarter of 2015.
Overview
- Stated an attendance decline in the second quarter due to the timing of Easter, record levels of rainfall in Texas and continued brand challenges in California, partially offset by improvements in demand at the Company’s other park locations, counting Florida.
- Accomplished a debt refinancing, which, at current interest rates, should generate an average of $14.0 million in annual interest cost savings.
- Returned $54.5 million to shareholders through dividend declarations thus far in 2015.
- Reaffirmed full year 2015 Adjusted EBITDA guidance to be in the range of flat to up 3% as compared to 2014.
SeaWorld Entertainment, Inc. operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand name in Orlando, San Antonio, and San Diego; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; Discovery Cove marine-life theme park in Langhorne; and Sesame Place, a seasonal park in Langhorne.
Valeant Pharmaceuticals Intl Inc(NYSE:VRX)’s shares dropped -6.48% to $229.04.
Biotech company Pharming Group N.V. published its (unaudited) financial report for the six months ended 30 June 2015.
FINANCIAL HIGHLIGHTS
- Revenues from operations raised to €5.2 million (H1 2014: €2.5 million) as a result of substantially raised revenues from product sales of €4.1 million (€2.9 million for Q2), contrast to €1.4 million for H1 2014. Revenues from Ruconest® sales in the US amounted to €3.0 million (€2.4 million for Q2) and in the EU amounted to €1.1 million (€0.5 million for Q2).
- Gross profit raised to €2.9 million (€2.1 million for Q2) from €0.7 million in H1 2014 as a result of sales in the US and a gain on inventory impairments, reflecting the improving yields from sales in the US and direct commercialisation in the EU.
- As result of increasing costs of operations (R&D, General and Administrative and Marketing and Sales), operating result reduced by €0.7 million, to a loss of €6.1 million contrast to a €5.4 million loss for H1 2014. The enhance is mostly a result of the (non-cash) share-based compensation.
Valeant Pharmaceuticals International, Inc. develops, manufactures, and markets pharmaceuticals, over-the-counter products, and medical devices worldwide. The company offers Solodyn to treat red and pus-filled pimples of acne in patients, in addition to Ziana, Acanya, Atralin, Retin- A Micro, and ONEXTON gel; Wellbutrin XL for major depressive disorder in adults; Jublia for onychomycosis of the toenails; Xenazine for chorea; Targretin for Cutaneous T-Cell Lymphoma; Arestin, a subgingival sustained-release antibiotic; and PROVENGE for the treatment of prostate cancer.
At the end of Thursday’s trade, 3D Systems Corporation(NYSE:DDD)‘s shares dipped -3.74% to $12.10.
3D Systems Corporation (DDD) declared that it has expanded its PlasticJet Printing materials to comprise a new Nylon for the company’s flagship CubePro(R) 3D printers. This engineering-grade performance material was developed for CubePro , bringing strength, flexibility and unparalleled durability to desktop production of functional parts for design, testing and small-scale manufacturing. Engineered with a blend that comprises Nylon 6 and compatible with InfinityTM Rinse-Away water-soluble support material, Nylon for CubePro saves valuable design and process time and enables 3D printing of complex, articulated and fully assembled end-use parts.
Nylon for Cube Pro is delivered in a new Smart Cartridge that is equipped with a hydroscopic seal extending the material’s shelf life for up to 12 months. Nylon cartridges are priced at $149 each, and are accessible right away on Cubify and through select distributors. Combining Nylon with InfinityTM Rinse-Away support inside the CubePro’s climate controlled chamber delivers the highest quality professional desktop 3D printing output every time.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The companys 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
Cheetah Mobile Inc (ADR) (NYSE:CMCM), ended its Thursday’s trading session with -1.05% loss, and closed at $18.92.
Cheetah Mobile Inc. (CMCM) declared its unaudited financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Financial Highlights
- Overseas revenues[1] raised by 1,832.0% year-over-year and 68.3% quarter-over-quarter to RMB431.4 million (US$69.6 million), which was driven by a noteworthy ramp-up in mobile advertising revenues in overseas markets. Overseas revenues accounted for 50% of total revenues and 77% of mobile revenues.
- Mobile revenues[2] raised by 634.0% year-over-year and 52.3% quarter-over-quarter to RMB559.6 million (US$90.3 million), which was primarily driven by a noteworthy growth in mobile advertising revenues in both the overseas and domestic markets. Mobile revenues accounted for 64% of total revenues.
- Total revenuesraised by 128.9% year-over-year and 29.5% quarter-over-quarter to RMB870.5 million (US$140.4 million).
Cheetah Mobile Inc. operates a platform that offer mobile and PC applications for users and global content distribution channels for business partners in China. The company’s suite of applications optimizes mobile and PC Internet system performance and provides real time protection against known and unknown security threats. Its mobile and PC applications for users comprise Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; CM Security, an anti-virus and security application for mobile devices; Battery Doctor, a power optimization tool for mobile devices; Cheetah Browser, a safe Web browser for PCs and mobile devices; and CM Launcher, which is a secure launcher that offers acceleration, secure protection, and stylish wallpapers, in addition to automatically organizes mobile phones based on personal behavior; Photo Grid, a photo collage application that allows users to create professional looking collages of photos through an intuitive interface for mobile devices; and Duba Anti-virus, an Internet security application for PC and mobile devices.
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