On Wednesday, Red Hat Inc (NYSE:RHT)’s shares inclined 1.34% to $78.41.
Red Hat Inc (RHT) declared that visionary thought leaders from Cisco, Dell, IBM, Intel and SAP will be featured speakers at Red Hat Summit 2015 in Boston, June 23 - 26. Top executives from each company will deliver keynotes and provide Red Hat Summit attendees with unique perspectives on some of the hottest topics in enterprise technology.
Red Hat Summit 2015 is the world’s premier open source software conference, featuring more than 200 technical sessions and labs that provide attendees with hands-on training and information on innovative technologies. This year’s sessions will focus on a wide range of topics, counting cloud computing, Linux containers, the Internet of Things, mobile, storage, big data and more.
Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products comprise Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Enterprise Virtualization, which comprises standalone virtualization functionality and administration tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware for developing, deploying, and managing applications, in addition to integrating applications, data and devices, and automating business processes.
Intuit Inc. (NASDAQ:INTU)’s shares gained 2.71% to $107.48.
Intuit Inc. (INTU) s coming to Atlanta to assist arm small businesses, counting entrepreneurs and self-employed workers, accountants and developers with the tools and resources they need to succeed. As part of Intuit’s commitment to small business success, QuickBooks Connect Atlanta will be held at 200 Peachtree on Thursday, June 25, 2015, and is designed to inspire, educate and connect the Atlanta business community. This one-day conference, comprising of two half-day sessions and a special event for self-employed workers, is bringing together all types of small businesses under one roof, assisting to propel their businesses forward.
QuickBooks won’t be alone – the company is coming to The Big Peach with mobile payment and shopping platform partners Square and Big commerce, converging on the city’s eclectic small business hub to bring great value to attendees. Small businesses will get hands-on advice from senior Intuit executives, in addition to Apprentice winner Bill Rancic, technology entrepreneur Jason Nazar and USA Recently small business columnist Rhonda Abrams.
Intuit Inc. provides business and financial administration solutions for small businesses, consumers, and accounting professionals in the United States, Canada, the United Kingdom, Australia, India, and Singapore. The company’s Small Business segment provides QuickBooks financial and business administration online services and desktop software; QuickBooks technical support services; financial supplies; and small business payroll products and services.
At the end of Wednesday’s trade, Lockheed Martin Corporation (NYSE:LMT)‘s shares dipped -0.05% to $189.25.
The U.S. Air Force’s newest infrared surveillance and missile warning satellites will be based on Lockheed Martin’s (LMT) modernized A2100 spacecraft, an update that improves system affordability and resiliency while also adding the flexibility to use future payloads. The fifth and sixth Space Based Infrared System (SBIRS) Geosynchronous Earth Orbit (GEO) satellites will receive this advanced spacecraft technology at no additional cost to the existing fixed-price contract.
The SBIRS program is responsible for America’s early missile warning and infrared surveillance missions, which are crucial to global security.
In response to the Department of Defense’s need for more affordable and resilient systems, the Air Force and Lockheed Martin worked to add the A2100 bus update to the 2014 SBIRS block-buy contract, which already saved the Air Force more than $1 billion. The modernized A2100 adds further affordability by using common components, streamlined manufacturing and has a flexible design that reduces the cost to incorporate future, modernized sensor suites.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides administration, engineering, technical, scientific, logistics, and information services. Its Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.
Box Inc (NYSE:BOX), ended its Wednesday’s trading session with 5.32% gain, and closed at $17.82.
Box Inc (BOX) declared financial results for the first quarter of fiscal 2016, which ended April 30, 2015
Fiscal First Quarter Financial Highlights
- Revenue for the first quarter of fiscal 2016 was $65.6 million, an enhance of 45% from the first quarter of fiscal 2015.
- Billings in the first quarter of fiscal 2016 were $69.8 million, an enhance of 58% from the first quarter of fiscal 2015.
- Non-GAAP operating loss in the first quarter of fiscal 2016 was $32.6 million, or 50% of revenue. This compares to non-GAAP operating loss of $31.3 million, or 69% of revenue, in the first quarter of fiscal 2015. GAAP operating loss in the first quarter of fiscal 2016 was $46.6 million, or 71% of revenue. This compares to GAAP operating loss of $37.8 million, or 83% of revenue, in the first quarter of fiscal 2015.
- Non-GAAP net loss per share attributable to common stockholders, basic and diluted, in the first quarter of fiscal 2016 was $0.28 on 119.4 million shares outstanding, contrast to a net loss per share of $2.32 in the first quarter of fiscal 2015 on 13.7 million shares outstanding. GAAP net loss per share attributable to common stockholders, basic and diluted, in the first quarter of fiscal 2016 was $0.40, contrast to a net loss per share of $2.81 in the first quarter of fiscal 2015.
Box, Inc. provides a cloud-based enterprise content partnership platform that enables organizations of various sizes to access, store, share, and manage their content/information. Its solutions comprise FTP alternative to keep content organized, share files, and manage content access; document administration; an executive boardroom for simplified meeting administration, security and control, and secure mobile access; project administration; a virtual data room; marketing asset administration; a sales portal; secure enterprise mobility; and business applications for enterprise-readiness.
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.
