On Thursday, Time Warner Inc (NYSE:TWX)’s shares inclined 0.20% to $88.49.
Time Warner Inc. (TWX) will report its 2015 second-quarter results on Wednesday, August 5, 2015, before the market opens. Senior management will host a conference call beginning at 10:30 a.m. ET to discuss the results.
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates about 165 channels in 200 countries. This segment also manages and operates various digital media properties primarily compriseing of Websites, counting bleacherreport.com, cartoonnetwork.com, CNN.com, CNNMoney.com, NBA.com, and NCAA.com; and licenses original programming to subscription-video-on-demand (SVOD) services, and its brands and characters for consumer products.
Adobe Systems Incorporated (NASDAQ:ADBE)’s shares dropped -0.24% to $80.75.
Adobe (ADBE) stated financial results for its second quarter fiscal year 2015 ended May 29, 2015.
Quarterly Financial Highlights
- Adobe achieved record quarterly revenue of $1.16 billion.
- Digital Media Annualized Recurring Revenue (“ARR”) grew to $2.35 billion exiting the quarter, driven by an enhance in Creative ARR of $230 million to $2.02 billion.
- Adobe Marketing Cloud achieved revenue of $327 million.
- Diluted earnings per share were $0.29 on a GAAP-basis, and $0.48 on a non-GAAP basis.
- Year-over-year, operating income grew 43 percent and net income grew 67 percent on a GAAP-basis; operating income grew 28 percent and net income grew 30 percent on a non-GAAP basis.
- Cash flow from operations was $471 million, and deferred revenue grew to an all-time high of $1.23 billion.
- The company repurchased about 2.6 million shares during the quarter, returning $200 million of cash to stockholders.
A reconciliation between GAAP and non-GAAP results is offered at the end of this press release and on Adobe’s website.
Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products.
At the end of Thursday’s trade, International Game Technology Ordinary Shares (NYSE:IGT)‘s shares dipped -0.69% to $17.36.
International Game Technology PLC (IGT) declared the release of its Notice of 2015 Annual General Meeting (“AGM”) and Annual Report for the period from July 11, 2014 to December 31, 2014 (the “UK Annual Report”) and offered updated information for the AGM, which will be held at the Landmark Hotel, 222 Marylebone Road, London, NW1 6JQ, England on July 28, 2015 at 12:00 p.m. British Summer Time (BST).
International Game Technology PLC operates and provides a range of services and technology products across lotteries, machine gaming, sports betting, and interactive gaming markets in North America, Asia, and Europe. It provides online lottery transaction processing systems; a suite of lottery-enabled point-of-sale terminals; supplies instant ticket games; and provides printing services, instant ticket marketing plans, graphic design, and programming, production, packaging, and shipping and delivery services.
Uranium Energy Corp. (NYSEMKT:UEC), ended its Thursday’s trading session with -5.41% loss, and closed at $1.40.
Uranium Energy Corp (UEC) declared it has received $3.08 million in cash proceeds from the sale of uranium from inventory. This sale was completed subsequent to the Company’s fiscal third quarter ended April 30, 2015 , and will be reported in the Company’s year-end results for the fiscal year ending July 31, 2015 . The sale price of $38.50 /lb. is 8.5% higher than the current spot price.
Uranium Energy Corp. engages in the exploration, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay. As of July 31, 2014, it had mineral rights in uranium projects located in the states of Arizona, Colorado, New Mexico, Texas, and Wyoming, in addition to in the Republic of Paraguay. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. Uranium Energy Corp. was incorporated in 2003 and is based in Corpus Christi, Texas.
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