On Friday, Shares of Align Technology Inc. (NASDAQ:ALGN), gained 5.66% to $59.18.
Align Technology, stated financial results for the first quarter ended March 31, 2015. Revenues for the first quarter of 2015 (Q1’15) were $198.1 million, a 9.7% enhance year-over-year from $180.6 million in the first quarter of 2014 (Q1’14). Clear Aligner case shipments in Q1’15 were 130.8 thousand, a 16.6% enhance year-over-year from 112.2 thousand in Q1’14. Net profit for Q1’15 was $36.2 million, or $0.44 per diluted share, contrast to $32.4 million, or $0.39 per diluted share in Q1’14. Q1’15 operating income comprised of a one-time benefit of $6.8 million from a refund of Medical Device Excise Taxes paid in 2013, contributing $0.06 per diluted share, net of tax.
Align Technology, Inc. designs, manufactures, and markets a system of clear aligner therapy, intra-oral scanners, and computer-aided design and computer-aided manufacturing (CAD/CAM) services for use in dentistry, orthodontics, and dental records storage in the United States and internationally.
Shares of Qlik Technologies, Inc. (NASDAQ:QLIK), surged 4.90% to $35.30, during its last trading session.
Qlik Technologies, declared financial results for the first quarter ended March 31, 2015.
Financial Highlights for the First Quarter Ended March 31, 2015
- Total revenue for the first quarter of 2015 was $120.3 million, an enhance of 8% from $111.1 million for the first quarter of 2014. On a constant currency basis, total revenue raised 23% as contrast to the first quarter of 2014. License revenue for the first quarter of 2015 was $54.8 million, an enhance of 2% from $53.9 million for the first quarter of 2014. On a constant currency basis, license revenue raised 16% as contrast to the first quarter of 2014.
- GAAP loss from operations for the first quarter of 2015 was ($24.1) million, contrast to a GAAP loss from operations of ($23.5) million for the first quarter of 2014. GAAP net loss was ($30.3) million for the first quarter of 2015, or ($0.33) per diluted common share, contrast to a GAAP net loss of ($25.9) million, or ($0.29) per diluted common share, for the first quarter of 2014.
- Non-GAAP loss from operations was ($13.5) million for the first quarter of 2015, contrast to a non-GAAP loss from operations of ($14.5) million for the first quarter of 2014. Non-GAAP net loss was ($8.5) million for the first quarter of 2015, or ($0.09) per diluted common share, contrast to a non-GAAP net loss of ($10.4) million, or ($0.12) per diluted common share, for the first quarter of 2014.
- Cash and cash equivalents as of March 31, 2015 were $281.1 million contrast to $244.0 million at December 31, 2014. Net cash offered by operating activities was $36.0 million for the first quarter of 2015, as contrast to $19.4 million for the first quarter of 2014.
Qlik Technologies Inc. provides user-driven business intelligence solutions that enable customers to make business decisions. The company develops, commercializes, and implements software products and related services.
At the end of Friday’s trade, Shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN), jumped 4.89% to $54.03.
Dunkin Brands Group, climbed Friday, following the release of the company’s second quarter earnings results before the opening bell yesterday.
The company’s shares climbed about 8% yesterday to close at $51.51 after the company stated second quarter revenue at its established stores rose 2.7% over the same period last year while its net profit rose 12% to $25.6 million, or 40 cents per adjusted share. Overall revenue for the period raised 8% to $186 million.
Analysts on average were expecting the company to report earnings of 36 cents per share on revenue of $181.6 million.
Dunkin Brands Group, Inc., together with its auxiliaries, develops, franchises, and licenses quick service restaurants under the Dunkin Donuts and Baskin-Robbins brands worldwide. The company operates through four segments: Dunkin’ Donuts U.S., Dunkin’ Donuts International, Baskin-Robbins U.S., and Baskin-Robbins International.
Finally, InterCloud Systems, Inc. (NASDAQ:ICLD), ended its last trade with 4.85% gain, and closed at $1.73.
InterCloud Systems, declared that it was recently awarded over $1.9M in new professional services contracts.
“We continue to see an enhance in our sales backlog and an enhance in large scale opportunities in our sales pipeline. Our sales and engineering teams have utilized our competitive services offerings to continue to win new business across all reporting segments,” stated Mark Munro, CEO. “We look forward to capitalizing on these new market opportunities throughout 2015 and beyond.”
InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally. It operates through three segments: Applications and Infrastructure, Professional Services, and Cloud and Managed Services.
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.
