On Wednesday, Shares of Xoom Corporation (NASDAQ:XOOM), gained 8.68% to $17.78.
Xoom Corporation, declared financial results for the first quarter of 2015.
- Revenue for the first quarter was $44.4 million, an enhance of 24% from the first quarter of 2014.
- Gross profit for the first quarter was $32.4 million, an enhance of 23% from the first quarter of 2014.
- GAAP net loss for the first quarter was $1.3 million, or a loss of $0.03 per diluted share, contrast to net income of $0.4 million, or $0.01 per diluted share, for the first quarter of 2014.
- Adjusted EBITDA for the first quarter was $3.7 million, contrast to $3.5 million for the first quarter of 2014.
- Non-GAAP net income per diluted share for the first quarter was $0.05, contrast to net income of $0.06 per diluted share for the first quarter of 2014.
- Cash, cash equivalents, disbursement prefunding and short-term investments were $240.5 million as of March 31, 2015, contrast to $250.2 million as of December 31, 2014.
- Outstanding amount due under the line of credit was $15.0 million as of March 31, 2015, contrast to $28.0 million as of December 31, 2014.
Xoom Corporation provides digital consumer-to-consumer online money transfers services worldwide. The company offers money transfer services over the Internet or through a mobile device on its Website at xoom.com, or through its mobile application, the Xoom App.
At the end of Wednesday’s trade, Shares of Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT), jumped 8.33% to $87.53, hitting its highest level.
Starwood Hotels & Resorts, declared that its Board of Directors has determined to explore a full range of planned and financial alternatives to enhance shareholder value, and has retained Lazard to assist in the process.
The Board is in the starting stage of the planned and financial review, and no assurance can be given as to its outcome or timing. The Company does not intend to make any further public comment regarding the review until it has been accomplished.
Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names.
BGC Partners, Inc. (NASDAQ:BGCP), ended its last trade with 6.33% gain, and closed at $10.24, hitting its highest level.
BGC Partners, and real estate markets, and the Company’s majority-owned division, GFI Group Inc. (GFIG), stated financial results for the quarter ended March 31, 2015.
BGC Partners, Inc. operates as a brokerage company in the United Kingdom, the United States, and internationally. It operates in two segments, Financial Services and Real Estate Services.
Finally, Aspen Technology, Inc. (NASDAQ:AZPN), closed at $44.17, with 6.31% gain.
Aspen Technology, declared the retirement of Mark Sullivan, the company’s Executive Vice President and Chief Financial Officer, effective September 30, 2015. The company will conduct a formal search process for a new CFO. Mr. Sullivan remains CFO and will continue with the company through his retirement date to ensure a smooth transition process.
Sullivan has been with AspenTech since 2009 after spending more than 20 years in financial administration and executive leadership roles.
Aspen Technology, Inc. provides software and services to the process industries worldwide. The company operates in two segments, Subscription and Software, and Services. It develops software that optimizes the design and operation of process manufacturing plants, and the administration of supply chains of energy and chemical companies.
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