On Friday, Knowles Corp (NYSE:KN)’s shares declined -5.46% to $20.08.
Knowles Corp (KN) declared results for the first quarter ended March 31, 2015.
Jeffrey Niew, President and CEO of Knowles stated that their Q1 revenue and earnings were above the mid-point of our preceding expectations. Revenue in their mobile consumer segment was better than anticipated as they resumed shipments of microphones to a key customer platform earlier than planned. They also practiced stronger than predictable speaker and receiver sales. Sales for specialty components were lower than projected primarily due to softer than predictable demand in the wireless infrastructure market.
Knowles Corporation designs, manufactures, and sells products and components to the mobile communications, consumer electronics, and medical technology, and telecommunications infrastructure, military, aerospace, and industrial markets worldwide.
Cabelas Inc (NYSE:CAB)’s shares dropped -5.46% to $54.16.
Cabelas Inc (CAB) declared that the variable funding facility with Wells Fargo Bank, National Association has been extended through March 2018. In addition, the commitment under the variable funding facility has been raised from $225 million to $300 million. The variable funding facility relates to an outstanding series of variable funding notes issued by Cabela’s Credit Card Master Note Trust.
Cabela’s Incorporated, together with its auxiliaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company operates through three segments: Retail, Direct, and Financial Services. The Retail segment sells products and services through its retail stores.
At the end of Friday’s trade, Penn Virginia Corporation (NYSE:PVA)‘s shares dipped -4.85% to $6.67.
Penn Virginia Corporation (PVA) declared that it will release its first quarter 2015 results after the market closes on Monday, May 11, 2015, and hold a symposium call / webcast on Tuesday, May 12, 2015, at 10:00 a.m. ET.
The full text of the first quarter earnings release and a link to the webcast will be accessible at PVA’s website and through other electronic business news services. You can take part in the conference call by phone or via the Internet.
Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States.
Sphere 3D Corp. (NASDAQ:ANY), ended its Friday’s trading session with -4.45% loss, and closed at $4.08.
Sphere 3D Corp. (ANY) declared that in partnership with Microsoft, the company will showcase its technologies and product solutions during a joint global partner road show that will be hosted at multiple Microsoft Technology Center (MTCs) locations. During these events, Sphere 3D will present its cloud-enabling technologies, counting Glassware 2.0 Windows container technology for application delivery, and virtualized storage technologies for enterprise hybrid cloud infrastructure, to a combined audience of Microsoft and Sphere 3D channel partners.
Sphere 3D and Microsoft have confirmed the plan for the events at the Microsoft Technology Center in Silicon Valley/Mt. View, CA on May 20, 2015, and in New York on May 27, 2015. Dates for the events in London and Toronto will be declared shortly.
Sphere 3D Corp. provides virtualization technology and data administration solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It enables the integration of virtual applications, virtual desktops, and storage into workflow; and allows organizations to deploy a combination of public, private, or hybrid cloud strategies.
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