On Tuesday, Nationstar Mortgage Holdings Inc (NYSE:NSM)’s shares declined -25.45% to $19.51.
Nationstar Mortgage Holdings Inc (NSM) reported financial results for its first quarter ended March 31, 2015.
Nationstar stated a quarterly net loss of $48 million, or $(0.53) per share, for the first quarter, contrast to net income of $19 million, or $0.21 per share, in the fourth quarter 2014. GAAP EPS reduced sequentially principally due to a $110 million, or $0.77 per share, non-cash decrease in fair value mark-to-market adjustments in the servicing segment and a $17 million non-cash, or $0.12 per share, quarterly enhance in amortization partially offset by an enhance in earnings from the originations business.
Nationstar Mortgage Holdings Inc. provides servicing, origination, and transaction based services to single-family residences in the United States. It operates in three segments: Servicing, Originations, and Solutionstar.
Cytori Therapeutics Inc (NASDAQ:CYTX)’s shares dropped -21.11% to $0.710.
Cytori Therapeutics Inc (CYTX) will provide a live webcast of its first quarter financial results and business update on Monday, May 11, 2015, at 5:30 PM Eastern Time.
Cytori Therapeutics, Inc., a biotechnology company, develops cell therapeutics for specific diseases and medical conditions. The company primarily provides Cytori Cell Therapy compriseing of a heterogeneous population of specialized cells, counting stem cells for the treatment of patients with scleroderma hand dysfunction, orthopedic disorders, cardiovascular disease, urinary incontinence, and thermal burns combined with radiation injury.
At the end of Tuesday’s trade, On Deck Capital Inc (NYSE:ONDK)‘s shares dipped -15.53% to $16.91.
On Deck Capital Inc (ONDK) declared it has expanded its small business lending services in Canada. Since 2007, OnDeck has delivered over $2 billion (USD) to American small businesses in more than 700 industries and has been lending in Canada since 2014. As part of the expansion, OnDeck will now offer loans up to $150,000 (CAD) to Canada’s about 1.1 million small businesses. OnDeck chose Canada as the first country to lend to outside the United States, launching the company’s planned initiative to meet the financing needs of small businesses in select international markets.
On Deck Capital, Inc. provides financing products to small businesses in the United States. It offers fixed term loans and revolving line of credit.
Kulicke and Soffa Industries Inc. (NASDAQ:KLIC), ended its Tuesday’s trading session with -13.16% loss, and closed at $13.53.
Kulicke and Soffa Industries Inc. (KLIC) declared results for its second fiscal quarter ended March 28, 2015.
Second Quarter Fiscal 2015 Key Product Trends
- Ball bonder equipment net revenue raised 35.9% over the December quarter.
- 7% of ball bonder equipment was sold as copper capable.
- Wedge bonder equipment net revenue reduced by 15.3% over the December quarter.
Second Quarter Fiscal 2015 Financial Highlights
- Net revenue of $145.2 million.
- Gross margin of 47.2%.
- Net income of $7.9 million or $0.10 per share.
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices, counting integrated circuits, discrete devices, light-emitting diodes (LED), and power modules. It operates in two segments, Equipment and Expendable Tools.
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