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Monday 31 August 2015
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Traders Alert: Great Basin Scientific Inc (NASDAQ:GBSN), Workday Inc (NYSE:WDAY), InterOil Corporation (USA) (NYSE:IOC)

On Thursday, Shares of Great Basin Scientific Inc (NASDAQ:GBSN), gained 13.37% to $0.380.

Great Basin Scientific has separated into its component parts of eight Series C Warrants and one share of Series E Convertible Preferred Stock. In connection with the separation of the Units, the Units were delisted from The NASDAQ Capital Market effective August 25, 2015.

The common stock of the Company (GBSN) will remain listed on The NASDAQ Capital Market and is unaffected by the delisting of the Units.

Great Basin Scientific, Inc., a molecular diagnostic testing company, doing business as Great Basin Corporation, develops and commercializes molecular diagnostic systems that are designed to test hospital-attained infections.

Shares of Workday Inc (NYSE:WDAY), inclined 4.03% to $75.32, during its last trading session.

Workday, declared results for the fiscal second quarter ended July 31, 2015.

  • Total revenues were $282.7 million, an enhance of 51% from the second quarter of fiscal 2015. Subscription revenues were $223.7 million, an enhance of 56% from the same period last year.
  • Operating loss was $67.6 million, or negative 23.9% of revenues, contrast to an operating loss of $61.8 million, or negative 33.1% of revenues, in the same period last year. Non-GAAP operating loss for the second quarter was $0.7 million, or negative 0.3% of revenues, contrast to a non-GAAP operating loss of $19.1 million last year, or negative 10.2% of revenues.1
  • Net loss per basic and diluted share was $0.37, contrast to a net loss per basic and diluted share of $0.38 in the second quarter of fiscal 2015.
  • Operating cash flows for the second quarter were $15.5 million and free cash flows were negative $10.3 million. For the trailing twelve months, operating cash flows were $198.9 million and free cash flows were $77.6 million.2
  • Cash, cash equivalents, and marketable securities were about $1.9 billion as of July 31, 2015. Unearned revenues were $683.1 million, a 42% enhance from last year.

Workday, Inc. provides enterprise cloud applications for finance and human resources in the United States and internationally. It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources.

Finally, InterOil Corporation (USA) (NYSE:IOC), ended its last trade with 0.22% gain, and closed at $34.38.

InterOil Corporation’s, analysis of the latest well test data from the Elk-Antelope gas field in Papua New Guinea supports a two-train liquefied natural gas project.

In announcing financial results for the second quarter to June 30, 2015, InterOil Chief Executive Dr Michael Hession said the Antelope-5 well had exceeded all previous Antelope well results.

“Our latest downhole pressure data from flow testing shows clear connectivity across the field — that is, we see no evidence of compartmentalization either laterally or vertically.

InterOil Corporation, an independent oil and gas company, engages in the exploration, appraisal, and development of hydrocarbon structures in Papua New Guinea. Its assets comprise the Elk, Antelope, Raptor, and Bobcat fields comprising exploration licenses covering an area of about 16,000 square kilometers located in the Gulf Province of Papua New Guinea.

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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.

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