On Tuesday, Knowles Corp (NYSE:KN)’s shares declined -3.88% to $19.56.
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.
Pengrowth Energy Corp (USA) (NYSE:PGH)’s shares dropped -3.83% to $3.26.
Pengrowth Energy Corp (USA) (PGH) declared a realignment of its executive team with the departure recently of Marlon MacDougall, Chief Operating Officer to pursue other opportunities, and the retirement of James Causgrove, Senior VP Operations effective July 1, 2015.
Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids.
At the end of Tuesday’s trade, Allison Transmission Holdings Inc (NYSE:ALSN)‘s shares dipped -3.77% to $30.89.
Allison Transmission Holdings Inc (ALSN) stated net sales for the first quarter of $504 million, a 2 percent enhance from the same period in 2014. The enhance in net sales was principally driven by the continued recovery in the North America On-Highway end market, higher demand in the North America Off-Highway end market and price enhances on certain products partially offset by lower demand in other end markets.
Allison Transmission Holdings, Inc., together with its auxiliaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles.
SS and C Technologies Holdings Inc (NASDAQ:SSNC), ended its Tuesday’s trading session with -3.77% loss, and closed at $60.01.
SS and C Technologies Holdings Inc (SSNC) declared its financial results for the first quarter ended March 31, 2015.
Financial Highlights:
- Adjusted revenue (defined below) of $206.1 million in the first quarter 2015, representing an enhance of 10.9 percent from the first quarter 2014
- Adjusted diluted EPS (defined below) raised to $0.60 in the first quarter of 2015, representing an enhance of 7.1 percent
- Implemented $11.2 million of annual cost synergies at the DST Global Solutions business, realized $1.0 million in the first quarter.
SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services providers in North America, Europe, Asia, Australia, and Africa.
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