On Thursday, Shares of O’Reilly Automotive Inc. (NASDAQ:ORLY), gained 5.37% to $228.31, hitting its highest level.
O’Reilly Automotive, declared record revenues and earnings for its first quarter ended March 31, 2015.
1st Quarter Financial Results
Sales for the first quarter ended March 31, 2015, raised $174 million, or 10%, to $1.90 billion from $1.73 billion for the same period one year ago. Gross profit for the first quarter raised to $987 million (or 51.9% of sales) from $878 million (or 50.8% of sales) for the same period one year ago, representing an enhance of 12%. Selling, general and administrative expenses for the first quarter raised to $637 million (or 33.5% of sales) from $591 million (or 34.2% of sales) for the same period one year ago, representing an enhance of 8%. Operating income for the first quarter raised to $350 million (or 18.4% of sales) from $287 million (or 16.6% of sales) for the same period one year ago, representing an enhance of 22%.
Net income for the first quarter ended March 31, 2015, raised $39 million, or 22%, to $213 million (or 11.2% of sales) from $174 million (or 10.1% of sales) for the same period one year ago. Diluted earnings per common share for the first quarter raised 28% to $2.06 on 103 million shares as compared to $1.61 for the same period one year ago on 108 million shares.
Share Repurchase Program
During the first quarter ended March 31, 2015, the Company repurchased 0.6 million shares of its common stock, at an average price per share of $207.50, for a total investment of $135 million. Subsequent to the end of the first quarter and through the date of this release, the Company repurchased an additional 0.3 million shares of its common stock, at an average price per share of $216.85, for a total investment of $75 million. The Company has repurchased a total of 47.3 million shares of its common stock under its share repurchase program since the inception of the program in January of 2011 and through the date of this release, at an average price of $93.58, for a total aggregate investment of $4.43 billion. As of the date of this release, the Company had about $570 million remaining under its current share repurchase authorizations.
O’Reilly Automotive, Inc., together with its auxiliaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States.
Shares of Nuance Communications, Inc. (NASDAQ:NUAN), gained 4.98% to $14.97, during its last trading session.
Nuance Communications, declared that the Company will release results for its second quarter ended March 31, 2015, after the market close on Thursday, May 7, 2015.
Nuance will provide a copy of prepared conference call remarks in combination with its press release. This process and these remarks are offered to provide shareholders and analysts additional time and detail for analyzing Nuance’s results.
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. It offers hosted and on-premise solutions and services that provide platforms to generate and distribute clinical documentation through the use of dictation and transcription features.
At the end of Thursday’s trade, Shares of Teck Resources Limited (NYSE:TCK), gained 4.90% to $13.50.
Teck Resources, declared, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Wednesday April 22, 2015 in Vancouver, British Columbia.
A total of 7,987,190 Class A common shares and 391,208,879 Class B subordinate voting shares were voted at the meeting, representing 79.20% of the votes attached to all outstanding shares.
Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, Europe, and Africa. Its principal products comprise copper, counting copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates.
Finally, RMG Networks Holding Corporation (NASDAQ:RMGN), ended its last trade with 4.83% gain, and closed at $1.52.
RMG Networks, declared the introduction of its new Labor Productivity Improvement solution for supply chain warehouses and distribution centers that is designed to improve supply chain efficiency by up to 20 percent.
The Labor Productivity Improvement tool meets the needs of supply chain administration who are constantly challenged to enhance their facilities profitability by either increasing output without adding costs or maintaining output while utilizing less labor costs. RMG’s Labor Productivity Improvement tool provides real-time, highly visible metrics and data that enable employees to see how they are performing against aims, when they can adjust their behavior / production and maximize productivity / profitability.
With RMG’s Labor Productivity tool, supply chain operators can instantly transmit real-time metrics (e.g., picking and packing rates by team or individual members; rankings; actual as compared to aim performance) via “scoreboards” on large displays and desktop dashboards to employees on the manufacturing or warehouse floor, enabling them to better make informed decisions on a moment-by-moment basis. The data also can be pushed to mobile devices, enabling administration to monitor activity from any location or through preset threshold alert notifications.
RMG Networks Holding Corporation provides enterprise-class digital signage solutions and media applications. It offers a suite of products, counting media services, proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, technical services, and third-party displays.
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