Shares of Microsoft Corporation (NASDAQ:MSFT) ended Thursday session in red amid volatile trading. The shares closed down -0.23 points or -0.40% at $57.43 with 20.15 million shares getting traded. Post opening the session at $57.63, the shares hit an intraday low of $57.18 and an intraday high of $57.79 and the price vacillated in this range throughout the day. The company has a market cap of $447.91 billion and the numbers of outstanding shares have been calculated to be 7.79 billion shares.
On Sep 7, 2016 SPYRUS, Inc. announced the integration of its secure USB 3.0 drive family with the Microsoft ( NASDAQ : MSFT ) Surface Pro 3 and 4 series of ultra-compact mobile tablets. The family includes Microsoft certified WorkSafe Pro, WorkSafe, Secure Portable Workplace, and Portable Workplace live drives, and P-3X secure data storage drives. The secure USB 3.0 drive family has been certified to NIST 140-2 Level 3 and merges accredited information security with MIL-810 tested packaging providing an unprecedented selection of capabilities and features in sizes from 32 GB through 512 GB with 1 TB soon to be released. A brief video showing the ease of use with Surface Pro 4 is highlighted on the SPYRUS website at http://www.spyrus.com/windows-to-go-live-drives and http://www.spyrus.com/encrypting-usb-storage/.
“SPYRUS is currently the only manufacturer of hardware encrypted Windows To Go products that have successfully integrated support with the Microsoft Surface Pro family of tablets. The unique feature set, to include provisioning support to boot the Windows To Go in UEFI Secure Boot mode, in conjunction with FIPS 140-2 Level 3 certification sets a new standard for security features and performance,” said Tom Dickens, SPYRUS COO. “Use cases for these smart drives also dovetail perfectly with the rapidly emerging requirements for collaboration, secure data storage, secure mobile computing, and secure devices with auditable cybersecurity.”
Shares of Zynga Inc (NASDAQ:ZNGA) ended Thursday session in green amid volatile trading. The shares closed up +0.09 points or 3.26% at $2.85 with 26.85 million shares getting traded. Post opening the session at $2.74, the shares hit an intraday low of $2.71 and an intraday high of $2.89 and the price vacillated in this range throughout the day. The company has a market cap of $2.50 billion and the numbers of outstanding shares have been calculated to be 764.83 million shares.
Zynga Inc (ZNGA) on Aug. 04, 2016 announced financial results for the second quarter ended June 30, 2016.
- GAAP revenue of $182 million and GAAP net loss of $4 million
- Bookings of $175 million; above the high end of the guidance range, flat year-over-year and down 4% sequentially
- Adjusted EBITDA of $12 million; above the guidance range
- $868 million in cash, cash equivalents and marketable securities
- GAAP operating expenses of $132 million, down 15%, quarter-over-quarter
- Non-GAAP operating expenses of $118 million; down 5% quarter-over-quarter, driven by a 14% reduction in marketing expenses
“We are continuing to make great progress in our turnaround. Our Q2 bookings and Adjusted EBITDA were both above the high end of our guidance range, with bookings at $175 million and Adjusted EBITDA at $12 million. In Q2, we launched 4 new games, including the successful release of NaturalMotion’s highly anticipated CSR2. Our top live services saw growth, with Words With Friends, Social Slots and Zynga Poker delivering strong results this quarter. We are tightening our operating model and improving our cost management as we do more with less, particularly in marketing. While we have more work to do in our turnaround, I am encouraged to see the momentum we feel in our products and company show up in our results,” said Frank Gibeau, CEO of Zynga.