Demand Media Inc (NYSE:DMD) 3Q2014 revenues declined 18.6% to $41.31 million from a year ago. The adjusted EBITDA declined 40% to $8.1 million compared to a year ago. The traffic decline in paid-to-click ad revenues resulted in a fall in EBITDA. The results included $232 million of non-cash goodwill impairment charges. Demand Media operates in two key segments Marketplaces, and Content and Media. Its revenue from content and media segment declined 26% compared to a year ago, and the revenue from Marketplaces rose 38% YOY. Impair goodwill charges are justified as the market capitalization of Demand Media is significantly lower than the book value of its net assets.
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Unilife Corp (NASDAQ:UNIS) posted revenues of $1.4 million in 1Q2015 compared to $3.2 million a year ago. The net loss came at $22.3 million compared to minus $11.2 million a year ago. The net cash used by Unilife in operating activities in 1Q2015 stands at $13.1 million, up 39% from a year ago. The total cash and equivalents at end of 1Q2015 came at $6.3 million. Alan Shortall, the CEO of Unilife, said that the current fiscal year is going to be a year of rapid growth in customers, production capabilities, and revenue and supply agreements. The revenues can see a boost in the form of higher customization fees, enhanced commercial sales and upfront payments from several customers.
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American Science & Engineering, Inc. (NASDAQ:ASEI) posted revenues of $23.1 million in 2Q2015 compared to $43.8 million a year ago. The net loss came at $3.9 million compared to the net income of $4.7 million in 2Q2014. American Science said the bookings in 2Q2105 stands at $18.2 million. It also announced quarterly dividend payout of $0.50 per share. American Science said that it would be payable on December 2, 2014 for record date of November 25, 2014.
