53,250 shares of what? Rotflmao.....
Amazing how's does one do this on a janitor income?
Get real! Do you really think anyone is buying into your insane world of lies? Crawl back under your rock fool!
This news is meant for those who have skin in the game, not for idiots like you who own 10 shares & post 100 times a day. LOl... Loser
In early June, the domestic pricing environment softened further, including for travel in the peak summer periods, due to competitor pricing actions," says Spirit Airlines (NASDAQ:SAVE) in an investor update. The company has cut its 2015 op. margin guidance to 21.5%-23%. Available seat miles (ASMs) are expected to rise 30.3% in 2015 to 21.3B.
Spirit: "Our revised full year 2015 operating margin guidance range below assumes an operating margin between 22.0 and 25.0 percent for third quarter and between 20.0 and 23.0 for fourth quarter. Our revised guidance range for 2015 cost per available seat mile excluding fuel ("CASM ex-fuel") assumes CASM ex-fuel will be down between 6.5 and 8.5 percent year over year in the third quarter and down between 4.0 and 6.0 percent in the fourth quarter."
In addition, Spirit notes June results were hurt by flight cancellations caused by adverse weather. "In our high utilization, low frequency, point-to-point network, severe irregular operations typically create a unique set of challenges; however, we believe the unusual number and location of storms in June exacerbated the operational difficulty and made this event unlike others."
Q2 op. margin is expected to be at 21%-21.5%, and ASMs at 5.21B (+30.1% Y/Y). $67.5M was spent to buy back 1M shares.
Ultradiscount carrier Spirit Airlines (SAVE) lowers its 2015 operating-margin forecast to 21.5%-23% from 24%-27% because of recent storms and weaker-than-expected demand. SAVE also increases its unit-cost guidance for 2Q and the full year, in part because of an estimated $20M hit from storms in June. SAVE says the weaker guidance is partly because rivals are cutting fares. "In early June, the domestic pricing environment softened further, including for travel in the peak summer periods, due to competitor pricing actions," SAVE says in a securities filing
CUPERTINO, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX), a world leader in storage solutions, today announced selected preliminary financial information for its fiscal fourth quarter of 2015, which ended on July 3, 2015.
Seagate expects to report revenue of approximately $2.9 billion and non-GAAP gross margin of approximately 27.0% for the fiscal fourth quarter 2015. These preliminary results compare to the Company’s previously forecasted range for fiscal fourth quarter of revenue of $3.2 to $3.3 billion and non-GAAP gross margin of approximately 28.5%. The difference was driven primarily by lower than expected intra-quarter demand. Non-GAAP operating expenses are expected to be approximately $530 million, below previously forecasted non-GAAP operating expenses of approximately $555 million.
Seagate expects to report unit shipments for the fiscal fourth quarter of approximately 45 million, maintaining approximately 40% market share and reflecting approximately 52 exabytes. Cash, cash equivalents, restricted cash and short term investments totaled approximately $2.5 billion at the end of the quarter.