How SeaWorld, Stratasys, Teva, and More Performed During the June Quarter

Teva Delivers Solid Results

Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) bulls are having a good day after the generics giant beat both top- and bottom-line estimates with its second quarter results. For the three months ended June 30, Teva’s earnings clocked in at $1.25 per share, or $0.05 per share ahead of estimates, while the company’s revenue totaled $5.04 billion, up by 1.4% year-over-year and $170 million higher than expectations. Full-year guidance was strong also, as management expects adjusted EPS of $5.20-to-$5.40 on revenue of $22.0 billion-to-$22.5 billion. That gives Teva a price-to-2016-adjusted-EPS ratio of around 10.0. Andreas Halvorsen‘s Viking Global was a top shareholder of Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) at the end of March, owning almost 33 million shares.

InterOil Reports Earnings

Although its earnings are a moot point given the company’s pending acquisition, InterOil Corporation (USA) (NYSE:IOC) is nevertheless in the spotlight after reporting a second quarter loss of $1.16 per share, missing estimates by a whooping $0.89 per share. Total equity attributable to shareholders of InterOil amounted to $741.65 million at the end of June. Ten funds that we track owned shares of InterOil Corporation (USA) (NYSE:IOC) at the end of March, down by three quarter-over-quarter.

Gogo’s Net Income Outpaces Estimates

Gogo Inc (NASDAQ:GOGO) shares have surged by almost 12% today after the company reported a second quarter loss of $0.31 per share, or $0.09 per share better than analysts’ consensus estimate. Revenue for the quarter was $147.54 million, up by 21.7% year-over-year and $6.08 million higher than the top-line consensus target. Management expects full year EBITDA of $55 million-to-$65 million on revenue of $575 million-to-$595 million. Those ranges firmly encapsulate analysts’ estimates of $59.7 million and $591 million, respectively. 16 funds in our database owned shares of Gogo Inc (NASDAQ:GOGO) as of March 31.

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