$XOM's cash at the end of 3Q15 was $4.3Bil while debt was $34.3Bil. On avg. $XOM expects corporate and financing expenses to be $500-700MM per quarter in the near term. YTD, a net reduction of $8Bil has been achieved in capital and cash operating costs.
$IRM still expects 2017 revenue growth of 8-10% on constant dollar basis, to $3.75-3.84Bil, adjusted EBITDA growth of 16-19% to $1.25-1.28Bil and adjusted FFO growth of 8-15% to $715-760MM. The company still predicts adjusted EPS of $1.15-1.25, which reflects a 8-18% growth year-over-year.
$IRM posted normalized funds from operations per share of $0.48, compared with $0.53 in the previous year quarter. FFO per share reflects a structural tax rate of 23.1% compared with a structural tax rate of 14% in 1Q16. The company reported adjusted FFO of $170.94MM during the quarter compared with $167.57MM in 1Q16.
$IRM reported a 7.4% decline in 1Q17 earnings due to higher interest expenses as well as a rise in depreciation and amortization expenses from Recall acquisition. Net income fell to $58.13MM or $0.22 per share from $62.77MM or $0.30 per share last year. Revenue grew 25.1% to $938.88MM. Adjusted EPS decreased to $0.24 from $0.33.
$XLNX said that it's too early to predict the revenue from $AMZN's partnership. The company said that it is unlikely to impact the next 18 months in a significant way. By 2020, if this goes well, the market could be larger, $XLNX said.