Fitbit Inc. (NYSE:FIT) shares dropped 14 percent the day after the maker of wearable fitness trackers posted narrower margins in its first earnings report following an initial public offering.Second-quarter gross margin, a measure of profitability, narrowed to 47 percent in the second quarter from 51 percent a year earlier. Revenue more than tripled to $400.4 million, and profit before certain items was 21 cents a share, San Francisco-based Fitbit said Wednesday in a statement. Analysts on average projected sales of $319 million and profit of 8 cents, according to data compiled by Bloomberg. Fitbit Inc. (NYSE:FIT) belongs to Technology sector. Its net profit margin is 5.80% and weekly performance is -1.31%. On last trading day company shares ended up $44.60. Fitbit Inc. (NYSE:FIT) distance from 50-day simple moving average (SMA50) is 4.88%.
Natural Resource Partners L.P. (NYSE: NRP) reported second quarter 2015 revenues and other income of $137.6 million compared to $90.6 million for 2014. Net income attributable to the limited partners for the second quarter of 2015 was $30.7 million, or $0.25 per unit, versus $30.8 million, or $0.28 per unit, for 2014. Results for both years included non-cash charges for impairments of certain assets. Natural Resource Partners LP (NYSE:NRP) shares moved up 22.22% in last trading session and ended the day at $2.75. NRP Gross Margin is 98.50% and its return on assets is 4.20%. Natural Resource Partners LP (NYSE:NRP) quarterly performance is -41.30%.
Amerisafe, Inc. (NASDAQ:AMSF) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, September 11th will be paid a dividend of 0.15 per share on Friday, September 25th. This represents a $0.60 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Wednesday, September 9th. On 06 August, Amerisafe, Inc. (NASDAQ:AMSF) shares fell -1.57% and was closed at $49.45. AMSF EPS growth in last 5 year was 3.30%. Amerisafe, Inc. (NASDAQ:AMSF) year to date (YTD) performance is 17.59%.
On July 24, First Federal of Northern Michigan Bancorp, Inc. (Nasdaq: FFNM) reported consolidated net income of $380,000, or $0.10 per basic and diluted share, for the quarter ended June 30, 2015 compared to $94,000, or $0.03 per basic and diluted share, for the quarter ended June 30, 2014.First Federal of Northern Michigan Bancorp, Inc. (NASDAQ:FFNM) ended the last trading day at $6.25. Company weekly volatility is calculated as 2.39% and price to cash ratio as 0.76. First Federal of Northern Michigan Bancorp, Inc. (NASDAQ:FFNM) showed a weekly performance of -0.79%.