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Maker of connectivity and sensor solutions $TEL posted 1Q16 net income of $353MM or $0.91 per diluted share vs. $472MM and $1.14 per diluted share in 1Q15. Earnings fell 25% due to the US dollar impacting revenue and weakness in industrial markets along with soft demand in China. The company's adjusted EPS was $0.84, down 6% vs. 1Q15.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.