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In 2Q17, $SMTC's GAAP OpEx was about flat with 1Q17. Cash flow from operations was about $32MM or 23% of revenue, and company ended the quarter with $239MM of cash and investments. Debt balance is about $248MM and the balance on outstanding stock repurchase authorization was about $62.3MM.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?