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$CMTL posted lower earnings in 4Q16, hurt by higher expenses compared to 4Q15. Net income was $2.7MM or $0.14 per diluted share compared to $5.48MM or $0.34 per diluted share last year. Net sales were down from last year to $152.4MM. Adjusted EBITDA was $18.8MM in the quarter.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.