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Information technology company $SAIC reported that its 1Q17 earnings of $33MM was consistent with last year, primarily due to increased operating income offset by increased interest expense on incremental term loan borrowings related to Scitor acquisition. EPS rose to $0.71 from $0.69, due to a decrease in weighted-average shares outstanding.
$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.