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Broadband services provider $VSAT reported a decrease in 1Q17 earnings hurt by higher expenses. Net income was $1.9MM or $0.04 per share in 1Q17 compared to $2.6MM or $0.05 per share in 1Q16. Adjusted net income was $11.3MM or $0.23 per share in 1Q17. Revenues grew 5.4% to $363.1MM compared to last year.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.