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During FY16, software company $ADSK's net revenue decreased slightly as compared to FY15, gross profit decreased 2% and income from operations decreased 99%. Contributing to the YoverY decrease in income from operations during FY16 was an increase in both Opex and cost of revenue and a decrease in license and other revenue.
$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.