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Data storage giant $STX reported 4Q16 net income of $70MM or $0.23 per share, down from $138MM or $0.43 per share last year, due to several near-term demand factors as well as lower revenue. Revenue fell to $2.65Bil from $2.93Bil. Non-GAAP net income was $207MM or $0.69 per share.
$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.