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Provider of lighting solutions $AYI said that 2Q16 net sales were $778MMM, up 26% vs. 2Q15, while adjusted diluted EPS grew 53%. The company said that it achieved double-digit volume growth. $AYI completed the acquisitions of Juno and Geometri. Reported operating profit was $106.7MM vs. $78.6MM in 2Q15, which included certain items.
$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.