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Communications provider $MSI said that 2Q16 revenue was $1.4Bil, up 5% vs. 2Q15, including Airwave revenue of $146MM. Non-GAAP EPS was $1.03, up 51% YoverY, driven by Airwave, continued cost savings and reduced share counts. Services business was up $2.1Bil on $1.6Bil from Airwave and managed & support services growth in North America.
$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.