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$ISRG said that its pro forma gross margin for 4Q15 was 69.6% compared with 67.1% in 4Q14 and 69.3% for the 3Q15. The gross margin improvement was driven by lower inventory charges, improved efficiencies, which were partially offset by foreign exchange and a higher mix of its newer products, which carry lower gross margins than its mature products.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.