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$HQY stated that income from operations was $12.7MM in 2Q17, an increase of 70% YoverY and generated an operating margin of 29% compared to 25% in the prior year. The company's non-GAAP adjusted EBITDA for 2Q17 increased 66% to $18.4MM, compared to $11.1MM in the prior year. Adjusted EBITDA margin for the quarter was 42%, compared to 36% last year.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.