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Computer networking company $FFIV reported a decline in 2Q16 earnings due to patent litigation expense, stock-based compensation and amortization of purchased intangible assets. Net income slid to $75.42MM or $1.11 per share from $85.73MM or $1.18 per share last year. Revenue grew to $483.68MM from $472.14MM. Non-GAAP EPS rose to $1.68 from $1.59.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.