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$AGYS' 4Q16 net revenue grew 11% and adjusted EBITDA was $1MM versus an adjusted EBITDA loss of $600,000 in 4Q15. Gross profit rose 21%, reflecting an improvement in gross profit margin of 430 BP to 55% in 4Q16. On install base, company ended FY16 with more than 35,000 PoS endpoints installed, up 29% from end FY15
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.