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On a non-GAAP basis, $RHT's 2Q16 operating income grew 13% and operating margin was 24.4%. This non-GAAP operating margin was approx. 140 BPs above its guidance due to the strong revenue growth during the quarter. Using $RHT's estimated annual effective tax rate of 29%, non-GAAP diluted EPS came in at $0.47, $0.03 above its guidance.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.