In 2Q16, the Americas accounted for the largest portion of $GPRO's revenue making up 56% of revenue followed by EMEA at 28% and APAC at 16%. Direct and distribution revenue made up 58% and 42% of 2Q16 revenue respectively.
$T said it will continue to invest in fiber deployment as much as, if not, more than anybody's investing right now. The company now markets fiber to 4.6MM locations across 52 metro areas. The company expects to add 2MM fiber locations in 2017 to reach 6MM by the end of the year.
$CMP announced that its CFO Patrick Dough Linehan has resigned due to personal circumstances, effective immediately. The departure of Linehan does not involve disputes with the company. While the process to identify a permanent CFO begins the company has named James 'Jamie' Standen, VP finance and treasurer, as the interim CFO and treasurer.