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In 2Q16, $QRVO's gross margin declined by 1.3% to 40.2% while operating income rose from negative $1.3MM to $18MM compared to last year same quarter. On a non-GAAP basis, gross margin declined by 1.8% to 49.7% in the quarter & operating income rose 3.7% to $194.8MM compared last year same quarter. Non-GAAP diluted EPS was $1.22 for the quarter.
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.