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$SWKS expects 4Q16 revenue to be up 10-11% sequentially to $831MM at the midpoint with gross and operating margin expansion driving non-GAAP EPS of $1.43. CFO Donald Palette said $SWKS expects a strong 2H16 with further operational improvements, based on broad market traction and new program ramps as well as analog and mixed signal content gains.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.