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Maker of Cabin Vacation Homes $CVCO said that 1Q17 net revenue was $185.1MM, up 14.5% vs. $161.7MM in 1Q16. The increase in revenue was from achieving 3,395 home sales this quarter, up 17% vs. 1Q16. Consolidated gross profit as a percentage of net revenue was 17.9% vs. 19.7% in 1Q16, hurt by higher insurance claim activity at Financial Services.
$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.