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$EA said that FY16 non-GAAP revenue was $4.57Bil, an all-time record. The company's operating margin was 28.5% and GM was 71.4%. Earnings of over $1Bil were also a record. The company delivered these results despite significant FX headwinds which impacted topline by over $300MM. Digital revenue was 55% of the business, up from 52% last year.
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.