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$ISRG reported higher 2Q16 earnings, helped by higher revenues and lower expenses compared to 2Q15. GAAP net income was $185MM or $4.71 per diluted share, compared with $135MM or $3.56 per diluted share last year. Revenue of $670MM grew about 14% from $586MM in 2Q15. Non-GAAP net income was $220MM or $5.62 per diluted share in the quarter.
$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.