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$NTAP said revenues for FY16 were $5.55Bil. GAAP net income for FY16 was $229MM or $0.77 per share, compared to GAAP net income of $560MM or $1.75 per share in FY15. Non-GAAP net income for FY16 was $633MM or $2.13 per share compared to non-GAAP net income of $865MM or $2.70 per share in FY15.
$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.