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$THC raised its 2016 adjusted EPS guidance to range of $1.32-1.67 from prior range of $1.18-2.25 and its revenue outlook to range of $19.5-19.8Bil from prior estimate of $18.8-19.2Bil. The company now expects net loss from continuing operations of $30-65MM and adjusted EBITDA of $2.4-2.5Bil. $THC now sees 2016 loss per basic share of $0.30-0.66.
$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.