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Chipmaker $SWKS reported a rise in 2Q16 earnings driven by its increasing diversification and differentiated product portfolio as well as lower costs and expenses. Net income rose to $208.1MM or $1.08 per share from $166.5MM or $0.85 per share last year. Revenue grew to $775.1MM from $762.1MM. Non-GAAP EPS increased to $1.25 from $1.15.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.