Want to join the conversation?
$IDTI's cash and short-term investments decreased approx. $4MM to $351MM. Free cash flow for 1Q17 was approx. $23MM and free cash flow as a percent of revenue was 26% on a trailing 4-quarter basis. The company spent $30.6MM to repurchase 1.5MM shares at an average price of $20.90.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.