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$CAMP remains confident of achieving its target of $100MM annual run rate for recurring revenues within the next 2-3 years. Network and OEM revenue was in line with expectations for 2Q17, while Software and Subscription Services revenue grew 37% YoverY to $15MM, helped by LoJack acquisition.
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.