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IT consulting and outsourcing firm $CTSH posted 1Q16 GAAP net income of $441.2MM or $0.72 per diluted share versus $382.9MM or $0.62 per diluted share in 1Q15. Revenue was $3.20Bil, up 10% from $2.91Bil in 1Q15. Non-GAAP diluted EPS was $0.80 in 1Q16 compared to $0.71 in 1Q15.
$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.