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David Wong of Wells Fargo asked whether there are any adjustments to prior period that the company has already recognized payments from LG. $QCOM President Derek Aberle replied that the deal will not result in any modifications or changes to revenue that was previously recorded by the company. Results of this will be reflected in 3Q16, not in 2Q16.
Trivago N.V. (TRVG) announced today that it will release its financial results for the first quarter for the period ended March 31, 2017 on Monday, May 15, 2017. On the same day, trivago N.V.`s management will conduct a webcast beginning at 2:00 PM CET / 8:00 AM Eastern Time. These items will be available in the Investor Relations section of the company`s website at http://ir.trivago.com.
$VZ strikes again. After a depressing quarter, Verizon has jumped into action by launching its ultrafast competitor to Google Fiber - FiOS Gigabit Connection.
$PNRA is planning to expand its delivery service to about 40% of its restaurants by the end of this year.