Want to join the conversation?
$AVAV said funded backlog as of April 30, 2016 was $65.8MM. Cash, cash equivalents and investments at the end of FY16 totaled $261.6MM. Net inventory was $37.5MM at the end of FY16. During FY16, $AVAV invested approx. $8MM or 3% of revenue in property improvements and capital equipment.
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.