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Open-source software products provider $RHT posted 4Q16 net income of $53MM or $0.29 per diluted share, compared with $48MM or $0.26 per diluted share in the year-ago quarter. Total revenue was $544MM in 4Q16, up 17% in US dollars YoverY, or 21% measured in constant currency. Non-GAAP diluted EPS was $0.52 in the quarter.
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.