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$TECD's worldwide operating income fell to $52.6MM from $81.9MM in the previous year quarter, which included $38.5MM of gains related to LCD settlement agreements, net of attorney fees and expenses. Non-GAAP operating income rose 15% to $57.6MM. As a percentage of net sales, non-GAAP operating income grew 12 points to 0.97%.
$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.