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$IDTI currently anticipates that 2Q17 interest and other will be about a $300,000 expense, and the non-GAAP tax rate to be approx. 2%. The company estimates 2Q17 share count to be about 140MM shares on a fully diluted basis. Based on the midpoint of its guidance range, $IDTI projects non-GAAP EPS for 2Q17 to be approx. $0.33.
$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.