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$GPRO 2Q15 Call: 2Q15 was also our 2nd highest revenue quarter ever & unit shipments were up over 90% YoverY. Revenue of $419.9MM, up 72% YoverY & above our guidance range of $380-400MM. GM was 46.4% vs. 42.2% in 2Q14, representing a 420 bps increase. Operating income was $65.8MM or 15.7% of revenue, an increase of $48MM or 270% YoverY.
$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.