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Maker of action cameras $GPRO said that 1Q16 revenue was $183.5MM above the top end of the guidance. While revenue was down 49% YoverY on a sell-in basis, sell-through was strong. 1Q16 sell-through on a unit basis was down less than 10% vs. 1Q15, which benefited from the launch of HERO4.
$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.