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Communications company $VSAT said in 1Q17, new orders were up 10% and adjusted EBITDA grew 3% compared to 1Q16. Satellite Services segment was strong. ARPU increased 8% YoverY due to a combination of higher bandwidth, higher value plans and growth in value-added services. Subscriber count was relatively flat.
$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.