Want to join the conversation?
For 1Q16, $CDNS said that its total revenue was $448MM, up 9% YoverY. Non-GAAP operating margin was 26% vs. 23% in 1Q15. Timing of revenue and expenses contributed to the higher-than-expected margin for the quarter. Non-GAAP diluted EPS was $0.28, up 22% vs. 1Q15. Operating cash flow was $83MM.
$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.