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Needham & Company analyst Quinn Bolton questioned whether the non-GAAP tax rate of 3% will go up in future quarters. $IDTI CFO Brian White said that looking out beyond FY17, the company expects non-GAAP tax rate to come up a little bit, around 5% in FY18. $IDTI said that it should stay at about 5% for about three years.
Wow! $MCD scores again.