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Drugmaker $ALXN reported a rise in 1Q16 earnings on higher revenue. Net income rose to $92.17MM from $91.32MM, while EPS fell to $0.41 from $0.45, due to a rise in shares used for computing EPS. Revenue grew to $701.04MM from $600.33MM. Non-GAAP EPS slid to $1.11 from $1.28.
$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.