In 3Q15, $AAP reported lower operating cash flow of about 3.7% to $520.1MM compared to $540.3MM in 3Q14 while free cash flow decreased by 5% to $358.9MM. Capital expenditures were $161.2MM as compared to $161.5MM 3Q14.
In terms of R&D investments, $TXN said it will be focusing on the industrial and automotive markets. The company added that the investment it has made is paying off as half of the revenue is coming from industrial and automotive.
$ARNC said that on the revenue contribution for 2017 and 2018, it would be small in 2017 as it would be the latter part of the year. In 2018, the contribution is dependent on the volumes the company ships through the plant.
$ILMN expects gross margin to be slightly lower in 2Q17 compared to 1Q17. The operating expense growth also is expected to the drive EPS. The company said that it is seeing new customers emerging in China and it remains bullish on the Chinese market opportunities.