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$AVAV's 1Q17 GM fell to $6.7MM or 18%, mainly due to a decline in product margin. Product GM percentage was 3.3% and service margin was consistent at 30.1%. SG&A expense was $13.7MM or 38% of revenue and R&D expense was $8.6MM or 24% of revenue in the quarter.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.