Want to join the conversation?
$PAY ended 2Q16 with a cash balance of $157MM, gross debt of $955MM and net debt of $798MM. Cash flow from operations was $51MM and Capex was $28MM in 2Q16. Free cash flow was $23MM in 2Q16. For FY16, $PAY expects free cash flow of approx. $110-120MM, including cash costs associated with restructuring initiatives.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.