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Irvine, California-based company $RECN said revenue in 4Q16 was up 3.9% sequentially. Approx. 0.9% of the QoverQ revenue increase is attributable to the shift of the Memorial Day holiday to 1Q17. For full-year 2016, revenue increased 1.3% to $598.5MM.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.