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Michael Genovese of MKM asks about seasonality in revenues. $ADTN said looking at the 3-year seasonality, the 5-year seasonality and the 1-year seasonality, they are all roughly in the same direction. Currently $ADTN sees more activity in 1H of an year than 2H and 2Q and 3Q revenue levels are flattish. Bookings typically decline in 3Q.
$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.