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$MU, which competes with the likes of $SNDK, Samsung Electronics, and Toshiba Corporation, posted 1Q16 revenue of $3.35Bil with gross margins of 25%, non-GAAP net income of $249MM and non-GAAP earnings per share of $0.24 all within its guided range. The results were impacted by continued weakness in the PC DRAM segment.
$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.