Want to join the conversation?
$ADI 3Q15 Call: GM was 66.1%, down 40 BPs from prior quarter and was well within our GM model range of 65-68%. Factory utilization in 3Q was about even to prior quarter. Inventory on a days' basis in 3Q increased by one day to 128 days, and on a dollars basis, increased by $30MM. Deferred revenue on shipments to distributors increased by 6%.
$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.