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Telecom network equipment supplier $CIEN reported lower earnings in 2Q16, hurt by higher OpEx and lower income from operations. 2Q16 net income was $14MM or $0.10 per diluted common share versus $20.7MM or $0.17 per diluted common share in 2Q15. Revenue was $640.7MM in the quarter versus $621.6MM last year. Non-GAAP diluted EPS was $0.34 in 2Q16.
$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.