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In 2Q16, $QRVO's gross margin declined by 1.3% to 40.2% while operating income rose from negative $1.3MM to $18MM compared to last year same quarter. On a non-GAAP basis, gross margin declined by 1.8% to 49.7% in the quarter & operating income rose 3.7% to $194.8MM compared last year same quarter. Non-GAAP diluted EPS was $1.22 for the quarter.
$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.