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$VIAV's 4Q16 revenue was up 2% versus 4Q15, driven by growth in the OSP segment that offset decline in NSE. Operating income grew 78.7% YoverY, and operating margin of 13.5% was up 580 BPs, due to strong OSP and good OpEx management in NSE. Company OpEx fell 7.6% YoverY, driven by G&A expense reduction and R&D spend optimization.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.