Want to join the conversation?
$ISRG reported higher 2Q16 earnings, helped by higher revenues and lower expenses compared to 2Q15. GAAP net income was $185MM or $4.71 per diluted share, compared with $135MM or $3.56 per diluted share last year. Revenue of $670MM grew about 14% from $586MM in 2Q15. Non-GAAP net income was $220MM or $5.62 per diluted share in the quarter.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.