Want to join the conversation?
$AVAV said funded backlog as of April 30, 2016 was $65.8MM. Cash, cash equivalents and investments at the end of FY16 totaled $261.6MM. Net inventory was $37.5MM at the end of FY16. During FY16, $AVAV invested approx. $8MM or 3% of revenue in property improvements and capital equipment.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.