Want to join the conversation?
$XLNX expects 3Q17 sales to be about flat sequentially and gross margin to be about 69%. Operating expenses are expected to be about $245MM, including amortization of acquisition-related intangibles. The company predicts 3Q17 other income and expenses to be a net expense of about $2MM and tax rate to be about 14%.
$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.