Want to join the conversation?
Greensboro, North Carolina-based supplier of radio frequency systems $QRVO posted 3Q16 net loss of $11.1MM or $0.08 per share based on 139.3MM shares outstanding. Revenue was $620.7MM compared to $397.1MM in 3Q15. Non-GAAP net income was $148MM or $1.03 per diluted share in 3Q16.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!