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Drive-in restaurant chain operator $SONC reported a decrease in net income to $15.4MM or $0.31 per share in 3Q16 compared with $20.4MM or $0.38 per share in 3Q15. Diluted EPS decreased 18% in 3Q16. Adjusted diluted EPS rose 19% to $0.43. Total revenues grew to $165.2MM from last year.
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.