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In 4Q16, $AGYS' products revenue fell 1% as 4Q15 benefited from a large hardware driven project which did not repeat in current quarter. Support, maintenance and subscription revenue grew 8% due to rise in subscription revenue. Professional services revenue grew 67% reflecting mainly the positive impact of increased booking volume.
$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.