Want to join the conversation?
$GPRO said that in March, it secured $250MM asset-backed to credit facility. Accounts receivable were $46.5MM at March 31 and DSOs were 23 days. Net inventory of $139.7MM was down 26% sequentially and reflects a lower inventory level since 3Q14.
$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.