Want to join the conversation?
Provider of online accounting software $INTU posted lower 4Q16 earnings due to higher R&D and G&A expenses. Net loss was $40MM or $0.16 loss per share vs. net income of $14MM or $0.05 per diluted share in 4Q15. Revenue rose 8% to $754MM vs. 4Q15, helped by higher revenue results in Small Business and Consumer Tax and ProConnect segments.
$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.