Good news for Samsung (NASDAQOTH:SSNLF) and Android fans. The company's new Galaxy S7 and Galaxy S7 Edge is a hit. The company recently pre-announced first-quarter earnings, and the results are better than anticipated. Samsung guided to $5.7 billion versus analyst expectations of $4.8 billion in operating income. Samsung also exceeded top-line expectations by guiding for $56.4 billion in revenue, greater than the $56.1 billion analyst consensus.
For investors in the United States, Samsung's consolidated earnings report is of little direct value. The company does list shares on the Gray Markets, the stock symbol above, but the investment is plagued by high bid-ask spreads, and low liquidity.
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