Top Tech Stocks
Technology stocks are narrowly lower in late trade with shares
of technology companies in the S&P 500 slipping 0.2%.
In company news, Digital Generation Inc. (
) is up nearly 29% at $10.52 a share and the provider of online
digital video transmission services last night reporting Q2
earnings of $0.09 per share, topping analyst expectations by $0.07
Revenue was relatively unchanged from the same quarter last year
at $96.3 million, also beating the consensus view by around $1.6
DGIT also reaffirmed it FY13 guidance, forecasting between $370
million to $400 million in revenue this year, in-line with
In other sector news,
(+) FNSR, Said Q1 EPS will come in between $0.30 to $0.31 during
the three months ended in July, up at least $0.04 over prior
guidance and topping Street view by $0.06 a share. Revenue seen in
range of $266 mln, topping estimates by $13.6 mln.
(-) SYNC, Q2 revenue falls 13.3% from same quarter last year to
$26.7 mln, missing Wall Street expectations by $360,000. Reports
break-even quarter, beating estimates by $0.01 per share. Guides
Q3, FY13 revenues below consensus.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.