Sector: Technology Shares Lower Pre-Market; Comtech Rallies 7% on Q1 Results

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Top Technology Stocks:

MSFT: -0.27%

AAPL: -0.49%


IBM: -0.23%

CSCO: +0.33%

GOOG: -0.06%

Technology shares are generally higher in pre-bell trading today.

In technology stocks news, Comtech Telecommunications Corp. ( CMTL ) is up 7% after late yesterday it reported fiscal Q1 GAAP EPS $0.28 per share compared to $0.36 per diluted share a year earlier. Analysts polled by Capital IQ looked for $0.21 per share on a non-GAAP basis and $0.24 per share on a GAAP basis.

Sales were $83.4 million compared to $91.0 million a year earlier. That tops the Cap IQ view for $78.3 million.

And, Aehr Test Systems ( AEHR ) said late yesterday it has received over $1 million in a follow-on order for its FOX-15 wafer-level burn-in and test system and WaferPak full-wafer contactors from a leading supplier of automotive and industrial integrated circuits.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: AEHR , CMTL

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As of 12/19/2014, 04:15 PM


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