Top Technology Stocks:
Technology shares are higher in pre-bell trading, while Gilat
Satellite Networks Ltd. (
), a satellite networking technology and services company, said it
has received a letter of award for a project worth more than $12
million for equipment and services from Entel S.A., the largest
telecom and satellite network operator in Bolivia.
Gilat will supply Entel with a SkyEdge II VSAT platform,
including HUB and VSATs, Teleport, DTH and solar solutions. The
project also includes professional services for the central site
installation, project management and training.
GILT is up 3% at $4.89.
And, ADTRAN, Inc. (
), provider of products and services for communications networks,
is down 1% after it reported Q3 2014 non-GAAP EPS of $0.32, on
sales of $177.4 million. Analysts on Capital IQ had expected EPS of
$0.25 and sales of $175 million. Year-ago non-GAAP EPS was $0.20,
on sales of $162.1 million.
The company's Board of Directors declared a cash dividend for
the quarter of $0.09 per common share, payable on November 7, 2013
to shareholders of record at the close of business on October 24,
2013. The ex-dividend date is October 22, 2013.
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