Top Technology Stocks:
Technology shares are higher in pre-bell trading, while Netflix
) is down 1.6% in early pre-market trade after Morgan Stanley cut
its rating on the stock to Equalweight from Overweight.
Also, NetSol (
) reports Q4 revenue of $15.1 million, better than the analyst
consensus of $13.5 million on Capital IQ. EPS was $0.35, vs.
expectations of $0.22 per share. NTWK is up 13.9% at $11.62 in
Finally, Comverse (
) reported a fiscal Q2 loss of $0.77 per share down from a profit
of $0.28 the year earlier. Four analysts' estimates for EPS ranged
from a loss of $0.14 to a profit of $0.38. Revenue in the quarter
totaled $169.8 million, down from $171.2 million the year earlier.
That compares to the estimates ranging from $131.0 million to
CNSI closed up 0.06% yesterday.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.