Sector Update: Technology Shares Higher Pre-Bell; Superconductor's Q2 Revenues Decline

By
A A A

Top Technology Stocks:

MSFT: -0.88%

AAPL: +0.59%


IBM: +0.22%

CSCO: -0.53%

GOOG: flat

Technology shares are higher in pre-bell trading. Superconductor Technologies ( SCON ) reports Q2 net revenues of $555,000 down from revenue of $596,000 million in the Q2 2012.

Net loss for Q2 2013 was $2.4 million, or a loss of $0.54 per basic and diluted share compared to a net loss of $3.4 million, or a loss of $1.03 per basic and diluted share, in Q2 2012. Analyst estimates were not available. SCON is flat at $1.62.

Cimatron Ltd. ( CIMT ) reported second quarter 2013 non-GAAP net profit of $1.2 million, or $0.13 per diluted share, compared to a net profit of $1 million, or $0.11 per diluted share, recorded in the same quarter of 2012.

Revenues for the quarter were $11 million, compared to $10.6 million recorded in Q2 2012. No analyst estimates were available for comparison. CIMT is flat at $7.03.



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.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: CIMT , SCON

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

89,070,840
  • $17.26 ▲ 3.23%
78,931,485
  • $7.02 ▲ 4.46%
77,555,734
  • $6.70 ▲ 6.69%
77,025,346
  • $24.66 ▲ 0.69%
74,713,335
  • $101.80 ▲ 1.82%
72,324,726
  • $7.64 ▲ 0.79%
57,112,188
  • $17.84 ▲ 55.27%
53,321,397
  • $18.01 ▼ 4.46%
As of 12/17/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com