Top Technology Stocks:
Technology shares were higher in pre-market trade Tuesday.
In technology stocks news, Trina Solar (
) was higher nearly 5% in pre-market trade after reporting Q4
earnings that far exceeded analysts' estimates amid
The China-based solar-power products maker said its Q4 earnings
per ADS jumped to $0.13 per share from a loss of $1.23 the year
earlier, beating the $0.04 average profit expected by analysts.
Sales rose to $525.6 million from $302.7 million a year earlier,
but were short of the $543.5 million consensus.
And, PC Tel (
) reported that financial results for Q4 were just shy of analysts'
The provider of propagation and optimization solutions reported
Q4 GAAP earnings from continuing operations of $0.02 per share,
compared with the prior-year period's $0.41 loss per share.
Non-GAAP earnings from continuing operations were $0.12 per share,
compared with $0.08 per share in the same period last year.
Analysts polled by Capital IQ were expecting EPS of $0.13.
Finally, China Mobile Games & Entertainment Group (
) shares were up more than 5% in pre-market trade Tuesday after the
smartphone game maker reported
China Mobile Games & Entnmnt Grp reported Q4 earnings of
RMB0.58 (US$0.10), compared with loss per ADS of RMB2.71 in Q4
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.