Top Technology Stocks:
Technology shares were generally mixed in pre-market trade
In technology stocks news, NetEase (
) reported earnings of $1.38 and revenue of $380.5 million, which
it below the Street expectation of $1.48 per share on $396 million,
according to Capital IQ estimates.
And, Global Sources (
), which provides marketing services, reported net income that
declined from last year while revenue increased and beat the Street
Non-IFRS net income was $0.6 million, or $0.02 per diluted
share, as compared to $1.8 million, or $0.05 per diluted share, for
the first quarter of 2013. Revenue was $34.5 million, as compared
to $31.3 million a year prior.
The Street expected revenue of $29.8 million, according to one
analyst estimate on Capital IQ.
Also, shares of Cisco Systems (
) have surged nearly 7% to $24.37 in the wake of the company's
quarterly report and after analysts at Oppenheimer raised their
price target to $27 from $25 a share, while leaving their
Finally, Agilent Technologies (
) says Q2 non-GAAP EPS was $0.72, $0.01 below the Thomson Reuters
mean, the company reported late Wednesday.
Sales were $1.73 billion, compared with predictions for $1.73154
A was down 1.3% at $55.10 in pre-market trade Thursday.
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