Top Technology Stocks:
Technology shares are mixed in pre-bell trading, as Silicon
Graphics International Corp. (
) is down 14% at $14.00 as it reported preliminary Q1 EPS of
$0.02-$0.04, compared to previous guidance of $0.08-$0.14 per
Total revenue for Q1 is expected to be approximately $147
million, lower than previous guidance of $160 million-$170 million.
The revenue shortfall was primarily due to the impending government
shutdown at quarter-end, which led to the freezing of funds for a
Federal project; and to delayed acceptance of a non-Federal
And, E2open (
) is down 14% at $17.50 after it reported a Q2 loss of $0.10 per
share, ex one-time items, versus the Capital IQ consensus of $0.15
loss per share. Revenues were $18.6 million, versus the analyst
estimate of $17.23 million.
The company expects Q3 loss per share of $0.21 - $0.18 on
revenues of $18.1 million - $18.6 million. The Street view is loss
of $0.04 per share on revenues of $20.80 million.
For FY14, the company sees loss per share of $0.57 - $0.53 on
revenues of $73.2 million - $74.2 million. The Street view is for
loss of $0.34 per share on revenues of $77.62 million.
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