Technology shares were generally lower in pre-market trade
In technology stocks news, DISH Network Corporation (
) has reported Q1 net income of $176 million, or $0.38 per share,
down from $216 million, or $0.48 in Q1 2013 and missing analyst
estimates of $0.44 per share. Total revenue of $3.59 billion was up
from $3.38 billion in Q1 2013, slightly beating consensus of $3.57
And, Superconductor Technologies Inc. (
) shares are up almost 7% pre-market after reporting a narrower Q1
The net loss was $2.9 million, or a loss of $0.25 per share,
compared to a net loss of $3.9 million in Q4 and a loss of $2.4
million, or $0.58 per share, in the first quarter of 2013.
Net revenues were $389,000, compared to $150,000 in the fourth
quarter of 2013 and $776,000 in the year ago period.
Finally, Teradata (
) reported Q1 earnings and sales that exceeded analysts'
expectations and increased the share buyback program by
approximately $300 million but also said it now expects FY14
results to come in at the lower end of guidance ranges.
The provider of analytic data solutions, including integrated
data warehousing, big data analytics and business applications said
its Q1 non-GAAP EPS rose 26% to $0.54 per share compared to the
$0.47 average estimate from analysts polled by Capital IQ. Sales
rose 7% to $628 million, also exceeding the $615 million consensus
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