Technology shares were mixed in pre-market trading on
In technology stocks news, Gilat Satellite Networks (
) was down about 4% after it reported Q4 earnings that missed
analysts' expectations but struck an upbeat tone about 2014.
The provider of products and services for satellite-based
broadband communications said its non-GAAP loss was $0.02 per share
compared to a profit of $0.15 the year earlier. Analysts had
expected Gilat to break even on a per-share basis. Meanwhile,
revenue fell to $55.7 million from $76.5 million, a large miss if
comparable to analysts' $90.95 million average estimate.
And, Nova Measuring Instruments (
) rose about 4.5% in pre-market trading after reporting Q4 earnings
that were in line with analysts' estimates and as it struck an
upbeat tone for 2014.
The provider of metrology solutions to the semiconductor process
control market said its Q4 non-GAAP earnings rose to $0.15 per
share from $0.04 the year earlier, in line with the average
estimate from analysts polled by Capital IQ.
Sales meanwhile rose 37% to $30.2 million, topping the $28.9
Finally, hardware and software security systems company VASCO
Data Security (
) reported better-than-expected financial results for Q4 and
provided its outlook for revenues in fiscal 2014.
VDSI reported Q4 earnings from continuing operations of $0.09
per share, compared with the prior-year period's $0.05 per share.
Revenue was $43.3 million, up 11% from $38.8 million in the same
quarter last year.
Analysts polled by Capital IQ were expecting EPS of $0.06 on
revenues of $40 million.
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