Top Tech Stocks
Technology stocks are mostly higher with shares of technology
companies in the S&P 500 adding over 0.9%.
In company news, Trulia Inc. (
) is up nearly 24% at $46.13 a share after earlier rising to a new
52-week high of $47.99 and the home-buyer research service
reporting Q2 earnings and revenue that topped estimates and
provided upside revenue guidance for Q3.
TRLA posted Q2 earnings of $0.05 per share, ex items, beating
the analyst consensus by $0.01 per share. Revenue rose 76.6% year
over year to $29.7 million, topping the Street view by $2.0
The company is forecasting Q3 revenue in a range of $30.5
million to $31.5 million, exceeding the averaged analyst call by
In other sector news,
(+) QUIK, Posts Q2 net loss of $0.05 per share, a penny better
than Wall Street estimates. Revenue climbs 26.0% over year-ago
levels to $5.13 million, also exceeding the analyst consensus by
(-) OTEX, Quarterly revenue climbs 13.6% year over year to
$347.3 million in Q4 but trails the Street view by $14.2 million.
Net income of $1.43 per share matches estimates.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.