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Technology Sector Update for 02/08/2019: VCRA, EGAN, QNST, MSFT, AAPL, IBM, CSCO, GOOG


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Top Technology Stocks:

MSFT: -0.56%

AAPL: -1.07%

IBM: -0.38%

CSCO: -0.54%

GOOG: -0.87%

Technology stocks were dropping in pre-bell trading Friday.

Stocks moving on news include:

(-) Vocera Communications ( VCRA ), which was down more than 20% after the company said Q4 sales rose 11% to $48.9 million from the year-ago period but missed the Cap IQ mean for $49.82 million. Non-GAAP EPS was $0.18, matching forecasts.

(+) eGain ( EGAN ) was up more than 21% after booking financial results for its fiscal Q2, with earnings and revenue that both topped analysts' expectations. The company posted non-GAAP diluted earnings of $0.08 per share, compared with the prior-year period's $0.02 per share.

(-) QuinStreet ( QNST ) was declining by over 16% as i t report ed fiscal Q2 earnings and revenue that topped analysts' expectations and reaffirmed its revenue growth guidance for fiscal 2019. The online marketing company booked adjusted earnings of $0.12 per share, compared with the prior-year period's $0.07 per share.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.





This article appears in: Technology , Commodities
Referenced Symbols: VCRA , EGAN , QNST , MSFT , AAPL



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