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.

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

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