Markets
A

Sector Update: Tech Technology

Technology shares were generally higher in pre-market trade Thursday.

In technology stocks news, Ciena ( CIEN ) shares rose in Thursday's pre-market session, after the communications-networking company reported fiscal Q2 adjusted earnings above analysts' expectations on a 10% jump in revenue that also topped Street estimates and forecast Q3 revenue mostly above the consensus view.

CIEN was up 13% at $21.50 in recent pre-market trading , in a 52-week range of $16.21 to $27.93.

And, Agilent Technologies ( A ) late Wednesday adjusted its Q2 2014 GAAP net income, saying it was $139 million, or $0.41 per share, a change from Q2 GAAP net income of $150 million, or $0.45 per share, previously announced May 14, 2014.

The change was made as a result of an out-of-period adjustment for tax expense. There have been no changes to the second-quarter 2014 non-GAAP net income of $244 million, or $0.72 per share, previously announced by the company May 14.

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.


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

In This Story

A CIEN

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More