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TDS

Sector Update: Technology

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

In technology stocks news, Telephone and Data Systems ( TDS ) said its Q4 loss per share narrowed more than expected even as sales fell.

The telecommunications services company said its Q4 diluted loss narrowed to $0.06 per share from a loss of $0.39 the year earlier and compared to the $0.10 average loss expected by analysts polled by Capital IQ. Sales fell to $1.18 billion from $1.35 billion. Analysts had expected sales of $1.2 billion.

And, Edgewater ( EDGW ) reported Q4 revenue of $26.8 million and earnings of $0.21 per share.

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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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