Markets

Sector Update: Technology

Technology shares were generally mixed in pre-market trade Friday.

In technology stocks news, Park Electrochemical Corp. ( PKE ) reported fiscal Q4 EPS of $0.21, down from $0.22 for Q4 2013 and below analyst estimates of $0.23. Net sales of $38.15 million were down from $42.67 million in Q4 2013 and missed analyst projections of $40.94 million.

Shares of PKE are at $27.59 with a 52-week range of $23.08 - $30.64.

And, Canadian Solar ( CSIQ ) shares were down 8.5% after it reported Q1 EPS of $0.07, up from a loss of $0.10 per share in Q1 2013 but missing analyst estimates of $0.12 per share. Total revenue was $466.3 million, up from $263.6 million in Q4 2013 and beating analyst projections of $431.98 million.

For Q2 2014, the company expects module shipments to be in the range of approximately 600 MW to 630 MW.

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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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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