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.
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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.
