Technology

Technology Sector Update for 02/14/2017: GILT

Top Technology Stocks:

MSFT:-0.5%

AAPL: -0.1%

IBM: -0.4%

CSCO: -0.2%

GOOG: flat

Technology shares were mainly lower in pre-market trade on Tuesday.

In technology stocks news, Gilat Satellite ( GILT ), a provider of satellite networking technology, reported a drop in earnings but an increase in revenue.

Non-GAAP EPS decreased to $0.13 in the December quarter, from $0.16 a year earlier.

Q4 revenue increased 19% to $80.3 million.

Shares in the company were unchanged at $6.07 in pre-market trade. The stock has traded between $3.57 and $6.19 over the past 52 weeks.

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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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