Technology

Technology Sector Update for 02/22/2018: TSEM, GOGO, MITL, SNPS

Top Technology Stocks:

MSFT: +0.5%

AAPL: +0.6%

IBM: +0.3%

CSCO: +0.2%

GOOG: +0.7%

Technology shares were higher in pre-market trading on Thursday.

Expected movers:

- Tower Semiconductor ( TSEM ): Q4 earnings top views, revenue shy; Q1 sales guidance short of consensus

- Gogo ( GOGO ): reports wider Q4 loss vs. Street, beats on revenue; guides FY revenue in line with Street

- Mitel Networks ( MITL ): posts Q4 adjusted EPS of $0.27 vs. $0.22 year earlier; revenue tops Street forecasts

- Synopsys ( SNPS ): Q1 tops estimates, Q2 and full year guidance ahead of views

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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