Top Technology Stocks:
MSFT: -0.13%
AAPL: -0.21%
IBM: -0.25%
CSCO: -0.21%
GOOG: -0.54%
Most tech majors were declining pre-market Thursday.
Stocks moving on news include:
(-) Box ( BOX ), which was sinking by more than 22% even after its adjusted EPS swung to $0.06 in Q4 from a loss of $0.06 per share a year earlier, better than analysts' estimates of an adjusted EPS of $0.02 in a Capital IQ poll. It was also its first quarter of positive non-GAAP net income per share.
(-) HP ( HPQ ) was down more than 14% as i t report ed Q1 non-GAAP earnings of $0.52 per share, up from the $0.48 per share posted in last year's quarter and in line with the analyst consensus on Capital IQ. Revenue was $14.7 billion, up from $14.5 billion in the year-ago period but shy of expectations of $14.81 billion.
(-) Teladoc ( TDOC ) was more than 13% lower after booking a Q4 loss of $0.35 per share, narrower than the year- ago loss of $0.76 per share, and besting expectations for a loss of $0.37 per share, according to CapIQ data. Revenue was $122.7 million, up from $77.1 million last year and ahead of expectations of $120 million.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
