Top Technology Stocks:
MSFT: +0.60%
AAPL: +0.55%
IBM: Flat
CSCO: +0.58%
GOOG: +0.68%
Most tech giants were advancing pre-market Friday.
Stocks moving on news include:
(-) Nutanix ( NTNX ), which was declining more than 25% as the company offered a downbeat view for the fiscal Q3 and said fiscal second-quarter non-GAAP net loss widened to $0.23 a share from a loss of $0.14 a year earlier.
(+) Zscaler ( ZS ) was up more than 14% as its pro-forma adjusted EPS reversed to $0.09 in Q2 from net loss of $0.03 per share a year earlier, as revenue grew 65% to $74.3 million over the same period. Analysts polled by Capital IQ expected adjusted net loss of $0.01 per share on revenue of $66.25 million estimate.
(-) 58.com ( WUBA ) was retreating by over 7% after reporting Q4 adjusted earnings of RMB5.06 ($0.74) compared with RMB3.69 in the year-ago quarter. Analysts were expecting adjusted EPS of $0.71.
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.
