Top Tech Stocks
MSFT -0.04%
AAPL +0.16%
IBM +0.10%
CSCO +0.66%
GOOG +0.08%
Technology stocks were little changed this afternoon, with shares of tech companies in the S&P 500 climbing almost 0.1%.
In company news, Xplore Technologies Corp. ( XPLR ) declined Thursday, with shares of the manufacturer of rugged mobile personal computers falling to within 8 cents of their $1.72-a-share all-time low after last night reporting fiscal Q4 revenue trailing the analyst mean.
Revenue retreated 18% during the three months ended March 31 compared with the same reporting period last year to $16.9 million, missing the Capital IQ consensus by around $1.8 million as supply-chain constraints delayed delivery of multiple customer orders into the current quarter.
The company also recorded a $0.04 per share net loss during the January-to-March period, more than halving its year-ago net loss of $0.09 per share and beating the Street view by a penny.
In other sector news,
(+) SPI, (+28.3%) Agrees to sell its equity stake in Todderstaffe Solar Ltd, which owns a 4.5-megawatt solar project in the UK, to Capital Stage AG, Germany's largest independent solar park operator. Also receives Nasdaq delisting warning after its ADS fall under $1 minimum bid price.
(-) HPE, (-6.3%) Projected non-GAAP Q3 EPS of $0.24 to $0.28 trails Street view by at least $0.03 per share. Also reports adjusted Q2 net income of $0.35 per share, matching Capital IQ consensus. Revenue falls 22.1% from year-ago levels to $9.9 bln, narrowly edging out the $9.75 bln consensus.
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.
