Top Technology Stocks:
Technology heavyweights were climbing pre-market Friday.
Stocks moving on news include:
(+) Digi International (DGII), which was more than 11% higher as the company's adjusted EPS decreased to $0.18 in Q4 from $0.22 a year earlier, but easily surpassed analysts' estimates of $0.05 in a Capital IQ poll. Revenue decreased 0.2% to $65.0 million from a year ago, also ahead of the $62.07 million estimate.
(+) Applied Materials (AMAT) was up almost 7% as its adjusted EPS fell to $0.80.in Q4 from $0.85 a year earlier, but still outpaced analysts' estimates of $0.76 in a Capital IQ survey. Revenue edged lower to $3.75 billion from $3.76 billion a year ago, also ahead of the $3.68 billion estimate.
In other sector news:
(+) NVIDIA (NVDA) was marginally lower after it reported non-GAAP earnings of $1.78 for Q3 of fiscal 2020, down from the year ago's $1.84. That beat consensus estimate of $1.58 per share compiled by Capital IQ.