Top Technology Stocks:
Technology shares were higher in Friday’s pre-market trade.
In technology stocks news, Finisar ( FNSR ) was up 7.3% after it reported Q4 revenue of $357.5 million, up from the $318.7 million recorded in the year ago quarter but shy of the analyst consensus of $359.6 million on Capital IQ. Non-GAAP earnings were $0.50 per share, up from $0.29 per share last year and in line with expectations. For Q1, the company expects revenue in the range of $330-$350 million, below the Street view of $366 million. Non-GAAP earnings are seen at $0.37-$0.43 per share, vs. expectations of $0.51 per share.
In other sector news,
(+) FB, (+0.3%) Starst using artificial intelligence to help stop the spread of terrorist content on the social media platform.
ANET (flat) BMO Capital Markets maintains outperform rating for shares, boosts price target to $167
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