Technology stocks were flat to lower pre-bell Friday as the Technology Select Sector SPDR Fund (XLK) was 0.3% lower and SPDR S&P Semiconductor ETF (XSD) was inactive.
Atlassian (TEAM) was rallying by over 20% after it reported fiscal Q4 non-GAAP diluted earnings of $0.57 per share, up from $0.27 a year earlier. Analysts surveyed by Capital IQ expected $0.45.
Cloudflare (NET) was up more than 10% after it reported Q2 non-GAAP net income of $0.10 per diluted share, compared with break-even results a year earlier. Analysts polled by Capital IQ expected $0.07.
Apple (AAPL) was slipping 3% after it posted fiscal Q3 revenue of $81.80 billion, down from $82.96 billion a year ago. The company also expects fiscal Q4 revenue for its Mac and iPad products to fall by double-digits year over year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image and article originally from www.nasdaq.com. Read the original article here.