Technology shares had been buying and selling decrease, with the SPDR Expertise Choose Sector ETF Thursday slipping 0.6% whereas the Philadelphia Semiconductor Index was dropping 0.3% this afternoon, reversing a morning advance.
In firm information, Citrix Techniques (CTXS) fell 7.6% after the office collaboration software program agency reported non-GAAP Q1 earnings and income lacking analyst forecasts and projected Q2 and FY21 internet revenue additionally lagging Wall Road expectations.
Nokia (NOK) climbed 8.8% after the networking gear firm reported non-GAAP Q1 internet revenue of 0.07 euros ($0.09) per share on 5.08 billion euros in income, exceeding Wall Road expectations for a 0.01 euro adjusted revenue on 4.75 billion euros in income.
Fb (FB) rose 6.2% after the social community firm reported Q1 internet revenue of $3.30 per share, virtually doubling its $1.71 per share revenue throughout the identical quarter final 12 months, whereas income elevated 47.5% year-over-year to $26.17 billion. Analysts, on common, had been anticipating Fb to earn $2.34 per share on $23.71 billion in income.
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