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Technology Sector Update for 02/17/2023: PDFS, DASH, COHU, XLK, SOXX – Stocks to Watch
  • Fri. May 3rd, 2024

Technology Sector Update for 02/17/2023: PDFS, DASH, COHU, XLK, SOXX

ByMTNewswires

Feb 17, 2023
Voya Financial (VOYA) Q3 Earnings and Revenues Top Estimates

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Technology stocks were leaning lower premarket Friday. The Technology Select Sector SPDR Fund (XLK) was down 0.8% and the iShares Semiconductor ETF (SOXX) was recently declining by 0.7%.

PDF Solutions (PDFS) was gaining over 2% in value after it reported Q4 non-GAAP earnings of $0.19 per diluted share, up from $0.07 a year earlier. Four analysts polled by Capital IQ expected $0.11.

DoorDash (DASH) reported Q4 revenue of $1.82 billion, up from $1.3 billion a year earlier. Analysts surveyed by Capital IQ expected $1.76 billion. DoorDash was recently climbing past 5%.

Cohu (COHU) was over 4% lower after it reported Q4 non-GAAP earnings of $0.70 per diluted share, down from $0.72 a year earlier. Analysts polled by Capital IQ expected $0.60.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Image and article originally from www.nasdaq.com. Read the original article here.