5 Big Tech Stocks Trending Higher Post Earnings

Microsoft Corporation (NASDAQ:MSFT) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased 25.56% to $8.32 billion (81 cents per diluted share) in the quarter versus a net gain of $6.62 billion in the year-earlier quarter. Revenue rose 5.35% to $22 billion from the year-earlier quarter.

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Microsoft Corporation reported adjusted net income of 81 cents per share. By that measure, the company beat the mean analyst estimate of $0.75. It beat the average revenue estimate of $21.53 billion.

MSFT

KLA-Tencor Corporation (NASDAQ:KLAC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -3.43% to $107 million (63 cents per diluted share) in the quarter versus a net gain of $110.8 million in the year-earlier quarter. Revenue rose 4.75% to $673 million from the year-earlier quarter.

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KLA-Tencor Corporation reported adjusted net income of 63 cents per share. By that measure, the company beat the mean analyst estimate of $0.56. It beat the average revenue estimate of $634.9 million.

KLAC

Juniper Networks, Inc. (NYSE:JNPR) delivered a profit and best Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -0.48% to $95.7 million (19 cents per diluted share) in the quarter versus a net gain of $96.16 million in the year-earlier quarter. Revenue rose 1.72% to $1.14 billion from the year-earlier quarter.

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Juniper Networks, Inc. reported adjusted net income of 28 cents per share. By that measure, the company best the mean analyst estimate of $0.22. It beat the average revenue estimate of $1.13 billion.

JNPR

Cirrus Logic Inc. (NASDAQ:CRUS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased to $67.9 million ($0.99 per diluted share) in the quarter versus a net gain of $16.73 million in the year-earlier quarter. Revenue rose 153.33% to $310 million from the year-earlier quarter.

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Cirrus Logic Inc. reported adjusted net income of $1.64 per share. By that measure, the company beat the mean analyst estimate of $1.41. It beat the average revenue estimate of $285.96 million.

CRUS

Informatica Corporation (NASDAQ:INFA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -26.63% to $31.1 million (41 cents per diluted share) in the quarter versus a net gain of $42.39 million in the year-earlier quarter. Revenue rose 3.33% to $234.7 million from the year-earlier quarter.

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Informatica Corporation reported adjusted net income of 41 cents per share. By that measure, the company beat the mean analyst estimate of $0.37. It beat the average revenue estimate of $217.51 million.

INFA

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