5 Top Tech Stocks Everyone is Analyzing After Earnings Releases

Apple Inc. (NASDAQ:AAPL) reported net income above Wall Street’s expectations for the second quarter. Net income for Apple Inc. rose to $11.62 billion ($12.30 per share) vs. $5.99 billion ($6.40 per share) in the same quarter a year earlier. This marks a rise of 94.1% from the year-earlier quarter. Revenue rose 58.9% to $39.19 billion from the year-earlier quarter. Apple Inc. beat the mean analyst estimate of $10.02 per share. It beat the average revenue estimate of $36.49 billion.

Lexmark International Inc. (NYSE:LXK) reported its results for the first quarter. Net income for Lexmark International Inc. fell to $60.8 million (84 cents per share) vs. $83.3 million ($1.04 per share) a year earlier. This is a decline of 27% from the year-earlier quarter. Revenue fell 4.1% to $992.5 million from the year-earlier quarter. Lexmark International Inc. reported adjusted net income of $1.05 per share. By that measure, the company fell in line with the mean estimate of $1.05 per share. Analysts were expecting revenue of $986.4 million.

Baidu, Inc. (NASDAQ:BIDU) reported its results for the first quarter. Net income for Baidu, Inc. rose 76% to $299 million (87 cents per share) from the year-earlier quarter. Revenue rose 75% to $677.1 million from the year-earlier quarter. Baidu, Inc. beat the mean analyst estimate of 84 cents per share. Analysts were expecting revenue of $677.5 million.

Unisys Corporation (NYSE:UIS) reversed to a profit in the first quarter, beating Wall Street estimates. Reported a profit of $17.4 million (30 cents per diluted share) in the quarter. Unisys Corporation had a net loss of $39.4 million or a loss 95 cents per share in the year-earlier quarter. Revenue rose 1.9% to $928.4 million from the year-earlier quarter. Unisys Corporation reported adjusted net income of 97 cents per share. By that measure, the company beat the mean estimate of 21 cents per share. It beat the average revenue estimate of $886.8 million.

AT&T Inc. (NYSE:T) reported net income above Wall Street’s expectations for the first quarter. Net income for AT&T Inc. rose to $3.6 billion (60 cents per share) vs. $3.4 billion (57 cents per share) in the same quarter a year earlier. This marks a rise of 5.2% from the year-earlier quarter. Revenue rose 1.8% to $31.8 billion from the year-earlier quarter. AT&T Inc. beat the mean analyst estimate of 57 cents per share. Analysts were expecting revenue of $31.85 billion.