Nasdaq Technology

For the quarter ended June 2023, Primis Financial (FRST) reported revenue of $34.64 million, up 27.2% over the same period last year. EPS came in at $0.04, compared to $0.24 in the year-ago quarter.

For the quarter ended June 2023, LTC Properties (LTC) reported revenue of $31.54 million, down 0.3% over the same period last year. EPS came in at $0.66, compared to $1.36 in the year-ago quarter.

For the quarter ended June 2023, KLA (KLAC) reported revenue of $2.36 billion, down 5.3% over the same period last year. EPS came in at $5.40, compared to $5.81 in the year-ago quarter.

Fortune Brands Innovations (FBIN) reported $1.16 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 44.9%. EPS of $1.07 for the same period compares to $1.67 a year ago.

Equity Residential (EQR) reported $717.31 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 4.4%. EPS of $0.94 for the same period compares to $0.59 a year ago.

Essex Property Trust (ESS) reported $416.04 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 4%. EPS of $3.77 for the same period compares to $0.87 a year ago.

DexCom (DXCM) reported $871.3 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 25.2%. EPS of $0.34 for the same period compares to $0.17 a year ago.

Intel (INTC) reported $12.95 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 15.5%. EPS of $0.13 for the same period compares to $0.29 a year ago.

For the quarter ended June 2023, First Solar (FSLR) reported revenue of $810.67 million, up 30.6% over the same period last year. EPS came in at $1.85, compared to $0.52 in the year-ago quarter.

Uber Technologies, Inc. (UBER) stock has soared over 90% in 2023 as Wall Street cheers its growth, strong management, and its race toward sustainable profitability.

Technology stocks have been big-time performers year-to-date, rewarding investors with gains following a dreadful 2022. Take, for example, the Zacks Computer & Technology sector, which is up 41% in 2023 compared to the S&P

Highwoods Properties (HIW) reported $207.29 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 1.7%. EPS of $0.94 for the same period compares to $0.47 a year ago.

Tech stocks were mixed late Thursday, with the Technology Select Sector SPDR Fund (XLK) shedding 0.5% and the Philadelphia Semiconductor index advancing 1.7%.

Tech stocks were higher Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the Philadelphia Semiconductor index advancing 3.1%.

The Zacks Rank #3 (Hold) soft drink bellwether Coca-Cola Company KO reported earnings on Jul 26 before market open and Zacks Rank #2 (Buy) PepsiCo Inc. PEP reported results in mid-July.  Both companies beat overall and raised view

U.S. new-home sales dropped in June for the first time since February. In June 2023, the sales of new single-family houses in the United States experienced a 2.5% decline, reaching a seasonally adjusted annualized rate of 697,000.

For the quarter ended June 2023, Wex (WEX) reported revenue of $621.3 million, up 3.9% over the same period last year. EPS came in at $3.63, compared to $3.71 in the year-ago quarter.

MarineMax (HZO) reported $721.84 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 4.8%. EPS of $2.07 for the same period compares to $3.17 a year ago.

For the quarter ended June 2023, First American Financial (FAF) reported revenue of $1.65 billion, down 20.1% over the same period last year. EPS came in at $1.35, compared to $1.97 in the year-ago quarter.