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5 Positive Tech Reports Moving After-Hours

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Spring flowers are out in New York, and tech stocks get their revenge

Some of the world’s largest technology companies just released their earnings results, so let’s take a quick look at five that are on the move in the after-hours trading session.

Amazon.com, Inc.(NASDAQ: AMZN) is up over 6% after reporting Q1 2018 net sales of $51.04 billion and diluted EPS of $3.27, both of which surpassed the consensus estimates.

Microsoft Corporation (NASDAQ: MSFT) is up a fraction of a percent after reporting Q3 2018 revenue of $26.82 billion and diluted EPS of $0.95, both of which beat the consensus estimates.

Intel Corporation (NASDAQ: INTC) is up over 8% after reporting Q1 2018 revenue of $16.07 billion and adjusted EPS of $0.87, both of which surpassed the consensus estimates.

Baidu Inc. (NASDAQ: BIDU) is up over 5% after reporting Q1 2018 revenue of $3.33 billion and adjusted EPS of $2.60, both of which beat the consensus estimates.

Western Digital Corp. (NASDAQ: WDC) is up over 2% after reporting Q3 2018 revenue of $5.01 billion and adjusted EPS of $3.63, both of which surpassed the consensus estimates.

-JP Gravitt

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