Learn the trade here. Make it on tradeMONSTER

Options Trading News

April 25, 2013  Thu 7:31 AM CT

AKAM: SEE CHART GET CHAIN FIND STRATEGIES
Earnings, Revenue Beat The Street

Akamai Technology earned $0.51 a share on revenue of $386 million. That was better than the consensus estimates for $0.46 on the bottom line and $357.6 million on the top line. AKAM surges 18 percent before the bell on my tradeMONSTER platform.

Intuit Drops on TurboTax Weakness

Intuit said revenue will be no more than $2.175 billion in the third quarter ending this month, below its previous guidance of $2.215 billion to $2.275 billion. Earnings of $2.92 to $2.94 a share will also lag the earlier estimate of $2.99 to $3.04. Management cited weak sales of TurboTax. That has INTU down 12 percent in the pre-market.

Infinera Rallies on Quarterly Results

Infinera reported first-quarter revenue of $125 million, while analysts had only projected $119.6 million. The company's per-share net loss was also $0.06, narrower than the $0.07 expected loss. INFN rallies 19 percent in early trading.
Share this article with your friends


Related Stories

AKAM

Akamai draws bullish 3-way bet

April 3, 2014

The cloud-computing company has fallen below its 50-day moving average and is trading back to levels from early February, but one trader is looking for a rebound.

Premium Services

Education & Strategy

When cash is king (of hedging)

Whether your trades are winning or losing, it can be tempting to add to your positions. But in either case,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER