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Tech Five: Nokia shares slide off earnings


Nokia missed on second quarter earnings, and its stock price is sliding as a result. But they're not the only one on the way down in early trading.

Let's look at tech stocks to watch Thursday:

Nokia. Shares of the networking company fell in early trading after reporting a larger loss than forecast for the second quarter. Nokia reported a loss of 12 cents a share, missing estimates of a four-cents-per-share loss, according to S&P Global Market Intelligence. CEO Rajeev Suri says it will complete its acquisition of networking company Alcatel-Lucent in October.

Tesla. Although the electric car maker posted a 31% jump in revenue for the second quarter, its losses were larger than Wall Street anticipated. Tesla also sought to reassure investors, noting production and demand remain "on track."

GoDaddy. Shares of the domain registrar jumped after beating second quarter revenue estimates, and trimming losses. According to The Wall Street Journal, GoDaddy also boosted revenue guidance for the current quarter.

Gogo. The wireless internet service trimmed losses for the second quarter, and also topped Wall Street estimates on revenue. The company reported revenue of $147.54 million.

Dish. Add the company to the list of TV services offering skinny bundles. Starting Thursday, Dish will offer a smaller bundle of channels starting at $39.99 a month.

Follow Brett Molina on Twitter: @brettmolina23.