Google, Microsoft, SanDisk: Tech Premarket
The search giant comfortably beat Wall Street's earnings forecast, although revenue came in slightly below expectations.
Google's stand-alone revenue, which excludes revenue from its recent Motorola Mobility acquisition, was $10.96 billion, up from $9.03 billion in the prior year's quarter.
The company's CEO Larry Page, however, was a notable absentee from the earnings conference call. Page has recently been absent from public events, prompting one analyst on the call to quiz Google's chief business officer Nikesh Arora on the CEO's health.
"There is no more new news on Larry -- he has lost his voice," replied Arora. "This means that he can't do any public speaking, including today's conference call."
Arora, however, emphasized that Page continues to run the company. "He's here and involved in all the strategic decisions we are making," he added.
Microsoft(MSFT) was another gainer on Friday, rising 0.93% to $30.95 after reporting its fourth-quarter results after market close on Thursday.
The software maker posted mixed numbers, with earnings topping estimates on strong growth in its server and tools business, but with revenue coming in slightly below analysts' estimates.
Microsoft was also one of the most active premarket Nasdaq stocks on share volume of 258,909.
SanDisk was also an active pre-arket Nasdaq stock on share volume of 165,285.