Benzinga's Top #PreMarket Losers

Net 1 UEPS Technologies UEPS fell 36.91% to $6.00 in pre-market trading after gaining 0.96% on Wednesday. Net 1 UEPS Technologies is expected to release its Q3 results on May 9, 2014. International Business Machines IBM shares dropped 4.31% to $187.94 in pre-market trading after the company reported downbeat first-quarter revenue. IBM posted its adjusted earnings of $2.54 per share on revenue of $22.48 billion. However, analysts were projecting earnings of $2.54 per share on revenue of $22.93 billion. Mattel MAT dipped 3.25% to $36.65 in the pre-market session after the company reported Q1 results. Mattel reported a Q1 loss of $0.03 per share on revenue of $946.20 million. Google GOOGL dipped 2.07% to $552.20 in pre-market trading after the firm reported weaker-than-expected first-quarter earnings. Google posted its adjusted profit of $6.27 per share on adjusted revenue of $12.19 billion. However, analysts were estimating earnings of $6.36 per share on revenue of $12.41 billion.