Shares of hosted software vendors RightNow Technologies (RNOW) and Concur Technologies (CNQR) both dipped in late trading after the companies announced lackluster forecasts.
RightNow, which makes customer management software, reported Q4 revenue of $51.4 million, up 24%, and ahead of the average $50.8 million estimate. EPS of 17 cents was better [...]
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Shares of International Rectifier (IRF) are higher by 87 cents, or 2.7%, at $32.90 in late trading after the company this afternoon reported fiscal Q2 earnings ahead of estimates, and forecast Q3’s revenue comfortably ahead as well.
Q2 revenue rose 34% to $282 million, yielding EPS of 62 cents. Analysts had [...]
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Shares of Quantum (QTM), makers of back-up storage systems, plunged 89 cents, or 25%, in late trading, to $2.70, after the company reported fiscal Q3 revenue and EPS below estimates and a sharply underwhelming forecast as well.
Q3 revenue fell 3%, year over year, but rose quarter to quarter, to $176 [...]
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Shares of wireless chip maker RF Micro Devices (RFMD) are down 51 cents, or 6.66% — Yikes! — at $7.15 in late trading after the company reported fiscal Q3 revenue fell rose 11%, year over year, to $279 million, missing analysts’ $286 million estimate. Revenue was down roughly 2% quarter [...]
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Shares of IBM (IBM) are up $2.66, or 1.8%, in late trading at $154, after the company reported Q4 revenue and profit ahead of estimates, and forecast the year’s profit in line with expectations.
Q4 revenue rose 7%, year over year, to $29 billion, yielding profit per share of $4.18, up [...]
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Shares of LED maker Cree (CREE) are down $7.17, or 11%, at $55.54 in late trading after the company missed fiscal Q2 revenue and earnings estimates, and forecast the current quarter below estimates as well.
Q2 revenue rose 29%, year over year, to $257 million, missing the average $277 million estimate. [...]
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Shares of Rovi (ROVI) after the company, which makes interactive program guides, are down $2.94, or almost 5%, at $59.84 in late trading after the company this afternoon projected revenue and earnings this year that are below the current consensus estimate on the Street.
Rovi held its analyst day at CES [...]
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Shares of memory chip maker Micron Technology (MU) are up 9 cents, or 1%, at $8.37 in late trading after the company reported fiscal Q1 revenue and earnings per share below consensus estimates.
Revenue in the three months ended in November rose 32% to $2.3 billion, falling short of estimates of [...]
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Shares of Linux distributor Red Hat (RHT) are down $1.08, or 2.3%, at $46.80 in late trading after the company narrowly surpassed Street estimates for fiscal Q3 revenue reported EPS in line.
Eerily similar results to Novell (NOVL) back on December 2nd. Novell is being bought out by Attachmate.
Revenue in the [...]
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Research In Motion (RIMM) shares are down 40 cents, or 0.7%, at $58.82 are up 98 cents, or 1.5%, at $60.22 are up $2.26, or 3.8%, at $61.50, in late trading after the company this afternoon reported fiscal Q3 revenue and EPS for the three months ending in November that [...]
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