Shares of LTX-Credence (LTXC), the semiconductor test equipment maker that last week said it would merge with Verigy (VRGY), is trading down this morning after the company missed fiscal Q1 revenue estimates and forecast Q2 earnings well below estimates.
Q1 revenue rose 81%, year over year, to $75.6 million, below the [...]

Article courtesy of BARRONS.com: Tech Trader Daily

MicroStrategy (MSTR) shares are trading down sharply after the business intelligence software company late yesterday reported disappointing Q3 profits.
For the quarter, MSTR posted revenue of $114.5 million, ahead of the Street at $108.8 million. But profits of 63 cents a share came up way short of the Street consensus at [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Avid Technology (AVID) shares are trading down sharply this morning on Street disappointment with the company’s Q1 results.
Avid, which makes editing equipment for the broadcasting industry, reported Q1 revenue of $155.9 million, which was actually slightly above the Street at $153.7 million; but the company lost 12 cents a share, [...]

Article courtesy of BARRONS.com: Tech Trader Daily