Tech Stocks in Motion
Updated from 1:22 p.m. EST
Shares of Interchange (INCX) were among technology's losers Tuesday, falling 34.6% after the paid-search company posted fourth-quarter earnings that beat expectations but warned that first-quarter earnings would fall well below Wall Street expectations.
The company earned $1.2 million, or 14 cents a share, on sales of $5.97 million. A year ago, the company earned $114,000, or 4 cents a share, on sales of $2.78 million. Looking ahead, Interchange forecast first-quarter earnings of 2 cents to 3 cents a share on sales of $6.3 million to $6.5 million. Analysts had been expecting earnings of 8 cents a share. For all of 2005, the company forecast earnings of 9 cents to 17 cents a share on sales of $31 million to $33 million. Analysts had been expecting earnings of 37 cents a share. Shares traded down $7.16 to $13.53.
Checkpoint Systems (CKP) fell 6.1% after the company postponed its fourth-quarter results. The labeling systems maker said the delay would give the company's independent accountant time to audit fourth-quarter results and give the company time to review the results as well. Checkpoint had expected to announce earnings Tuesday morning, but will now release them on March 8. Analysts are expecting fourth-quarter earnings of 31 cents a share on sales of $212.9 million. Shares traded down $1.02 to $15.67.Shares of Wind River Systems (WIND) jumped 15.8% after the company posted fourth-quarter earnings that were better than expected and said that fiscal 2006 earnings and sales would be ahead of expectations. The software optimization company posted pro forma earnings of $6.1 million, or 7 cents a share, on sales of $63.6 million. Analysts were expecting earnings of 5 cents a share on sales of $62 million. A year ago, the company earned $3.2 million, or 4 cents a share, on sales of $55.6 million.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV