Tech Stocks in Motion

Shares of Eclipsys(ECLP Quote) were among technology's winners Tuesday, rising 11% after the software company posted second-quarter results that were better than Wall Street expectations.

The company, which provides software to the health-care industry, reported a loss of $2.5 million, or 5 cents a share, on sales of $95.9 million. Excluding $2.2 million, or 5 cents a share, in transition costs related to the company's former chief executive, the company would have reported break-even results. Analysts polled by Thomson First Call were expecting a loss of 2 cents a share on sales of $89 million. A year ago, the company reported a loss of $10 million, or 21 cents a share, on sales of $73.6 million. Shares were trading up $1.57 to $15.47.

Earthlink(ELNK Quote) fell 2% after the company posted mixed second-quarter results and said that third-quarter sales would fall below expectations. The Internet service provider earned $43.8 million, or 31 cents a share, on sales of $325.7 million. Analysts were expecting earnings of 25 cents a share on sales of $330.3 million. A year ago, the company earned $49.7 million, or 31 cents a share, on sales of $348.6 million. Looking ahead, Earthlink forecast earnings of $26 million to $36 million on sales of $315 million to $320 million. Analysts are expecting earnings of $31.3 million, or 22 cents a share, on sales of $330.2 million. Shares were trading down 16 cents to $9.01.

Shares of Tellabs(TLAB Quote) rose 6% after the telecom-gear maker posted second-quarter earnings that were better than expected. The company earned $41.1 million, or 9 cents a share, on sales of $462.5 million. Excluding items, the company would have earned $57.9 million, or 13 cents a share. Analysts were expecting earnings of 7 cents a share on sales of $457.7 million. A year ago, the company posted pro forma earnings of $57.5 million, or 14 cents a share, on sales of $304.3 million. Tellabs said that strong customer demand across multiple product lines fueled its latest results. Shares were trading up 56 cents to $9.45.