Today's Tech Winners and Losers

Shares of Aeroflex(ARXX) were among technology's winners Thursday, jumping 13% after the maker of integrated circuits posted in-line third-quarter results and projected fourth-quarter results above Wall Street's expectations.

For the third quarter ended March 31, the company earned $7.7 million, or 10 cents a share, on revenue of $140.5 million. Excluding items, Aeroflex recorded earnings from continuing operations of $11.5 million, or 15 cents a share. Analysts polled by Thomson First Call expected earnings of 15 cents a share, before items, on revenue of $140.5 million. During the year-earlier period, the company earned $3.9 million, or 5 cents a share, on revenue of $113.8 million. Excluding items, year-ago earnings were $6.2 million, or 8 cents a share.

Aeroflex sees adjusted fourth-quarter earnings of 17 cents a share and revenue of about $149 million. Analysts project earnings of 16 cents a share on revenue of $148.4 million. Shares were trading up $1.62 to $14.14.

Merix(MERX) slumped 14% after the maker of printed circuit boards said it plans to sell $60 million in convertible notes. The 4% notes, which are due May 2013, will be sold to institutional investors. The sale is expected to close May 16. Merix plans to use proceeds from the offering to retire various debt obligations. Shares were trading down $1.94 to $11.56.

Shares of Comsys IT Partners(CITP) vaulted 20% after the information technology staffing-services company posted improved first-quarter results. The company reported earnings of $1.7 million, or 9 cents a share, on revenue of $178.6 million. The results included severance-related charges of $1.9 million, or 10 cents a share. One analyst had a forecast for earnings of 4 cents a share and revenue of $174 million. Last year, the company reported a first-quarter loss of $206,000, or a penny a share, on revenue of $165 million. The results during the year-ago quarter included restructuring charges of $3.4 million, or 22 cents a share.