Thursday's Tech Winners & Losers

Shares of Neoware(NWRE Quote) were among technology's losers Thursday, plummeting 42% after the software company warned that fourth-quarter revenue will be well below its prior forecast.

For the period ending June 30, Neoware expects revenue of $23 million to $24 million, or slightly higher. Previously, the company projected revenue of $29 million. Analysts polled by Thomson First Call project revenue of $30.7 million. For the full fiscal year, the company anticipates revenue of $107 million to $108 million, below analysts' target of $114.4 million.

"Revenues for the June quarter were impacted by lower-than-expected sales to certain existing customers in the U.S. and Europe during the last two weeks of the quarter," the company said. "Sales growth from new customers did not increase enough to offset these lower than expected sales to existing customers." Shares were trading down $8.48 to $11.71.

Merix(MERX Quote) jumped 12% after the maker of printed circuit boards posted better-than-expected fourth-quarter results and gave a strong projection for the first quarter. For the quarter ended May 27, the company earned $3.5 million, or 17 cents a share, on revenue of $100.4 million. Excluding items, Merix posted earnings of $3.9 million, or 19 cents a share. Analysts expected earnings of 14 cents a share and revenue of $94.3 million. A year earlier, the company posted an adjusted loss of $124,000, or a penny a share, on revenue of $51.6 million.

Merix sees first-quarter earnings of 31 cents to 35 cents a share, excluding stock-based compensation costs and amortization of intangibles. Analysts project earnings of 16 cents a share. Merix predicts first-quarter revenue of $102 million to $106 million, above analysts' forecast of $98.7 million. Shares were trading up $1.12 to $10.30.

Shares of Micron Technology(MU Quote) fell 7% after the chipmaker posted mixed third-quarter results. For the period ended June 1, the company earned $89 million, or 12 cents a share, above analysts' forecast of 10 cents a share. But Micron's revenue of $1.31 billion fell short of Wall Street's estimate of $1.37 billion. For last year's third quarter, the company posted a loss of $127.9 million, or 20 cents a share, on revenue of $1.05 billion. Shares were down $1.11 to $14.85.