Tuesday's Tech Winners & Losers

Shares of Palm(PALM Quote) were among technology's losers Tuesday, sliding 8% after the handheld-device maker slashed its fiscal second-quarter guidance.

For the period ending Dec. 1, the company now sees adjusted earnings of 15 cents to 16 cents a share, with revenue of $390 million to $395 million. Previously, the company predicted adjusted earnings of 20 cents to 23 cents a share and revenue of $430 million to $450 million. Analysts polled by Thomson First Call project adjusted earnings of 22 cents a share and revenue of $442.6 million.

Palm said that second-quarter results were hurt by a delay in completing the certification process for its Treo 750 smartphone product, which was expected to ship during the quarter. The company now expects to ship the new Treo during its third quarter. Shares were trading down $1.24 to $14.13.

Skillsoft(SKIL Quote) rose 6% after the maker of Internet-based employee-training courses posted better-than-expected third-quarter results and lifted its full-year guidance. For the period ended Oct. 31, the company earned $7.1 million, or 7 cents a share, on revenue of $57.1 million. Analysts expected earnings of 5 cents a share and revenue of $55.8 million. During the year-earlier period, the company earned $5.7 million, or 6 cents a share, on revenue of $53.9 million.

Skillsoft now sees full-year earnings of 20 cents to 21 cents a share, above its earlier projection of 17 cents to 20 cents. The company raised its revenue forecast to $223.5 million to $225 million from a prior target of $218 million to $222 million. Analysts, on average, project earnings of 20 cents a share and revenue of $222.4 million. Shares were trading up 38 cents to $6.47.