Shares of Bottomline Technologies(EPAY Quote) were among technology's winners Thursday, jumping 12% after the payment-software company's second-quarter results topped expectations.
For the period ended Dec. 31, the company reported a loss of $2.1 million, or 9 cents a share, on revenue of $29.7 million. Excluding items, the company earned $2.4 million, or 10 cents a share. Analysts polled by Thomson First Call expected earnings of 2 cents a share and revenue of $27.2 million. In the year-earlier quarter, the company had adjusted earnings of $3.6 million, or 16 cents a share, on revenue of $26.1 million. Shares were trading up $1.27 to $11.74. Symantec(SYMC Quote) rose 3% after the security-software maker posted better-than-expected third-quarter earnings and backed its fourth-quarter guidance. For the period ended Dec. 29, the company earned $113.7 million, or 12 cents a share, on revenue of $1.31 billion. Excluding items, adjusted earnings were $247.8 million, or 26 cents a share. Adjusted revenue came in at $1.32 billion. Analysts expected adjusted earnings of 25 cents a share on revenue of $1.31 billion. During the year-earlier period, the company posted adjusted earnings of $282.4 million, or 26 cents a share, on revenue of $1.25 billion. Symantec continues to see fourth-quarter adjusted earnings of 18 cents to 20 cents a share, slightly below Wall Street's forecast of 21 cents. The company predicts adjusted revenue of $1.25 billion to $1.28 billion. Analysts project revenue of $1.27 billion. Separately, Symantec announced a $1 billion share-buyback plan. Shares were trading up 54 cents to $18.02.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,390.11 | 1,103.25 | 2,189.61 | 34.48 |
Oil *
76.70
|
|
UP
1.21
|
DOWN
2.73
|
DOWN
4.74
|
DOWN
0.35
|
10 Yr
3.45%
SPDR Gold
113.11
|
|
+0.01%
|
-0.25%
|
-0.22%
|
-1.00%
|
Data delayed 20 minutes |














