Tuesday's Tech Winners & Losers

Updated from 11:29 a.m. EDT

Shares of DivX(DIVX) were among technology's winners Tuesday, jumping 11.9% after the software maker boosted its first-quarter earnings and revenue guidance.

The company now sees sequential pretax earnings that will be at or above fourth-quarter results of 21 cents a share. Previously, the company said that earnings would be at or slightly below fourth-quarter earnings. Analysts polled by Thomson First Call project earnings of 13 cents a share. DivX now sees revenue of $19.8 million to $20.2 million, up from an earlier view of $17.3 million to $19.3 million. Analysts project revenue of $18.7 million. "Through the first quarter of 2007, we saw continuing evidence that consumers are choosing Divx to enrich their media experience," the company said. Shares closed up $2.40 to $22.50.

Chordiant Software(CHRD) rose 2.6% after the software company said it would post better-than-expected second-quarter results. For the period ended March 31, the company sees earnings of 11 cents to 16 cents a share on revenue of $31 million to $33 million. Analysts project earnings of 5 cents a share on revenue of $27.2 million. During the year-earlier period, the company posted a loss of 3 cents a share on revenue of $26 million.

"The record revenue and profits we expect to report this quarter are primarily due to the strong performance in our international business, the acceleration of percentage of completion project implementations in Europe, and greater enablement of our partners resulting in fewer Chordiant resources being required on some project implementations," the company said. Chordiant plans to issue and discuss second-quarter results on April 30. Shares closed up 30 cents to $12.