Friday's Tech Winners & Losers

Updated from 11:53 a.m. EDT

Although the broader technology market headed higher Friday, there were plenty of tech names moving to the downside.

Syntax-Brillian(BRLC Quote - Cramer on BRLC - Stock Picks) got whacked after the maker of high-definition televisions posted disappointing third-quarter results. For the quarter ended March 31, the company earned $5.5 million, or 9 cents a share, on revenue of $162.9 million. Analysts expected a bigger profit of 12 cents a share on revenue of $167 million.

Looking ahead, Syntax-Brillian now sees full-year revenue of $682 million to $702 million. Previously, the company forecast revenue of $650 million to $700 million. Analysts project revenue of $678.7 million. Shares closed down $1.41, or 16.8%, to $7.

Elsewhere, Mamma.com(MAMA Quote - Cramer on MAMA - Stock Picks) plunged 15.3% after the Internet search engine posted a wider first-quarter loss. The company reported a loss of $1.4 million, or 10 cents a share, on revenue of $2.6 million. Results included employee termination costs of $685,000. During the year-ago period, the company reported a loss of $875,000, or 6 cents a share, on revenue of $2.2 million. Shares closed down 85 cents to $4.70.

Similarly, Aviza Technology(AVZA Quote - Cramer on AVZA - Stock Picks) tumbled 17.8% after the chip-equipment maker swung to a second-quarter profit, but cut its full-year earnings guidance. The company earned $1.4 million, or 7 cents a share, on revenue of $61.6 million. During the year-earlier quarter, the company reported a loss of $5.3 million, or 52 cents a share, on revenue of $36.2 million.

Looking ahead, the company now sees a full-year profit that will be less than $500,000 on revenue of $220 million to $240 million. Previously, the company said that earnings would be about 2% of revenue. The company blamed the outlook on higher operating costs in the U.K. -- as a result of the strength of the British pound vs. the U.S. dollar -- and blamed an income tax expense as well. The company also said that results will be hurt by its transition to a new enterprise software system. Shares were down $1.45 to $6.71.

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