Thursday's Late Winners & Losers

Stock quotes in this article: RIMM , TIBX , GTOP , JBL , MU  

Research in Motion (RIMM Quote) led the tech winners after the bell on Thursday. RIMM has jumped nearly 12% since the Canada-based company doubled its fiscal third-quarter profit.

The maker of Blackberry handheld devices earned a reported $370.5 million, or 65 cents a share, compared with 31 cents a share a year ago. $10.7 million of that derived from a tax-related gain. Revenue roughly doubled to $1.67 billion, coming ahead of the $1.65 billion average analysts estimate from Thomson Financial.

RIMM also pegged current-quarter sales at an above par range of $1.8 billion and $1.87 billion. Wall Street is seeking $1.75 billion. Shares were gaining $12.60 to $119.59.

Tibco Software (TIBX Quote), meanwhile, added 5.9% with the share price climbing to $7.75 after saying that non-GAAP income totaled $34.2 million, or 18 cents a share, beating analysts' per-share estimates by 3 cents. A year ago, the Palo Alto, Calif., company made 14 cents a share. Revenue, at $186.1 million, was also higher than expected.

Also among the late losers was Jabil Circuit (JBL Quote) which surrendered 10.6% to $16.47 after the tech-products maker estimated fiscal second-quarter "core" profit of 16 cents to 20 cents a share, which would come in well under the 31-cent average analyst call. Sales should be between $3 billion and $3.1 billion -- at least $200 million below targets.

In the quarter ended Nov. 30, the St. Petersburg, Fla., company's core income leapt by 24.1% to 36 cents a share, which meets the consensus.

  • Loading Comments...
  •  
< Previous
1 2

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.55
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services