The Night Watch: Manugistics Soaring, Juniper Grabbing Some Pennies

Manugistics (MANU) headed higher in Thursday's extended session after posting a narrower-than-forecast loss for the third quarter.

The company, which makes software that enables manufacturers to share their purchasing and inventory data with suppliers over the Web, said its adjusted third-quarter loss, excluding amortization, charges and other items, was $7.6 million, or 11 cents a share, compared with adjusted net income of $3.7 million, or 6 cents a share last year. The company previously told analysts its third-quarter loss would be in line with the second-quarter's loss of 16 cents a share.

Revenues fell to $68.7 million from $70 million in the year-ago quarter. Manugistics lately gained 9.2% to $17.29 on Instinet. ...