Updated from 12:25 p.m.
Shares of Sonic Solutions(SNIC Quote) were among technology's losers Wednesday, falling 16.2% after the company warned that fourth-quarter numbers would fall below forecasts.
Excluding items, the company posted earnings of $4.9 million, or 18 cents a share, on sales of $20.6 million. Analysts polled by Thomson First Call were expecting earnings of 16 cents a share on sales of $21.1 million. Looking ahead, Sonic Solutions forecast fourth-quarter earnings of 25 cents to 27 cents a share on sales of $35 million to $38 million. Analysts had been expecting earnings of 28 cents a share on sales of $39.3 million. For 2006, Sonic expects GAAP earnings of $1.20 to $1.30 a share on sales of $155 million to $165 million. Analysts are expecting earnings of $1.36 a share on sales of $172.5 million. Shares traded down $2.93 to $15.19. ...
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