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palmOne's(PLMO Quote) fourth-quarter earnings jumped 33% from a year ago, beating estimates thanks to brisk sales of its Treo wireless device. The company also raised revenue guidance.
palmOne earned $17.7 million, or 35 cents a share, in the quarter, compared with earnings of $13.3 million, or 27 cents a share, last year. Revenue rose 26% from a year ago to $335.8 million. Backing out items, the company earned $19.2 million, or 37 cents a share, in the most recent quarter.
Analysts had been forecasting pre-item earnings of 31 cents a share on sales of $332.3 million. ...
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