Early Stocks in Motion

Cisco beats by a penny.
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Cisco Systems

(CSCO) - Get Report

said it earned $1.41 billion, or 21 cents a share, for the third quarter ended April 30, compared with $1.21 billion, or 17 cents a share, a year ago. Revenue for the quarter was $6.19 billion. Pro forma earnings were $1.49 billion, or 23 cents a share. Analysts expected earnings of 22 cents a share on revenue of $6.16 billion, according to Thomson First Call. The stock was up 5 cents, or 0.27%, to $18.26 in after-hours trading.

Asyst Technologies

(ASYT)

lost $2.9 million, or 6 cents a share, for the fourth quarter ended March 31, versus a loss of $7.7 million, or 16 cents a share, a year ago. Revenue for the quarter was $142.1 million. Excluding certain items, the company had a loss of $2.5 million, or 5 cents a share. Analysts expected a loss of 13 cents a share on revenue of $124.3 million, according to Thomson First Call. For the first quarter, the company expects a loss of 6 cents to 10 cents a share on revenue of $120 million to $130 million. Wall Street was expecting a loss of 8 cents a share on revenue of $124.3 million. The stock was up 28 cents, or 8.19%, to $3.70 in after-hours trading.

Dream Works Animation

(DWA)

said it earned $46 million, or 44 cents a share, for the first quarter ended March 31, compared with a loss of $25 million, or 33 cents a share, a year ago. Revenue for the quarter was $167 million. Analysts expected earnings of 58 cents a share on sales of $175.2 million, according to Thomson First Call. For the full year, the company expects to earn $1 to $1.25 a share, well below Wall Street's forecast of $1.88 a share. The stock was down $5.38, or 14.74%, to $31.12 in after-hours trading.

Pacer International

(PACR)

said it earned $11.4 million, or 30 cents a share, for the first quarter ended April 8, compared with $9.4 million, or 25 cents a share, a year ago. Revenue for the quarter was $460.1 million. Analysts expected earnings of 29 cents a share on revenue of $464.7 million. The stock was up 3 cents, or 0.14%, to $21.52 in after-hours trading.

Forest Labs

(FRX)

announced that its board approved a new repurchase program covering up to 25 million common shares. The authorization is effective immediately. The stock was unchanged at $36.64.