Gilead Sciences

(GILD) - Get Report

reported earnings of $196 million, or 41 cents a share, for the second quarter ended June 30, versus $111.5 million, or 24 cents a share, a year ago. The health-care company cited strong demand for its HIV drugs. Revenue for the quarter was $495.3 million, up from $319.7 million last year. Analysts expected a profit of 36 cents a share on revenue of $456.8 million, according to Thomson First Call. The stock was down 54 cents, or 1.16%, to $46.06 in after-hours trading.

Millipore

(MIL)

said it earned $24 million, or 47 cents a share, for the second quarter ended July 2, compared with $28.5 million, or 57 cents a share, a year ago. The bioscience company reported revenue for the quarter of $245 million. "We are very pleased with the progress made in delivering another solid quarter, completely in line with our expectations and projections, said Martin D. Madaus, chairman and CEO. Excluding certain items, the company earned 59 cents a share. Analysts expected a profit of 58 cents a share or sales of $239.4 million. The stock was unchanged at $58.50.

Seagate Technology

(STX) - Get Report

swung a profit of $280 million, or 55 cents a share, for the fourth quarter ended July 1, versus a loss of $33 million, or 7 cents a share, a year ago. Revenue for the quarter was $2.18 billion. Seagate also said that it shipped a record 27.3 million disk drives in the quarter, which represents a 49% increase over the year-ago period. Analysts expected earnings of 51 cents a share on revenue of $2.1 billion, according to Thomson First Call. The stock was down 55 cents, or 2.83%, to $18.90 in after-hours trading.

Motorola

( MOT) posted earnings of $933 million, or 37 cents a share, for the second quarter ended July 2, compared with a loss of $203 million, or 8 cents a share, a year ago. Revenue for the quarter was $8.83 billion. Excluding certain items, the wireless company earned 26 cents a share. According to Thomson First Call, analysts expected earnings of 25 cents a share on revenue of $8.5 billion. The stock was down 63 cents, or 3.17%, to $19.22 in after-hours trading.

Sovereign Bancorp

( SOV) reported net income of $183 million, or 47 cents a share, for the second quarter ended June 30, versus $131 million, or 41 cents a year ago. Included in this latest quarter's earnings was reversal of merger and integration charges related to previous acquisitions of $5.5 million, after tax, or 1 cent a share. Analysts expected earnings of 46 cents a share, according to Thomson First Call. Looking forward, the bank said its 2005 earnings target of $2 will be very challenging to achieve due to the current interest rate environment. The stock was unchanged at $24.34.