were among technology's winners Friday, jumping 16% after the networking-equipment company posted better-than-expected third-quarter results and guided fourth-quarter revenue forecasts higher.
The company earned $8 million, or 23 cents a share, on revenue of $151.6 million. Excluding certain items, earnings were $11.9 million, or 35 cents a share. Analysts polled by Thomson First Call expected earnings of 32 cents a share, before items, on revenue of $140.4 million. During the year-earlier period, the company earned $8.6 million, or 25 cents a share, on revenue of $111.3 million.
For the fourth quarter, Netgear projected revenue of $153 million to $160 million, above analysts' forecast of $148.3 million. Shares were up $3.87 to $27.51.
shares rose 11% after the Web-development services company reported higher-than-expected third-quarter results and issued solid guidance. For the third quarter, the company earned $14.8 million, or 33 cents a share, on revenue of $75.3 million. Excluding items, earnings were $18.7 million, or 41 cents a share. Analysts expected earnings of 38 a share on revenue of $74 million. During the year-earlier period, the company posted adjusted earnings of $13.2 million, or 31 cents a share, on revenue of $53.2 million.
Looking ahead, Digital River forecast adjusted fourth-quarter earnings of 46 cents a share, a penny above analysts' average forecast. The company sees revenue of $82.4 million, compared with Wall Street's target of $81.9 million. For 2007, meanwhile, the company projects adjusted earnings of $2.14 a share, with revenue of $380 million. Analysts project 2007 earnings of $2.11 a share and revenue of $364.7 million. Shares were up $5.81 to $57.92.
jumped 11% after the semiconductor-equipment maker's third-quarter results exceeded expectations. The company earned $4.2 million, or 18 cents a share, on revenue of $74.8 million. Wall Street expected earnings of 12 cents a share and a top line of $64.1 million. During the year-earlier quarter, Cohu earned $9.6 million, or 42 cents a share, on revenue of $66.8 million. Shares were advancing $2.04 to $20.94.
plunged 16% after the chip company's fourth-quarter revenue forecast fell short of Wall Street's target. For the third quarter, the company posted adjusted earnings of $21.4 million, or 24 cents a share, on revenue of $78.3 million. Analysts expected earnings of 21 cents a share and revenue of $77.6 million. During the year-earlier quarter, the company earned $14.1 million, or 17 cents a share, on revenue of $56 million.
Silicon Image said it expects fourth-quarter revenue to drop 3% to 5% on a sequential basis, implying revenue of $74.1 million to $75.7 million. Analysts project revenue of $79.1 million. Shares were trading down $2.33 to $11.86.
tumbled 13% after the maker of computer systems reported disappointing third-quarter results and gave a fourth-quarter guidance that was well-below expectations. The company posted adjusted third-quarter earnings of $4.6 million, or 18 cents a share, on revenue of $81.4 million. Analysts expected earnings of 19 cents a share on revenue of $85 million. During the year-earlier period, the company earned $5.8 million, or 24 cents a share, on revenue of $74.9 million.
RadiSys forecast a fourth-quarter adjusted loss of 4 cents to 9 cents a share, with revenue of $57 million to $63 million. Analysts predict a profit of 22 cents a share and revenue of $87.9 million. Shares were sliding $2.61 to $17.68.
Other technology movers included
, up 24 cents to $5.60;
, up 39 cents to $28.74;
Sirius Satellite Radio
, up 7 cents to $3.91;
, down 20 cents to $21.57;
, down 11 cents to $1.91;
, down 51 cents to $18.21;
, up 19 cents to $15.02; and
, down 13 cents to $24.06.