said it will report a loss of 4 cents or 5 cents a share on revenue of $36 million to $37 million for the first quarter ended March 31. Previously, the company expected to break even or earn 1 cent a share on revenue of $42 million to $44 million. Analysts were looking for breakeven earnings on revenue of $40.4 million, according to Thomson First Call.
announced that it has secured an agreement to exclusively distribute music CDs to over 400
stores beginning in June. Under the pact, Source Interlink will provide distribution and music category management totaling approximately $50 million in annual sales. The stock was up 23 cents, or 2%, to $11.85 in the after market.
said that it was lowering its earnings forecast to a range of 8 cents to 10 cents a share on revenue of $74 million to $76 million, for the first quarter ended March 31. The company had previously given earnings guidance of 13 cents to 15 cents a share on revenue of $81 million to $84 million. Analysts were expecting 14 cents a share on revenue of $82.7 million, according to Thomson First Call. The company, whose shares plunged after hours, blamed weak software sales.
said that it anticipates a loss of 7 cents to 9 cents a share on revenue of $9.3 million to $9.7 million, for the first quarter ended March 31. Analysts were expecting earnings of 2 cents a share on revenue of $14.5 million. The company said merger activity in the telecommunications sector delayed the closing of several deals. The stock was down 45 cents, or 15.7%, to $2.42.
expects to lose 2 cents to 4 cents a share on revenue in the range of $21.4 million to $22.4 million, for the first quarter ended March 31. Analysts expected the company to earn 2 cents a share on revenue of $27 million, according to Thomson First Call. The company said the loss was from lower-than-expected orders from its Platform Solutions customers. The stock was down 61 cents, or 15.5%, to $3.33 in after-hours trading.
announced that the
Securities and Exchange Commission
has issued an order of investigation against the company. The company believes the inquiry relates to allegations of wrongdoing made by a former employee in 2003. Per-Se said it plans to cooperate with the SEC. The stock was down 87 cents, or 5.6%, to $14.48 in after-hours trading.