Veritas Software

(VRTS) - Get Report

said it earned $105 million, or 24 cents a share, for the first quarter ended March 31, compared with $100 million, or 22 cents a share, a year ago. Revenue for the quarter was $559 million. Included in net income were non-cash charges of $8.5 million, as wells as $12 million of expenses related to the pending merger with

Symantec

(SYMC) - Get Report

. Analysts expected a profit of 24 cents a share on revenue of $535.5 million, according to Thomson First Call.

For the second quarter, the company expects earnings of 15 cents to 20 cents a share on revenue in the range of $500 million to $540 million. Analysts were expecting profits of 25 cents a share on revenue of $551.1 million. Veritas was recently down 9 cents to $20.97.

CFC International

(CFCI)

agreed to be acquired by private equity firm Audax Group for $109.4 million, or as much as $20 a share. The deal is expected to close in the third quarter. CFC also said it earned $1.5 million, or 33 cents a share, for the first quarter ended March 31, vs. $1.2 million, or 26 cents a share a year ago. Revenue for the quarter was $23 million. The stock fell $4.93, or 20.5%, to $19.07 Wednesday.

United Online

(UNTD)

said it earned $11.5 million, or 18 cents a share, for the first quarter ended March 31, vs. $12.4 million, or 18 cents a share a year ago. Revenue for the quarter was $130.5 million. Analysts expected earnings of 18 cents a share on revenue of $127.9 million, according to Thomson First Call. The company raised its estimate of full-year pro forma earnings to as much as $132 million and initiated a 20-cent quarterly dividend. The shares gained $2.17, or 24%, to $11.03.

Cephalon

( CEPH) said it earned $26.7 million, or 44 cents a share, for the first quarter ended March 31, compared with $21.7 million, or 36 cents a share, a year ago. Revenue for the quarter was $280 million. Excluding certain items, the company earned $36.3 million, or 59 cents a share. Analysts expected earnings of 52 cents a share on revenue of $289.1 million, according to Thomson First Call. For the second quarter, the company expects to earn 55 cents to 60 cents a share on revenue in the range of $280 million to $290 million. Analysts expected profits of 65 cents a share on revenue of $308.4 million, according to Thomson First Call. The stock was down 41 cents to $43.85.

Loudeye Corp

( LOUD) reported a loss of $7.5 million, or 7 cents a share, for the first quarter ended March 31, vs. a loss of $2.8 million, or 4 cents a share year ago. Revenue for the quarter was $6 million. Excluding certain items, the company lost $6.6 million, or 6 cents a share. Analysts expected a loss of 5 cents a share on revenue of $6.6 million, according to Thomson First Call. The stock fell 22 cents, or 19%, to 95 cents.