said it earned $966 million, or 33 cents a share, for the second quarter ended April 30, vs. $884 million, or 29 cents a share, a year ago. Revenue for the quarter was $21.57 billion. Excluding certain items, the company earned 37 cents a share. Analysts expected earnings of 36 cents a share on revenue of $21.4 billion, according to Thomson First Call.
For the third quarter, H-P expects to earn 29 cents to 31 cents a share on revenue in the range of $20.3 billion to $20.7 billion, which excludes an expected charge of $100 million, or 3 cents a share. Wall Street was expecting profits of 32 cents a share on revenue of $20.34 billion. The stock was up 75 cents, or 3.48%, to $22.30 in after-hours trading.
has chosen it to supply DVD playback software for the Xbox 360 video-game and entertainment system. InterVideo rose more than 15% after hours Tuesday, although it wasn't doing serious volume Wednesday morning.
rose after saying it received a $380,000 order from an unnamed customer for an unnamed product in the medical device market. The company said the customer is new and the order should ship in the second quarter. The stock was recently up 35 cents, or 6%, to $6.23.
( BGP) reported a loss of $5.3 million, or 7 cents a share, for the first quarter ended April 23, compared with a profit of $2.3 million, or 3 cents a share, a year ago. Total revenue for the quarter was $853 million. Analysts expected a loss of 6 cents a share on revenue of $855.3 million, according to Thomson First Call. Total consolidated sales were $847.2 million.
For the second quarter, Borders expects to earn 2 cents to 6 cents a share, which includes an after-tax charge of about 2 cents a share. For the full year, the company expects to earn $1.70 to $1.84 a share, which includes an after-tax charge of 9 cents to 11 cents a share. Wall Street's forecast for the second quarter was 9 cents a share and for the full year was $1.80 a share. The stock was down 21 cents, or 0.8%, to $25.03 in after-hours trading.
announced that its board authorized the repurchase of $20 million worth of the company's outstanding common shares over the next 18 months. The stock was up 10 cents, or 2.26%, to $4.52 in after-hours trading.