earned $139 million, or 60 cents a share, for the second quarter ended June 30, versus $134.7 million, or 58 cents a share, a year ago. Revenue for the quarter rose 13% to $1.36 billion from $1.2 billion last year. Excluding restructuring charges, the company earned 67 cents a share. Analysts expected a profit of 65 cents a share on revenue of $1.32 billion, according to Thomson First Call. For the year, Pitney Bowes expects to earn, excluding items, $2.66 a share to $2.72 a share, compared with Wall Street's forecast of $2.67 a share. The stock was down 49 cents, or 1.11%, to $43.52 in after-hours trading.
posted a profit of $67.6 million, 18 cents a share, for the second quarter ended July 1, compared with $75.3 million, or 20 cents a share, a year ago. Included in the latest results is a tax provision of $21 million related to the planned repatriation of $400 million in foreign earnings, and a tax benefit of $15.2 million from the settlement of federal and California income tax audits during the quarter. Excluding the items, the company earned 19 cents a share. Revenue for the quarter was $285.5 million. Analysts expected a profit of 18 cents a share, on sales of $277.3 million, according to Thomson Fist Call. The stock was up 27 cents, or 1.2%, to $22.80 in after-hours trading.
said it earned $628 million, or 38 cents a share, for the second quarter ended June 30, up from $441 million, or 25 cents a share, a year ago. Revenue for the quarter was flat at $3.24 billion. Excluding tax-related benefits, Texas Instruments earned 32 cents a share. Analysts polled by Thomson First Call expected earnings of 29 cents a share on revenue of $3.2 billion. In a separate announcement, the company also announced that it has increased its annual dividend to 12 cents from 10 cents and it has expanded its share repurchase program by $2 billion. The stock was up $1.75, or 5.72%, to $32.35 in after-hours trading.
American Power Conversion
posted a profit for the second quarter ended June 26 of $41.9 million, or 21 cents a share, on revenue of $480.6 million. This compares with a profit of $26.8 million, or 13 cents a share, on revenue of $395.7 million, a year ago. Analysts had forecast a profit of 20 cents a share on sales of $444 million, according to Thomson First Call. The stock was up $1.65, or 6.42%, to $27.35 in after-hours trading.
posted a 12% decline in quarterly earnings that reflected a big gain in the year-ago period. The company earned $114.2 million, or 70 cents a share, compared with $129.3 million, or 79 cents a share, last year. Revenue rose 24% from last year to $817.3 million. Despite the lower earnings, the company beat on both the bottom and top lines, where Wall Street was forecasting 69 cents a share and $768 million.