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( ERICY) reported a third-quarter loss of 5 cents a share, a penny below the consensus estimate. Revenue fell 18.9% to $5.16 billion. The company warned that fourth-quarter sales will be basically flat at $5.2 billion. Ericsson also said Michael Treschow will replace Lars Ramqvist as chairman.

Earnings Reports & Warnings

Duane Reade

(DRD) - Get DRDGOLD Limited Sponsored ADR Report

reported third-quarter income of 27 cents a share, a penny below Wall Street's forecast. The drugstore chain expects fourth-quarter earnings of 43 cents to 46 cents a share.

Taiwan Semiconductor

(TSM) - Get Taiwan Semiconductor Manufacturing Co. Ltd. Report

posted third-quarter earnings of 1 cent a share, a penny ahead of the First Call consensus. Revenue fell 43.3% to $778 million. The company continues to believe that business bottomed in second quarter. Taiwan Semi forecast further growth in the fourth quarter. The company also said capital spending in 2002 will be significantly lower than in 2001.


(UNH) - Get UnitedHealth Group Incorporated Report

reported third-quarter earnings of 71 cents a share, a penny above the consensus projection. Revenue rose 11% to $5.9 billion. The company expects earnings growth of 17% to 19% in 2002.

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Veeco Instruments

(VECO) - Get Veeco Instruments Inc. Report

earned 32 cents a share in the third quarter, excluding items, a penny better than analysts' expectations. Sales rose 43% to $116 million. The company also set plans to cut its staff by an additional 15% and lowered its fourth-quarter guidance.

After Thursday's Close

BMC Software


posted second-quarter earnings of 3 cents a share, beating expectations by a penny. Revenue totaled $293.8 million.


(FLEX) - Get Flex Ltd. Report

disclosed plans to cut 15% of its workforce, or 10,000 jobs, and reduce its manufacturing capacity by 20% in preparation for continued weakness in the contract manufacturing industry. The company also said second-quarter cash earnings were $73 million, or 15 cents a share, down from $105 million, or 22 cents a share, a year ago, but in line with expectations. Revenue rose slightly to $3.2 billion.

( HOTJ) reported third-quarter earnings of 2 cents a share, a penny above estimates. Revenue fell 4.5% to $27.5 million. The company is being acquired by

TMP Worldwide

( TMPW), which owns, a rival online job hunting operation.

JDS Uniphase


lost $1.2 billion, or 93 cents a share, in the first fiscal quarter. On a pro forma basis, excluding various costs, the company lost 20 cents a share, reversing the year-ago 18-cent profit. Sales slumped to $329 million from $786 million a year ago. Sequentially, the top line dropped 45%. JDS also became the latest in a growing list of high-profile companies to render Wall Street's estimates effectively meaningless. Analysts were looking for a loss of 3 cents a share, excluding items. But the company pointed out that its income before items figure -- the loss of 20 cents -- doesn't exclude the restructuring and other expenses associated with a cost-reduction and realignment program. The company didn't provide a comparable figure to First Call's estimates, but a televised report put the loss at 5 cents for the quarter, excluding the realignment costs.