( HYSL) were among technology's winners Monday, rising 5.2% after the company lifted its third-quarter earnings and sales outlook.
The software company now expects pro forma earnings of 46 cents to 48 cents a share on sales of about $177 million. Previously, the company forecast pro forma earnings of 40 cents to 45 cents a share on sales of $173 million to $178 million. Hyperion expects its license revenue to come in at the high end of its previous guidance of $66 million to $69 million. The company plans to report earnings on April 21. Shares traded up $2.36 to $47.44.
( APCS) rose 2.8% after the company said that it added 81,000 subscribers during the first quarter. The results included 26,000 subscribers that Alamosa gained through its acquisition of AirGate PCS. At the end of March, Alamosa had about 1.4 million total subscribers. Finally, average monthly customer churn for the combined company totaled 2.3% during March, within Alamosa's guidance of 2.6% or less for the year. Shares traded up 34 cents to $12.49.
( MUSE) rose 10.3% after the company said it was selected by the Atlas consortium to provide service management and assurance components as part of a contract awarded by the U.K Ministry of Defense that could be worth as much as $100 million to Micromuse. The first part of the contract is worth in excess of $50 million, but Micromuse said that if the U.K. defense ministry awards Atlas the next two phases of the project, the contract has the potential to be worth more than $100 million over a 10-year period.
Micromuse was also floated as a potential takeover candidate in a
column Saturday. Shares traded up 47 cents to $5.04.
fell 1.6% after the company unveiled an outsourcing plan designed to save about $25 million annually. The outsourcing agreement will move transaction-oriented services and support functions to a global business process outsource provider by the end of 2005, the company said. What's more, the company plans to restructure and consolidate other job functions in the North American region as well, leading to 550 job cuts. Shares traded down 25 cents to $15.82.
( TMTA) fell 15.7% after the company's auditor expressed doubt about the company's ability to continue as a going concern. The company, which disclosed the information in a 10-K annual report filed March 29, said that it was required to disclose the going-concern qualification because of
rules that require Nasdaq-listed companies to publicly announce going-concern language whenever a company includes the warning in its annual report. Ernst & Young, the company's auditor, said Transmeta's recurring losses from operations prompted the going-concern qualification. Shares traded down 14 cents to 76 cents.
Other technology movers included
, up 3 cents to $24.97;
, up 9 cents to $17.99;
, down 17 cents to $23.12;
( MCIP), up 17 cents to $26.01;
, down $1.82 to $41.92;
, down $1.19 to $33.97;
( FON), down 22 cents to $23.31; and
( LU), down 2 cents to $2.63.