were among technology's winners Friday, rising 16.9% after the company won a research contract worth $2.4 million from the Defense Advanced Research Projects Agency.
The supplier of imaging technologies will build the world's highest resolution video camera for the agency. "The camera will be used for aerial surveillance missions, with applications including border patrol, battle surveillance and foreign intelligence," the company said. Shares traded up 42 cents to $2.90.
rose 9.2% after the company reported first-quarter earnings that topped Wall Street's forecasts. The Linux software distributor earned $12.4 million, or 7 cents a share, on sales of $60.8 million. Analysts were expecting earnings of 5 cents a share on sales of $61.3 million. A year ago, the company earned $11.8 million, or 6 cents a share, on sales of $41.8 million. Shares traded up $1.21 to $14.31.
rose 1.3% after the company signed an interim agreement to extend its information technology outsourcing contract with
. The contract extension has a potential value of $1.9 billion. The tentative agreement, which will be finalized during the fourth quarter, will extend the deal seven years and seven months beyond the term of the current contract. The contract was supposed to expire on May 31, 2007. Shares traded up 58 cents to $44.28.
fell 7.6% after the company warned that second-quarter sales wouldn't meet expectations. The company now expects to post sales of $13.6 million to $14.1 million, down from previous guidance of $16 million to $17 million. The company also expects a loss of 6 cents to 8 cents a share. The company blamed the weak outlook on order delays. Shares traded down 23 cents to $2.82.
fell 8% after the company slashed its second-quarter earnings and sales estimates. The company now expects to break even or post earnings of up to 2 cents a share on sales of $10.7 million to $11 million. Previously, the company forecast earnings of 5 cents to 9 cents a share on sales of $13 million to $14 million. The single-analyst estimate called for earnings of 5 cents a share on sales of $14.3 million, according to Thomson First Call. Performance Technologies blamed the sales shortfall on delayed second-quarter orders that have been pushed out into the future. The order delays were further compounded, it said, by a general weakness in demand from several of its telecommunications customers. Shares traded down 44 cents to $5.09.
Other technology movers included
, down 13 cents to $24.71;
, down 8 cents to $3.65;
, up 9 cents to $13.29;
, down 9 cents to $18.99;
Sirius Satellite Radio
, up 7 cents to $6.55;
, up 19 cents to $26.21; and
, up 3 cents to $2.94.