were among technology's winners Tuesday, rising 14% after the computer distributor posted second-quarter results that beat forecasts.
The company earned $6.7 million, or 21 cents a share, on sales of $405.6 million. Excluding items, Agilysis earned $8.1 million, or 26 cents a share, for the second quarter ended Sept. 30. Analysts polled by Thomson First Call expected earnings of 16 cents a share and sales of $389.9 million. Last year, the company earned $3.7 million, or 13 cents a share, on sales of $364.4 million. Excluding items, the company would have earned $3.8 million, or 13 cents a share, a year ago.
Looking ahead, Agilysys now sees fiscal 2006 earnings and sales at the high end of its previous guidance. The company previously forecast earnings of 80 cents to 88 cents a share and sales growth of 5% to 7%. Shares were trading up $2.68 to $18.48.
dropped 22% after China-based Internet and wireless services company posted third-quarter earnings that fell short of expectations. The company earned $32 million, or 89 cents per American depository share, on sales of $57.2 million. Analysts expected earnings of 91 cents per ADS on sales of $56.3 million. Year-ago earnings were $13.2 million, or 40 cents a share, on sales of $30.6 million. Shares tumbled $17.50 to $61.74.
soared 31% after the software company swung to a third-quarter profit and posted solid sales gains. The company earned $312,000, or 3 cents a share, reversing a year-ago loss of $150,000, or 2 cents a share. Sales rose to $3.83 million from $2.78 million. "The third quarter greatly exceeded our expectations for revenue growth and net profit," the company said. "We not only achieved our revenue targets, we significantly exceeded them as a result of sales growth in all of our product lines ranging from 28% to 44%." Shares were trading up 91 cents to $3.80.
fell 2% after the satellite television company posted third-quarter results that fell below expectations. The company earned $208.9 million, or 46 cents a share, on sales of $2.13 billion. Including stock-based compensation expenses, the company would have earned $205.6 million, or 45 cents a share. Analysts expected earnings of 47 cents a share and sales of $2.15 billion. A year earlier, EchoStar earned $102.3 million, or 22 cents a share, on sales of $1.86 billion. Shares were trading down 57 cents to $26.35.
Other technology movers included
, down 11 cents to $3.78;
, up 7 cents to $27.08;
( LU), down 5 cents to $2.75;
, up 30 cents to $17.42;
, down 10 cents to $24.40;
, up 1 cent to $17.86;
, up 98 cents to $42.85;
Sirius Satellite Radio
, down 6 cents to $6.85;
, down 3 cents to $2.34; and
, down 9 cents to $12.52.