were among technology's winners Thursday, rising 7% after the networking-equipment giant's earnings and guidance topped analysts' forecasts.
For the period ended Oct. 28, the company earned $1.61 billion, or 26 cents a share, on revenue of $8.18 billion. Excluding items, Cisco earned $1.9 billion, or 31 cents a share. Analysts polled by Thomson First Call expected earnings of 29 cents a share, before items, on revenue of $7.9 billion. During the year-earlier quarter, the company earned $1.26 billion, or 20 cents a share, on revenue of $6.55 billion.
For the second quarter, Cisco expects revenue growth of 24% to 25%, above the 21% that analysts project. Cisco sees organic growth of 14% to 15%, at the high end of its previous guidance of 10% to 15%. Shares were trading up $1.80 to $26.90.
climbed 3% after the provider of online entertainment software reported better-than-expected third-quarter results. The Taiwan-based company earned $6.5 million, or 11 cents a share, up from $1.7 million, or 3 cents a share, a year earlier. Analysts expected earnings of 7 cents a share. Revenue surged to $24.2 million from $11.1 million. Shares were higher by 26 cents to $10.98.
jumped 14% after the semiconductor-assembly company's third-quarter results topped forecasts. The company earned $52.8 million, or 27 cents a share, on revenue of $713.8 million. Analysts expected earnings of 25 cents a share, with revenue of $691.4 million. A year earlier, the company recorded a loss of $19.5 million, or 11 cents a share, on revenue of $549.6 million.
Looking ahead, Amkor forecast fourth-quarter earnings of 20 cents to 24 cents a share. The company anticipates a sequential revenue decline of 3% to 5%, implying revenue of $678.1 million to $692.4 million. Analysts project earnings of 21 cents a share and revenue of $676.9 million. Shares were trading up $1.06 to $8.55.
plunged 35% after the company posted disappointing third-quarter results and guided lower for the fourth quarter. The company, a provider of online information and media for IT firms, earned $1 million or 3 cents a share, on revenue of $33.8 million. Analysts expected earnings of 8 cents a share on revenue of $35.9 million. During the year-earlier period, the company earned $60.4 million, or $1.62 a share, on revenue of $31.8 million. The year-ago results included one-time gains of $52.6 million.
Jupitermedia predicted fourth-quarter earnings of $2.1 million, or 6 cents a share, below analysts' target for 10 cents a share. The company forecast revenue of $33 million to $34 million, compared with analysts' mean estimate of $38.1 million. Shares were down $3.15 to $5.95.
tumbled 15% after the wireless-telephony company posted mixed third-quarter results. The company posted adjusted earnings of $3.3 million, or 17 cents a share, on revenue of $38 million. Analysts expected earnings of 14 cents a share and a top line of $38.5 million. During the year-earlier period, the company posted adjusted earnings of $4.4 million, or 23 cents a share, and revenue of $24.8 million. Shares were trading at $8.27, down $1.48.
Other technology movers included
Sirius Satellite Radio
, up 9 cents to $4.21;
, up 20 cents to $29.18;
, up 2 cents to $2.55;
, up 74 cents to $19.43;
, down 5 cents to $20.66;
, unchanged at $5.45;
, down $1.14 to $35.14;
Level 3 Communications
, up 10 cents to $5.64; and
, up 37 cents to $82.82.