were among technology's losers Thursday, sliding 17% after the software company reported disappointing third-quarter revenue figures.
For the period ended Oct. 31, BEA reported revenue of $347.7 million, below the $348.7 million that analysts expected. During the year-earlier quarter, the company posted revenue of $291.5 million. BEA said it won't report third-quarter earnings until it completes an internal review of its historical stock-option grants. Shares, which had climbed by nearly 67% since the beginning of the year, recently were down $2.68 to $13.01 on heavy volume.
fell 4% after the chip-equipment maker's fourth-quarter results missed expectations. For the period ended Oct. 29, the company earned $449 million, or 30 cents a share, on revenue of $2.52 billion. Analysts polled by Thomson First Call expected earnings of 31 cents a share and revenue of $2.56 billion. A year earlier, the company earned $246.7 million, or 15 cents a share, on revenue of $1.72 billion.
Applied Materials forecast first-quarter earnings of 26 cents to 27 cents a share, including 3 cents a share in stock-based compensation costs. The company predicts revenue of $2.27 billion to $2.39 billion. Analysts project earnings of 29 cents a share on revenue of $2.47 billion. Shares were trading down 75 cents to $17.90.
jumped 18% on their first day of trading. The software company's initial public offering priced at $12 a share, above the proposed range of $9 to $11 a share. After deducting expenses, Allot expects to receive about $70.5 million in net proceeds from the 6.5-million share offering. Lehman Brothers and Deutsche Bank Securities led the underwriting syndicate. Shares recently traded at $14.17, up $2.17.
skyrocketed after the developer of miniaturized infrared and electro-optical cameras said it received record bookings during the first six weeks of its fiscal year. The company received about $16.6 million in new contracts and product orders. The largest order includes a recently disclosed subcontract worth $6.9 million. Shares were trading up $1.63 to $2.70.
fell 6% after the provider of consulting and technical services gave a weak guidance for the first quarter. For the fourth quarter ended Oct. 1, the company earned $11.8 million, or 20 cents a share, up from $9.1 million, or 16 cents a share, a year earlier. Revenue rose to $385.6 million from $351.7 million. The results beat analysts' forecast for earnings of 18 cents a share and revenue of $317.9 million.
For the first quarter, however, Tetra Tech projected earnings of 15 cents to 16 cents a share, below Wall Street's expectation of 19 cents. Shares were trading down $1.03 to $17.70.
Other technology movers included
, down 8 cents to $22.24;
, down $1.17 to $24.58;
, up 27 cents to $26.87;
Sirius Satellite Radio
, down 1 cent to $4.12;
, up 26 cents to $29.38;
, up 4 cents to $2.60;
, up $2.32 to $18.97; and
, up 1 cent to $5.42.