Shares of

Cutera

(CUTR) - Get Report

tumbled 14% in late trading Monday after the company posted better-than-expected fourth-quarter results but gave a first-quarter projection that fell well short of estimates. The company, a maker of laser systems for aesthetic treatments, said its fourth-quarter earnings jumped to $5.8 million, or 41 cents a share, from $2.1 million, or 16 cents a share, a year earlier. Revenue rose to $24 million from $16.1 million. Analysts polled by Thomson First Call predicted earnings of 30 cents a share and revenue of $22 million.

For the first quarter, Cutera predicts earnings of 11 cents a share, before stock-based compensation costs. Including these costs, the company sees earnings of 8 cents a share. Analysts had forecast earnings of 19 cents a share. Cutera forecast first-quarter revenue of $19 million, below Wall Street's target of $20.3 million. Shares were down $4.06 to $25.80 in late trading.

Digital Theater Systems

(DTSI)

advanced after the digital-entertainment technology company beat Wall Street's fourth-quarter expectations. The company posted earnings of $1.3 million, or 7 cents a share, compared with $192,000, or a penny a share, a year earlier. Revenue rose 8% to $17.9 million. Analysts, on average, were expecting earnings of 4 cents a share and revenue of $16.9 million. Shares of DTS gained $2.57, or 16%, to $19.09 in after-hours trading.

Radyne

( RADN) shares jumped after the maker of data-transmission products reported sharply higher fourth-quarter results. Radyne said it earned $4.3 million, or 24 cents a share, up from $3 million, or 18 cents a share, a year earlier. Sales rose to $36.8 million from $16.8 million. The results were aided by the recent acquisition of amplifier maker Xicom Technology, which had fourth-quarter sales of $14.2 million. Radyne shares gained $2.22, or 16%, to $15.68 in after-hours trading.

Shares of

iVillage

( IVIL) rose 9% after the women's media company's fourth-quarter revenue topped estimates, even as its earnings fell short. The company posted earnings of $8.8 million, or 11 cents a share, up from $2.4 million, or 3 cents a share, a year earlier. Revenue surged to $30.1 million from $18.2 million. Analysts predicted earnings of 12 cents a share and revenue of $28.2 million.

For the first quarter, iVillage expects revenue of $21.5 million to $23.5 million. The company targets a net loss of $300,000 to $1.3 million, including $800,000 in stock-option costs. Wall Street forecasts call for earnings of 4 cents a share and revenue of $22.8 million. For the full year, iVillage sees revenue of $105 million to $113 million, with a net profit of $13.8 million to $18.8 million. Analysts expect full-year earnings of 27 cents a share and revenue of $108.1 million. IVillage shares rose 65 cents to $7.56 after hours Monday.

Shares of

Palm

( PALM) rose after the handheld electronic device maker said its board approved a 2-for-1 stock split. Shareholders of record as of Feb. 28 will receive one additional share for each share held on that date. The company has about 51 million shares outstanding; the split will increase the number of shares outstanding to more than 100 million. Palm gained $1.04, or 2.9%, to $36.70 in after-hours trading.