slipped in after-hours trading Thursday after the Las Vegas-based casino company's fourth-quarter results missed Wall Street's expectations. The company reported a loss of $11.4 million, or 12 cents a share, narrowed from a year-earlier loss of $127.7 million, or $1.37 a share. Excluding certain items, the company posted fourth-quarter earnings of $5 million, or 5 cents a share. Analysts surveyed by Thomson First Call were projecting earnings of 8 cents a share. Revenue for the quarter totaled $269.4 million, shy of analysts' prediction of $277.2 million. Wynn shares fell $1.50, or 2.3%, to $65 in after-hours trading.
advanced after the Beijing-based online games company beat Wall Street's fourth-quarter earnings expectations. The company posted earnings of $34.3 million, or 96 cents per American Depositary share. Revenue rose to $60.4 million from $33.6 million a year ago. Analysts were projecting earnings of 88 cents per ADS, with revenue of $55.1 million. Shares of Netease gained $2.25, or 3%, to $77.75 in after-hours trading.
declined after the Santa Clara, Calif., communication services company said its president, Bill Heil, is planning to leave. The company said Heil plans to join the company's business advisory board and will assist in the transition of his responsibilities. WebEx also named Gary Griffiths vice president of products, David Berman vice president of worldwide sales and service, and Rick Faulk chief marketing officer. WebEx slipped 64 cents, or 2.2%, to $28.30 in late trading Thursday.
shares jumped after the microprocessor company posted a narrower-than-expected fourth-quarter loss. The company's loss totaled $2.1 million, or 1 cent a share, compared with a loss of $28.1 million, or 15 cents a share, a year earlier. Two analysts surveyed by First Call had an average estimate for a loss of 4 cents a share. Revenue rose to $13.3 million from $11.2 million, beating analysts' projection of $12 million. Transmeta gained 15 cents, or 10%, to $1.60 in after-hours trading.