Today's Early Winners and Losers

Plexus and Intuitive Surgical take off after reporting stronger-than-expected earnings.
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Shares of

Plexus

(PLXS) - Get Report

surged in after-hours trading Thursday after the electronics manufacturing services company beat Wall Street's second-quarter earnings expectations and issued higher-than-anticipated guidance.

Plexus reported income of $18.5 million, or 40 cents a share, compared with a charge-laden loss of $4.5 million, or 10 cents a share, a year earlier. Revenue increased 11% over a year ago to $337.9 million. Analysts polled by Thomson First Call were looking for earnings of 34 cents a share in the latest quarter, with revenue of $340.9 million.

For the third quarter, Plexus forecast earnings of 50 cents to 55 cents a share, before items. Analysts had forecast a much lower 38 cents a share. The company sees revenue of $390 million to $405 million, above Wall Street's target of $367.4 million. Shares jumped $5.32, or 14%, to $44.59 in after-hours trading.

Intuitive Surgical

(ISRG) - Get Report

shares gained after the maker of surgical robotics posted first-quarter results that easily beat analyst projections. The company's earnings rose to $14.5 million, or 38 cents a share, from $9.1 million, or 25 cents a share, a year ago.

Excluding stock-option expenses, earnings were $17.5 million, or 46 cents a share, more than double First Call's analyst estimate of 20 cents. The company's revenue jumped 86% to $77.3 million, driven by increased sales of its da Vinci Surgical System. Analysts had forecast revenue of $62.8 million. Shares leaped $14.47, or 14%, to $117.64 in late trading.

Shares of

Harmonic

(HLIT) - Get Report

fell after the communications-equipment maker posted a first-quarter loss that was worse than Wall Street's projection. The company said it swung to a loss of $5.1 million, or 7 cents a share, from a profit of $1.7 million, or 2 cents a share, a year ago.

Excluding items, the loss totaled 4 cents a share, wider than analysts' mean estimate of 1 cent. Sales slipped to $56.2 million from $63.7 million a year earlier, and came in shy of Wall Street's target of $58.2 million.

For the full year, Harmonic sees sales of $242 million to $257 million, in line with Wall Street's projection of $249 million. After hours, shares fell 49 cents, or 8%, to $5.66.

Shares of

SupportSoft

(SPRT) - Get Report

declined after the software maker reported red results for the first quarter. The company posted a loss of $3.9 million, or 9 cents a share, reversing a year-earlier profit of $1.2 million or 3 cents a share.

Excluding items, SupportSoft had a loss of 7 cents a share, worse than analysts' forecast for earnings of 2 cents a share. Revenue slipped to $8.2 million from $16.1 million a year ago. Shares fell 46 cents, or 10%, to $4.16 in late trading.

Amerigroup

(AGP)

shares moved higher after the health care company handily topped first-quarter earnings targets and doubled the low end of its full-year earnings guidance. The company earned $37.3 million, or 71 cents a share, for the quarter, up from $20.4 million, or 39 cents a share, a year earlier.

Excluding certain items, latest-quarter earnings were 24 cents a share. Revenue rose to $674 million from $558 million a year earlier. Analysts were looking for a profit of 10 cents a share, before items, and revenue of $630 million.

For the year, Amerigroup expects earnings of $1.45 to $1.55 a share, up from its previous guidance of 70 cents to 85 cents. Shares rose $3.04, or 14%, to $25 in late trading.