were among technology's winners Tuesday, rising 11% after the online travel company's fourth-quarter results handily topped expectations.
Priceline reported adjusted earnings of $99.9 million, or 58 cents a share, on revenue of $260.1 million. Analysts polled by Thomson Financial expected earnings of 40 cents a share and revenue of $235.9 million. During the year-earlier period, the company recorded adjusted earnings of $11.4 million, or 28 cents a share, on revenue of $203.9 million.
Looking ahead, Priceline forecast adjusted first-quarter earnings of 22 cents to 30 cents a share. For the full year, the company sees adjusted earnings of $2.60 to $2.90 a share. Analysts project earnings of 29 cents a share for the first quarter and $2.53 a share for the full year. Shares of Priceline were up $4.92 to $50.85.
( SNDA) jumped 9% after the online gaming concern posted better-than-expected fourth-quarter results. The company earned $30.8 million, or 42 cents per American depository share, on revenue of $60.3 million. Excluding items, the company earned $22.2 million, or 30 cents a share. Analysts anticipated earnings of 23 cents a share, before items, on revenue of $57.8 million. A year earlier, Shanda recorded a loss of $66.8 million, or 90 cents a share, on revenue of $44.7 million. Shares were trading up $1.95 to $24.25.
rose 7% after the wireless-communications company reported fourth-quarter results that topped expectations. The company posted adjusted earnings of $2.8 million, or 6 cents a share, on revenue of $49.1 million. Analysts expected earnings of 5 cents a share on revenue of $47.5 million. A year earlier, Anadigics reported a loss of $3.9 million, or 11 cents a share, on revenue of $33.3 million.
For the first quarter, Anadigics forecast adjusted earnings of 6 cents a share, with sequential revenue growth of 3%. Analysts project earnings of 5 cents a share and revenue of $48 million. Shares were adding 81 cents to $12.25.
tumbled 18% after the software company's fourth-quarter profit fell slightly short of expectations. The company earned $1.6 million, or 8 cents a share, down from $1.8 million, or 10 cents a share, a year earlier. Revenue climbed to $23.9 million from $17.5 million. Analysts expected earnings of 9 cents a share on revenue of $22 million.
Looking ahead, Interactive Intelligence sees 2007 revenue growth of 25% or more, implying revenue of at least $104 million. Analysts project revenue of $95.7 million. Shares were trading down $3.72 to $16.62.
( RADN) slid 10% after the satellite-equipment maker posted lower fourth-quarter results. The company earned $3.6 million, or 19 cents a share, down from $4.3 million, or 24 cents a share, a year earlier. Revenue declined to $36.3 million from $36.8 million. Shares of Radyne were down $1.04 to $9.55.
Other technology movers included
, up 15 cents to $28.99;
, up 4 cents to $20.84;
, down 3 cents to $27.51;
Level 3 Communications
, up 4 cents to $6.08;
, up 6 cents to $6.48;
Sirius Satellite Radio
, up 5 cents to $3.62; and
, down 43 cents to $84.45.