were among technology's losers Wednesday, plunging 26% after the Internet services company reported disappointing sales headcount and subscriber additions for the third quarter.
The company posted earnings of $1.4 million, or 7 cents a share, on revenue of $12 million, for the quarter. Excluding items, Website Pros earned 11 cents a share. During the year-earlier period, the company recorded a loss of $322,000, or 6 cents a share, on revenue of $10.1 million.
"During the third quarter, sales headcount and net new subscriber additions were lower than anticipated," the company said. "We have since resumed sales headcount growth and expect to add a meaningful number of sales reps in the fourth quarter." The company also said that total revenue was lower than expected. Shares were trading down $2.90 to $8.20.
slid 17% after the computer networking company swung to a third-quarter profit but forecast a fourth-quarter earnings drop on a sequential basis. The company earned $6.8 million, or 12 cents a share, on revenue of $22.3 million. During the year-earlier period, the company reported a loss of $2.5 million, or 16 cents a share, on revenue of $6.8 million.
Looking ahead, Acme forecast an adjusted fourth-quarter profit of $5 million to $5.5 million, or 8 cents to 9 cents a share, on revenue of $22 million to $23 million. Shares were trading down $3.13 to $15.81.
fell 3% following the software company's third-quarter report, even though results topped estimates. The company reported a loss of $4.8 million, or 17 cents a share on revenue of $50.4 million. Analysts expected a wider loss of 18 cents a share on revenue of $49.1 million. A year earlier, Blackboard posted a profit of $7.3 million, or 25 cents a share, on revenue of $35.9 million.
For the fourth quarter, Blackboard predicts a loss of $400,000 to $800,000, or 2 cents to 3 cents a share. Analysts project a loss of 3 cents a share. Blackboard projects revenue of $49.4 million to $50.4 million, compared with Wall Street's forecast of $49.6 million. Shares recently changed hands at $27.93, down 93 cents.
shares tumbled 19% after the online-betting site said it swung to a third-quarter loss, missing Wall Street's expectation for a profit. The company posted a loss of $440,000, or 1 cent a share, compared with income of $1.8 million, or 5 cents a share, a year ago. Analysts anticipated earnings of 5 cents a share. Revenue surged 42% to $37 million, but missed Wall Street's estimate of $39.7 million. Shares recently were down 78 cents to $3.41.
jumped 16% after the software company posted third-quarter earnings that tripled from a year ago. The company earned $953,000, or 9 cents a share, on revenue of $5.2 million. During the year-earlier quarter, Bitstream recorded a profit of $312,000, or 3 cents a share, on revenue of $3.8 million. Shares were up $1.25 to $9.34.
Sirius Satellite Radio
traded actively after the company posted a narrower-than-expected third-quarter loss. The company reported a loss of $162.9 million, or 12 cents a share, on revenue of $167.1 million. Analysts predicted a loss of 14 cents a share, with revenue of $167.4 million. In last year's third quarter, the company recorded a loss of $180.5 million, or 14 cents a share, on revenue of $66.8 million.
Sirius continues to project full-year revenue of $615 million and 6.3 million subscribers. Analysts expect full-year revenue of $623.1 million. Shares were up 4 cents to $4.13.
Other technology movers included
, up 6 cents to $24.90;
, unchanged at $5.47;
, down 11 cents to $28.84;
, down 16 cents to $20.64;
, up 52 cents to $7.02;
Level 3 Communications
, down 2 cents to $5.51;
, up 21 cents to $32.19;
, down 3 cents to $18.17;
, up 2 cents to $17.82; and
, up 2 cents to $2.52.