Wednesday's Tech Winners & Losers

Disappointing third-quarter reports slam Website Pros, Youbet.com and Acme Packet.
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Shares of

Website Pros

(WSPI)

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.

Acme Packet

(APKT)

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.

Shares of

Blackboard

(BBBB)

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.

Youbet.com

(UBET)

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.

Bitstream

(BITS)

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.

Shares of

Sirius Satellite Radio

(SIRI) - Get Report

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

Cisco Systems

(CSCO) - Get Report

, up 6 cents to $24.90;

Sun Microsystems

(SUNW) - Get Report

, unchanged at $5.47;

Microsoft

(MSFT) - Get Report

, down 11 cents to $28.84;

Intel

(INTC) - Get Report

, down 16 cents to $20.64;

Novell

(NOVL)

, up 52 cents to $7.02;

Level 3 Communications

(LVLT)

, down 2 cents to $5.51;

Broadcom

(BRCM)

, up 21 cents to $32.19;

Oracle

(ORCL) - Get Report

, down 3 cents to $18.17;

Applied Materials

(AMAT) - Get Report

, up 2 cents to $17.82; and

Lucent Technologies

(LU)

, up 2 cents to $2.52.