were among technology's winners Thursday, surging 18% after the provider of Web conferencing systems posted better-than-expected fourth-quarter results and issued a strong earnings guidance.
For the fourth quarter, the company earned $16.7 million, or 33 cents a share, up from $14.5 million, or 30 cents a share, a year earlier. Excluding items, earnings were $21.8 million, or 42 cents a share. Analysts polled by Thomson First Call expected earnings of 38 cents a share, before items. Revenue rose to $101.9 million from $83.7 million, topping Wall Street's forecast of $101.4 million.
Looking ahead, WebEx sees first-quarter adjusted earnings of 39 cents to 41 cents a share, above analysts' forecast of 38 cents. The company predicts revenue of $105 million to $108 million, bracketing Wall Street's target of $106.2 million. Shares were trading up $6.55 to $43.63.
jumped 14% after the chipmaker posted better-than-expected fourth-quarter results. The company earned $87.4 million, or 27 cents a share, on revenue of $401.6 million. Results included one-time gains of $10.2 million, or 3 cents a share. Analysts expected earnings of 17 cents a share and revenue of $395.1 million. During the year-earlier period, the company earned $21.2 million, or 7 cents a share, on revenue of $341.8 million.
On Semiconductor forecast first-quarter revenue of $368 million to $378 million. Analysts project revenue of $383.2 million. Shares were up $1.20 cents to $9.56.
rose 9% after the software company posted fourth-quarter results that handily topped expectations. The company earned $14.3 million, or 54 cents a share, on revenue of $79.6 million. Excluding items, earning were 52 cents a share. Analysts expected earnings of 27 cents a share and revenue of $72.2 million. A year earlier, the company posted adjusted earnings of $11 million, or 43 cents a share, on revenue of $96.6 million.
For 2007, i2 Technologies sees earnings of 90 cents to $1.10 a share. On an adjusted basis, which excludes stock-based compensation and contract revenue, the company expects earnings of $1.25 to $1.45 a share. Analysts project earnings of $1.35 a share, before items. Shares of i2 were up $2.19 to $25.
rose 9% after the semiconductor-equipment company posted better-than-expected fourth-quarter results. The company earned $18.9 million, or 39 cents a share, up from $10.5 million, or 25 cents a share, a year earlier. Revenue rose to $98.7 million from $71.8 million. Wall Street expected earnings of 31 cents a share on revenue of $95.1 million. Shares were trading up $3.66 to $44.31.
slid 6% after the optical networking company posted solid second-quarter results but issued a third-quarter revenue forecast that disappointed investors. The company reported adjusted earnings of $30 million, or 13 cents a share, on revenue of $366.4 million. Analysts expected earnings of 10 cents a share on revenue of $362.8 million. A year earlier, the company had an adjusted loss of $3.5 million, or 2 cents a share, on revenue of $315 million.
JDSU forecast third-quarter revenue of $333 million to $353 million. Analysts project revenue of $351.4 million. Shares were trading down $1.03 to $16.75.
Other technology movers included
, up 56 cents to $24.78;
, down 7 cents to $6.57;
, up 12 cents to $26.74;
, up 1 cent to $20.97;
, down 19 cents to $30.67;
, up 10 cents to $17.26;
Sirius Satellite Radio
, up 1 cent to $3.70;
, down 13 cents to $85.60; and
, down $12.18 to $489.32.