Several tech names slid on soft guidance in generally mixed after-hours trading Wednesday, and among these was the heavily-traded
The Sunnyvale, Calif., company, which makes storage and data-management products, plummeted 19.5% after
a sequential sales decline of 6% to 7% in the next quarter. That comes to $745.1 million to $753.1 million, or at least $61 million under the analyst consensus from Thomson Financial. Despite concurrently reporting in-line results for the quarter ended April 30, shares lost $7.41 to $30.65.
, foreseeing fiscal 2008 non-GAAP earnings of between 94 cents and 98 cents a share against Wall Street's $1.03 expectations. Shares of the Islandia, N.Y., company sank 6% to $26.17 in recent late trading.
slid after estimating a fiscal third-quarter profit of 28 cents to 31 cents a share on a non-GAAP basis -- at least 2 cents under consensus. Shares of the Mountain View, Calif., design-automation software developer were off 3.2% at $27.40.
On the upside,
( GYMB) bounced 7.7% to $41.68 after the San Francisco-based children's apparel retailer posted 21.8% higher continuing-operations income year over year of 67 cents a share, or $20.9 million. That beats the mean target by 4 cents a share.
Finally, another apparel retailer,
Abercrombie & Fitch
, tacked on 1.9% to $82.32 after
with the average Street target of 65 cents a share in the quarter ended May 5. Ohio-based A&F also reiterated its first-half guidance of $1.47 to $1.52 a share, which leans to the higher end of consensus.