After-hours traders took their cues from earnings news Thursday, and based on the action, they didn't like what they saw.
was dropping 6.2% to $7.40 in extended trading on Instinet. After the close, the company reported a
second-quarter loss of $1.60 a share. Taking out various items, the networker lost 19 cents. Excluding product lines acquired from
in December, the company expects sales in the next quarter to fall 10% to 15% sequentially.
was giving back 6% to $36.12 after the company beat earnings expectations.
was gaining 2.1% to $37 after turning in a better quarter than analysts were expecting.
was losing 4.5% to $41.75. Following the close, the company posted earnings of 23 cents a share, excluding items, for the latest quarter, matching estimates.
Nasdaq 100 Tracking Stock
was among the most active issues in late Instinet trading, where it slipped 0.8% to $38.63.
were also among the volume leaders.
was off 1.2% at $18.83, and
was shedding 0.9% to $17.10.
was down 0.4% to $64.35, and
was lower by 0.7% to $32.98.