Shares of Itron ( ITRI) were among technology's winners Friday, rising 10% after the company said that second-quarter earnings and sales would be above forecasts. The technology provider expects pro forma earnings of 38 cents to 42 cents a share on sales of $132 million to $135 million. Analysts polled by Thomson First Call are expecting earnings of 35 cents a share on sales of $128 million. The company said that strong new-order booking during the quarter led to the better-than-expected guidance. Itron expects second-quarter new-order booking of about $175 million. The company expects to post second-quarter results on July 26. Shares were trading up $4.55 to $50.73. Traffix ( TRFX) rose 12% after the company posted second-quarter results that impressed investors. The interactive media company earned $700,000, or 5 cents a share, on sales of $16.6 million. A year ago the company earned $665,000, or 4 cents a share, on sales of $9.1 million. Traffix said that its results were fueled by organic growth from its existing lines of business and by two acquisitions. Shares were trading up 64 cents to $6.16. Shares of Euro Tech Holdings ( CLWT) rose 39% after the Hong Kong-based company posted 2004 results that showed solid year-over-year growth. The company earned $594,000, up 12% from $531,000 during 2003. The company reported sales of $32.3 million vs. $27.4 a year ago. "The company has had a controlled expansion without substantial cash investment and without negative impact on the company's bottom line," the company said. Shares were trading up $1.41 to $5.05. Digi International ( DGII) fell 18% after the company posted mixed third-quarter results and forecast a fourth-quarter sales shortfall. The network technology company posted earnings of $2.5 million, or 11 cents a share, on sales of $30.2 million. Analysts were expecting earnings of 9 cents a share on sales of $32 million. Looking ahead, Digi forecast fourth-quarter earnings of 12 cents to 17 cents a share on sales of $34 million to $37 million. Analysts are expecting earnings of 17 cents a share on sales of $37.7 million. Shares were recently trading down $2.38 to $10.86.
Shares of Pomeroy IT Solutions ( PMRY) rose 15% after the information technology services company won an IT services contract worth about $150 million over three years. The company said that it would provide technology services -- ranging from application development to database management - to an unidentified customer. Pomeroy called the customer "a global leader in information technology business solutions." The company anticipates that it will hire 500 people during the first year of the agreement as a result of the new contract. Shares were trading up $1.67 to $12.80. Other technology movers included Lucent Technologies ( LU), down 5 cents to $3.11; Microsoft ( MSFT), down 12 cents to $25.85; Sirius Satellite Radio ( SIRI), down 10 cents to $6.63; Oracle ( ORCL), up 2 cents to $14.07; Intel ( INTC), up 2 cents to $27.90; Cisco Systems ( CSCO), down 10 cents to $19.84; Sun Microsystems ( SUNW), up 4 cents to $3.78; Apple Computer ( AAPL), up 57 cents to $41.32; Ciena ( CIEN), up 1 cent to $2.32; Applied Materials ( AMAT), down 26 cents to $17.13; and Symantec ( SYMC), up 12 cents to $23.92.