Shares of United Industrial ( UIC) were among technology's losers Monday, tumbling 18% after the maker of unmanned aircraft systems, armament systems, and other technology products posted first-quarter earnings that missed expectations. The company reported earnings from continuing operations of $8.9 million, or 69 cents a share, on revenue of $137.6 million. The results included stock-based compensation costs of 2 cents a share. Analysts polled by Thomson First Call expected earnings of 74 cents a share. During the year-earlier period, United Industrial earned $12.6 million, or 84 cents a share, including a one-time gain of 29 cents a share. Revenue totaled $107.5 million in the year-earlier quarter. Shares were trading down $12.15 to $55.65. Integral Systems ( ISYS) shares rose 5% after the software company posted higher second-quarter results and raised its 2006 guidance. For the quarter ended March 31, the company earned $3.5 million, or 32 cents a share, on revenue of $32.2 million. One analyst had a projection for earnings of 22 cents a share on revenue of $28.2 million. During the year-earlier quarter, Integral Systems earned $2 million, or 20 cents a share, on revenue of $23.3 million. Looking ahead, Integral Systems now sees 2006 earnings of $1.04 a share on revenue of $115 million. The company's earlier forecast called for a profit of 92 cents a share and revenue of $112.5 million. The lone analyst expects earnings of 94 cents a share and revenue of $113.6 million. Shares were trading up $1.33 to $29.13. Shares of Ness Technologies ( NSTC) fell 7% after the company posted in-line first-quarter earnings. The company, a provider of information technology services, reported earnings of $6.3 million, or 18 cents a share, on revenue of $107 million. Analysts expected earnings of 18 cents a share and revenue of $106.6 million. A year earlier, the company earned $4.9 million, or 14 cents a share, on revenue of $88.4 million.