Shares of Bottomline Technologies ( EPAY) were among technology's winners Thursday, jumping 12% after the payment-software company's second-quarter results topped expectations. For the period ended Dec. 31, the company reported a loss of $2.1 million, or 9 cents a share, on revenue of $29.7 million. Excluding items, the company earned $2.4 million, or 10 cents a share. Analysts polled by Thomson First Call expected earnings of 2 cents a share and revenue of $27.2 million. In the year-earlier quarter, the company had adjusted earnings of $3.6 million, or 16 cents a share, on revenue of $26.1 million. Shares were trading up $1.27 to $11.74. Symantec ( SYMC) rose 3% after the security-software maker posted better-than-expected third-quarter earnings and backed its fourth-quarter guidance. For the period ended Dec. 29, the company earned $113.7 million, or 12 cents a share, on revenue of $1.31 billion. Excluding items, adjusted earnings were $247.8 million, or 26 cents a share. Adjusted revenue came in at $1.32 billion. Analysts expected adjusted earnings of 25 cents a share on revenue of $1.31 billion. During the year-earlier period, the company posted adjusted earnings of $282.4 million, or 26 cents a share, on revenue of $1.25 billion. Symantec continues to see fourth-quarter adjusted earnings of 18 cents to 20 cents a share, slightly below Wall Street's forecast of 21 cents. The company predicts adjusted revenue of $1.25 billion to $1.28 billion. Analysts project revenue of $1.27 billion. Separately, Symantec announced a $1 billion share-buyback plan. Shares were trading up 54 cents to $18.02.
Shares of NetLogic ( NETL) rose 10% after the chip designer issued an in-line revenue forecast and was upgraded by UBS. For the fourth quarter, the company posted adjusted earnings of $5 million, or 23 cents a share, on revenue of $21 million. Analysts expected earnings of 25 cents a share and revenue of $23.4 million. During the year-earlier quarter, the company earned $5 million, or 26 cents a share, on revenue of $21.2 million. Looking ahead, NetLogic sees first-quarter revenue of $22.7 million to $23.1 million. Analysts project revenue of $23 million. After the report, UBS upgraded the stock to buy from neutral, saying the company's growth is on track. Shares were adding $2.24 to $24.03. Plexus ( PLXS) tumbled 14% after the electronics-manufacturing services company warned that second-quarter results will be well below expectations. For the first quarter ended Dec. 30, the company earned $15.1 million, or 32 cents a share. Excluding items, earnings were $15.5 million, or 33 cents a share, matching Wall Street's target. Revenue totaled $380.8 million, below analysts' estimate of $390.4 million. A year earlier, Plexus earned $13.8 million, or 31 cents a share, on revenue of $328.3 million. For the second quarter, Plexus predicts adjusted earnings of 15 cents to 19 cents a share, compared with analysts' forecast of 35 cents. The company sees revenue of $345 million to $355 million, below Wall Street's expectation of $403.1 million. Shares were down $2.96 to $18.26.
Shares of Acxiom ( ACXM) slid 8% after the software company reported weaker-than-expected third-quarter results. For the period ended Dec. 31, the company earned $24.9 million, or 31 cents a share, on revenue of $352.8 million. A lower-than-expected tax rate, which boosted earnings by 2 cents a share, was partially offset by restructuring charges of a penny a share. Analysts expected earnings of 32 cents a share and revenue of $367.9 million. During the year-earlier period, Acxiom earned $27.3 million, or 31 cents a share, on revenue of $347.4 million. Looking ahead, Acxiom sees fiscal 2007 earnings of 92 cents to 97 cents a share, below the $1.02 a share that analysts project. Shares were trading down $2.07 to $22.61. Other technology movers included Sun Microsystems ( SUNW), up 19 cents to $6.34; Microsoft ( MSFT), up 4 cents to $31.13; Cisco Systems ( CSCO), down 31 cents to $26.58; Intel ( INTC), up 2 cents to $20.86; Apple ( AAPL), up 95 cents to $87.65; Level 3 Communications ( LVLT), up 6 cents to $6.32; Qualcomm ( QCOM), unchanged at $38.62; Applied Materials ( AMAT), up 6 cents to $17.66; and Sirius Satellite Radio ( SIRI), down 1 cent to $3.74.