NEW YORK ( TheStreet) -- Shares of Agilent Technologies ( A) dipped in late trades after the Santa Clara, Calif.-based maker of test and measurement technology products topped Wall Street's profit expectations for its fiscal first quarter but fell short on revenue.

The stock was last quoted at $43.64, down 2.5%, on volume of around 60,000, according to Nasdaq.com. The shares have gained more than 50% in the past year, hitting a new 52-week high of $45.15 on Friday.



Agilent reported an adjusted profit of $212 million, or 60 cents a share, for the three months ended Jan. 31 on revenue of $1.52 billion. The average estimate of analysts polled by Thomson Reuters was for earnings of 58 cents a share in the quarter on revenue of $1.55 billion.

The company also said it expects adjusted earnings of 63 to 65 cents a share on revenue ranging from $1.59 billion to $1.61 billion in the second quarter and adjusted earnings of $2.53 to $2.63 a share on revenue of between $6.3 billion to $6.4 billion.

The curent average analysts' view is for a profit of 60 cents a share on revenue of $1.56 billion in the second quarter and earnings of $2.50 per share on revenue of $6.32 billion for the full year.

Limelight Networks

Limelight Networks ( LLNW) was surging in extended action after the after the Tempe, Ariz.-based content delivery technology company posted strong results for the fourth quarter and gave a favorable top-line outlook for 2011.

The company, whose software applications enable streaming of content and advertising, reported a non-GAAP profit of $1.5 million, or a penny per share, on revenue of $55.2 million for the three months ended Dec. 31. The non-GAAP results exclude share-based compensation and acquisition-related expenses, among other items.

The average estimate of analysts polled by Thomson Reuters called for a breakeven quarter on a per share basis with revenue of $53. 3 million.

The stock jumped 20% to $7.75 in after-hours action on heavy volume of 2.3 million. Based on a regular session close of $6.46, the shares were already up almost 70% in the past year; although they had pulled back nearly 30% since hitting a 52-week high of $8.97 on Nov. 9.

For the current quarter, Limelight sees revenue of $48 million to $49.5 million. Wall Street's current consensus estimate is a loss of a penny per share in the March period on revenue of $48.2 million.

Nasdaq OMX

Shares of Nasdaq OMX ( NDAQ) stumbled in late trades after the trading exchange operator announced Adena Friedman is resigning from the chief financial officer post.

Friedman, who also serves as executive vice president, corporate strategy, is leaving the company to join buyout firm The Carlyle Group.



The stock was last quoted at $27.70, down 6.5%, on volume of roughly 70,000. At recent prices, the shares were up more than 50% in the past year, hitting a 52-week high of $28.22 on Friday as a wave of consolidation swept exchange operators, most notably with NYSE Euronext ( NYX) agreeing to combine with Deutsche Borse.

Marriott International

Hotel operator Marriott International ( MAR) saw its shares rise more than 4% to $42.80 on extended volume of roughly 280,000 after the company beat Wall Street's expectations for its fourth-quarter earnings.

The company also disclosed plans to spin off its timeshare business, saying it expects to complete the transaction in late 2011. For the three months ended Dec. 31, Marriott reported an adjusted profit of $150 million, or 39 cents a share, besting the average estimate of analysts polled by Thomson Reuters for earnings of 36 cents a share.

Other stocks making notable moves in after-hours action included Mack-Cali Realty ( CLI), which dipped almost 5% after the Edison, N.J.-based real estate investment trust launched a public offering of 5.5 million common stock units; and Anika Therapeutics ( ANIK), whose shares dropped more than 15% after the company offered up some regulatory news, saying it's requested a review of its proposed osteoarthritis drug Monovisc by the Orthopedic Advisory Panel, among other developments.

-- Written by Michael Baron in New York.

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