Palm Lower Despite Besting Earnings Expectations - TheStreet

Palm

(PALM)

skidded 0.5% at the start of after-hours

Island

trading despite the postclosing announcement that it earned 4 cents per share in the first quarter, topping the

First Call/Thomson Financial

estimate of 2 cents and the year-ago 2 cents. Palm said sales doubled over the year-ago period for the third consecutive quarter.