Aruba Networks Inc. (ARUN) Thursday reported a slip to a loss in the third quarter, hurt mainly by stock-based compensation expenses and other costs, as well as income tax provisions. The company's adjusted profit, which exclude items, came in short of Wall Street estimates, as did sales.
Shares of...
HollySys Automation Technologies, Ltd. (HOLI) posted third-quarter net income attributable to the company of $11.18 million or $0.20 per share versus $11.52 million or $0.21 per share in the same quarter last year. Non-GAAP net income attributable to Hollysys for the current quarter was $11.70 million...
Design software maker Autodesk, Inc. (ADSK) Thursday reported a 30 percent decline in earnings from last year, hurt by lower revenue and weaker margins.
The company's quarterly earnings per share, excluding items, came in below analysts' expectations as did its quarterly revenue.
At the same time,...
J.C. Penney Co. Inc. Thursday reported a first-quarter loss that widened from a year ago, hurt by a 16 percent drop in sales, as well on lower margins. Results came in below Wall Street estimates.
Brocade Communications Systems Inc. (BRCD) Thursday reported an increase in second-quarter profit, driven largely by lower expenses, even as revenues declined reflecting soft demand in storage market.
Brocade's earnings for the quarter trumped analysts' estimates, however revenues fell short of expectations....
Gainers:
SINA Corp. (SINA) rose over 3 percent to $60.95. The company swung to a profit in its first quarter on a non-GAAP basis and topped Wall Street view. Net revenues increased from the year-ago quarter and were above the consensus estimate. The company also guided its second quarter non-GAAP...
Struggling PC maker Dell Inc. said Thursday after the markets closed that its first quarter profit dropped 79% from last year, as revenue declined and margins deteriorated amid sluggish demand for personal computers. The company's quarterly earnings per share, excluding items, also came in way below analysts' expectations, but its quarterly revenue beat analysts' forecast.
SINA Corp. (SINA) Thursday said first-quarter loss narrowed slightly to $13.2 million or $0.20 per share from $13.7 million or $0.21 per share in the same period last year.
Adjusted earnings attributable to SINA was $1.5 million or $0.02 per share. On average, 13 analysts polled by Thomson Reuters...
Applied Materials Inc. (AMAT) Thursday reported a swing to loss in the second quarter, as the semiconductor equipment maker's sales continued to decline in a weak economy. The bottom line was also impacted by impairment charges.
Nonetheless, adjusted earnings for three-month period came in ahead...
Yahoo! Inc. (YHOO) Thursday said the Mexico City Superior Court of Justice has granted the company's appeal and has reversed the Civil Court's judgment in the lawsuit filed by World Wide Directories, S.A. de C.V. and Ideas Interactivas, S.A. de C.V.
On November 28, 2012, the 49th Civil Court of Mexico...
Nordstrom Inc. Thursday posted a lower first-quarter profit, hurt by reduced margins that offset a near five percent growth in sales. Earnings for the quarter fell short of Wall Street estimates, as did revenues on lesser than planned volumes and weak demand for seasonal merchandise.
J.C. Penney Co. Inc. (JCP), Thursday reported first-quarter net loss of $348 million or $1.58 per share, wider than $163 million or $0.75 per share in the comparable quarter last year.
Excluding items, loss for the quarter widened to $289 million or $1.31 per share from $55 million or $0.25 per share...
ViaSat Inc. (VSAT) Thursday reported a fourth-quarter net income attributable to the company of $1.9 million or $0.04 per share, compared to net loss of $7.4 million or $0.17 per share in the comparable quarter last year.
On an adjusted basis, the company posted net income of $8.8 million or $0.19...
Nordstrom Inc. (JWN) reported a first-quarter profit of $145 million, down from $149 million in the same quarter last year. However, per share earnings for the quarter rose 4.3 percent to $0.73 per share from $0.70 per share in the prior year quarter. The increase in per share earnings were due mainly...
Applied Materials, Inc. (AMAT) Thursday reported second-quarter loss of $129 million or $0.11 per share, compared to a profit of $289 million or $0.22 per share in the comparable quarter last year.
Adjusted earnings for the quarter was $199 million or $0.16 per share. On average, 15 analysts polled...