Heres your earnings warnings so far today:
Keynote Systems (KEYN) 10 3/4 -7/16: Company warns for Q2; sees EPS of $0.06-0.07; current EPS estimate is $0.09. Revenue is
expected to be $12.0 to $12.2 mln, vs consensus estimate of $12.5 mln. The company also announced a reduction in force of
approximately 13% of the company's 280 employees; see press release.
Kana Comms (KANA) 1 1/32 -5/16: Company warns for Q1; sees loss of $0.43; current EPS estimate is ($0.19). Revenues to be
approximately $24-25 vs consensus of $42 mln. Company cites ongoing slowdown in capital spending and economic uncertainty; see
press release.
Hamilton Bancorp (HABK) 7 -5/8: Company warns for Q1; sees EPS of $0.20-0.40; current EPS estimate is $0.41. The company
also said that it is working to complete a review of previously filed reports and financial statements as a result of comments received from
the SEC. This review could result in revisions to previously filed financial statements; see press release.
RADCOM (RDCM) 1 3/4 -1/16: Company warns for Q1; sees loss of $0.23-0.25 per share; current EPS estimate is ($0.09); expects
revenues of about $5 mln. The company cited the shortfall was a result of longer sales cycles and a decrease in capital expenditures for its
core products and services, specifically in the North America; see press release.
Rational Sftwr (RATL) 13 15/16 -3 1/8: Company warns for Q4; sees EPS of $0.20-0.22; current EPS estimate is $0.22; expects
revenues between $240 and $245 mln. The company also announced that it would reduce its workforce by approximately 10%, or a total
of approximately 400 positions; see press release.
Resonate (RSNT) 2 3/16 -11/32: Company warns for Q1; sees loss of $0.31-0.33 per share; current EPS estimate is ($0.26).
Revenue to be in the range of $3.0 to $3.1 mln vs consensus estimate of $4.95 mln. Cites ongoing economic uncertainty and continued
slowdown in North American IT spending; see press release.
EXE Tech (EXEE) 4 3/4 -1 7/16: Company warns for Q1; sees EPS of about $0.03; current EPS estimate is $0.04. Revenues to be
approximately $29 mln. Compnay says non-core revenues from the resale of hardware products were about $900,000 lower than
expected. EXEE also announced Kenneth J. Powell to become president and COO; see press release.
FirePond (FIRE) 1 9/32 -23/32: Company announces a reduction in workforce by approximately 20%, to approximately 650
personnel; FIRE to take a Q2 restructuring charge in association; see press release.
Rhythms NetConn (RTHM) 3/16 -1/8: Catherine Hapka, Rhythms'Chairman and CEO, has resigned as an officer and director of the
Company, effective as of April 2, 2001. Steve Stringer, Rhythms' President and COO, has assumed the responsibilities of CEO and will
retain his current title; see press release.
Onyx Software (ONXS) 5 9/32 -1 15/32: Company warns for Q1; sees loss of $0.31-0.33 per share; current EPS estimate is
$0.01.ONXS cites a sharp pullback in anticipated purchases during the final days of March; see press release. |
