ON Semiconductor (ONNN) 5.19 +0.23: Reports Q1 loss of $0.07 a share, $0.07 better than the First Call consensus of ($0.14), vs
year-ago earnings of $0.03; revenues fell 13.5% to $357.00 mln from a year-ago of $412.50 mln. For Q2, the company anticipates
approximately flat to slightly down sequential revenues.
QUALCOMM (QCOM) 62.98 +3.48: -- Update -- On conference call, mgmt said "near term demand has softened" and they are
"hopeful it's only a near-term issue." ...stock trading at 55.45.
Boston Scientific (BSX) 15.50 +0.50: Reports Q1 earnings of $0.21 a share, $0.01 worse than the First Call consensus of $0.22, vs
year-ago earnings of $0.26; revenues fell 3.7% to $654.00 mln from a year-ago of $679.00 mln. Revenues were $654 million, down
3.7% from $679 mln in the year-ago period.
Foundry Networks (FDRY) 10.73 +0.57: -- Update -- On call, company will not give specific revenue guidance, but says it is
"cautiously optimistic" and that its "internal goal, at the low end, is to do better than last year." In last year's Jun qtr, FDRY revenues were
$88.8 mln; consensus for this year is $82 mln, so this hint can be construed positively. Stock at 11.28 after hours.
PeopleSoft (PSFT) 29.93 -0.06: -- Update -- On conference call, mgmt says they "have put enormous resources into our CRM line to
challenge SEBL's dominance in the sector." Does not want to discuss details of upcoming release for next generation software. PSFT
+3.47 |
