Holy Moly! Warnings galore tonight!
Pivotal Corp (PVTL) 18.20 +1.14: Company warns for Q4; sees loss of $0.28-0.32 vs. current EPS estimate of $0.04; see press release.
Extensity (EXTN) 8.96 -1.14: Company warns for Q2; sees loss of $0.28 vs. current EPS estimate of ($0.27); company says the last two weeks of the quarter marked a dramatic change in the business climate whereby several major deals delayed to subsequent quarters; see press release.
Polycom (PLCM) 22.15 -0.94: Company warns for Q2; sees EPS of $0.12-$0.13 (mean $0.15); puts revenues at $83-$85 mln vs the $91 mln consensus estimate.
Crompton (CK) 10.73 -0.17: Company warns for Q2; sees earnings of $0.10-0.12 vs. current EPS estimate of $0.20; company cites: persistent softness in the U.S. auto production sector; a dramatic drop in industrial production representing the longest period of decline in key industrial indices since the 1982 recession; and significant weakness in capital spending for production machinery; see press release.
Natl Instruments (NATI) 32.01 -0.44: Company warns for Q2; sees earnings of approx $0.18 vs. current EPS estimate of $0.27; cities an economy that deteriorated significantly, affecting a broad base of its customers, particularly those in the telecommunications, semiconductor, and automated test equipment industries; see press release.
IKOS Systems (IKOS) 7.19 0.17: Enters agreement to be acquired by Synopsys Inc (SNPS). Under terms of the deal, the final per share price will range from $6 to $20 and be determined by IKOS' revenue, change in backlog, and profit before tax for the 12-month measurement period ending June 30, 2002; see press release.
Sybase (SY) 16.81 +0.36: Company warns on revs for Q2; sees revs of $232 mln vs. est $246.5 mln; does expect pro-forma operating earnings on a fully-diluted basis expected to be in line with analysts consensus estimates of $0.23; see press release.
Informatica (INFA) 16.30 -1.06: Company warns for Q2; puts loss for the qtr at approx. $0.01 a share on revenues of $47 mln vs current consensus estimates of a $0.06 profit and $56 mln in revenues; company continued to see softness in the U.S. economy and further slowing in Europe.
Avid Tech (AVID) 14.55 -1.15: Company warns for Q2; sees revs $108-111 mln vs. consensus est of $125; cites the impact of the global economic slowdown on this quarter's projected results; see press release.
Electroglas (EGLS) 17.55 -0.15: Company warns for Q2; trims revenue outlook to $22-$24 mln from previous guidance of $26-$30 mln and consensus of $28 mln.
Amkor Tech (AMKR) 22.48 +0.38: Company warns for Q2; sees revs of $250 mln vs. consensus est of $398 mln; company says "Even though we believe we are gaining market share, we are certainly being impacted by the most severe semiconductor industry downturn in history. Excess inventory within the electronics industry, together with sluggish end market demand, have contributed to a lack of visibility throughout the supply chain that has made forecasting very difficult." see press release.
Internet Security Sys (ISSX) 50.17 +1.61: Company warns for Q2; sees loss of $0.00-0.02 vs. current EPS estimate of $0.15; cites larger customers deferring a significant amount of business, either lowering the amount purchased in the current quarter or deferring the decision to later periods; see press release.
E.piphany (EPNY) 10.50 +0.34: Company warns for Q2; sees loss of $0.29-0.30 vs. current EPS estimate of ($0.27); company says, "We believe that the North American market stabilized during the quarter, as revenue in that market declined only slightly from the first quarter. However, our international business, which is less mature and more influenced by larger deals, experienced a more significant sequential decline." see press release.
Resources Connect (RECN) 25.05 -0.79: Reports Q4 earnings of $0.23 a share, $0.03 better than the First Call consensus of $0.20, vs year-ago earnings of $0.15; revenues rose 43.5% to $55.72 mln from a year-ago of $38.83 mln; see press release.
Axsys Technologies, Inc. (AXYS) 10.91 -0.96: Company warns for Q2; sees loss of $0.16-0.18 vs. current EPS estimate of ($0.05); company says warning is principally due to weaker results within the Company's Distributed Products Group, which is expected to generate revenues in the second quarter that are approximately $1.7 million less than the second quarter of 2000. This group has seen a significant decline in orders in recent quarters and ships most orders within a short turnaround time; see press release.
DuPont (DD) 48.09 -0.15: Company warns for Q2; sees earnings of $0.35-0.45 vs. current EPS estimate of $0.53; "The global economic slowdown that has forced U.S. manufacturing capacity utilization to levels equal to the 1982 recession is now expanding to Europe, South America, and parts of Asia." see press release.
Rational Sftwr (RATL) 27.40 -0.65: Company warns for Q1; sees revs in range of $172-$176 mln vs. consensus ests for $185 mln and pro-forma earnings in the range of $0.07 to $0.08 per share vs. consensus est of $0.08 EPS; cites particular weakness in Europe and in parts of Asia; see press release. |
