6:02AM Documentum (DCTM) 14.28 -0.32: Reports Q3 (Sep) loss of $0.20 per share, $0.01 better than the Multex consensus of ($0.21); revenues fell 13.3% year/year to $44.8 mln vs the $44.7 mln consensus. Company planning to reduce expenses by 6% to bring breakeven revenue down to $50 mln.
6:02AM Conexant (CNXT) 9.75 +0.74: Reports Q4 (Sep) loss of $0.54 per share, $0.02 better than the Multex consensus of ($0.56); reported Q4 revenue of $201 mln vs the Multex consensus of $189.2 mln. For FY01 reported pro forma net loss of $2.46 per share vs the Multex consensus for a net loss of $1.63 per share; revenue fell 47% year/year to $1.1 bln vs the Multex consensus of $1.05 bln. For Q1 projects 15% improvement in pro forma loss (or $0.45 per share) vs the consensus net loss of $0.44.
6:04AM MedImmune (MEDI) 37.59 +0.94: Reports Q3 (Sep) loss of $0.09 per share, $0.01 worse than the Multex consensus of ($0.08); revenues fell 23% year/year to $47.4 mln vs the $50.9 mln consensus; expects Q4 earnings of $0.45-$0.46 per share versus the current consensus estimate of $0.46 per share.
6:06AM SonicWALL (SNWL) 16.00 +0.35: Reports Q3 (Sep) earnings of $0.08 per share, in line with the Multex consensus of $0.08; revenues rose 50.8% year/year to $27.8 mln vs the $28.6 mln consensus. Company announces that Cosmo Santullo is the new CEO and President.
4:54PM Gateway (GTW) 5.39 -0.16: Reports Q3 net loss of $0.17 per share ex items, $0.02 worse than the consensus; reports Q3 revenue of $1.4 bln versus the consensus estimate of $1.3 bln; affirms its expectation to return to profitability in the fourth quarter on a pre-tax income basis.
4:53PM eBay (EBAY) 59.06 +1.97: -- Update -- Dow Jones reporting that EBAY offers Q4 guidance ranges of $0.11-0.12 EPS and $200-210 mln revenues; the midpoints of which are slightly below Multex consensus estimates are $0.12 and $209 mln.
4:51PM Teradyne (TER) 20.00 -1.25: Plans to offer $300 mln of Convertible Senior Notes due 2006 in a private placement, subject to market and other conditions.
6:03AM Guidant Corp (GDT) 39.27 -0.22: Reports Q3 (Sep) earnings of $0.40 per share, in line with the Multex consensus of $0.40; revenues rose 10.1% year/year to $661.6 mln vs the $653.1 mln consensus.
4:47PM THQ Inc (THQI) 54.00 2.50: Reports Q3 net of $0.14 a share, $0.03 better than consensus, vs yr-ago EPS of $0.06. Rev rose 28% to $68 mln. Company raising 2001 guidance to $1.43-$1.49 (mean $1.45).
6:04AM KLA-Tencor (KLAC) 34.88 -0.33: Reports Q1 (Sep) earnings of $0.44 per share, $0.01 better than the Multex consensus of $0.43; revenues rose 31.4% year/year to $502.8 mln vs the $474.0 mln consensus; company ended the quarter with over six months of backlog.
6:03AM Genesis Microchip (GNSS) 33.40 +0.48: Reports Q2 (Sep) earnings of $0.29 per share, $0.11 better than the Multex consensus of $0.18; revenues rose 140.3% year/year to $36.1 mln vs the $30.0 mln consensus; guides higher for Q3; sees Q3 revenues of over $36 mln versus the consensus estimate of $30 mln.
4:43PM Emulex (EMLX) 20.05 -0.96: Posts Q1 net of $0.09 a share, $0.01 better than consensus, vs yr-ago EPS of $0.17. Rev fell 5% to $52.7 mln (mean $51.5 mln). Company purchased 1 mln shares of its stock during the qtr at an avg price of $10.54 per share.
6:02AM Compuware (CPWR) 10.25 -0.14: Reports Q2 (Sep) earnings of $0.10 per share, in line with the Multex consensus of $0.10; reports Q2 revenues of $424.0 mln vs the consensus estimate of $421.4 mln.
4:40PM Microsoft (MSFT) 56.75 +0.72: -- Correction -- Original comment incorrectly reported Sep qtr revenues of $5.766 bln; that was the year-ago -- the correct figure was $6.126 bln, which was in line with expectations.
6:01AM Business Objects (BOBJ) 24.00 -1.25: Reports Q3 (Sep) earnings of $0.15 per share, $0.02 better than the Multex consensus of $0.13; revenues rose 15.3% year/year to $99.2 mln vs the $96.4 mln consensus. Company reaffirms Q4 guidance of $108-111 mln in revenues and EPS of $0.18-0.20 vs Multex estimates of $108.5 mln and $0.20.
4:38PM Xilinx (XLNX) 26.44 -1.04: Reports a Q2 pro forma loss of $0.13 a share vs a yr-ago profit of $0.32. The figure includes a "sizeable inventory write-down" of undisclosed amount. Before the writedown, analysts had expected XLNX to post a profit of $0.03. Rev for the qtr fell 22% sequentially to $224.6 mln (mean $221.8 mln).
6:02AM Cheesecake Fctry (CAKE) 26.44 -0.52: Reports Q3 (Sep) earnings of $0.20 per share, in line with the Multex consensus of $0.20; revenues rose 23.6% year/year to $137.6 mln vs the $137.5 mln consensus.
6:03AM eBay (EBAY) 59.06 +1.97: Reports Q3 (Sep) earnings of $0.12 per share, $0.01 better than the Multex consensus of $0.11; reports Q3 revenues of $194.4 mln vs the consensus estimate of $188.9 mln.
4:35PM Microsoft (MSFT) 56.75 +0.72: -- Update -- Some question now as to whether the new $1.61-1.66 FY02 guidance includes the 20 cent charge recorded this quarter. If the new guidance does include this, the range would be $1.81-1.86 excluding the charge vs the $1.88 consensus; this makes sense given that the revenue guidance was in-line.
6:02AM Computer Assoc (CA) 27.92 +0.02: -- Update -- Reports Q2 (Sep) earnings of $0.61 per share, $0.09 better than the Multex consensus of $0.52; pro forma revenues came in at $1.44 bln vs $1.43 consensus.
4:29PM PeopleSoft (PSFT) 24.30 +1.11: Reports Q3 earnings of $0.16 per share, $0.03 better than the consensus; reports Q3 revenue of $509 mln vs the consensus of $518 mln; no formal guidance issued with report.
6:00AM Adaptec (ADPT) 9.90 +0.39: Reports Q2 (Sep) earnings of $0.05 per share, $0.03 better than the Multex consensus of $0.02; revenue fell 13.8% year/year to $95.4 mln.
4:28PM Microsoft (MSFT) 56.75 +0.72: -- Update -- Though Q4 guidance differed only slightly from consensus, FY02 EPS was guided significantly lower to $1.61-1.66 vs the $1.88 consensus, while revenues of $28.4-29.1 bln were close to consensus numbers of $28.43 bln (Multex) and $28.8 bln (First Call).
6:04AM Integrated Device (IDTI) 23.20 -1.95: Reports Q2 (Sep) loss of $0.05 per share, $0.02 better than the Multex consensus of ($0.07); reports revenue of $97.1 mln vs the consensus estimate of $100.5 mln.
4:25PM Microsoft (MSFT) 56.75 +0.72: -- Update -- Reports Q1 (Sep) earnings of $0.43 excluding charges, four cents better than the Multex consensus of $0.39; revenues of $6.126 bln were in line with the $6.1 bln consensus; company guides Dec qtr to $0.49-0.50 from $0.51 consensus; revenues seen at $7.1-7.3 bln vs $7.18 bln consensus.
4:24PM Sangamo BioSci (SGMO) 7.69 +0.34: Announces achievement of significant milestone in alliance with Edwards Lifesciences (EW) to use gene regulation to treat cardiovascular disease. Triggers a $1.4 mln milestone payment to SGMO.
6:07AM Zoran Corp (ZRAN) 20.52 -2.05: Reports Q3 (Sep) earnings of $0.15 per share, $0.01 better than the Multex consensus of $0.14; revenues rose 26.7% year/year to $30.4 mln vs the $29.2 mln consensus; company expects sequential revenue growth of 10%-15%.
4:22PM Sycamore Ntwks (SCMR) 4.84 -0.26: Company warns for OctQ (Q1); expects rev of $20-$25 mln vs $33.42 mln consensus. SCMR sees loss for the qtr of $0.16-$0.18 (consensus -$0.16); cites continued deceleration of spending in the telecommunications sector.
4:21PM Scientific-Atlanta (SFA) 17.20 -0.45: -- Update -- Reports Q1 (Sep) gain of $0.23 per share, $0.05 better than the Multex consensus of $0.18; revenue fell 31% year/year to $410.1 mln vs $406 mln consensus. The backlog at quarter end was $662.9 mln, a decrease of $225.9 mln from Q1 last year. Announced agreement with America Online to develop a version of the AOLTV service for cable and an agreement with Mediatti, for the launch of Japan's first interactive digital cable TV system.
6:05AM Pitney Bowes (PBI) 37.64 -1.11: Reports Q3 (Sep) earnings of $0.57 per share, in line with the Multex consensus of $0.57; reports Q3 sales of $1.04 bln vs the consensus of $1.08 bln; warns for fiscal 2002; sees earnings in the range of $2.35 to $2.40 per share vs the current consensus estimate of $2.53 per share.
4:15PM Inktomi (INKT) 4.40 -0.14: Reports Q4 (Sep) loss of $0.13 per share, $0.03 better than the Multex consensus of ($0.16); revenues fell 47.9% year/year to $39.0 mln vs the $38.8 mln consensus; CEO says environment remains challenging but company is poised to become profitable over coming year.
6:05AM Nortel Networks (NT) 5.92 -0.03: Reports Q3 (Sep) loss of $0.27 per share, $0.01 better than the Multex consensus of ($0.28); revenues fell 45.1% year/year to $3.69 bln vs the $3.60 bln consensus; excluding inventory writedowns, gross margin fell to 25% from 26% in Q2.
6:02AM Callaway Golf (ELY) 13.57 +0.02: Reports Q3 (Sep) earnings of $0.20 per share, $0.01 better than the Multex consensus of $0.19; revenues fell 5.9% year/year to $195.8 mln vs the $190.6 mln consensus; expects full year sales in the range of $800-$820 million vs the consensus of $830 mln; sees full year earnings in the range of $1.01 - $1.06 per share vs the consensus of $1.04 per share.
4:17PM PMC-Sierra (PMCS) 16.60 +1.09: Reports Q3 pro forma loss of $0.16 a share, $0.02 better than consensus. Rev fell 35% to $61.6 mln (mean $63.5 mln). PMCS cutting its workforce by approx. 350 employees or 24%.
4:14PM TriQuint Semi (TQNT) 17.43 -0.59: Reports Q3 earnings of $0.05 per share, $0.01 better than the consensus estimate; reports Q3 revenue of $80.8 mln vs the consensus of $79.8 mln.
4:14PM Illuminet Holdings (ILUM) 44.21 +2.46: Posts Q3 net of $0.32 a share, $0.03 better than consensus, vs yr-ago EPS of $0.30. Rev rose 26% to $52.3 mln. (Company is in the process of being acquired by VeriSign).
6:04AM Interwoven (IWOV) 7.25 -0.30: Reports Q3 (Sep) loss of $0.04 per share, in line with the Multex consensus of ($0.04); revenues were $43.188 mln vs consensus of 43.6 mln.
4:11PM Applied Micro (AMCC) 10.70 +0.38: Reports Q2 net loss of $0.04 per share, $0.01 better than the consensus; reports Q2 revenues of $41.3 mln vs the consensus of $40.3 mln;
4:10PM Adv. Fibre Comm (AFCI) 20.12 -1.01: Reports Q3 net of $0.05 a share, in line with consensus, vs yr-ago EPS of $0.15. Rev fell 43.3% to $84.65 mln (mean $81.8 mln). Remains cautiously optimistic will experience moderate growth next year.
4:08PM Corning Inc (GLW) 8.02 -0.14: Reports Q3 (Sep) earnings of $0.09 per share, $0.06 better than the Multex consensus of $0.03; warns for Q4 sees Q4 net loss in the range of $0.20-$0.25 per share versus the current consensus estimate for a net loss of $0.06 per share; sees Q4 revenues of $1 bln versus the current consensus estimate of $1.2 bln.
6:02AM Carrier Access (CACS) 2.70: Reports Q3 (Sep) loss of $0.13 per share, $0.07 better than the Multex consensus of ($0.20); revenues fell 48% year/year to $20.9 mln vs the $20.0 mln consensus.
6:07AM Sun Microsystems (SUNW) 8.88 +0.08: Reports Q1 (Sep) loss of $0.05 per share excluding charges, $0.01 better than the Multex consensus of ($0.06); revenues fell 43.3% year/year to $2.86 bln vs the $2.89 bln consensus; no further guidance and no conference call for Sun as they just hosted a call on Oct 5. |
