Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (40740)	2/23/2004 11:13:51 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69835

Dycom rises 3% in late trading after earning $16.4M (DY) by Chris Bagley SAN FRANCISCO (CBS.MW) -- Dycom Industries (DY) rose 67 cents, or 3 percent, in after-hours trading after the company said it swung to a profit of $16.4 million, or 34 cents a share, in its fiscal second quarter. The Palm Beach Gardens, Fla.-based company, which provides construction services to U.S. phone companies, said it earned 20 cents a share, excluding a gain on the sale of accounts receivable. That compares with the 18 cents expected by two analysts in a Reuters Research survey. Dycom reported a loss of 2 cents a share a year earlier. Sales came in at $196.4 million. That compares to analysts' estimate of $185.1 million, and to the $137.2 million the company recorded a year ago. [Harry: late mile activity be carriers and cables move inot VOIP and video on demand driving revenues? Need to heard the CC.] 4:57PM Synopsys warns on Q2 earns, announces acquisition (SNPS, MOSY) by David B. Wilkerson SAN FRANCISCO (CBS.MW) -- Chip design software maker Synopsys (SNPS) warned after the market closed Monday that it sees pro forma earnings of 31 cents a share to 35 cents a share in its fiscal second quarter, shy of the mean Thomson First Call forecast of 39 cents a share. Its fiscal first-quarter profit was $32.2 million, or 19 cents a share, compared to a profit of $34.4 million, or 22 cents a share, in the year-ago period. On a pro forma basis, Synopsys earned $54.3 million, or 33 cents a share, in the latest period. Analysts polled by First Call were looking for a profit of 31 cents a share. Revenue rose to $285.3 million from $268.1 million, surpassing the First Call mean estimate of $282.5 million. Separately, Synopsys said it will acquire Monolithic System Technology Inc. (MOSY), a maker of high-density chips, for $432 million, and has purchased privately held Accelerant Networks for an undisclosed amount.