AMDOCS
LTD (DOX, 37.70)- The maker of customer care and billing systems for
the communications industry beat estimates by a penny as its third quarter
earnings rose 43.5% to 33 cents per share. Revenues in the quarter
increased 36% to $404 million, above analysts' estimates of $402 million.
CNET INC (CNET, 9.65)- The
Internet media company met expectations as its second quarter loss widened
to 17 cents per share from last year's loss of four cents. Revenues
in the quarter tumbled 31.8% to $71.1 million. The company said it
plans to reduce its workforce by 15% as part of a cost cutting
effort. The company said it sees third quarter revenues of $70-$75
million, and expects to report an EBITDA loss of $10-$17 million.
Analysts were looking for third quarter revenues of $77 million. The
shares fell 0.15 in after hours trading on the news.
DOLLAR TREE STORES INC (DLTR, 33.12)-
The discount variety store operator beat estimates by a penny as its
second quarter earnings fell to 19 cents per share from last year's 22
cents. Revenues in the quarter increased 14.5% to $440.4 million,
but same store sales declined 2.7%. The shares are down 4.62 in
pre-open trading on the news.
ENTRUST TECHNOLOGIES INC (ENTU, 4.63)-
The provider of Internet security solutions beat estimates by two cents as
it reported a second quarter loss of 23 cents per share, compared to last
year's profit of three cents. Revenues in the quarter rose 2% to $30
million, below analysts' estimates of $33 million. The company said
it reduced its workforce by 396 positions, or 33%, during the
quarter. The company now sees a third quarter loss of
($0.08)-($0.12) per share, compared to analysts' estimates of a loss of 14
cents.
INFOSPACE CORP (INSP, 3.33)- The
Internet content provider beat estimates by three cents as it reported
second quarter earnings of one cent, compared to last year's loss of two
cents. Revenues in the quarter rose 9.2% to $50.9 million. The
shares have tumbled 28.8%, or 0.96, in pre-open trading on the news.
PEOPLESOFT INC (PSFT, 34.24)- The
enterprise software maker beat estimates by two cents as its second
quarter earnings jumped 133% to 14 cents per share. Revenues in the
quarter rose 27% to $533 million. Analysts were looking for revenues
of $499 million. The shares are up 3.16 in pre-open trading on the
news.
REMEDY CORP (RMDY, 28.10)- The
maker of CRM software missed estimates by two cents as its second quarter
earnings fell to six cents per share from last year's 29 cents.
Revenues in the quarter fell 6.9% to $64.3 million. Analysts were
looking for revenues of $68 million.The shares rose 2.80 in after hours
trading on the news.
TICKETMASTER (TMCS, 12.95)- The
ticketing company beat estimates by five cents as it reported second
quarter earnings of 14 cents per share, compared to last year's loss of
two cents. Revenues in the quarter rose 12.6% to $187 million, above
analysts' estimates of $180 million. The shares are up 1.55 in
pre-open trading on the news.
VANS INC (VANS, 21.91)- The
athletic shoemaker beat estimates by a penny as its fourth quarter
earnings rose 33% to 16 cents per share. Revenues in the quarter
increased 27.5% to $85.2 million, and same store sales rose 9.2%. Analysts
were looking for revenues of $78 million. Gross margins improved to 44%
from last year's 42.7%.
WITSOUNDVIEW GROUP INC (WITC, 1.72)-
The technology focused investment banking group missed estimates by two
cents as it reported a second quarter loss of seven cents per share,
compared to last year's profit of two cents. Revenues in the quarter
slid to $33.8 million from last year's $96.1 million.