AOL TIME WARNER INC
(AOL, 32.50)- The media company warned that its full year results will
fall short of expectations due to continued weak advertising trends.
The company now sees revenue growth of 5%-7% and EBITDA growth of 20%,
compared to previous expectations of 10.5% and 31%, respectively.
The shares fell 1.00 in after hours trading on the news.
AULT INC (AULT, 4.10)- The maker
of external power conversion products missed estimates by 17 cents as it
reported a first quarter loss of 14 cents per share, compared to analysts'
estimates of a profit of 13 cents. Revenues in the quarter dropped
53% to $10.3 million, below analysts' estimates of $15 million.
ENGAGE TECHNOLOGIES (ENGA, 0.25)-
The CMGI-controlled enterprise marketing software company beat estimates
by seven cents as its fourth quarter loss narrowed to four cents per share
from last year's loss of $0.39. Revenues in the quarter tumbled 67%,
and 28% sequentially, to $9.1 million.
HERMAN MILLER INC (MLHR, 20.05)-
The office furniture maker met expectations as its first quarter earnings
tumbled 90% to four cents per share. Revenues in the quarter slumped
25.1% to $410.3 million, below analysts' estimates of $466 million.
Orders fell 33.3% to $416.2 million, and backlog declined 36.1% to $230
million. The company warned that it sees second quarter revenues of
$400-$420 million and earnings of $0.04-$0.08 per share, compared to
analysts' estimates of revenues of $536 million and earnings of 13 cents.
ROADWAY CORPORATION (ROAD, 24.85)-
The trucking company beat estimates by six cents as its third quarter
earnings fell 24.6% to 43 cents per share. Revenues in the quarter
declined 9.6% to $631.7 million.
STEINER LEISURE LTD (STNR, 13.35)-
The provider of cruise ship spa services warned that it expects its third
and fourth quarter results to fall short of expectations. Analysts
were looking for third quarter earnings of 33 cents and fourth quarter
earnings of 34 cents.