Advanced Energy Industries (AEIS): The maker of semiconductor-manufacturing equipment said it earned 51 cents a share, short of the 65 cents forecast by analysts polled by First Call/Thomson Financial. Shares of Advanced Energy fell $10.44, or about 40 percent, to $15.50.
DoubleClick (DCLK): The Internet advertising company said it lost $10.7 million, or 9 cents a share, compared with $136,000, or breakeven, a year earlier. Excluding amortization and noncash charges, DoubleClick earned $3.74 million, or 3 cents a share, compared with $1.23 million, or 1 cent, in the year-ago period. That matched the 3-cent average expected by analysts polled by First Call. Revenue rose 79 percent to $135.2 million from $75.3 million. Shares of DoubleClick fell $6.13, or almost 34 percent, to $12.
Gateway (GTW): The computer seller announced earnings Thursday of 46 cents per share, meeting the forecast of analysts polled by First Call. The company reported revenue of $2.53 billion, compared with $2.18 billion in the year-earlier period. Shares of Gateway rose $4.95, or about 11 percent, to $48.58.
Juniper Networks (JNPR): The maker of high-speed networking devices announced a third-quarter profit of $58.1 million, or 17 cents per share, compared with a loss of $1.6 million, or 1 cent, during the same quarter last year. Financial analysts had predicted earnings of 9 cents per share, according to First Call. Shares of Juniper rose $9.53, or almost 5 percent, to $209.13.
PMC-Sierra (PMCS): The designer of semiconductors reported a net loss of $29.7 million, or 18 cents a share, compared with a profit of $15.8 million, or 10 cents, in the year-earlier period. Revenue surged to $198.1 million from $82.5 million. Shares of PMC-Sierra rose $3.56, or about 2 percent, to $162.
Sycamore Networks (SCMR): Local-phone giant BellSouth agreed to install Sycamore Networks' fiber-optic networking equipment in a new Florida facility, a significant endorsement for the small optical company. Shares of Sycamore fell $1.44, or almost 2 percent, to $75.56.
Veritas Software (VRTS): The storage-management software company announced losses that narrowed to $148.1 million, or 37 cents a share, from $183.6 million, or 48 cents, a year earlier. Veritas said it would have earned $70.3 million, or 16 cents a share, excluding amortization of goodwill. The company was expected to earn 14 cents a share on that basis, the average estimate from analysts surveyed by First Call. Shares of Veritas rose $6.31, or about 5 percent, to $127.94.