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Equity Movers: Scient, SpeechWorks, Compuware, Ericsson

Scient, SpeechWorks International, Compuware, Ericsson, and Exodus Communications are among the companies expected to move markets today.

2 min read
The following is a list of technology companies that may move in the markets Friday, Oct. 20.

Scient (SCNT): The Net consulting firm reported earnings one penny higher than Wall Street estimates for its September quarter. The company said it earned 7 cents per share, compared with a loss of 2 cents per share in the year-earlier period. Analysts polled by First Call/Thomson Financial had predicted the company would earn 6 cents a share. Shares of Scient fell 44 cents, or 2.41 percent, to $17.75.

SpeechWorks International (SPWX): The maker of voice-recognition software announced third-quarter revenue figures that more than tripled from the year-earlier period. SpeechWorks said that excluding noncash charges and amortization of intellectual property rights, it lost $5.4 million, or 20 cents a share, better than the expected 23 cent loss predicted by analysts surveyed by First Call/Thomson Financial. Shares of SpeechWorks rose 50 cents, or 0.62 percent, to $81.50.

Compuware (CPWR): The corporate software maker said Thursday that its fiscal second-quarter earnings fell 78 percent. Still, the company beat Wall Street estimates, announcing earnings of 6 cents per share, 1 cent above the lowered analyst expectation of 5 cents. Shares of Compuware fell 3 cents, or 0.52 percent, to $6.

Ericsson (ERICY): The wireless phone company cut forecasts for profitability and sales this year because of losses from the manufacture of mobile phones. The company said sales will rise about 25 percent this year, slightly below an earlier forecast. Operating profit will be 6 percent to 7 percent of sales, below a previous forecast of 10 percent. Shares of Ericsson fell $2.13, or 15.18 percent, to $11.88.

Exodus Communications (EXDS): The Web site operator said that its third-quarter loss widened to $69.5 million, or 17 cents a share, from a net loss of $31.5 million, or 9 cents a share, a year earlier. The company was expected to lose 18 cents a share, the average estimate of analysts polled by First Call/Thomson Financial. Shares of Exodus fell $5.06, or 13.30 percent, to $33.

NBC Internet (NBCI): The president of NBC's Internet arm, Edmond Sanctis, is expected to resign from his post imminently. Shares of NBCi rose 6 cents, or 1.3 percent, to $4.88.

TiVo (TIVO): The company, which makes digital control boxes for television sets, reported a net loss of $64 million, or $1.72 per share, for the third quarter. A consensus of analysts had expected the company to lose $2.31 per share, according to First Call/Thomson Financial. Shares of TiVo rose 9 cents, or 1.95 percent, to $4.91.

eBay (EBAY): The online auction giant said that third-quarter revenues rose 94 percent and that the company beat analyst expectations. Shares of eBay rose $4.94, or 8.63 percent, to $62.13.