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  • Quantum Plunges 25%: Failed To Close Q3 Orders

    Shares of Quantum (QTM), makers of back-up storage systems, plunged 89 cents, or 25%, in late trading, to $2.70, after the company reported fiscal Q3 revenue and EPS below estimates and a sharply underwhelming forecast as well. Q3 revenue fell 3%, year over year, but rose quarter to quarter, to $176 [...]

  • MMI, QCOM: Sizing Up The Opportunities

    Following quarterly earnings reports this evening, both Motorola Mobility (MMI) and Qualcomm (QCOM) held meetings with the Street to go over the details. Motorola Motorola CEO Sanjay Jha reiterated the company's expectation to ship its Atrix smartphone and its Xoom tablet by the end of February, while a version of Xoom pre-packaged [...]

  • Citrix: Q4 Beats, Year View Tops Estimates (Update)

    Shares of Citrix Systems (CTXS) are up $1.02, or 1.6%, at $64.36, after the company this afternoon reported Q4 revenue of $530 million, up 17.5%, year over year, and ahead of the average $510 million estimate. Q4 EPS of 65 cents was five cents better than expected. For Q1, the company sees [...]

  • SYMC Rises: FYQ3, Q4 View Beat; Sets $1B Repurchase Plan

    Shares of Symantec (SYMC) are up 45 cents, or 2.5%, at $18.25 after the company this afternoon reported fiscal Q3 revenue of $$1.6 billion, up 4%, year over year, and ahead of the average $1.58 billion consensus, and EPS of 35 cents, 2 cents better than expected. For fiscal Q4, the [...]

  • Moto Mobility Falls 6%: Sees Q1 Net Loss $0.09 To $0.21
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