NEW YORK (CNNmoney) - Priceline.com continued its rise from the ashes, beating third-quarter earnings expectations by 2 cents per share as it raised its forecast for the fourth quarter.
Priceline.com (PCLN: Research, Estimates) said its third-quarter earnings, excluding one-time items, totaled $6.3 million, or 3 cents per share. That compares with an operating loss during the same quarter a year ago.
The stock rose 35 cents to $4.75 after hours.
BEA Systems (BEAS: Research, Estimates) said it will miss both third- and fourth-quarter earnings expectations for fiscal 2002 and is cutting 9-to-10 percent of its work force.
In after-hours trading, BEA fell 43 cents to $11.27.
Computer Sciences (CSC: down $1.97 to $33.94, Research, Estimates), the world's No. 3 computer services supplier, said second-quarter net income for fiscal 2002 was $68.2 million, or 40 cents per diluted share, compared to $109 million, or 64 cents per share, a year earlier.
Wall Street had expected the company to earn an average of 38 cents a share, according to research firm First Call. Individual outlooks ranged between 34 cents and 40 cents a share.
Pharmaceutical firm CIMA Labs (CIMA: Research, Estimates) posted third-quarter earnings that beat Wall Street forecasts as revenue rose 64 percent from a year earlier, but it scaled back its outlook, citing order deferrals.
Net income rose to $3.8 million, or 24 cents per share, from $623,000 or 5 cents a share in the quarter a year ago and beat by a penny the consensus estimate of earnings per share as compiled by First Call.
The stock plunged $16.83, more than 30 percent, to $38.18 after hours.
Clothing maker and retailer Guess? (GES: Research, Estimates) reported net income before charges of $3.9 million, or 9 cents a diluted share. The latest results exclude restructuring, impairment and severance charges of $4.4 million, or $2.6 million net of taxes. Including the charges, net income was $1.3 million, or 3 cents per diluted share.
Guess? - which also announced it has reached an agreement to amend its credit facility - said net revenue from overall product sales declined 21.6 percent to $162.3 million from $206.8 million. Guess? forecast sales at stores open at least a year in October to reflect a decline in the low teens.
Coffee seller Starbucks (SBUX: Research, Estimates) October sales rose 1 percent from a year earlier for company-owned stores open 13 months or more.
Including recently opened stores, the coffee shops had net revenue of $224 million for the four-week period ended Oct. 28, 2001, a rise of 19 percent from the same period a year earlier.
Frontier Airlines (FRNT: Research, Estimates) reported second-quarter earnings before a gain of $1.8 million, or 6 cents per share, a penny shy of Wall Street expectations.
Passenger revenues fell 11 cents fro the year-ago period to $113.7 million.
-- from staff and wire reports
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