EdgeWater 10/26/2010 9:53:36 PM
News / Business

NASDAQ Tech Stock Gainers (YHOO, CTXS, CPWR)

NASDAQ Tech Stock Gainers

Yahoo! Inc. (NASDAQ:YHOO) added 0.58% to $16.40. The company said last week that its third-quarter net income jumped to $396.1 million or 29 cents a share, from $186.1 million, or 13 cents a share in the same period last year.

Analysts polled by FactSet Research had expected Yahoo to report third-quarter earnings of 15 cents a share, and $1.13 billion in net revenue.

The stock went down more than 3% year-to-date.

Citrix Systems, Inc. (NASDAQ:CTXS) gained 0.95% to $61.38. The company reported Thursday that its third quarter net income surged to $88 million, or 46 cents per share, from $53 million, or 29 cents per share, in the prior-year quarter.

Analysts, on average, expected the company to report earnings of 49 cents per share on revenue of $458.43 million. Looking ahead to the fourth quarter, the company expects GAAP earnings in the range of 47 cents to 49 cents per share. 

Over the past 52-week, the stock had traded within the range of $36.75-$71.93. At today`s closing market price, the market capitalization of the company stood at $11.47 billion.

Compuware Corporation (NASDAQ:CPWR) went up 0.20% and closed at $9.94. Last week, the company reported revenues of $225.9 million in the second quarter of fiscal 2011, up 3.6% year over year and up 9.4% sequentially. The revenues were above the Zacks Consensus Estimate of $224 million.

On a segment basis, revenues from software license fees declined 9.0% to $45.6 million. Revenues from maintenance and subscription fees came in at $122 million, up 11.2% from the year-earlier quarter. Revenues from professional services increased 0.3% year-over-year to $58.3 million.  

Over the past 52-week, the stock had traded within the range of $6.79-$10.39. The stock made its fresh 52-week high of $10.39.

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