SiliconBeat

Aviza Technology, the supplier of chip-making equipment and processes, decided it was time to crow about its upwardly revised profit forecast for its fiscal 2009 first quarter that ended Dec. 26.

Despite the fact that the company expects sales to be at the low end of its original guidance range of $25 million to $32 million, the Scotts Valley company said it now expects “adjusted” net income to range somewhere between Read the rest of this entry »

Computer game-maker Electronic Arts said it expects sales and profits for its 2009 fiscal year ending next March to be below its previous guidance given on Oct. 30, when the company said it expected sales to come in “between $4.9 and $5.15 billion”, or 33 to 41 percent higher than the year before. Profit was forecast to range between a loss of 21 cents to a gain of 7 cents per diluted shares.

The downturn was primarily the result of Read the rest of this entry »

The Internet auctioneer, eBay, reported a sequential drop in quartlery quarterly sales Wednesday for the first time in its history as a public company. Sales totaled $2.12 billion in the 2008 third quarter, up 12.1 percent from the year before quarter, but down 3.6 percent from the quarter before, something that has never happened before.

The results included an accelerating sequential drop Read the rest of this entry »

Interwoven, the San Jose developer of Internet content management software, went against the apparent economic grain Thursday when it revised expectations for its recently completed quarter up, not down. It now expects to report sales in the range of $65 to $66 million, up from a range of $63 to $65 million, according to a regulatory filing.

Shares of Interwoven (ticker:IWOV) rose 25 cents, or 2 percent, to $12.99, according to Yahoo finance. They touched a 52-week high of $16.01 on Aug. 13.

Trident Microsystems shares got hammered after hours on Monday after the company reported a slew of news, including results for its fiscal 2008 fourth quarter and guidance for its current quarter, a 10-year extension of its shareholder rights plan (AKA poison pill), and the permanent appointment of the company’s previously interim chief financial officer. Read the rest of this entry »

Rambus said it intends to “reduce our current cost structure through actions which may include downsizing our workforce” after reporting a 25 percent drop in sales for its second quarter compared with the year-before quarter, according to its earnings release this afternoon.

The company’s net loss ballooned to Read the rest of this entry »

Shares of Sun Microsystems shot up in after-hours trading Tuesday after the company reported that its fourth-quarter profit may have beaten analysts’ expectations. The shares were up 15 percent from where they ended regular trading on Tuesday, according to our Bloomberg box. If that holds up in regular trading on Wednesday it would make for the stock’s biggest one-day gain since Read the rest of this entry »

Veraz Networks of San Jose lowered expectations for sales in its 2008 second quarter, saying the “June quarter was impacted by a challenging business environment,” according to a press release the company put out before U.S. markets opened Tuesday.

“While our Q2 bookings were satisfactory, the bookings did not translate into Q2 revenues as expected,” said the company’s chief executive, Doug Sabella, in a (under)statement in the release. The company now expects revenue for the quarter ended June 30 “to be in the range of Read the rest of this entry »

Nvidia shocked investors Wednesday when it said its profitability in the quarter just ended would be lower than it had previously forecast in early May. The company cited delays in a new multi-chip package product, pricing pressure for its graphics processing products and “end-market weakness around the world”. Investors were not pleased. Read the rest of this entry »