Touchscreen technology maker Synaptics said Thursday its first-quarter net income fell 23 percent as a one-time tax charge offset growth in demand for mobile phone screens. But the results beat expectations and shares jumped after-hours.
Silicon wafer manufacturer MEMC Electronic Materials Inc. said Thursday it fell to a third-quarter loss, reversing a year-ago profit, as sales plummeted 43 percent.
PMC-Sierra Inc. on Thursday said its third-quarter earnings rose more than six-fold even as revenue fell because last year's quarter was deflated by an investment loss and other charges.
Most of Netflix Inc.'s 11.1 million subscribers still get at least one DVD through the mail each month, but a growing number are spending more time watching an Internet streaming service that the company introduced in 2007.
Microsoft's profit fell 18 percent in the last quarter, partly because it deferred revenue to let summertime PC buyers get free upgrades to Windows 7, which launched Thursday.
Affiliated Computer Services Inc., which provides technology help to other companies, said Thursday its fiscal first-quarter profit fell 18 percent due to $9 million in deferred compensation costs.
Broadcom Corp. said Thursday its third-quarter earnings were cut in half as revenue tumbled, and the chip maker warned that sales are trending flat sequentially for the current period leading into the holidays.
Though Amazon.com Inc. calls the Kindle its best-selling product, the online retailer has repeatedly declined to say how many of the e-reader it has sold since introducing it nearly two years ago.
Saddled by crippling debt, FairPoint Communications Inc. is asking its union employees in northern New England for pay cuts and other concessions as it seeks to avoid bankruptcy.
Google co-founder Sergey Brin said Thursday that he believes it's a "shame" that Yahoo had decreased its focus on Internet search, through its recently announced partnership with Microsoft.
Chip maker Monolithic Power Systems Inc. said Thursday its third-quarter profit jumped 20 percent, nearly matching an all-time high in sales as it released a record number of new products.
Software maker CA Inc. said Thursday its second-quarter net income rose 8 percent from a year ago but it scaled back its forecast for full-year revenue growth and its shares retreated in after-market trading.