Among the earnings projection stories for Wednesday, Jan. 30, from AP Financial News:
IRVINE, Calif. (AP) _ Newport Corp., which makes lasers and instruments for a range of industries, said Wednesday it expects first-quarter profit will miss analyst expectations on seasonally slow sales.
DALLAS (AP) _ Credit card services provider Alliance Data Systems Corp. on Wednesday forecast 2008 profit above Wall Street expectations on growth in its Epsilon, Canadian loyalty and private label businesses.
REDMOND, Wash. (AP) _ Concur Technologies Inc., which makes software to help businesses automate employee expense reports, on Wednesday raised its full-year outlook after reporting its fiscal first-quarter earnings soared nearly fourfold.
LEXINGTON, Mass. (AP) _ BladeLogic Inc., a provider of data center automation software, forecast a second-quarter loss on Wednesday, and said increased investments in sales during the second half of 2008 will hurt full-year results.
BOZEMAN, Mont. (AP) _ Customer management software company RightNow Technologies Inc. forecast larger first-quarter and full-year losses than analysts expected.
SAN JOSE, Calif. (AP) _ Semiconductor manufacturing equipment maker Cadence Design Systems Inc. on Wednesday issued first-quarter and full-year outlooks well below Wall Street predictions, sending shares sharply lower in aftermarket trading.