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What: Shares of AsiaInfo-Linkage
So What: AsiaInfo actually reported strong results. Revenue grew 91.5% over last year's third quarter. Per-share earnings improved 38% to $0.40 on a Non-GAAP basis. Alas, growth won't continue at that same pace.
Now What: Management sees AsiaInfo booking a maximum of $123 million in revenue in the fourth quarter, well below the $126.8 million analysts predicted in a recent Bloomberg survey. But that may be a smaller problem than today's sellers believe. Unlike peer Amdocs
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Twitter as @milehighfool. You can also get his insights delivered directly to your RSS reader. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is also on Twitter as @TheMotleyFool. Its disclosure policy is at least 10% better than other disclosure policies.