3 Tech Stocks in Trading Focus After Earnings

LinkedIn Corporation (NYSE:LNKD) reported net income above Wall Street’s expectations for the fourth quarter. Net income for LinkedIn Corporation rose to $6.9 million (6 cents per share) vs. $5.3 million (3 cents per share) in the same quarter a year earlier. This marks a rise of 30.1% from the year earlier quarter. Revenue rose more than twofold to $167.7 million from the year earlier quarter. LinkedIn Corporation reported adjusted net income of 12 cents per share. By that measure, the company beat the mean analyst estimate of a loss of one cent per share. It beat the average revenue estimate of $159.7 million.

“Q4 once again exceeded our expectations for member engagement and business growth. It was a fitting end to a memorable year in which we reinforced our position as the pre-eminent professional network on the web,” said Jeff Weiner, CEO of LinkedIn.

Activision Blizzard Inc (NASDAQ:ATVI) reported its results for the fourth quarter. Reported a profit of $99 million (8 cents per diluted share) in the quarter. Activision Blizzard Inc had a net loss of $233 million or a loss 20 cents per share in the year earlier quarter. Revenue fell to $2.41 billion from the year earlier quarter. Activision Blizzard Inc reported adjusted net income of 62 cents per share. By that measure, the company beat the mean estimate of 55 cents per share. It fell short of the average revenue estimate of $2.2 billion.

Bobby Kotick, Chief Executive Officer, Activision Blizzard, said, “As we continue to strengthen our leadership position in interactive entertainment, our proven management team and talented employees delivered another extraordinary year of outperformance. With better than expected net revenues, record earnings, record operating margins, and having generated nearly $1 billion in operating cash flow, Activision Blizzard continues to set the industry success bar.” Kotick continued, “Blizzard Entertainment’s World of Warcraft maintained its leadership position as the #1 subscription-based MMORPG around the world and Activision Publishing’s Call of Duty: Modern Warfare three was the #1-selling game.(three) Skylanders Spyro’s Adventure was the biggest new IP launch in Activision’s history and it is on track to become an important and sustainable franchise. We launched our online service, Call of Duty Elite, which is one of the fastest growing premium online services ever created.”

Competitors to Watch: Electronic Arts Inc. (NASDAQ:ERTS), Microsoft Corporation (NASDAQ:MSFT), Take-Two Interactive Software, Inc. (NASDAQ:TTWO), THQ Inc. (NASDAQ:THQI), Nintendo Co., Ltd (NTDOY), Majesco Entertainment Co. (NASDAQ:COOL), KONAMI CORPORATION (NYSE:KNM), Sony Corporation (NYSE:SNE), Silverstar Holdings Ltd. (SSTRF), and Gravity Co., LTD. (NASDAQ:GRVY).

Teradata Corporation (NYSE:TDC) reported net income above Wall Street’s expectations for the fourth quarter. Net income for the diversified computer systems company rose to $98 million (57 cents per share) vs. $85 million (50 cents per share) in the same quarter a year earlier. This marks a rise of 15.3% from the year earlier quarter. Revenue rose 22.8% to $673 million from the year earlier quarter. Teradata Corporation reported adjusted net income of 66 cents per share. By that measure, the company beat the mean estimate of 59 cents per share. It beat the average revenue estimate of $639.3 million.

“Teradata finished the year strong, resulting in our best quarter and best year ever. Both the fourth quarter and full-year 2011 were records for the company on a number of metrics including revenue growth rate, non-GAAP product gross margin and operating margin rates which resulted in 25 percent growth in non-GAAP earnings per share for both the quarter and the year. We also added the highest number of new customers for both a quarter and a year,” said Mike Koehler, president and chief executive officer, Teradata Corporation.

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Oracle Corporation (NASDAQ:ORCL), CA, Inc. (NASDAQ:CA), Microsoft Corporation (NASDAQ:MSFT), MicroStrategy Incorporated (NASDAQ:MSTR), Progress Software Corp. (NASDAQ:PRGS), SAP AG (NYSE:SAP), Datawatch Corporation (NASDAQ:DWCH), Informatica Corporation (NASDAQ:INFA), and Tibco Software Inc. (NASDAQ:TIBX).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com