forecast

EPAM Systems Inc (NYSE: EPAM) lifted its revenue forecast and announced its plans to acquire Canada-based Thoughtcorp Systems. EPAM now projects Q2 sales of $101 million to $103 million, versus its prior view of $100 million to $102 million. However, analysts were projecting revenue of $101.2...

Parametric Technology Corp (NASDAQ: PMTC) lowered its second-quarter forecast. Parametric Technology now projects Q2 adjusted earnings of $0.26 to $0.28 per share on revenue of $300 million, versus its earlier forecast of $0.32 to $0.36 per share on revenue between $305 million and $320 million...

Illumina Inc (NASDAQ: ILMN) projected Q1 adjusted earnings to come in at or above analysts' estimates. It expects Q1 revenue of about $270 million. However, analysts were expecting earnings of $0.31 per share on revenue of $258 million. ILMN shares closed at $52.61 on Friday.

easyJet PLC (OTRC: ESYJD) lifted its forecast for the six months to the end of March. easyJet now projects a pretax loss of between GBP110 million and GBP120 million for the period, versus its previous forecast of a pretax loss of GBP140 million to GBP160 million.

Belgacom SA (OTC: BGAOY) projected a 1% decline in its 2012 revenue. Belgacom projected 2012 earnings before interest, taxes, depreciation and amortization to drop 5% to 6% in 2011. Belgacom's fourth-quarter net profit declined EUR169 million, from EUR230 million, in the year-ago quarter, in line...

All Nippon Airways Co (OTC: ALNPY) projects a 20% rise in its operating profit in the next financial year. All Nippon Airways (ANA) expects operating profit of 110 billion yen ($1.4 billion) in the year beginning April and projects operating profit of 130 billion yen in the year after that, versus...

Macquarie Group Ltd (OTC: MQBKY) projects a 25% drop in annual profit and announced its plans to buy back up to 10% of its shares. Last financial year, Macquarie posted a net profit of A$956 million. Macquarie shares closed at $27.93 yesterday.

AstraZeneca PLC (NYSE: AZN) announced its plans to lower 7,300 jobs to cut costs. It also projects a decline in its earnings this year. AstraZeneca expects core earnings per share, excluding some items, between $6.00 and $6.30, versus $7.28 in 2011. AstraZeneca's Q4 net profit dropped 8.3% to $1...

Rimage Corp (NASDAQ: RIMG) lowered its fiscal fourth-quarter forecast. Rimage now projects a Q4 loss of $0.12 to $0.14 per share on revenue of around $22 million, versus its earlier forecast for a loss of $0.02 to earnings of $0.01 per share on revenue of $24 million to $26 million. Rimage...

SPX Corp (NYSE: SPW) expects full-year 2012 net income of $4.70 to $5.10 per share on revenue of $6 billion to $6.25 billion. Analysts were expecting a profit of $5.27 per share on revenue of $6.15 billion. SPX shares gained 0.38% to close at $65.55 yesterday.