Earnings Roundup: CERN, FTNT, IDCC, VRSN, POWI

The earnings season has hit the full-fury stage; I, for one, can’t keep up.

Here’s a look at some noteworthy reports from late Wednesday:

• Cerner (CERN): The health-care information systems company posted Q1 revenue of $431.3 million and adjusted EPS of 63 cents, ahead of the Street at $430.2 million and 61 cents. For Q2, Cerner sees revenue of $440 million to $455 million, with adjusted profits of 64-69 cents; the Street has been projecting $448.2 million and 67 cents. For the full year, Cerner sees revenue of $1.8 billion and $1.875 billion, with profits of $2.80 to $2.90; the Street consensus is for $1.85 billion and $2.86. After hours, CERN fell $1.33, or 1.5%, to $88.93.
• Fortinet (FTNT): A specialist in unified threat management, FTNT posted Q1 revenue of $69.8 million and non-GAAP EPS of 8 cents, ahead of the Street at $66.5 million and 6 cents. In late trading, FTNT rose 53 cents, or 3.2%, to $17.35.
• Interdigital (IDCC): The wireless technology company reported Q1 revenue of $116.2 million and pro forma profits of $1.09 a share; the Street had been expecting $116.8 million and $1.21. In late trading, IDCC fell $1.50, or 5.3%, to $26.85.
• VeriSign (VRSN) reported Q1 revenue of $264 million, and non-GAAP EPS of 37 cents, compared to Street estimates of $265.6 million and profits of 35 cents a share. VRSN in late trading fell 10 cents, to $26.78.
• Power Integrations (POWI) posted Q3 revenue of $71.5 million and non-GAAP profits of 49 cents; the Street had expected $72.5 million and 51 cents. In late trade, POWI fell $2.85, or 6.6%, to $40.62.