* BearingPoint, a McLean information technology consulting firm, earned $11.9 million (6 cents a share) in third quarter, compared with a loss of $39.2 million (20 cents) in the comparable period last year. Revenue rose to $840.9 million from $743 million. For the first three quarters of 2004, BearingPoint earned $28.7 million (14 cents) on $2.59 billion in revenue, compared with a loss of $24.7 million on $2.34 billion in revenue during the first three quarters of 2003. Shares of BearingPoint rose 13 cents to close at $8.63.
* Metrocall Holdings said it had a third-quarter profit of $5.8 million (99 cents a share) on revenue of $82 million, up from $5.6 million ($1.08) on revenue of $79.6 million. During the first nine months of the year, Metrocall earned $20.5 million ($3.53) on revenue of $259.9 million, exceeding the $14.9 million ($1.75) it earned on revenue of $249.8 million in the comparable period last year.
The Alexandria company, which operates a paging network and resells other wireless services, said it hopes to complete its merger with Arch Wireless. But the company announced that Institutional Shareholder Services, which advises large shareholders, recommended voting against the merger. Its largest shareholder, WebLink Wireless, also has sought higher consideration for Metrocall shares in the merger. Metrocall said its executives were rebuffed when they sought a meeting with Arch to renegotiate the price of the deal. Shares closed at $62.54, down $2.96.
* NII Holdings, the Reston-based international affiliate of Nextel Communications, said it earned $23.7 million (32 cents a share) on revenue of $316.1 million in the third quarter. The company, which operates a cell phone network in Latin America, said it added 118,700 users to its network, for a total of 1.78 million subscribers.
In the third quarter last year, NII earned $39.4 million (60 cents) on revenue of $246.3 million. For the first nine months of the year, NII earned $7.1 million (10 cents) on $897.5 million in revenue. In the comparable period last year, it earned $92.7 million ($1.43) on $675.6 million in revenue. The year-ago figures were restated, as previously reported by the company, after a review of bookkeeping problems at its Mexican subsidiary.
* GenVec reported a third-quarter loss of $4.8 million (9 cents a share) on revenue of $2.9 million, slightly narrowing a $4.9 million loss (14 cents) on revenue of $2.4 million in the third quarter last year. For the first nine months of the year, the Gaithersburg development-stage biotech company trimmed its loss to $15.2 million (28 cents) on revenue of $8.8 million, from a loss of $16 million (60 cents) on revenue of $8.1 million during the comparable period last year.
* Digene's stock price fell 24 percent, a day after the Gaithersburg biotech company announced a $6.3 million quarterly loss and lowered earnings projections for its fiscal year. Shares closed at $19.80, down $6.40. The company had also warned analysts of slower-than-expected growth of its HPV DNA test, the only approved test for a virus related to cervical cancer. Analysts from Wells Fargo Securities lowered their rating of Digene from buy to hold. Adams Harkness analysts lowered their rating from buy to market perform.
* Halifax, an Alexandria enterprise maintenance company, earned $44,000 (1 cent a share) on $14.8 million in revenue during its second fiscal quarter, down from a profit of $152,000 (6 cents) on $12.5 million in revenue during the comparable quarter last year. For the six months ended Sept. 30, the company earned $135,000 (5 cents) on $28.3 million in revenue, down from $203,000 (8 cents) on $23.1 million in revenue. The company said it took a one-time charge of $179,000 related to the abandonment of some facilities. Shares closed at $4.70, up 10 cents.
* Essex, a Columbia signal and image processing company, earned $589,000 (4 cents a share) on $16.7 million in revenue during its third quarter, up from a profit of $11,000 on $4.1 million in revenue. The company attributed the year-over-year increase in earnings to demand from its intelligence and defense customers. For the nine months ended Sept. 26, the company earned $1.4 million (8 cents) on $51.5 million in revenue, up from $66,000 (1 cent) on $11.2 million in revenue during the comparable period last year. Essex is increasing its guidance for 2004 to between $66 million and $68 million and its guidance for 2005 to $90 million to $100 million. Shares closed at $14.00, up 14 cents.
* CGI-AMS, a Fairfax information technology company and the U.S. operating subsidiary of Montreal-based CGI Group, won multiple contracts totaling more than $100 million from the Centers for Medicare & Medicaid Services. The awards include technical solutions and support for the Medicare.gov Web site, the Health Plan Management System, the Fraud Investigation Database and provider enrollment and identification systems.
* Sentel, an Alexandria engineering and software company, won a two-year, $25 million task order from the Naval Surface Weapons Center to support the U.S. Naval Air Systems Command Support Equipment Rework Program. Dimensions International, the parent company of Sentel, will be a subcontractor. The companies will provide critical workload management functions for the overhaul and repair of avionic support equipment at multiple locations.
Compiled from reports by Washington Post staff writers.