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palmOne met Wall Street estimates after the close on Thursday. Investors didn't appear happy, however, as its stock traded lower after hours. palmOne's earnings of 53 cents a share met estimates. Revenues were up 38.7% to $376.2 million, $3 million better than expected. Gross margins were a little weaker than expected. Investors were apparently looking for more from the high-flyer and sent PLMO shares 9% lower after hours.
Excerpted from internetnews.com
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