Earnings roundup: Affymetrix posts loss as revenue drops, Western Digital net grows

Earnings roundup: Affymetrix, Western Digital

Among the earnings stories for Wednesday, July 21, from AP Financial News:

— Affymetrix Inc., which makes genetic testing technology, reported a second-quarter loss on as it booked fewer gains and product sales and services revenue both declined.

— Hard-drive disk maker Western Digital Corp. said its fourth-quarter net income grew 35 percent on revenue gains, but the results fell short of Wall Street forecasts.

— SEI Investments Co. said its net income rose in the second quarter due to improved capital markets and cost reductions.

— Specialized staffing and consulting firm Robert Half International Inc. said its second-quarter profit more than doubled as revenue rose in its technology staffing, OfficeTeam and Protiviti units.

— F5 Networks Inc., whose products manage and route computer network traffic, said its fiscal third-quarter profit soared as revenue grew amid improving demand.

— Encana Corp. posted a $505 million loss for the second quarter Wednesday with the natural gas producer booked unrealized losses on price hedges and saw revenues plunge 40 percent.