merx: +3 to 13

4:10PM Merix beats by $0.12, ex items; guides above consensus (MERX) : Reports Q3 (Feb) earnings of $0.14 per share, excluding non-recurring items, $0.12 better than the Reuters Estimates consensus of $0.02; revenues rose 90.3% year/year to $95.1 mln vs the $89.2 mln consensus. Co issues upside guidance for Q4, sees EPS of $0.11-0.15, ex items vs. $0.02 consensus; sees Q4 revs of $91.0-95.0 mln vs. $88.79 mln consensus.

4:10PM Cognos reports $0.10 above consenus; guides Q1 and Y07 EPS below consensus (COGN) 38.09 : Reports Q4 (Feb) earnings of $0.48 per share, $0.10 better than the Reuters Estimates consensus of $0.38; revenues fell 1.2% year/year to $253.1 mln vs the $238.3 mln consensus. Co issues downside guidance for Q1, sees EPS of $0.20-0.24, excluding $0.05, vs. $0.29 consensus; sees Q1 revs of $210-218 mln vs. $216.41 mln consensus. Co issues downside guidance for FY07, sees EPS of $1.43-1.50, excluding $0.23, vs. $1.51 consensus; sees FY07 revs of $940-960 mln vs. $951.96 mln consensus.