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Calian Technologies Ltd.

03:46 PM EST - Calian Technologies Ltd. : reported net earnings for the first quarter of $3.44 million or $0.44 per share, compared to $3.32 million or $0.42 per share in the same quarter last year. Revenues for the quarter were C$52.1 million, down 5% from $55.1 million in the prior-year quarter. Looking ahead, the company expects earnings per share to be in the range of $1.50 to $1.80 on revenues of $205 million - $225 million for 2010. Calian Technologies Ltd. shares T.CTY are trading even at $17.50.