Earnings roundup: The Knot, Activision

Among the earnings stories for Friday, May 9, from AP Financial News:

NEW YORK (AP) — Shares of The Knot Inc. sank to their lowest price in more than 2 1/2 years Friday after the wedding Web site operator's first-quarter profit and revenue fell short of Wall Street's expectations.

NEW YORK (AP) — Shares of Activision Inc. hit a record high Friday after the video game publisher reported profit and sales that soared past guidance and Wall Street's expectations.

NEW YORK (AP) — Shares of Scientific Games Corp. jumped Friday after the lottery products maker said its adjusted first-quarter profit topped analysts' estimates.

NEW YORK (AP) — Shares of Pike Electric Corp. plunged on Friday after the electrical contracting company said its fiscal third-quarter profit fell 28 percent due to lower spending from utility customers.

TOPEKA, Kan. (AP) — Electric utility Westar Energy Inc. said Friday its first-quarter profit doubled on higher revenue and a one-time tax gain.

ATLANTA (AP) — Gray Television Inc.'s first-quarter loss narrowed as higher political and online advertising boosted revenue, the television station operator said Friday.

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