WWE and Gartner report gains in earnings

Stamford-based companies Gartner Inc. and WWE Inc. both reported gains in income over last year but saw reception in early trading to their performance go in opposite directions.

Shares in WWE rose 10 percent to $8.67 in morning trading after the multi-platform entertainment purveyor reported net income for the first quarter rose to $15.3 million, or 20 cents a share, compared to $8.6 million, or 11 cents for the year-ago quarter.

Gartner saw its shares fall nearly 5 percent in morning trading but had clawed back from there to $43.58, a drop of 2.98 percent from yesterday.

The information technology research firm, reported net income of $34.2 million, or 36 cents per diluted share, compared to $29.1 million, or 29 cents a share a year ago.

Other key Connecticut companies reporting today are Northeast Utilities and Cigna.

Rob Varnon