Wednesday, June 6, 2007

ADC Telecom profit up

(Reuters) - Net income from continuing operations jumped to $96.5 million, or 73 cents per share, for its fiscal second quarter ended May 4, from $25.1 million, or 21 cents per share, a year ago.




Net sales fell to $349.4 million from $358.1 million, while analysts expected $333 million, on average, based on Reuters Estimates.


Read more at Reuters.com Business News

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