Sycamore Networks Inc. (SCMR) reported fourth quarter adjusted net income of $0.05 Thursday morning, compared to the loss of $0.23 per share last year.
Sycamore Networks Inc. gapped open higher Thursday and has spiked to the upside, on above average volume. Shares are now up 3.71 at $25.93. The stock has risen above a one-month range and has set an 8 1/2 month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.