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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.