Sycamore Networks Inc. Is Rising On Q4 Results

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.

by RTTNews Staff Writer

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