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 up Thursday and rose sharply in early trade. Shares advanced further around noon and finished higher by 4.68 at $26.90 on the highest volume of the year. The stock surged past the upper end of a one-month range and set an 8 1/2 month high.
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