Stamps.com Inc. (STMP) reported second quarter non-GAAP net income of $0.45 per share after the close Thursday, up from $0.20 per share last year. The consensus estimate was for EPS of $0.23. The company expects to report full year 2011 non-GAAP EPS of $1.10 to $1.30, compared to the consensus estimate of $0.95.
Stamps.com gapped up sharply Friday, but has since traded in a narrow range. The stock has climbed higher in the last 15 minutes and is now up 2.66 at $16.34. Stamps.com has broken out of a 3-week range and has set a 9-month high.
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