Stamps.com Inc. (STMP) reported third quarter non-GAAP net income of $0.37 per share after the bell Thursday, up from $0.24 per share in the previous year. The company now expects to report full year 2011 non-GAAP net income of $1.20 to $1.40.
Stamps.com gapped open higher Friday and is now up 3.02 at $28.93 on above average volume. The stock has broken out of a 3-week trading range and has set a new high for the year.
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