Dec 23 · 11:11:00 AM · Source: Company News Release

Computer networking maker 3Com Corp. said Wednesday its fiscal second-quarter net income increased 55% to $19.99 million, or 5 cents a share, from $12.9 million, or 3 cents a share in the year-ago period. Adjusted net income was 9 cents a share in the latest period. Revenue dropped to $322 million from $355 million.
Earnings missed analyst expectations by a little bit.

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by Larry Etter