UPDATE – Sycamore returns to profit, shares rise

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[at Reuters] - * Q4 adj EPS $0.05 vs est loss $0.09/shr * Revenue $22.2 mln vs est $15.0 mln * Shares rise 8 pct pre-market Sept 2 - Communications equipment provider Sycamore Networks Inc posted a surprise profit, after 10 straight quarters of losses, helped by a steep drop in operating costs, sending its shares up 8 percent in pre-market trade.

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