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Cognos Exceeds Expectations

 

Updated from 4:30 p.m. EST

Cognos(COGN Quote) boosted fourth-quarter revenue by 23% and handily beat Wall Street's expectations, the business intelligence software vendor reported after the close Thursday.

Cognos stock was recently up $1, or 3.3%, to $31.60 in after-hours trading, after gaining $2.10, or 7%, to $30.60 during Thursday's regular session. ...

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