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Sirf Tech Tops Estimates
SAN FRANCISCO -- Sirf Technology(SIRF Quote) swung to a loss in the third quarter on acquisition-related charges.
But the company's top line continued its hypergrowth, increasing 43% year over year to $91.2 million and edging past Wall Street estimates of $85.6 million.
Shares of Sirf surged 15.4%, or $3.60, to $29.60 in extended trading Tuesday. ...
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