Advanced Fibre Climbs 23.1% on Earnings, Revenue Projections

Author:
TSC Staff
Publish date:
Dec 6, 2000 8:51 AM EST

Advanced Fibre Communications

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was up 23.1% in preopen

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trading. Late Tuesday, the broadband company said it would meet or exceed its fourth-quarter earnings projection of 16 cents per share. It also reiterated its revenue projections of $115 to $118 million.