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Electronic products manufacturer

Comtech Telecommunications

(CMTL) - Get Free Report

was up 28.6% near midday after it reported first-quarter earnings of 25 cents per share, well ahead of the

First Call/Thomson Financial

estimate of 15 cents and the year-ago 11 cents. The company sales in the period were $39.8 million, up from a year-ago figure of $11.7 million.