Telular (WRLS) - Get Pensare Acquisition Corp. Report, which makes products linking standard digital office equipment to cellular networks, was up 31.7% in preopen Island trading. The company posted second-quarter earnings after the close Thursday of 66 cents a share, compared to a loss of 12 cents a share in the year-ago period.
The leap in earnings was largely due to increased orders from a single customer in Mexico. The company said $4.7 million, or 12.2% of total revenue, was from a settlement with
over accumulated royalties. No consensus estimate was available.