COMPANY RESULTS

Stanford Telecommunications Inc has reported third quarter net profit up 5.4% at $644,000 on turnover up 36.3% at $29.4m; net profit for the nine months was up 317.5% at $2.8m after a gain from an accounting change of $700,000 on turnover that rose 9.6% to $73m. Net earnings per share, $0.13 in the quarter, rising 307.1% to $0.57 in the nine months.

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