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Sycamore Networks chairman of the board Desh Deshpande. (The Boston Globe/File) |
MASS. MOVERS
Chelmsford’s Sycamore Networks Inc. reported a small profit for its fiscal fourth quarter, shifting from a loss a year ago, with a 29 percent jump in revenue. The results sent shares soaring. The communications equipment provider earned about $520,000, or 2 cents per share, in the three months ended July 31. That compares with a loss of $34.9 million, or ... (Full article: 110 words)
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