L-3 posts 3Q results, on track to meet year-end forecast

L-3 Communications boosted sales and net income for the third quarter by 34.5% and 39.3%, respectively, and turned in earnings per share of $0.69 versus $0.51 a share a year ago, easily outpacing analysts' estimates of $0.66 a share. The New York-based company's third quarter EPS benefited by a...

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