Shares Jump in Kofax Image Products
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<i> Bloomberg News</i>
Kofax Image Products Inc.’s common stock soared 31% in heavy Nasdaq market trading Thursday to close at a 14-month high of $10, up $2.38.
The price gains came a day after the Irvine-based developer of document storage and scanning software posted a fiscal second quarter profit of $1.2 million, or 23 cents a share, surpassing analysts’ estimate of 17 cents a share.
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