Document Sciences Corp. forges ahead on robust Q2 results
Shares of Document Sciences Corp. (Nasdaq: DOCX) are surging today after the provider of customer communications management solutions reported stellar second quarter results.
For the three months ended June 30, the Carlsbad, Calif.-based company recorded net income of $0.74 million, or $0.14 per share, compared with net income of $0.14 million, or $0.03 per share for the second quarter last year.
The small-cap booked revenues of $11.2 million, compared with revenues of $8.5 million for the second quarter of 2006.
No analyst estimates were available.
Shares of Document Sciences rose 24.3%, or $1.53, to $7.83 in Friday afternoon trading.
