NDS announced an increase of 30 percent in Q1 net income. The net income for the quarter was $46.294 million, or $0.79 per share, compared to $35.088 million, or $0.61 per share last year. The revenue increased from $164.162 million last year to $204.876 million. The company plans to invest in R&D and acquire companies to provide leading solutions to its customers.
Um. I wonder whether the stock rising had something to do with the fantastic results NDS posted? Could be...