Tyco cited strong performance in revenue and operating income. It stated that preliminary results from Q1 had showed that revenues had increased by 12%. Revenue was $4.87 billion, higher than the predicted $4.76 billion. Tyco also raised expectations of earnings per share from a $2.50 to $2.65 range to a $2.60 to $2.70 range. Source: http://www.reuters.com/article/hotStocksNews/idUSN2327383020080123
Due to Kozlowski, Swartz, and Belnick fraud the company Tyco suffered greatly from 12/30/01 to 09/25/02 with a drop of 74.48%. The companys price of stock went from 218.20 on 01/04/02 down to 54.36 on 09/24/02.