ATYT traded up over 8% on Thursday in heavy trading (27.7 million shares traded versus normal daily average of 5.3 million shares) after the company announced strong Q2 earnings results. The company announced Q2 earnings of 13 cents per share on sales of $672 million dollars. Analysts following the company were expecting earnings of 11 cents per share on revenues of $648 million dollars. The company also said that it expects revenues for this current quarter to come in between $640 - $680 million dollars, around the analyst estimates of $644 million dollars. ATYT has a 52 week high of $18.17 and closed at $17.05 on Thursday. ATYT currently boasts a market cap of around 4.29 billion dollars.
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