Shares of Aeroflex (ARX +5.7%) soar after the firm raises its estimate for Q2 revenue to...


Shares of Aeroflex (ARX +5.7%) soar after the firm raises its estimate for Q2 revenue to $165M-$170M from prior guidance of $160M-$170M. The company says $11M in sales generated under a $40.5M contract with the U.S. Marine Corps will be recognized in its FQ2, with the balance slated to be earned in FQ3.

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