Cyberonics (CYBX +11%) gets a big boost today from a solid FQ2 earnings beat. Net fiscal...

|By:, SA News Editor

Cyberonics (CYBX +11%) gets a big boost today from a solid FQ2 earnings beat. Net fiscal earnings rose 50%, thanks in part to a warrant-liability gain. The company also raised its full-year earnings estimate, now expecting to earn between $1.56 and $1.62 per share, above its June forecast of $1.49 to $1.59, and increased its sales guidance by $5 million, now expecting around $246M to $249M in sales.