For the quarter ended Oct 31, Hi-Tech added that its profit rose to $7.4 million, or 60 cents per share, compared to a profit of $1.1 million, or 9 cents per share, one year ago. Revenue rose 63 percent to $40.9 million from $25.1 million.
Shares of Hi-Tech rose $2.22, or 10 percent, to $24.05 in morning trading.
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