Quanta Computer Rises 2-Month High After Profit Beats Estimates
May 04, 2011, 1:37 AM EDTBy Weiyi Lim
May 4 (Bloomberg) -- Quanta Computer Inc. rose to highest in two months in Taipei trading after the laptop maker’s profit beat analysts’ estimates.
The stock gained 2.1 percent to NT$59 as of 9:22 a.m. local time, the highest since March 8. The company reported first- quarter net income of NT$5.7 billion. The average of 10 analyst estimates compiled by Bloomberg was for profit of NT$4.6 billion.
To contact the reporter on this story: Weiyi Lim in Singapore at wlim26@bloomberg.net
To contact the editor responsible for this story: Janet Ong at jong3@bloomberg.net
