11:56 AM EST - Aastra Technologies Ltd. : reported Tuesday first-quarter earnings that improved significantly to $14.1 million or $1.02 per share, compared to $5.3 million or $0.33 per share in the same period in last year. Sales for the quarter jumped to $219.3 million from $140.0 million for the same period a year ago. The company experienced a significant increase in revenue in all regions as a result of the acquisition of the Ericsson Enterprise portfolio, which closed on April 30, 2008. Aastra Technologies Ltd.
shares T.AAH are trading up $7.49 at $30.24.