Terayon Communications Systems said strong demand for its broadband networking systems will result in an upside surprise in its first quarter.
The company said it will post sales of between $55 million to $57 million in the quarter, up from the $38.7 million it recorded in the fourth quarter.
Its shares closed up 9 1/8 to 229 15/16 ahead of Monday's announcement.
Last quarter, it posted a profit of $1.2 million, or 4 cents a share, on sales of $38.7 million.
First Call consensus currently expects Terayon to earn a penny a share in its first quarter and 11 cents a share in the fiscal year.
Its shares moved up to a 52-week high of 280 in February after announcing a 2-for-1 stock split.
The stock fell to a low of 26 3/8 in June.
Seven of the eight analysts covering the stock rate it either a "buy" or "strong buy.">