January 29, 2013 / 11:16 AM / 4 years ago

Tyco quarterly profit soars 62 pct

1 Min Read

Jan 29 (Reuters) - Tyco International Ltd, a fire safety and security systems maker, reported a 62 percent higher first-quarter profit, helped by a higher global products revenue.

Earnings from continuing operations rose to $159 million, or 34 cents per share, for the quarter ended Dec. 28, from $98 million, or 21 cents per share, a year earlier.

Sales rose 5 percent to $2.6 billion.

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