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NEW YORK (AP) -- Voltaire Ltd., an Israeli developer of server and storage switching products, said Monday its third-quarter loss widened, but revenue jumped, helped by sales of its switching products. Net loss attributable to common shareholders totaled $18.3 million, or $1.25 per share, compared with a loss of $3.2 million, or $5.06 per share, in the prior-year quarter. Excluding one-time items, net income was 4 cents per share. Weighted average shares outstanding totaled 14.6 million in the third quarter, compared with 657,859 a year ago. Revenue rose 88 percent to $15.5 million from $8.2 million last year. Analysts polled by Thomson Financial expected a loss of 5 cents per share on revenue of $12.5 million. The company said strong demand for its storage switching products helped results. Voltaire went public in July. Shares rose 33 cents, or 4.3 percent, to $8 in morning trading.
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