BEACHWOOD, Ohio-Allen Telecom Inc., which makes wireless location devices, said its fourth-quarter results will surpass market forecasts.
The company anticipates earnings to be between 16 cents and 19 cents a share in contrast to between 9 cents and 12 cents a share, excluding one-time items. Its sales projection will stand between $126 million and $129 million as against between $114 and $129 million.