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PLEASANTON, Calif. (AP) - Heart device maker Thoratec Corp. said Wednesday that its third-quarter profit almost doubled on strong growth in its cardiovascular division. The company also raised the low end of its full-year revenue forecast, and its shares rose more than 10 percent.
The company earned $11.8 million, or 20 cents per share, during the quarter that ended Oct. 3. That was up from $6.1 million, or 11 cents per share, during the year-ago period.
Revenue rose 9 percent to $87.9 million from $80.8 million a year ago.
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