BUZZ-Carmanah Technologies Corp: Smaller-than-expected Q3 profit

Fri Nov 13, 2015 10:30am EST
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** Solar powered LED light maker's shares down 4.3 pct at C$6.50; stock falls to near 1-month low in early trade

** Company posts smaller-than-expected Q3 profit, hurt by a 66 pct rise in operating costs

** Q3 adjusted profit of 1 cent per share was much below average analysts' estimate of 6 cents - Thomson Reuters I/B/E/S

** Up to Thursday's close, stock had more than doubled in value this year