* Q2 EPS C$0.15 vs C$0.06 last year
* Revenue up 3 pct
* Shares up 7 pct (Adds details, share movement)
Aug 5 (Reuters) - Canada's Miranda Technologies Inc MT.TO posted a nearly three-fold jump in second-quarter profit as operating expenses fell, and said it sees improved markets in the back half of the year, sending its shares up as much as 7 percent.
Shares of the developer, manufacturer and marketer of hardware and software for the television broadcast industry were up 4 percent at C$5.61 in morning trade Thursday on the Toronto Stock Exchange. They earlier touched a high of C$5.77.
"Looking to the second half of 2010, we expect overall business conditions in each of our markets to strengthen," Chief Executive Strath Goodship said in a statement.
Miranda's products are bought by content creators, broadcasters, specialty channels and television service providers.
"Quarterly sales momentum continues to build, with order intake levels strengthening significantly over the first quarter of 2010."
Goodship added that this includes a noticeable uptick in the United States, where broadcast markets have been particularly hard hit by the economic downturn.
"At the same time we are seeing heightened sales of higher-margin products, including routers," Goodship added.
Miranda Technologies said some of its sales wins in recent months include Discovery in Singapore, HBO and Verizon in the United States, MTV in Hungary, and Sky Italia in Italy.
Orders were also completed in connection with the 2010 Soccer World Cup, the company added, including those to Globosat and Rede Bandeirantes -- both of Brazil -- and Televisa of Mexico.
The company posted net income of C$3.5 million, or 15 Canadian cents a share, from C$1.3 million, or 6 Canadian cents a share, a year ago.
Miranda said its operating expenses fell to C$15.3 million from C$18.3 million last year.
The company also said the quarter benefitted from research and development tax credits, which were at C$1.9 million in the quarter, up from C$300,000 last year.
Miranda also reported a foreign exchange gain of C$1.1 million, compared with a loss of C$500,000 last year.
Revenue rose 3 percent to C$32.1 in the quarter.
Analysts on average had expected the company to earn 5 Canadian cents a share, according to Thomson Reuters I/B/E/S. (Reporting by Isheeta Sanghi in Bangalore; Editing by Prem Udayabhanu, Unnikrishnan Nair)