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Xcerra posts 1Q profit

NORWOOD, Mass. (AP) _ Xcerra Corp. (XCRA) on Wednesday reported fiscal first-quarter net income of $17.5 million.

The Norwood, Massachusetts-based company said it had profit of 32 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 33 cents per share.

The semiconductor equipment testing company posted revenue of $120.3 million in the period.

Xcerra shares have climbed 29 percent since the beginning of the year. The stock has risen 50 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XCRA at https://www.zacks.com/ap/XCRA