UPDATE 2-Tekelec Q3 profit tops Street, raises FY 09 profit view

* Q3 adj EPS of 27 cents beat estimates by 6 cents

* Q3 revenue up 8 pct

* Sees FY 09 sales of $450 mln-$460 mln vs est of $457.3 mln

* Ups FY 09 adj EPS view to $0.95-$1.00

* Shares up as much as 7 pct (Adds conference call details, updates share movement)

BANGALORE, Nov 4 (Reuters) - Network equipment technology provider Tekelec (TKLC.O: Quote, Profile, Research) posted a quarterly profit that beat Wall Street expectations helped by lower expenses and higher revenue, and raised its full-year earnings view.

The company now expects 2009 adjusted earnings of 95 cents a share to $1 a share, up from prior expectations of 90 cents to 95 cents a share. It reiterated revenue expectations of $450 million to $460 million.

Analysts were looking for earnings of 94 cents a share, excluding items, on revenue of $457.3 million.

"Our next generation products continue to gain traction," Chief Executive Frank Plastina said in a statement.