QUEBEC CITY (AP) Exfo Inc. (EXFO) on Tuesday reported fiscal first-quarter net income of $3.6 million, after reporting a loss in the same period a year earlier.The Quebec City-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring gains, came to 5 cents per share.The telecommunications testing company posted revenue of $71.5 million in the period.In the final minutes of trading on Tuesday, the company's shares hit $3.50. A year ago, they were trading at $4.30. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXFO at https://www.zacks.
/PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) announced today that its Board of Directors has authorized the renewal of its share repurchase program, by.
EXFO reports first quarter results for fiscal 2021
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Bookings attained US$69.0 million
IFRS net earnings totaled US$3.6 million, US$0.06 per share
Adjusted EBITDA amounted to US$9.9 million, 13.9% of sales
QUEBEC CITY, Jan. 12, 2021 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry s test, monitoring and analytics experts, reported today financial results for the first quarter ended November 30, 2020. EXFO delivered a strong first-quarter performance in fiscal 2021 as compared to a coronavirus-free opening quarter in 2020, said EXFO s CEO Philippe Morin. Robust sales and earnings results confirm market acceptance of our highly differentiated solutions related to fiber, cloud-native and 5G network deployments as we continue to develop new ways to engage and serve our global customer base in this virtualized environment. We re particularly pleased with our SASS offering s penetration into new accounts through th
EXFO to present at Needham Growth Virtual Conference
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QUEBEC CITY, Jan. 8, 2021 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry s test, monitoring and analytics experts, announced today that CEO Philippe Morin will make a presentation on behalf of the company at the Needham Growth Virtual Conference on January 13, 2021, 1:15 p.m. Eastern time.
Mr. Morin will outline EXFO s investment proposition, market opportunities and competitive advantages to investors online. A webcast of the presentation will be available live at www.EXFO.com, under the Investors section. It will also be archived for a limited period.
EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry's test, monitoring and analytics experts, and Openreach, the United Kingdom's largest digital infrastructure firm, today announced their collaboration on a major initiative to accelerate Full Fibre deployment, and enhance the quality of build and experience for customers across the UK.