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Spirent Communications Reports Q1 Revenue In Line With Last Year


Spirent Communications Reports Q1 Revenue In Line With Last Year
LONDON (dpa-AFX) - Spirent Communications plc (SPT.L, SPM) reported a 6% organic order intake growth in the period January 1 to March 31, 2021, or 8% order growth including its recent acquisition of octoScope Inc. announced on 5 March.
Further, the company noted that revenue was in line with the first quarter of fiscal 2020, and said orderbook continues to build with a book to bill ratio of 104 for the first quarter.
Eric Updyke, Chief Executive Officer, said, We have started the year well and our orderbook continues to grow. We are winning more multi-year contracts, which improves visibility. Demand for our assurance solutions continues to strengthen as market drivers for reliable communications remain robust and the pipeline build for our Networks & Security segment is reassuring. ....

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Investegate |Spirent Comm PLC Announcements | Spirent Comm PLC: Result of AGM


Notes:
1.  Any proxy appointments which gave discretion to the Chairman of the Meeting have been included in the For total.
2.  A Vote Withheld is not a vote in law and is not counted in the proportion of votes For and Against a resolution.
3.  Entitlement to attend and vote at the 2021 AGM, and the number of votes which may be cast at the 2021 AGM, have been determined by reference to the Company s register of members at 6.30pm on 26 April 2021.  Voting instructions can be changed at any time prior to a poll being demanded, and a shareholder having lodged a proxy is still entitled to attend the meeting and vote their shares themselves as they see fit. ....

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Investegate |Spirent Comm PLC Announcements | Spirent Comm PLC: Director/PDMR Shareholding

Investegate |Spirent Comm PLC Announcements | Spirent Comm PLC: Director/PDMR Shareholding
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Spirent to pay 2020 special dividend due to


Spirent to pay 2020 special dividend due to resilient performance
Thu, 11th Mar 2021 09:39
(Alliance News) - Spirent Communications PLC on Thursday reported robust growth in both revenue and profit for 2020 despite a challenging environment.
The Crawley, England-based company is a provider of testing, analytics and security for telecommunications networks.
Spirent s 2020 order intake was USD539.4 million, up 1% from USD532.0 million in 2019, and revenue for the year was USD522.4 million, up 4% from USD503.6 million. This was due to strong demand for both lab and live assurance solutions, as well as its new 5G device testing solutions and services.
The company s 2020 reported pretax profit was USD95.8 million, an increase of 7% from USD89.6 million in 2019, while adjusted operating profit rose 11% to USD103.5 million from USD92.9 million, coming in just above market consensus of USD101.5 million. This was reflected in an increased closing orderbook and ....

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