Xcerra (XCRA) Tops Q1 EPS by 4c; Sees Q2 Loss vs. Expected Profit

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Xcerra Announces First Quarter Results

November 25, 2014 6:55 AM EST

First Fiscal Quarter Notables:

Record number of PAx RF power amplifier test system sales in the quarter Achieved target business model performance Expect a seasonal impact to revenues in Q2FY15

NORWOOD, Mass., Nov. 25, 2014 (GLOBE NEWSWIRE) -- Xcerra Corporation (Nasdaq: XCRA), today announced financial results for its first fiscal quarter ended October 31, 2014.

Net sales for the quarter were $127,162,000, compared to the prior quarter's net sales of $124,327,000. GAAP net income for the quarter was $12,062,000, or $0.23 per diluted share. Excluding restructuring and... More