ARRIS Group (ARRS) Reports In-Line Q1 EPS

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ARRIS Announces Preliminary And Unaudited First Quarter 2015 Results

April 29, 2015 4:01 PM EDT

SUWANEE, Ga., April 29, 2015 /PRNewswire/ -- ARRIS Group, Inc. (NASDAQ: ARRS) today announced preliminary and unaudited financial results for the first quarter 2015.

First Quarter 2015 Financial Highlights

Revenues were $1,215.2 million Adjusted net income (a non-GAAP measure) was $0.44 per diluted share GAAP net income was $0.13 per diluted share End-of-quarter cash resources were $631.6 million Order backlog was $725.7 million Book-to-bill ratio was 1.08 Repurchased approximately 871 thousand shares for $25 million

"We are off to a good start in 2015.  Our first... More