ARRIS Group (ARRS) Reports In-Line Q2 EPS, Q3 Guidance Misses
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ARRIS Announces Preliminary And Unaudited Second Quarter 2015 Results
July 29, 2015 4:01 PM EDTSUWANEE, Ga., July 29, 2015 /PRNewswire/ --Â ARRIS Group, Inc. (NASDAQ: ARRS)Â today announced preliminary and unaudited financial results for the second quarter 2015.
Second Quarter 2015 Financial Highlights
Revenues were $1,260.1 million GAAP net income was $0.11 per diluted share Adjusted net income (a non-GAAP measure) was $0.53 per diluted share End-of-quarter cash resources were $622.8 million Order backlog was $651.3 million Book-to-bill ratio was 0.94"Sales, margins, and Non-GAAP earnings were all up quarter over quarter, although not as much as we originally... More
