ARRIS Group (ARRS) Reports In-Line Q3 EPS

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ARRIS Announces Preliminary And Unaudited Third Quarter 2015 Results

October 28, 2015 4:02 PM EDT

SUWANEE, Ga., Oct. 28, 2015 /PRNewswire/ -- ARRIS Group, Inc. (NASDAQ: ARRS) today announced preliminary and unaudited financial results for the third quarter 2015.

Third Quarter 2015 Financial Highlights

Revenues  were $1,221.4 million GAAP net income was $0.18 per diluted share Adjusted net income (a non-GAAP measure) was $0.56 per diluted share Cash from Operating Activities was $212.7 million End-of-quarter cash resources were $781.1 million Order backlog was $559.0 million Book-to-bill ratio was 0.92

"Our third quarter results were in line with our expectations... More