Xcerra (XCRA) Misses Q1 EPS by 2c; Issues Light Q2 Outlook
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Xcerra Announces First Quarter Results
November 24, 2015 7:01 AM ESTFirst Fiscal Quarter Notables:
Business environment slowed more than expected First quarter financial results outperform model Positive outlook for calendar 2016, with multiple growth opportunitiesNORWOOD, Mass., Nov. 24, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (NASDAQ: XCRA), today announced financial results for its first fiscal quarter ended October 31, 2015.
Net sales for the quarter were $78,401,000 compared to the prior quarter's sales of $102,072,000. GAAP net loss for the quarter was ($1,666,000), or ($0.03) per share. Excluding the loss from discontinued operations of $788,000, restructuring charges of $133,000, and... More
