EXFO, Inc. (EXFO) Tops Q2 EPS by 3c

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EXFO Renews Normal Course Issuer Bid

March 29, 2016 4:06 PM EDT

QUEBEC CITY, March 29, 2016 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) announced today that its Board of Directors has authorized the renewal of its share repurchase program, by way of a normal course issuer bid ("NCIB") on the open market, of up to approximately 6.6% (900,000 subordinate voting shares) of the public float of 13,572,485 subordinate voting shares (as defined by the Toronto Stock Exchange ("TSX")), as of March 21, 2016.

On March 21, 2016, EXFO had 22,305,802 subordinate voting shares outstanding. In the course of the previous renewal of its... More

EXFO Reports Second-Quarter Results for Fiscal 2016

March 29, 2016 4:05 PM EDT

Sales increase 5.1% year-over-year to US$53.6 million Bookings improve 9.2% year-over-year to US$59.7 million, book-to-bill ratio of 1.11 Gross margin reaches 64.7%, highest level in four years Adjusted EBITDA totals US$5.3 million, 9.9% of sales

QUEBEC CITY, March 29, 2016 /CNW Telbec/ - EXFO Inc. (NASDAQ: EXFO; TSX: EXF) reported today financial results for the second quarter ended February 29, 2016.

Sales reached US$53.6 million in the second quarter of fiscal 2016 compared to US$51.0 million in the second quarter of 2015 and US$55.2 million... More