ARRIS Group (ARRS) Tops Q1 EPS by 7c
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ARRIS Announces Preliminary and Unaudited First Quarter 2016 Results
May 4, 2016 4:02 PM EDTSUWANEE, Ga., May 4, 2016 /PRNewswire/ --Â ARRIS International plc (NASDAQ: ARRS)Â today announced preliminary and unaudited financial results for the first quarter 2016.
First Quarter 2016 Financial Highlights
Revenues were $1,614.7 million GAAP net income (loss) was $(1.06) per diluted share Adjusted net income (a non-GAAP measure) was $0.47 per diluted share End-of-quarter cash resources were $676.2 million Order backlog was $1,335.1 million Book-to-bill ratio was 1.24 Repurchased approximately 6.4 million shares for... More