EXFO, Inc. (EXFO) Misses Q3 EPS by 4c; Issues Light Q4 Outlook

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Go back to EXFO, Inc. (EXFO) Misses Q3 EPS by 4c; Issues Light Q4 Outlook

EXFO Reports Third Quarter Results for Fiscal 2016

June 29, 2016 4:12 PM EDT

Sales increase 5.4% year-over-year to US$60.9 million Adjusted EBITDA improves 18.8% year-over-year to US$5.3 million Cash flows from operations of US$2.3 million raises cash position to US$46.3 million

QUEBEC CITY, June 29, 2016 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) reported today financial results for the third quarter ended May 31, 2016.

Sales reached US$60.9 million in the third quarter of fiscal 2016 compared to US$57.8 million in the third quarter of 2015 and US$53.6 million in the second quarter of 2016.... More