ARRIS Group (ARRS) Tops Q3 EPS by 1c, Q4 EPS Guidance Comes in Light
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ARRIS Announces Preliminary and Unaudited Third Quarter 2016 Results
October 26, 2016 4:02 PM EDTSUWANEE, Ga., Oct. 26, 2016 /PRNewswire/ --Â ARRIS International plc (NASDAQ: ARRS)Â today announced preliminary and unaudited financial results for the third quarter 2016.
Third Quarter 2016 Financial Highlights
GAAP revenues were $1.725 billion Adjusted revenues (a non-GAAP measure) were $1.735 billion GAAP net income was $0.25 per diluted share Adjusted net income (a non-GAAP measure) was $0.77 per diluted share End-of-quarter cash resources were $1.110 billion Cash from operating activities was $297 million Order backlog was... More