EXFO, Inc. (EXFO) Tops Q1 EPS by 2c

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Go back to EXFO, Inc. (EXFO) Tops Q1 EPS by 2c

EXFO Reports First-Quarter Results for Fiscal 2017

January 10, 2017 4:08 PM EST

Sales increase 11.9% year-over-year to US$61.8 million Bookings rise 12.6% year-over-year to US$65.9 million (book-to-bill ratio of 1.07) Gross margin reaches 63.1% of sales Adjusted EBITDA improves 19.6% year-over-year to US$6.3 million (10.2% of sales)

QUEBEC CITY, Jan. 10, 2017 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO; TSX: EXF) reported today financial results for the first quarter ended November 30, 2016.

Sales reached US$61.8 million in the first quarter of fiscal 2017 compared to US$55.2 million in the first quarter of 2016 and US$62.9... More