ARRIS Group (ARRS) Tops Q1 EPS by 2c

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Go back to ARRIS Group (ARRS) Tops Q1 EPS by 2c

ARRIS Announces Preliminary and Unaudited First Quarter 2017 Results

May 3, 2017 4:03 PM EDT

SUWANEE, Ga., May 3, 2017 /PRNewswire/ -- ARRIS International plc (NASDAQ: ARRS) today announced preliminary and unaudited financial results for the first quarter 2017.

First Quarter 2017 Financial Highlights

Revenues were $1.483 billion Adjusted Revenues (a non-GAAP measure) were $1.485 billion GAAP net loss was ($0.21) per diluted share Adjusted net income (a non-GAAP measure) was $0.40 per diluted share End-of-quarter cash resources were $1.217 billion Cash from operating activities was $250 million Order backlog... More