EXFO, Inc. (EXFO) Reports Q1 Loss of $0.14, Revenues Beat; Offers 2Q EPS/Revenues Outlook

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EXFO reports first-quarter results for fiscal 2019

January 8, 2019 4:05 PM EST

Sales increased 9.2% to US$69.2 million, above midpoint of guidance range  Bookings improved 23.3% to US$81.2 million, book-to-bill ratio of 1.17  Announced multi-million-dollar deal with a tier-1 service provider after quarter-end

QUEBEC CITY, Jan. 8, 2019 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry's test, monitoring and analytics experts, reported today financial results for the first quarter ended November 30, 2018.

IFRS sales increased 9.2% to US$69.2 million in the first quarter of fiscal 2019 from US$63.4 million in the first quarter of... More