EXFO, Inc. (EXFO) Misses Q1 EPS by 4c, Revenues Beat; Offers Q2 EPS/Revenue Guidance Below Consensus

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EXFO reports first quarter results for fiscal 2020

January 7, 2020 4:05 PM EST

Sales increased 6.3% to US$73.6 million, above midpoint of guidance range IFRS net loss amounted to US$0.1 million, US$0.00 per share Adjusted EBITDA totaled US$7.5 million, 10.3% of sales

QUEBEC CITY, Jan. 7, 2020 /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, 2019.

"EXFO delivered a strong first-quarter performance to begin fiscal 2020, highlighted by sales above the midpoint of... More