EXFO reports second quarter results for fiscal 2020
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EXFO, Inc. (EXFO) Misses Q2 EPS by 12c, Revenues Miss; Suspends 3Q & FY20 Guidance 'Due to Uncertainty' of COVID-19 Pandemic
April 7, 2020 4:12 PM EDTEXFO, Inc. (NASDAQ: EXFO) reported Q2 EPS of ($0.16), $0.12 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $55.3 million versus the consensus estimate of $58.44 million.
Sales reached US$55.3 millionSales totaled US$55.3 million in the second quarter of fiscal 2020 mainly due to the negative impact of the coronavirus outbreak that forced EXFO to temporarily shut down its manufacturing operations in China. Test and Measurement (T&M) sales accounted... More