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Adva lifts revenues, profit in solid Q1

Thursday 18 April 2019 | 09:55 CET | News
Adva Optical Networking said revenues for the first quarter lifted 6.3 percent from the year before to EUR 128.2 million, lower than in the previous quarter but well within guidance. The pro-forma operating profit jumped almost 23 percent to USD 2.7 million. The operating result meanwhile went to a gain of EUR 0.9 million from a loss the year earlier of 0.4 million and the net result rose to a profit of EUR 1.0 million from a loss of 2.4 million.

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Categories: Fixed
Companies: Adva
Countries: World
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