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Broadband

Adva meets Q2 guidance with revenues up 7.6%

Thursday 25 July 2019 | 11:19 CET | News
Adva Optical Networking reported revenues for Q2 up 3.9 percent on a sequential basis and 7.6 percent higher year-on-year at EUR 133.2 million. Pro forma operating income still fell to EUR 4.3 million from EUR 6.1 million a year earlier, while the margin of 3.3 percent was in line with the company's guidance. Net profit declined 71.1 percent to EUR 1.3 million. 

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Categories: Fixed
Companies: Adva
Countries: World
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