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Broadband

Adva revenues still down in Q2, margin near top of target range

Thursday 19 July 2018 | 09:21 CET | News
Adva Optical Networking reported second-quarter revenues of EUR 123.8 million, down 14 percent from a year earlier and at the low end of its guidance. The adjusted operating margin came in the near the top of the forecast range, at 5.0 percent, but was still down from 6.4 percent a year ago. Total operating profit fell 49.5 percent year-on-year to EUR 4.1 million, while net profit was little changed at EUR 4.6 million. 

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Categories: Fixed
Companies: Adva
Countries: World
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