Arris Q1 revenues flat, profits lower

Thursday 30 April 2015 | 14:03 CET | News
Arris reported first-quarter revenues of USD 1.215 billion, down 1 percent from a year ago and in line with the company's expectations. Adjusted net profit totaled USD 0.44 per share versus USD 0.47 a year earlier, and reported net profit also fell, to USD 0.13 per share from USD 0.28. Arris' order backlog was worth USD 725.7 million at the end of March, up from USD 631.0 million three months earlier. The company said it had a book-to-bill ratio of 1.08 in the quarter, down from 1.37 a year ago and 1.03 in Q4 2014. For Q2, Arris forecast revenues up t USD 1.27-1.31 billion, adjusted EPS of

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Categories: Fixed
Companies: Arris
Countries: World
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