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Arris revenues down 8% to USD 1.48 bln in Q1

Thursday 4 May 2017 | 10:49 CET | News

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Arris reported revenues of USD 1.48 billion in the first three months of 2017, down 8 percent on the year-earlier result of USD 1.62 billion and 16 percent lower than the USD 1.76 billion net revenues posted in Q4. Net loss came in at USD 0.21 per share, an improvement on the net loss of USD 1.06 a share a year ago but down on the USD 0.46 net profit in the previous quarter. The company's order backlog at the end of the first quarter was worth USD 1.30 billion, up from USD 1.11 billion three months earlier, after achieving a book-to-bill ratio of 1.13.

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Categories: Broadcast & Satellite
Companies: Arris
Countries: World
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