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General

Exfo announces new contract win amid Q1 in line with expectations

Wednesday 9 January 2019 | 13:23 CET | News
Exfo said revenues for its first quarter to end November 2018 rose to USD 69.2 million from 63.4 million the year before, well in line with expectations. The figure include a contribution of USD 7.5 million from Astellia, reduced by USD 0.9 million to account for acquisition-related fair value adjustment of deferred revenue. The net loss was better than forecast, going to USD 7.5 million or USD 0.14 per share, from a gain the year earlier of 2.7 million and 0.05 per share.

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Categories: General
Companies: Astellia / Exfo
Countries: World
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