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General

Exfo announces new contract win amid Q1 in line with expectations

Wednesday 9 January 2019 | 13:23 CET | News
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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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