Exfo: Fiscal 1Q Earnings Snapshot
QUEBEC CITY (AP) _ Exfo Inc. (EXFO) on Tuesday reported a loss of $63,000 in its fiscal first quarter.
The Quebec City-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, were 4 cents per share.
The telecommunications testing company posted revenue of $73.6 million in the period.
For the current quarter ending in March, Exfo said it expects revenue in the range of $66 million to $71 million.
In the final minutes of trading on Tuesday, the company’s shares hit $4.90. A year ago, they were trading at $3.