Exfo posts 1Q profit

01/10/17 04:22 PM EST

QUEBEC CITY (AP) _ Exfo Inc. (EXFO) on Tuesday reported fiscal first-quarter net income of $3.3 million.

The Quebec City-based company said it had profit of 6 cents per share.

The telecommunications testing company posted revenue of $61.8 million in the period.

For the current quarter ending in March, Exfo said it expects revenue in the range of $58 million to $63 million.

In the final minutes of trading on Tuesday, the company's shares hit $4.60. A year ago, they were trading at $3.05.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXFO at https://www.zacks.com/ap/EXFO


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