Exfo posts 1Q profit
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.
Keywords: Exfo, Earnings Report