EXFO Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Earnings Guidance for the Second Quarter of 2019
January 08, 2019 at 09:05 pm
EXFO Inc. announced unaudited consolidated earnings results for the first quarter ended November 30, 2018. For the period, the company reported sales of $69,201,000 against $63,391,000 a year ago. Net loss for the period was $7,467,000 against profit of $2,679,000 a year ago. Basic and diluted net loss per share was $0.14 against profit of $0.05 a year ago.
For the second quarter, the company forecasts sales between $70.0 million and $75.0 million for the second quarter of fiscal 2019, while IFRS net earnings are expected to range between $0.05 and $0.09 per share.