EXFO Inc. Reports Consolidated Unaudited Earnings Results for the First Quarter Ended November 30, 2012; Provides Earnings Guidance for the Second Quarter and for the Full Year of Fiscal 2013
For the second quarter of fiscal 2013, the company forecasts sales between $62.0 million and $67.0 million, while IFRS net loss is expected to range between $0.04 and $0.00 per share. Net loss includes $0.04 per share in after-tax amortization of intangible assets and stock-based compensation costs.
The company plans to increase sales 6% to 10% in 2013 and significantly improve profitability.