trending Market Intelligence /marketintelligence/en/news-insights/trending/2PLWOg4wH0G5M7_tktOrHQ2 content esgSubNav
In This List

EXFO Inc. profit beats consensus by 16.1% in fiscal Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


EXFO Inc. profit beats consensus by 16.1% in fiscal Q1

EXFO Inc. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, was 4 cents per share, compared with the S&P Capital IQ consensus estimate of 4 cents per share.

EPS climbed 64.0% year over year from 3 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.4 million, a gain of 46.7% from $1.7 million in the year-earlier period.

The normalized profit margin climbed to 4.4% from 2.9% in the year-earlier period.

Total revenue declined year over year to $55.2 million from $56.7 million, and total operating expenses declined 8.3% year over year to $51.6 million from $56.3 million.

Reported net income increased 34.1% from the prior-year period to $1.6 million, or 3 cents per share, from $1.2 million, or 2 cents per share.