EXFO up 11% as Q4 beats on top, bottom lines [Seeking Alpha]
EXFO Inc - Subordinate Voting Shares (EXFO)
Last exfo inc - subordinate voting shares earnings: 4/7 04:08 pm
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Source: Seeking Alpha
EXFO up 11% as Q4 beats on top, bottom linesEXFO (EXFO+0.6%) isup 11.1% after hours following a beat infiscal Q4 results as sales inched up but EBITDA beat easily.Gross margin was 61.9%, vs. 61.6% a year ago and 58% in Q3.EBITDA was $8.55M, beating an expected $5.5M, and made up 13.6% of sales.Bookings hit $66.3M and book-to-bill ratio was 1.05.Sales breakout: Physical layer, $40.8M; Protocol layer, $22.1M.It's guiding to Q1 sales of $60M-$65M (vs. consensus for $61.5M), with IFRS EPS of -$0.01 to $0.03 (vs. expected $0.02, and non-IFRS $0.05).Press ReleaseNow read:EXFO beats by $0.02, beats on revenue »
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