EXFO Reports Fourth Quarter and Fiscal 2018 Results
EXFO Inc - Subordinate Voting Shares (EXFO)
Last exfo inc - subordinate voting shares earnings: 4/7 04:08 pm
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US:NASDAQ Investor Relations:
investors.exfo.com
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Source: PR Newswire
Q4 2018Sales reached US$69.2 million IFRS net loss totaled US$4.0 million Adjusted EBITDA amounted to US$6.1 million Announced reorganization plan with US$10.5 million in annualized cost savingsFiscal 2018Sales increased 10.8% to US$269.5 million IFRS net loss attributable to the parent interest1 totaled US$11.9 million Adjusted EBITDA amounted to US$17.2 million QUEBEC CITY, Oct. 11, 2018 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry's test, monitoring and analytics experts, announced today financial results for the fourth quarter and fiscal year ended August 31, 2018.Sales in the fourth quarter of fiscal 2018 reached US$69.2 million compared to US$63.0 million in the fourth quarter of 2017. Annual sales improved 10.8% to US$269.5 million in fiscal 2018 from US$243.3 million in 2017. Bookings totaled US$63.1 million for a book-to-bill ratio of 0.91 in the fourth quarter of fiscal 2018 compared to US$66.3 million in the fourth quarter of 2017. Overal
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