EXFO reports second quarter results for fiscal 2020
EXFO Inc - Subordinate Voting Shares (EXFO)
Last exfo inc - subordinate voting shares earnings: 4/7 04:08 pm
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Source: PR Newswire
Sales reached US$55.3 million Bookings attained US$72.9 million IFRS net loss amounted to US$9.0 million Adjusted EBITDA totaled -US$4.9 million Key supplier to essential telecommunications industry QUEBEC CITY, April 7, 2020 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry's test, monitoring and analytics experts, reported today financial results for the second quarter ended February 29, 2020."Despite the temporary shutdown of our manufacturing operations in China, which negatively impacted our revenues, EXFO delivered solid bookings in the second quarter of 2020 with double-digit growth for our Test and Measurement business," said EXFO's CEO Philippe Morin. "Throughout the coronavirus pandemic, the safety of our employees, communities and customers remains at the center of all our actions. All EXFO sites are fully operational and committed to helping global network operators and webscale companies thrive during this challenging period. More than ever,
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