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Exfo: Fiscal 2Q Earnings Snapshot

QUEBEC CITY (AP) _ Exfo Inc. (EXFO) on Tuesday reported fiscal second-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier.

The Quebec City-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring gains, came to 7 cents per share.

The telecommunications testing company posted revenue of $73.9 million in the period.

For the current quarter ending in June, Exfo said it expects revenue in the range of $70 million to $75 million.

In the final minutes of trading on Tuesday, the company's shares hit $3.86. A year ago, they were trading at $4.10.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXFO at https://www.zacks.com/ap/EXFO