EXFO Q2 Loss Narrows - Quick Facts

(RTTNews) - EXFO Inc (EXFO) Tuesday said second-quarter loss narrowed to $1.34 million or $0.02 per share from $2.09 million or $0.03 per share in the same period last year.

On average, nine analysts polled by Thomson Reuters expected the company to report breakeven earnings for the quarter. Analysts' estimates typically exclude special items.

Sales declined to $51.2 million from $62.6 million last year. Analysts expected sales of $55.73 million.

Looking ahead to the third-quarter, the company has forecast earnings in the order of $0.00 to $0.04 per share, with sales ranging between $60.0 million and $65.0 million. Analysts currently expect the company to earn $0.05 per share on third-quarter revenues of $59.89 million.