Exfo Turns To Profit In Q4 - Quick Facts

(RTTNews) - Exfo Inc (EXFO, EXF.TO) reported fourth-quarter net income of US$3.8 million or US$0.06 per share, compared to net loss of US$3.7 million or US$0.06 per share in the comparable quarter last year.

On average, seven analysts polled by Thomson Reuters expected the company to earn US$0.05 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter rose 6.5% to US$60.89 million from US$57.16 million in the prior-year quarter, while eight analysts had a consensus revenue estimate of US$60.94 million for the quarter.

Looking ahead, the company expects first quarter IFRS net loss in the range of US$0.04 and S$0.00 per share. Revenues for the first quarter are forecast in the range of US$58 million and US$63 million.

Analysts currently expect the company to earn US$0.06 per share for the first quarter, with revenues of US$63.44 million.