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EXFO reports results, touts Orange’s ONAP integration

October 12, 2018

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EXFO reported a quarter that its CEO described as disappointing, but promised that 2019 will be a year of renewed focus on execution by the test company, which has had a number of recent acquisitions.

Sales for the company’s fiscal fourth quarter for $69.2 million, up from $63 million in the year-ago quarter. Annual sales were up nearly 11%, the company noted, to $269.5 million.

However, EXFO’s net loss for the quarter was $4 million, compared to net earnings of $0.8 million in the same period last year.

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