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.
