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EXFO Inc (EXFO.O)

EXFO.O on Nasdaq

4.05USD
19 Oct 2017
Change (% chg)

$0.05 (+1.25%)
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Open
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Volume
33,141
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26,952
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$6.15
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Latest Key Developments (Source: Significant Developments)

EXFO says Q4 earnings per share $0.02
Thursday, 12 Oct 2017 04:05pm EDT 

Oct 12 (Reuters) - EXFO Inc :EXFO reports fourth quarter and fiscal 2017 results.Q4 earnings per share $0.02.Q4 sales $63 million versus I/B/E/S view $60.7 million.Q4 earnings per share view $-0.00 -- Thomson Reuters I/B/E/S.Sees Q1 2018 sales $60 million to $65 million.EXFO Inc - ‍bookings totaled US$66.3 million for a book-to-bill ratio of 1.05 in Q4 of fiscal 2017 compared to US$63.7 million in Q3 of 2017​.EXFO Inc - ‍for Q1 2018, IFRS net results are expected to range between a net loss of US$0.01 per share and net earnings of US$0.03 per share​.Q1 earnings per share view $0.02, revenue view $62.8 million -- Thomson Reuters I/B/E/S.  Full Article

Astellia and EXFO agree on EXFO's takeover bid on Astellia's shares
Wednesday, 11 Oct 2017 02:07am EDT 

Oct 11 (Reuters) - ASTELLIA SA ::SIGNS A DEFINITIVE AGREEMENT RELATING TO THE FILING OF A PROPOSED TAKE-OVER BID BY EXFO FOR THE ASTELLIA SHARES.EXFO HAS ENTERED INTO AN AGREEMENT WITH ASTELLIA RELATING TO THE FILING OF A VOLUNTARY TENDER OFFER ON THE BALANCE OF THE CAPITAL.  Full Article

Exfo reaches agreement with Astellia over filing of public tender offer for Astellia's shares
Tuesday, 10 Oct 2017 05:09pm EDT 

Oct 10 (Reuters) - Exfo Inc :EXFO Inc. reaches agreement with Astellia over filing of public tender offer for Astellia's shares.EXFO Inc - ‍ Astellia's workers councils unanimously supported proposed transaction​.EXFO Inc - ‍under terms of agreement, EXFO must submit a voluntary cash public tender offer to l'Autorité des marchés financiers​.EXFO Inc - irrevocable commitments were received from CM-CIC Capital Privé and CM-CIC investissement as part of offer to be submitted by EXFO​.EXFO Inc says offer to pay EUR 10 per share.EXFO Inc - ‍ transaction values entirety of astellia's equity (on a fully diluted basis) at approximately EUR 25.9 million​.  Full Article

EXFO acquires 33.1 pct stake in Astellia, plans to launch voluntary takeover bid of co
Thursday, 31 Aug 2017 01:30am EDT 

Aug 31 (Reuters) - EXFO Inc :EXFO acquires 33.1% stake in Astellia and announces plans to soon launch a voluntary takeover bid of the company.EXFO signed an representing an equity stake of 25.4%, at a price of EUR 10 per Astellia share.Astellia's board of directors has expressed its support for this transaction.Price of EUR 10 per share proposed by EXFO represents a premium of 44.7% over Astellia's closing share price on August 30, 2017.Co signed an agreement with Isatis Capital to acquire at same price a majority of its shares, representing an equity stake of 7.7%.Transaction values the entirety of Astellia's equity (on a fully diluted basis) at approximately 25.9 million euros.EXFO will initiate an all-cash voluntary public tender offer to acquire Astellia's remaining shares.  Full Article

EXFO Q3 loss per share $0.08
Thursday, 29 Jun 2017 04:05pm EDT 

June 29 (Reuters) - Exfo Inc ::EXFO reports third quarter results for fiscal 2017.Q3 loss per share $0.08.Q3 sales $58.5 million versus i/b/e/s view $61.5 million.Q3 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees Q4 2017 sales $58 million to $63 million.EXFO Inc - "we should begin benefitting from our restructuring efforts in q4, but full impact will be felt in fiscal 2018".EXFO Inc - cost savings from restructuring of us$8.0 million expected in FY 2018.  Full Article

EXFO streamlines monitoring solutions portfolio
Tuesday, 2 May 2017 08:45am EDT 

May 2 (Reuters) - EXFO Inc : :EXFO streamlines monitoring solutions portfolio.EXFO Inc - staff reductions related to this product line and varied go-to-market adjustments will affect approximately 5pct of EXFO'S global workforce.EXFO Inc - EXFO will significantly reduce investments in passive wireless monitoring which represented less than 5pct of total sales.EXFO Inc - company will also incur one-time restructuring costs of US$4.0 million in Q3 of 2017.EXFO Inc - following restructuring, which should be completed in Q4 of fiscal 2017, EXFO intends to benefit from annual cost savings of US$8.0 million.EXFO Inc says co has streamlined its monitoring solutions portfolio to focus on testing, active service assurance, fiber monitoring and analytics.  Full Article

EXFO appoints Philippe Morin as CEO
Wednesday, 29 Mar 2017 05:49pm EDT 

EXFO Inc : EXFO announces CEO transition . Founder Germain Lamonde appoints Philippe Morin as new CEO . has appointed Philippe Morin as EXFO's new CEO, effective April 1, 2017 .Lamonde will become EXFO's executive chairman.  Full Article

EXFO reports Q2 sales of $60 million
Wednesday, 29 Mar 2017 04:08pm EDT 

EXFO Inc : EXFO reports second-quarter results for fiscal 2017 . Q2 earnings per share $0.02 . Q2 sales $60 million versus I/B/E/S view $60.6 million . Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . Sees Q3 2017 sales $58 million to $63 million . EXFO Inc - Bookings attained US$55.9 million in Q2 of fiscal 2017 compared to US$59.7 million in same period last year .Sees Q3 IFRS net results to range between a loss of US$0.02 per share and earnings of US$0.02 per share.  Full Article

Exfo acquires Ontology Systems
Thursday, 2 Mar 2017 01:04am EST 

Exfo Inc : Exfo acquires Ontology Systems . Acquired privately held Ontology Systems for a total consideration of US$7.6 million, net of cash .Acquisition is expected to be neutral to Exfo's adjusted EBITDA in fiscal 2017 and accretive thereafter..  Full Article

EXFO Q1 earnings per share $0.06
Tuesday, 10 Jan 2017 04:07pm EST 

EXFO Inc : EXFO reports first-quarter results for fiscal 2017 . Q1 earnings per share $0.06 . Q1 sales $61.8 million versus I/B/E/S view $60.9 million . Q1 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Sees Q2 2017 sales $58 million to $63 million . EXFO Inc qtrly bookings rise 12.6% year-over-year to us$65.9 million . EXFO Inc says remain fully confident about achieving our adjusted ebitda goal of us$26 million in 2017 . For q2 2017, IFRS net results are expected to range between a loss of us$0.01 per share and earnings of us$0.03 per share .Q2 revenue view $58.8 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Astellia and EXFO agree on EXFO's takeover bid on Astellia's shares

* SIGNS A DEFINITIVE AGREEMENT RELATING TO THE FILING OF A PROPOSED TAKE-OVER BID BY EXFO FOR THE ASTELLIA SHARES