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EXFO Inc (EXF.TO)

EXF.TO on Toronto Stock Exchange

5.26CAD
14 Dec 2017
Change (% chg)

$-0.06 (-1.13%)
Prev Close
$5.32
Open
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Day's High
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Day's Low
$5.26
Volume
11,000
Avg. Vol
17,978
52-wk High
$8.23
52-wk Low
$4.63

Latest Key Developments (Source: Significant Developments)

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

EXFO files amended annual report for fiscal 2016
Monday, 9 Jan 2017 10:36pm EST 

EXFO Inc : Amended management's annual report on internal control over financial reporting and sarbanes-oxley certifications from CEO and CFO . No material impact on previous three years' consolidated financial statements . EXFO-Management identified material weakness in internal control over financial reporting,resulting in improper aging of trade accounts receivable ledger . EXFO - co's CEO and chief financial officer have concluded that internal controls over financial reporting were not effective as of Aug 31, 2016 .EXFO Inc - improper aging of trade accounts receivable ledger led to incorrect assessment of bad debt expense against a single trade account receivable.  Full Article

EXFO acquires optical RF Test Technology from Absolute Analysis
Monday, 31 Oct 2016 05:30pm EDT 

EXFO Inc : EXFO Inc - Cash and stock transaction is valued at approximately us$8.25 million . EXFO Inc - No material impact from acquisition is expected for EXFO's Q1 of fiscal 2017 ending on November 30, 2016 . EXFO Inc - Deal includes us$5 million in cash and remaining amount in EXFO shares . Has acquired majority of assets of absolute analysis inc .EXFO acquires optical RF Test Technology from Absolute Analysis.  Full Article

Exfo posts Q3 earnings per share $0.02
Wednesday, 29 Jun 2016 04:12pm EDT 

Exfo Inc : Exfo reports third quarter results for fiscal 2016 . Q3 earnings per share $0.02 . Q3 sales $60.9 million versus i/b/e/s view $60.9 million . Q3 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . Sees Q4 2016 sales $57 million to $62 million . Says bookings attained US$59.7 mln in Q3 of fiscal 2016 for a book-to-bill ratio of 0.98 compared to US$59.2 million in same period last year . Q4 earnings per share view $0.06, revenue view $60.8 million -- Thomson Reuters I/B/E/S .Exfo Inc sees Q4 IFRS net results to range between a loss of US$0.01 per share and earnings of US$0.03 per share.  Full Article

EXFO Inc renews normal course issuer bid
Tuesday, 29 Mar 2016 04:06pm EDT 

EXFO Inc:Board of Directors has authorized renewal of its share repurchase program, by way of a normal course issuer bid on open market, of up to approximately 6.6% of public float of 13,572,485 subordinate voting shares.NCIB will become effective on April 1, 2016 and end on March 31, 2017.  Full Article

EXFO Inc gives Q2 2016 guidance; EPS guidance above analysts' estimates
Wednesday, 6 Jan 2016 04:05pm EST 

EXFO Inc:Forecasts sales between US$52.0 million and US$57.0 million for Q2 2016, while IFRS net earnings are expected to range between US$0.04 and US$0.08 per diluted share.IFRS net earnings include US$0.01 per diluted share in after-tax amortization of intangible assets and stock-based compensation costs.Q2 2016 revenue of $54.2 million and EPS of $0.02 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-EXFO Announces Opening Of Its Public Cash Tender Offer For Astellia's Remaining Equity

* EXFO, WHICH HOLDS 33.1% OF ASTELLIA'S EQUITY, ANNOUNCES THE OPENING OF ITS PUBLIC CASH TENDER OFFER FOR ASTELLIA'S REMAINING EQUITY