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EXFO Inc (EXFO.OQ)

EXFO.OQ on NASDAQ Stock Exchange Global Select Market

4.10USD
15 Dec 2017
Change (% chg)

$-0.05 (-1.20%)
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Volume
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Latest Key Developments (Source: Significant Developments)

EXFO Announces Opening Of Its Public Cash Tender Offer For Astellia's Remaining Equity
Friday, 15 Dec 2017 08:52am EST 

Dec 15 (Reuters) - Exfo Inc ::EXFO, WHICH HOLDS 33.1% OF ASTELLIA'S EQUITY, ANNOUNCES THE OPENING OF ITS PUBLIC CASH TENDER OFFER FOR ASTELLIA'S REMAINING EQUITY.EXFO INC - OFFER IS PROPOSED AT A PRICE OF 10 EUROS PER ASTELLIA SHARE.EXFO - OFFER TO BUY OUTSTANDING ASTELLIA SHARES NOT ALREADY OWNED BY EXFO TO BE OPENED THROUGH JAN. 23, 2018.  Full Article

EXFO Announces The Filing Of A Voluntary Tender Offer For Astellia's Shares
Tuesday, 28 Nov 2017 09:10am EST 

Nov 28 (Reuters) - EXFO Inc ::EXFO ANNOUNCES THE FILING OF A VOLUNTARY TENDER OFFER FOR ASTELLIA'S SHARES.EXFO INC - ‍OFFER WILL BE PROPOSED AT A PRICE OF 10 EUROS PER ASTELLIA SHARE​.EXFO INC - ‍ASTELLIA'S BOARD RECOMMENDED CO'S OFFER AND CONSIDERED THAT OFFER IS IN "INTERESTS OF CO, ITS SHAREHOLDERS AND ITS EMPLOYEES​".EXFO INC - ‍LAUNCHED AN ALL-CASH VOLUNTARY PUBLIC TENDER OFFER TO ACQUIRE ALL OF OUTSTANDING SHARES OF ASTELLIA​.  Full Article

Exfo Files Voluntary Tender Offer For Outstanding Shares Of Astellia
Tuesday, 28 Nov 2017 08:33am EST 

Nov 28 (Reuters) - EXFO INC ::FILING OF VOLUNTARY TENDER OFFER FOR ASTELLIA'S SHARES‍​.OFFER WILL BE PROPOSED AT A PRICE OF 10 EUROS PER ASTELLIA SHARE‍​.EXFO, HOLDING 33.1% OF ASTELLIA'S EQUITY, FILED VOLUNTARY PUBLIC TENDER OFFER FOR CO'S REMAINING EQUITY.ASTELLIA’S BOARD OF DIRECTORS RECOMMENDED THE OFFER.ASTELLIA’S BOARD OF DIRECTORS CONSIDERES OFFER IN INTERESTS OF CO, ITS SHAREHOLDERS AND ITS EMPLOYEES.PRICE REPRESENTS 44.7% PREMIUM OVER UNAFFECTED CLOSING SHARE PRICE OF ASTELLIA ON AUG 30.  Full Article

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

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