Exfo (NASDAQ:EXFO) Issues Earnings Results

Exfo (NASDAQ:EXFO) (TSE:EXF) issued its quarterly earnings data on Tuesday. The communications equipment provider reported $0.04 EPS for the quarter, hitting analysts’ consensus estimates of $0.04, Fidelity Earnings reports. The firm had revenue of $73.55 million during the quarter, compared to analyst estimates of $71.25 million. Exfo had a positive return on equity of 3.75% and a negative net margin of 0.86%. Exfo updated its Q3 2020
After-Hours guidance to -0.09–0.05 EPS.

EXFO stock opened at $4.90 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.45 and a debt-to-equity ratio of 0.02. The firm has a market cap of $268.12 million, a PE ratio of 40.83 and a beta of 1.19. The business has a 50 day moving average of $4.47 and a 200-day moving average of $4.01. Exfo has a 12-month low of $3.00 and a 12-month high of $4.97.

A number of equities research analysts recently commented on EXFO shares. Zacks Investment Research raised Exfo from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. CIBC reaffirmed a “hold” rating and set a $4.50 price objective on shares of Exfo in a report on Thursday, October 10th. BidaskClub upgraded shares of Exfo from a “sell” rating to a “hold” rating in a research note on Tuesday. TD Securities increased their target price on shares of Exfo from $4.00 to $4.50 and gave the company a “hold” rating in a report on Thursday, October 10th. Finally, ValuEngine downgraded shares of Exfo from a “hold” rating to a “sell” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Exfo has an average rating of “Hold” and a consensus price target of $4.75.

About Exfo

EXFO Inc develops, manufactures, and markets smarter network test, monitoring, and analytics solutions for communications service providers, network equipment manufacturers, and Web-scale operators. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, live fiber detection, network protocol testing, optical power and loss testing, ORL tester, optical time domain reflectometry and iOLM, spectral testing, test function virtualization, and test reporting and automation products, as well as modular test platforms.

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Earnings History for Exfo (NASDAQ:EXFO)

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