QUEBEC CITY (AP) _ Exfo Inc. (EXFO) on Tuesday reported fiscal first-quarter net income of $3.6 million, after reporting a loss in the same period a year earlier.
The Quebec City-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring gains, came to 5 cents per share.
The telecommunications testing company posted revenue of $71.5 million in the period.
In the final minutes of trading on Tuesday, the company's shares hit $3.50. A year ago, they were trading at $4.30.
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