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Exfo posts 1Q profit

QUEBEC CITY (AP) _ Exfo Inc. (EXFO) on Tuesday reported fiscal first-quarter earnings of $2.7 million.

On a per-share basis, the Quebec City-based company said it had profit of 5 cents. Earnings, adjusted for one-time gains and costs, were 6 cents per share.

The telecommunications testing company posted revenue of $63.4 million in the period.

For the current quarter ending in March, Exfo said it expects revenue in the range of $59 million to $64 million.

In the final minutes of trading on Tuesday, the company's shares hit $4.45. A year ago, they were trading at $4.70.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXFO at https://www.zacks.com/ap/EXFO