QUEBEC CITY — Telecom testing and monitoring solution provider EXFO Inc. this afternoon reported its sales increased 9.8% year-over-year to reach US$72.6 million in the third quarter ended May 31, 2021. The Quebec City-based company attributed the sales increase primarily to increased spending on fibre deployments in the Americas and Europe, the Middle East and Africa (EMEA) region following a period of reduced investments in 2020 due to the Covid-19 pandemic. (The company reports its financial results in U.S. dollars.) EXFO’s test and measurement sales grew 13.9% to reach US$57.3 million in Q3 2021, compared to the same quarter of...
