Cable / Telecom News

NetHawk Oyj acquisition pays off for EXFO

QUEBEC CITY – Sales and net bookings continue to climb at EXFO.For the third quarter ended May 31, 2010, the telecom test and measurement equipment manufacturer saw sales increase 44.9% to US$63.2 million, compared to $43.6 million in the third quarter of 2009, and up 16.8% from $54.1 million last quarter.NetHawk Oyj, which the company acquired last March, contributed $6.0 million to EXFO's revenues this quarter. Net bookings improved 58.2% to $63.6 million for the quarter, up from $40.2 million in the same period last year, and 10.0% from $57.8 million in the second quarter of 2010.  The company's book-to-bill...