spirentcommunications
The outlook for 2024 remains unchanged for British telecommunications testing firm Spirent Communications plc, the company said on Wednesday. The provider of automated test and assurance solutions for next-generation devices and networks said that revenue for the first quarter covering the period January 1 to March 31 was in line with the management plan, though modestly behind the same comparator period for last year. The company acknowledged that the previously taken cost-saving actions have continued to favourably impact its performance. Given the ongoing offer process in respect of cash of...
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British software firm Spirent Communications plc saw earnings fall on lower revenue in the full financial year 2023 compared to 2022, it reported on Tuesday. Spirent Communications reported yearly profit before tax fell to $22.9 million from $114.6 million in the previous year. After tax, earnings were $25.2 million, or $4.30 per share, compared with $99.9 million, or $16.46 per share, in the prior year. Excluding items, profit before tax was $49.7 million compared with $131.4 million in the last year. Adjusted earnings after tax was $44.3 million, or $7.50 per share, compared with $114.5, or ...
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