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Product category: Stand-Alone Instruments
News Release from: Exfo Electro-Optical Engineering
Edited by the Electronicstalk Editorial Team on 12 January 2006

EXFO clocks up ninth consecutive quarter
of growth

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EXFO Electro-Optical Engineering has reported sales growth for a ninth consecutive quarter.

EXFO Electro-Optical Engineering has reported sales growth for a ninth consecutive quarter Sales increased 25.2% to US $27.0 million in the first quarter ended November 30, 2005, from US $21.6 million in the first quarter of 2005 and 2.8% from US $26.3 million in the fourth quarter of 2005

Net bookings improved 30.9% to US $30.6 million for a book-to-bill ratio of 1.13 in the first quarter of fiscal 2006 from US $23.3 million in the same period last year and 24.1% from US $24.6 million in the fourth quarter of 2005.

Gross margin progressed to 55.4% of sales in the first quarter of fiscal 2006 from 52.7% in the first quarter of 2005 and 54.7% in the fourth quarter of 2005.

GAAP net earnings in the first qu