Brief: Vecima sees FY sales $73.5 million to $81.5 million

Vecima Networks

09/02/2017 11:00

Feb 9 (Reuters) - Vecima Networks Inc  VCM.TO  
    * Vecima reports q2 fiscal 2017 results 
    * Qtrly sales from continuing operations c$20.2 million 
versus c$24.6 million 
    * Vecima networks inc- outlook for fiscal 2017 has been 
revised to remove financial results of yourlink operations 
previously included in our 2017 outlook 
    * Qtrly earnings per share  $0.17 
    * Qtrly adjusted earnings per share  $0.17 
    * Sees fy sales $73.5 million  to $81.5 million 
    * Sees fy 2017 adjusted ebitda unchanged aside from revision 
for discontinued operations 
    * Vecima networks inc sees fy 2017 gross margin in the range 
of 51% to 54% 
 
Source text for Eikon:  ID:nMKWqGdcxa  
Further company coverage:  VCM.TO  
 
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