Spirent Communications H1 Pre-tax Profit Up

Spirent Communications Q1 Revenues Down, Sees Flat Revenues In Q2; Shares Down

Spirent Communications FY12 Profit Up - Quick Facts

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8/2/2012 3:11 AM ET

communications technology company Spirent Communications plc (SPM: Quote,SPT.L) said its profit before tax for the second quarter rose 3% to $57.3 million from $55.8 million last year

Earnings per share increased to 6.03 cents from 5.89 cents, while adjusted earnings per share rose to 6.85 cents from 6.20 cents.

For six months, Group revenues edged up 1% to $262.1 million, as revenues during the quarter were impacted by Service Assurance, down 46%, and Systems, down 15%.

Looking forward, the group said overall growth during the second half-year may reduce to mid to low single digit increase, and it anticipates that macro-economic uncertainty will cause volatility.

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by RTT Staff Writer

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