Revenue decreased 7.4% YoY
Bookings dropped 11.1% YoY
IFRS net loss
* Financial results in FY 2020 negatively impacted by coronavirus pandemic. ** Adjusted EBITDA is a non-IFRS measure and represents net loss before interest and other expenses, income taxes, depreciation and amortization, stock-based compensation costs, restructuring charges and foreign exchange loss.
Employee and customer safety remain our top priority with 85% of EXFO’s staff working from home.
Revenue dropped 3.6%, despite robust growth from lab and manufacturing solutions.
Revenue fell 16.4%, although five multi-million-dollar contracts were booked in the fourth quarter.