Spirent Comms on track to meet expectations
Communications technology firm Spirent said profits increased by 7% to $31.1m in the three months to the start of November.
Communications technology firm Spirent said profits increased by 7% to $31.1m in the three months to the start of November.
Revenue grew by 6% to $130.2m, with basic earnings per share rising 11% to 3.23 cents.
Spirent said it was on track to meet full year expectations.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The firm said it had seen continued strong growth in demand for its wireless, positioning and data centre test solutions.
This offset weaker demand in its service assurance and systems business.
"Regionally Asia Pacific continued to grow strongly, with macro-economic concerns weighing on North America and Europe," the firm said.
"We expect similar market conditions will remain through the fourth quarter this year."
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
8 of the best houses for sale with tennis courts
The best houses for sale with tennis courts – from a period property in Dumfries and Galloway with two islands on the River Dee, to a house in Cumbria with a 1977 En Tout Cas tennis court
-
Review: Eden Roc Cap Cana – fun, sun and golf in the Caribbean
Travel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course