Telecom testing company Spirent Communications posted a 17% rise in quarterly pre-tax profit yesterday as demand for testing wireless, data centre, high speed Ethernet and global positioning systems continued to be strong in Asia and the US.
Spirent, which counts Cisco Systems, Alcatel Lucent and Verizon Communications as its customers, said trading in the first quarter was ahead of expectations and China, Japan and India were all key growth regions. Pre-tax profit for the quarter ended 1 April rose to US$27.5 million from US$23.6 million a year ago. Revenue rose five per cent to US$129.4 million. Revenue from its
largest performance analysis business grew 16% to $107.3 million.
Source: City AM