Arris International plc announced its financial results for first quarter 2018. Revenues for Q1 2018 were $1.578 billion, an increase of 6%, compared to $1.483 billion in Q1 2017. Net loss for Q1 2018 was $13.6 million, compared to the net loss of $39.0 million in Q1 2017.
“We delivered strong profitability to start the year, led by a great quarter of E6000 DOCSIS 3.1 capacity sales and Enterprise Networks’ results, said the CEO of the company.
Looking forward to outlook for second quarter 2018, revenues are expected to be in the range of $1.760 billion to $1.810 billion.
