Arris Result – 29/07/15

Arris Group Inc. reported Q2 net profits of $16.76 million, a drop from $39.02 million a year earlier, on revenue which fell 12% to $1.26 billion from $1.43 billion. For the half year, there were profits of $35.88 million, down from $79.82 million, on turnover of $2.48 billion, a 7% decrease from $2.65 billion. The company said that it had expected lower figures and that the remainder of the year would also be difficult.