Financial Press Releases

EXFO Raises GAAP Net Earnings Range for Q1 2009
QUEBEC CITY, CANADA, December 1, 2008 — EXFO Electro-Optical Engineering Inc. (NASDAQ: EXFO, TSX: EXF) announced today that GAAP net earnings will finish above its forecasted range mainly due to the weakness of the Canadian dollar in the first quarter ended Nov. 30, 2008.

EXFO Announces Substantial Issuer Bid
QUEBEC CITY, CANADA, November 10, 2008 — EXFO Electro-Optical Engineering Inc. (NASDAQ: EXFO, TSX: EXF) announced today that its Board of Directors has authorized a substantial issuer bid (the “Offer”) to purchase for cancellation up to 8.82 million subordinate voting shares for an aggregate purchase price not to exceed C$30 million.

EXFO Renews Normal Course Issuer Bid
QUEBEC CITY, CANADA, November 6, 2008—EXFO Electro-Optical Engineering Inc. (NASDAQ: EXFO; TSX: EXF) announced today that its Board of Directors has authorized a renewal of its share repurchase program, by way of a normal course issuer bid on the open market, of up to 10% (2,738,518 subordinate voting shares) of the public float as defined by the Toronto Stock Exchange (TSX), being 27,385,187 subordinate voting shares. As of November 3, 2008, EXFO had 30,606,791 subordinate voting shares outstanding. As of the date of this notice, EXFO has repurchased a total of 1,859,835 shares (1,242,006 shares on the TSX, 617,829 shares on the NASDAQ) during the share repurchase program at an average amount of C$4.47 and US$4.88. The program has been effective since November 8, 2007 and will expire on November 7, 2008.

EXFO Reports Record Sales for Fiscal 2008
QUEBEC CITY, CANADA, October 15, 2008—EXFO Electro-Optical Engineering Inc. (NASDAQ: EXFO, TSX: EXF) reported today record sales for the fiscal year ended August 31, 2008.

Financial Press Release Archive

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