Calnex Solutions (LON:CLX) Releases Quarterly Earnings Results

Calnex Solutions (LON:CLX) posted its quarterly earnings results on Tuesday. The company reported GBX 0.83 EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 2,188 million during the quarter. Calnex Solutions had a return on equity of 2.30% and a net margin of 3.27%.

Calnex Solutions Stock Up 3.6%

CLX opened at GBX 75.49 on Tuesday. The company has a debt-to-equity ratio of 4.06, a current ratio of 4.38 and a quick ratio of 3.22. The business has a 50 day simple moving average of GBX 57.30 and a 200-day simple moving average of GBX 52.15. The stock has a market capitalization of £66.43 million, a P/E ratio of 109.41 and a beta of 1.02. Calnex Solutions has a 12 month low of GBX 40 and a 12 month high of GBX 88.40.

About Calnex Solutions

Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecoms, cloud computing and defence industries. Calnex’s portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecoms and cloud computing networks and the applications that run on it.

To date, Calnex has secured and delivered orders in 68 countries across the world.