Spirent Expects FY Adj. Operating Profit Similar To 2023 – Quick Facts
From Nasdaq.: 2025-01-17 02:22:48
Spirent Communications plc issued a Trading Update for the financial year ended 31 December 2024. Full year adjusted operating profit is expected to be similar to 2023, with revenue closing at approximately $460 million compared to $474 million the prior year. Revenue growth in the fourth quarter and for the second half of the year was 5 percent. Despite ongoing challenging market conditions, fourth quarter trading saw a strong uptick in order growth compared to the same period in 2023, with second half order growth mitigating the weaker first six months.
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