Calnex Solutions (LON:CLX) Releases Quarterly Earnings Results

Calnex Solutions (LON:CLXGet Free Report) announced its earnings results on Tuesday. The company reported GBX 0.83 earnings per share for the quarter, Digital Look Earnings reports. Calnex Solutions had a return on equity of 2.30% and a net margin of 3.27%.The company had revenue of GBX 2,188 million for the quarter.

Calnex Solutions Trading Up 3.6%

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

About Calnex Solutions

(Get Free Report)

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.

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