WASHINGTON (dpa-AFX) - Arris Group Inc. (ARRS) released earnings for its third quarter that climbed from last year.
The company said its bottom line climbed to $146.70 million, or $0.77 per share. This was up from $83.68 million, or $0.56 per share, in last year's third quarter.
Analysts had expected the company to earn $0.76 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 41.8% to $1.73 billion. This was up from $1.22 billion last year.
Arris Group Inc. earnings at a glance:
-Earnings (Q3): $146.70 Mln. vs. $83.68 Mln. last year. -Earnings Growth (Y-o-Y): 75.3% -EPS (Q3): $0.77 vs. $0.56 last year. -EPS Growth (Y-o-Y): 37.5% -Analysts Estimate: $0.76 -Revenue (Q3): $1.73 Bln vs. $1.22 Bln last year. -Revenue Change (Y-o-Y): 41.8%
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