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The latest update is out from Spirent Communications ( (GB:SPT) ).
Spirent Communications reported that its first-quarter performance for 2025 was in line with expectations, maintaining strong order books and a solid cash position of $149 million. The company highlighted a significant contract win in its Positioning business, simulating the lunar environment, and noted strong demand for high-speed Ethernet and AI solutions. Spirent is also navigating tariff changes and remains focused on mitigating potential impacts on customer buying patterns. Additionally, the company is progressing with the recommended cash offer by Keysight Technologies, with regulatory clearances being obtained and the transaction expected to complete by the third quarter of Keysight’s fiscal year.
More about Spirent Communications
Spirent Communications plc is a leading global provider of automated test and assurance solutions for networks, cybersecurity, and positioning. The company offers innovative products, services, and managed solutions that address the challenges of new technologies such as 5G, AI, cloud, and autonomous vehicles, helping companies deliver on their promise of a new generation of connected devices and technologies.
Average Trading Volume: 2,461,625
Technical Sentiment Signal: Buy
Current Market Cap: £1.06B
See more insights into SPT stock on TipRanks’ Stock Analysis page.