Spirent Comms profit increases

SPIRENT Communications yesterday posted a 10 per cent rise in its full-year profit, helped by strength in its core performance analysis segment, but cautioned that the prevailing economic environment could hurt it in the short-term.

West Sussex-based Spirent, which tests telecom devices and wireless networking equipment, said pre-tax profit rose to $123.3m, from $112.2m a year earlier. Revenue climbed 10 per cent to $528.2m. Its performance analysis division revenue rose 14 per cent to $416.4m,helped by growth in wireless, positioning.