* Q4 loss/shr $0.02
* Revenue falls 28 pct
* Sees Q1 sales $40 mln to $45 mln
* Sees Q1 loss/shr $0.02 to $0.06
Oct 13 (Reuters) - Canada’s EXFO Electro-Optical Engineering Inc (EXF.TO) posted a quarterly loss, hurt by restructuring charges and lower sales volume caused by the recession, and forecast a first-quarter loss.
For the fourth quarter ended Aug. 31, the company reported a loss of $1.2 million, or 2 cents a share, compared with net income of $3.3 million, or 5 cents a share, a year earlier.
Sales declined 28 percent to $36.5 million.
Analysts on average were expecting loss of 5 cents a share, on revenue of $36.5 million, according to Thomson Reuters I/B/E/S.
The company said its fourth quarter included $1.2 million in restructuring charges and $1.1 million in amortization of intangible assets.
For the first quarter of 2010, EXFO expects a net loss of 2 cents to 6 cents a share on sales of $40 million to $45 million.
Shares of the Quebec-based company closed at C$3.80 Tuesday on the Toronto Stock Exchange. (Reporting by Koustav Samanta in Bangalore; Editing by Pradeep Kurup)