JDSU Updates Sales Outlook
JDS Uniphase announces current quarter outlook; anticipates sales will be $325 million
September 24, 2001
San Jose, Calif. -- JDS UniphaseCorporation (Nasdaq: JDSU and TSE: JDU) today announced its sales outlookfor the current quarter. The Company anticipates sales for its first quarterending September 29, 2001 will be approximately $325 million."While forecasting continues to be difficult in the current environment, webelieve our ability to predict future sales has begun to improve,” saidJozef Straus, Co-Chairman, President and CEO. “In this time of change anduncertainty, we are continuing to work closely with our customers to helpthem prepare for new generations of products and to respond to thechallenges ahead. And while the downturn in our markets has not yetreversed, we believe we are beginning to see the early signs ofstabilization at levels from which our industry can grow in the future."JDS Uniphase Inc.
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