Wonder of wonders! Symmetricom now expects Q103 revenue to be within or slightly above the high end of guidance range
September 27, 2002
SAN JOSE, Calif. -- Symmetricom, Inc. (Nasdaq:SYMM), a leading supplier of network synchronization and timing solutions for the global telecommunications industry, today said that it expects revenue for its fiscal first quarter of 2003, ending September 30, 2002, will be within or slightly above the high end of the company's previously provided $13 million to $18 million revenue guidance range. Revenue for the quarter is now expected to be between $17.5 million and $18.5 million. Net loss per share is expected to be in the favorable end of the previously provided guidance range of $(0.11) to $(0.18). Net loss per share is now expected to be between $(0.12) and $(0.15), excluding an estimated $(0.01) investment write-down. Guidance was previously given in the company's fiscal Q4, 2002 earnings conference call held on July 31, 2002. Symmetricom Inc.
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