Site icon Converge Digest

Metalink Cuts Q3 Outlook Citing Prolonged VDSL Trials in Japan

Metalink trimmed its third quarter revenue estimates and now expects revenue to be in the range of $4.7 million to $5.0 million, an increase of about 40% compared to Q3 2003, but an approximate 19% decrease compared to Q2 2004. The company attributed the lower than expected revenue to a continuation of trials by Japanese carriers beyond previous indications from our customers, and to a lesser extent, a greater than anticipated seasonality effect in Europe. Metalink said it still views Japan’s VDSL market as a very important growth opportunity in 2004 and beyond. http://www.MetalinkBB.com

Exit mobile version