Spirent Sees Weaker Demand in Q3

Spirent trimmed its financial guidance for Q3 saying demand levels dipped sharply as a result of merger activity and delays in capital expenditure.  The weakened demand primarily impacted its Networks and Applications business.

Spirent now expects revenues for the third quarter to be slightly below $110.0 million compared to $107.7 million last year.

http://otp.investis.com/generic/regulatory-story.aspx?cid=486&newsid=450377