StorageTek Cuts Forecast

 
 
By eweek  |  Posted 2004-07-12 Email Print this article Print
 
 
 
 
 
 
 

An unexpected second-quarter order decline cuts revenue expectations.

Storage Technology Corp. last week announced expectations of second-quarter revenue between $510 million and $520 million. Analysts predict revenue of $549.44 million, according to First Call.

The company said its revenue shortfall came from unexpected order decline in the last two weeks of the quarter.

Read the full story at Smartmoney.com

 
 
 
 
 
 
 
 
 
 
 

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