StorageTek Cuts Forecast | eWeek

StorageTek Cuts Forecast

Written By
eWEEK EDITORS
eWEEK EDITORS
Jul 12, 2004
1 minute read
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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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