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Home - Archived Articles - Order delay expected to affect Spectrian results
Archived ArticlesCarriers

Order delay expected to affect Spectrian results

by Reily Gregson February 21, 2000
written by Reily Gregson February 21, 2000 Share
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SUNNYVALE, Calif.-Spectrian Corp. said forecasted orders for a product in its single carrier amplifier line have been delayed until later this year and will result in lower-than-expected revenues and earnings for the quarter ending March 31. The company said the problem is due to delays in a network buildout by Spectrian’s largest customer, which has affected the forecast under the terms of the demand-pull supply agreement between the two companies.

“While we are disappointed by these developments, the sales growth of our new multicarrier and broadband products remains strong,” noted Garrett Garrettson, president and chief executive officer of Spectrian. “Revised expectations for the current quarter are anticipated to be below current analyst estimates, but the outlook for the remainder of the calendar year is on track.”

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