Tuesday, June 5, 2007

UPDATE 1-Volterra says to post Q2 loss, cuts revenue view

(Reuters) - The low-voltage power supply chipmaker said the product
recall was due to a process defect with one of its vendors,
adding that it would take a $3 million to $4 million
second-quarter charge due to the defective process.




Volterra now expects to post a second-quarter loss of 4
cents to 7 cents a share, excluding items, on revenue of $18.5
million to $19.5 million.


Read more at Reuters.com Market News

No comments: