(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
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
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