Opinion on  Airspan Networks Inc. (AIRN)     Sector: Technology  >  Industry: Communications Equipment
Airspan Networks Q3 net loss US$7.75 million or US$0.13 per share...down to 0,10 $

DOWN to 0,10 $ it´s good for superpenny-trade 0,08/0,10$ - 0,22$ + 200% Airspan Networks Q3 Loss Narrows; Revises FY08 Revenue Outlook (RTTNews) - Airspan Networks Inc. (AIRN) reported a net loss for the third quarter of US$7.75 million or US$0.13 per share, compared to a net loss of US$9.91 million or US$0.24 per share in the same quarter a year-ago. Quarterly total revenue declined to US$17.79 million from US$22.47 million in the corresponding quarter last year. Analysts polled by First Call/Thomson Financial expected the company to report a loss of US$0.10 per share on revenues of US$23.75 million. Looking ahead, the company revised its full year 2008 revenue outlook to around US$80 million, due to capital expenditure environment has tightened in the last few months. Street analysts estimate revenue of US$89.62 million. For comments and feedback: contact editorial@rttnews.com