Imation Corp says that the combination of a strong US dollar, product transitions in the low-end tape backup segment, and continued competitive pressure will result in third quarter profits being below analysts expectations, and likely to fall in a range similar to its second quarter. The company will announce its results on October 30.
Imation Corp says that the combination of a strong US dollar, product transitions in the low-end tape backup segment, and continued competitive pressure will result in third quarter profits being below analysts expectations, and likely to fall in a range similar to its second quarter. The company will announce its results on October 30.
