Waiting until after the market closed on Tuesday, Integrated Systems Inc warned that net income for the first quarter of fiscal 1998 should be between $0.01 and $0.03 per share, on revenue of $24.5m to $25.5m. Analysts were expecting $0.06 per share for the quarter. The company blames product transitions for the shortfall. In April, […]
Waiting until after the market closed on Tuesday, Integrated Systems Inc warned that net income for the first quarter of fiscal 1998 should be between $0.01 and $0.03 per share, on revenue of $24.5m to $25.5m. Analysts were expecting $0.06 per share for the quarter. The company blames product transitions for the shortfall. In April, Integrated reported fourth-quarter net income of $0.11 per share on revenue of $29.4m (CI No 3,135).
