OCZ Technology (OCZ) Cuts Q213 Sales Outlook

September 5, 2012 4:53 PM EDT
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OCZ Technology Group, Inc. (NASDAQ: OCZ), announced its preliminary revenue for the second quarter of fiscal year 2013 (Q2'13), which ended on August 31, 2012.

The Company expects preliminary revenue for the second fiscal quarter of 2013 to be approximately $110 to 120 million compared to the previously guided revenue range of $130 to $140 million. This preliminary revenue range compares to $113.6 million for the first fiscal quarter of 2013 and $78.5 million for the second fiscal quarter of 2012.

The Street sees revs of $134.4 million.

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