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Planar Systems (PLNR) Lowers Q2 Outlook; Sees FY12 Revs Lower than Views, Narrower Loss

April 5, 2012 6:33 AM EDT
Planar Systems, Inc. (Nasdaq: PLNR), issued preliminary Q2 results.

Sees revs of $38 million and a non-GAAP loss of 15 cents to 20 cents per share. The Street sees revs of $46.8 million and a loss of 14 cents per share.

For fiscal 2012, revs should be $175 million to $185 million with non-GAAP loss of 28 cents to 33 cents per share. The Street sees revs of $198 million and loss of 44 cents per share.


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