Xyratex (XRTX) Issues Q3 Warning
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Xyratex Ltd (Nasdaq: XRTX) announced selected preliminary financial results for its fiscal third quarter, which ended August 31, 2012.
The Company expects revenue for the third quarter of 2012 to be between $271 million and $276 million compared to the previously guided revenue range of $313 million to $373 million.
The Street sees revs of $344.6 million.
The Company expects gross margin to be between 18.0% and 18.5%.
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The Company expects revenue for the third quarter of 2012 to be between $271 million and $276 million compared to the previously guided revenue range of $313 million to $373 million.
The Street sees revs of $344.6 million.
The Company expects gross margin to be between 18.0% and 18.5%.
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