Orckit (ORCT) Reports Q1 Loss of $0.27; Increases FY11 Revs Outlook
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Orckit Communications Ltd (NASDAQ: ORCT) reported Q1 loss of ($0.27), versus ($0.37) reported last year. Revenue for the quarter came in at $4.56 million, versus $1.63 million reported last year.
Increases FY2011 revenue to about $28 million, versus prior guidance of $25 million.
Increases FY2011 revenue to about $28 million, versus prior guidance of $25 million.
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