Transwitch (TXCC) Cuts Q4 Sales Outlook Below the Street

January 6, 2012 4:26 PM EST
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Price: $0.23 --0%

Financial Fact:
Service revenues: 2.55M

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XYF, SQZB, RENO, More
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Transwitch (Nasdaq: TXCC) now sees Q4 sales of about $6.3 million, below the company's previous guidance of $7 million given on November 1st. The Street is currently looking for Q4 sales of $6.98 million.

The company cited "a contractual dispute on a service agreement with a North American customer."


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