Xcerra (XCRA) Lowers Q4 Revenue Guidance

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Xcerra Updates Guidance for Q4FY15

June 18, 2015 10:15 AM EDT

NORWOOD, Mass., June 18, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (Nasdaq: XCRA), today announced an update to its previously announced guidance for the Company's fourth fiscal quarter ending July 31, 2015. Due to the potential sale of the Company's semiconductor test interface board business based in Santa Clara, CA (the "Interface Board Business") pursuant to a non-binding letter of intent as described in a prior announcement, the Interface Board Business will be treated as a discontinued operation. Accordingly, the Company is hereby revising its fourth quarter fiscal 2015 guidance, which no longer includes the financial performance of the Interface Board Business,... More