SMART Updates Financial Outlook and Announces Strategic Review

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SMART Technologies (SMT) to Resume Trading at 9 AM EDT

October 9, 2015 8:39 AM EDT

SMART Technologies (NASDAQ: SMT) to Resume Trading at 9 AM EDT

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SMART Technologies (SMT) Reduces FY16 Outlook; Will Consider Strategic Alternatives

October 9, 2015 8:33 AM EDT

SMART Technologies (NASDAQ: SMT) provided an update on its financial outlook for the balance of fiscal 2016, and announced its intent to embark on a strategic review.

Although new solutions are generating a growing share of total revenue, sales from SMART kapp are growing at a slower rate than originally envisaged, and as a result, the outlook for fiscal 2016 will be weaker than anticipated. Additional information will be provided in the... More