was halted in after-hours trading. The company after the close said revenue for the December quarter would grow 5% to 7% over the preceding quarter, down from its previous forecast of 12% growth. The company blamed a slowdown in bookings from several large North American customers. The stock rose 4.2% in the regular session.
was halted in after-hours trading as the company reduced its earnings and revenue forecasts. Citing a downturn in the telecom sector, the company predicted a second-quarter loss of 19 cents to 23 cents a share, down from the previous estimate of a loss of 7 cents to 9 cents. The stock rose 3.4% in the regular session.