C-Corundefined warned of a fiscal third-quarter sales shortfall Friday, but left fourth-quarter guidance unchanged.
The State College, Pa.-based cable infrastructure supplier says it will have an adjusted net loss of a dime a share on about $60.5 million in revenue for the quarter ended March 24.
Analysts had expected a 10-cents-a-share loss on sales of $65 million, according to
Looking ahead, the company expect its fiscal fourth-quarter numbers to be a pro forma loss of 3 cents a share on $69 million in sales. Those results are in line with analysts' estimates.
C-Cor will present its fiscal third-quarter earnings on April 20.
Shares of the cable systems shop were unchanged at $8.49 in premarket trading Friday.