expects to lose a pro forma 8 cents or 9 cents a share in the fourth quarter on revenue of $13 million to $14 million.
The estimated loss is somewhat wider than the 5-cent loss analysts were expecting. The San Diego-based maker of storage connectivity products cited sluggish orders in November and December.
In the same quarter a year earlier, the company had revenue of about $31 million.
For all of 2001, JNI expects a pro forma loss of 2 or 3 cents a share on revenues of $75 million to $76 million.