Thursday, September 30, 2004

Redback Trims Q3 Revenue Outlook

Redback Networks trimmed its financial expectations for Q3, saying it now expects revenue for the fiscal quarter ended September 30, 2004 to be between $20 million to $22 million. The company said that while it has seen momentum for its next-generation SmartEdge platform by some of the top telecommunications carriers and service providers in the world, it also experienced a delay in customer orders and, in particular, a softness in orders for its SMS family of products and in North America. http://www.redback.com