ATI updates Q4 revenue expectations, down over US$70mil
Quote:
ATI has issued a Q4 financial update, revising its predicted revenue figures. The bad news is, their initial predictions were off the mark by a considerable amount.
Q4 revenues were expected to be in the region of $550 - $580 million US, which was predicted on June 23, 2005, but the update says ATI now expects revenues to the more like $465 - $480 million US, a drop of around $70 million US.
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