Source Pravda.Ru

Avanex Corp. announces second-quarter outlook decrease, files complaint against 3S

Avanex Corp. announced decrease of its second-quarter outlook because of premature termination of an exclusive distribution agreement by France 's 3S Photonics.

The company said that it had filed an arbitration complaint against 3S Photonics

Now Avanex predicts revenue of $51 million to $53 million – about 5 millions dollars lower then earlier.

Avanex supplies components that increase the speed and capacity of fiber-optic communications networks.

Comments
Russia delivers S-300 air defense systems to Syria?
Russia delivers S-300 air defense systems to Syria?
War between USA and Russia will break out only if Americans cross Russia’s red lines
Defending the Social Media with the four-letter word
Defending the Social Media with the four-letter word
War between USA and Russia will break out only if Americans cross Russia’s red lines
Defending the Social Media with the four-letter word
Defending the Social Media with the four-letter word
Yulia Skripal received toxic chemical injection while in a coma, Russian embassy officials say
Sarkozy's crocodile tears (and his last dream is broken)
Russian stock market, national currency collapse because of US sanctions
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Russian origin of Peruvian elongated skulls?
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
Russia delivers S-300 air defense systems to Syria?