Manufacturing Industry

REDLINE COMMUNICATIONS GROUP INC - Second Half of Fiscal 2007 Revenue Guidance.(Financial report)

PR Newswire UK Disclose, January, 2008

 
Redline Updates Second Half of Fiscal 2007 Revenue Guidance 
 
    /NOT FOR DISTRIBUTION IN THE UNITED STATES/ 
 
    All figures in U.S. Dollars unless specified 
 
    TORONTO, Jan. 4 /CNW/ - Redline Communications Group Inc. ("Redline" or 
"the Company"), (TSX/AIM: RDL) a leading provider of standards-based WiMAX and 
broadband wireless infrastructure products, today updated its revenue guidance 
for the second half of fiscal 2007. 
    For its fiscal 2007 fourth quarter, Redline now expects revenue of 
approximately $13 million, which would result in revenue of just below 
$27 million in the second half of 2007, an increase of close to 40% over the 
second half of fiscal 2006. Redline had previously projected second half 
fiscal 2007 revenue of $31 to $33 million. ...

            
        
    
    	    
                
                
	
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