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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: akmike who wrote (1590)5/18/2006 7:46:37 PM
From: Rob Preuss  Read Replies (1) of 1762
 
REUTERS UPDATE 1-TABLE-Stratex Networks posts Q4 profit

Thu May 18, 2006 5:39 PM ET
(Adds outlook and estimates)

STRATEX NETWORKS INC. (STXN.O: Quote, Profile, Research)
Latest Forecast* No. of Yr ago

                                        analysts   qtr
 EPS (diluted, $/shr)      0.03     --       --      -0.14 
 Net ($ million)            3.3     --       --      -13.3 
 Net Sales ($ million)     64.0    62.3       7       41.1
*Source: Reuters Estimates

-- The provider of wireless transmission systems said the
fourth-quarter results reflect a non-cash charge of $60,000
related to its restricted stock plan.

-- For the latest fourth quarter, seven analysts on average
had expected the company to earn 2 cents a share, excluding any
exceptional items, according to Reuters Estimates.

-- The company said it expects to earn 2 cents to 4 cents a
share on revenue of $62 million to $66 million for the first
quarter.

-- For the first quarter, five analysts expect the company
to earn 3 cents a share, excluding special items, on revenue of
$63.3 million, according to Reuters Estimates.
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