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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Kaliico who wrote (77421)10/14/2002 6:01:42 AM
From: 2MAR$  Respond to of 208838
 
ADC <ADCT.O> reiterates Q4, '03 guidance

MINNEAPOLIS, Oct 14 (Reuters) - Telecoms equipment maker ADC
Telecommunications Inc. on Monday reiterated its fourth-quarter
guidance and outlook for 2003.
The guidance, given on August 22, called for fourth-quarter
revenues of around $200 million and a loss of between 7 cents
and 9 cents.
ADC currently expects a sequential improvement in diluted
earnings per share after the first quarter of fiscal 2003.
Results in this outlook exclude non-cash stock compensation
expenses, non-recurring charges or credits, and restructuring
and valuation charges.
((David Brinkerhoff, New York Equities Desk +646 223 6000))
REUTERS
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