Oncology device developer RITA Medical Systems revised its guidance for the company's third quarter for fiscal 2005 (end-September 30).
Revenue for the third quarter is expected to range from $11.1 million to $11.3 million, versus the vendor's most recent revenue guidance of between $12 million and $12.3 million, according to the Fremont, CA-based firm.
The company said that although it experienced several unanticipated challenges during the third quarter, it now estimated a reduced net loss of between $200,000 and $1 million for the period.
By AuntMinnie.com staff writers
October 12, 2005
Related Reading
RITA delays Habib4X in U.S., September 27, 2005
RITA gets 510(k), August 19, 2005
Martinez joins RITA, August 18, 2005
RITA launches safety needle, August 16, 2005
RITA debuts new ports, July 28, 2005
Copyright © 2005 AuntMinnie.com
