TranSwitch expects Q2 rev to be $6M

By siliconindia   |   Wednesday, 02 July 2003, 19:30 IST
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SHELTON: TranSwitch (NASDAQ:TXCC), a developer and global supplier of innovative high-speed VLSI solutions for communications applications, Wednesday announced that it expects second quarter net revenues to be approximately $6.0 million, as compared to the previous guidance of $4.5 million to $5.0 million. Stronger European demand for the Company's DSL product line contributed to the better than expected net revenues this quarter. Net revenues for the third quarter, 2003 are estimated to be in the $4.5 million range. Additional information will be provided as part of the Company's second quarter financial conference call.