Jan 9 British telecoms testing company Spirent
Communications Plc estimates full-year revenue to fall
about 14 percent due to lower-than-expected demand from the
United States in the fourth quarter.
The company, which tests ethernet networks and 3G and 4G
wireless networks and devices, expects revenue to fall to about
$413.0 million in the full year ended Dec. 31 from $472.4
million a year earlier.
Spirent Communications also estimates fourth-quarter revenue
of about $115.0 million, at the lower end of its forecast.
The London-listed company had cut its fourth-quarter revenue
forecast in October due to a delay in customers taking delivery
of its products.
Spirent Communications also said it was looking at selective
acquisitions to allow the company to return to growth.
Shares in the company were down 4 percent at 95.15 pence at
0806 GMT on the London Stock Exchange.