IONA anticipates larger loss

IONA said that it anticipated a larger loss than expected and cut its revenue forecast following the company's preliminary first quarter results.

Mon, 07 Apr, 2003 - 11:17

IONA said that it anticipated a larger loss than expected and cut its revenue forecast following the company's preliminary first quarter results.

It now expects to report total revenues in the range of $16.5m (€15.6m) to $17m (€16m).

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