Brief: Spectra7 announces preliminary Q4 2015 financial results

Spectra7 Microsystems

21/01/2016 12:30

Jan 21 (Reuters) - Spectra7 Microsystems Inc  SEV.TO : 
 * Announces preliminary fourth quarter 2015 financial results 
 * Says expects to report revenue of approximately $1.6 million for the fourth 
   quarter of 2015 
 * Gross margin 1 as a percentage of revenue for the fourth quarter expected to 
   be approximately 46%, down 15% from prior quarter 
 * Expects pre-production costs to decrease, gross margins to increase as 
   production levels ramp up during Q1 2016 
 * Source text for Eikon  urn:newsml:reuters.com:*:nCCN61rsH9 
 * Further company coverage  SEV.TO   
 
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