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ADC
ADC Updates Financial Outlook for Fiscal Year 2008
August 8th, 2008
ADC (NASDAQ: ADCT)(www.adc.com) announced an update to its financial outlook for its fiscal year 2008 ending October 31, 2008. These updated estimates are subject to the completion of ADC's actual financial results for the fiscal 2008 third quarter and year. ADC is scheduled to announce financial results on September 4, 2008 for its third quarter ending August 1, 2008. At this time, ADC currently expects sales from continuing operations for fiscal 2008 to be in the range of $1.500-$1.520 billion. Previous annual guidance provided on June 4, 2008 was that ADC's fiscal 2008 sales would be in the range of $1.520-$1.540 billion. ADC now expects to have year-over-year sales...
Source: Health Business Week (2008-08-08)
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