Short: Crosscom Q3 below expectations
CrossCom announced that its revenue, approximately $10.8 million, would be below expectations for the third quarter ending September 30, reflecting lower North American sales. The company also announced a new business unit, the Enterprise Products Division, to provide customers with ATM high-speed backbone connectivity using its CrossLAN Exchange, designed to provide high-speed access to high-capacity servers.
announced that its revenue, approximately $10.8 million, would be below expectations for the third quarter ending September 30, reflecting lower North American sales. The company also announced a new business unit, the Enterprise Products Division, to provide customers with ATM high-speed backbone connectivity using its CrossLAN Exchange, designed to provide high-speed access to high-capacity servers.