Connect, a software developer for
e-commerce, said it would post revenues this quarter in the $1.5
million to $1.7 million range, compared with revenues of $2.25 million
reported for the previous quarter. The Mountain View, California-based
company also said it has hired investment banking firm Alliant Partners to
assist "in evaluating opportunities to enhance stockholder value through
strategic relationships, including those that could lead to the sale of the
company."
Tech Industry
Short take: Connect warns of lower revenues
Connect, a software developer for e-commerce, said it would post revenues this quarter in the $1.5 million to $1.7 million range, compared with revenues of $2.25 million reported for the previous quarter. The Mountain View, California-based company also said it has hired investment banking firm Alliant Partners to assist "in evaluating opportunities to enhance stockholder value through strategic relationships, including those that could lead to the sale of the company."
Discuss: Short take: Connect warns of lower revenues
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