Its about what I expected. I mean the customer with the sales decline is a 30% customer, and they intimated in last conf call that their best guess was that new customers would make up the difference by the September quarter...if things went right. We'll see what they say in the conf call, but it looks like they'll be back near they're recent revenue highs maybe by the December quarter. Of course we all know that new customer/program ramps can get pushed back.
A $10M (11%) net revenue hit because of the "slowdown from the large customer that began to reduce production levels in the second quarter". Makes me wonder how big this one customer is, and how much additional revenue is going to be lost due to its "reduced production levels"?