Symmetricom cites declining government purchases in revenue view

theflyonthewall.com

Purchases of Symmetricom products by U.S. government customers declined further in the second quarter. In addition, wireline-related purchases by communications service providers have been soft, most notably in the United States. Partially offsetting this weakness in the quarter is continued strength in shipments of the company's QuantumTM SA.45s Chip Scale Atomic Clock.CSAC, a key growth initiative for the company.

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