Thursday, April 12, 2007

UPDATE 1-ECtel sees Q1 revenue below Wall St. view; shares fall

(Reuters) - The provider of integrated revenue management systems to telecommunication companies said the lower-than-expected revenue was due to delays in anticipated orders from some east European countries. It also said a large order from a European customer got postponed.

ECtel expects revenue of $3.4 million to $3.6 million for the quarter. Analysts' are expecting revenue of $7.5 million, according to Reuters Estimates.


Read more at Reuters.com Market News

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