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Alvarion Lowers Guidance for Q3 2012

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TEL AVIV, Israel--(BUSINESS WIRE)--

Alvarion®
Ltd. (NASDAQ: ALVR), a global provider of optimized
wireless broadband solutions addressing the connectivity, coverage and
capacity challenges of public and private networks, today announced that
it expects revenues for the third quarter of 2012 to be approximately
$27 million, below the guidance previously provided of revenues between
$31 million and $39 million. The shortfall in revenues was the result of
significant shipments postponed from the current quarter to the fourth
quarter of 2012, primarily from two Carrier Licensed customers, one
based in Latin America and another in Central Eastern Europe; and a
significant order delayed from the current quarter to the fourth quarter
of 2012 from a Carrier Wi-Fi customer based in Africa. In addition, the

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Posted-In: Earnings News Guidance Asset Sales Management Global

 

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