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BRIEF-Spectra7 Announces Third Quarter 2019 Financial Results

Published 2019-11-06, 09:11 a/m
© Reuters.  BRIEF-Spectra7 Announces Third Quarter 2019 Financial Results

Nov 6 (Reuters) - Spectra7 Microsystems Inc SEV.TO :

* SPECTRA7 ANNOUNCES THIRD QUARTER 2019 FINANCIAL RESULTS

* SPECTRA7 MICROSYSTEMS INC - QTRLY REVENUE OF ABOUT $1.4 MILLION, UP 27%

* SPECTRA7 MICROSYSTEMS - EXPECTS CONTINUED STRENGTH IN DATA CENTER MARKET, IT ALSO ANTICIPATES SOFTNESS IN ITS TETHERED VR BUSINESS IN Q4

* SPECTRA7 MICROSYSTEMS- EBITDA LOSS OF ABOUT $1.4 MILLION DURING QUARTER, $0.3 MILLION IMPROVEMENT FROM THE SAME PERIOD IN PRIOR YEAR

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