AMSC is downgrading its guidance for the 2010 fiscal year, as a result of its takeover of The Switch.. Due primarily to anticipated one-time costs related to the acquisition, AMSC is reducing its net income guidance from $48m-50m to $44m-46m for the year ending March 31, 2011. Revenues are expected to be towards the lower end of its $430m-440m forecast range..
Switch acquisition leads to income guidance downgrade
17 March 2011 23:00 GMT
Updated
25 November 2012 15:27 GMT