SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 1, 2004--Redback Networks Inc. (Nasdaq:RBAK) today announced that it preliminarily expects revenue for the fiscal quarter ended September 30, 2004 to be between $20 million to $22 million.
"While we have seen tremendous momentum for next-generation deployments of our SmartEdge(R) platform by some of the top telecommunications carriers and service providers in the world, we experienced a delay in customer orders and, in particular, a softness in orders for our SMS(TM) family of products and in North America," said Kevin DeNuccio, president and chief executive officer, Redback Networks. "Although I am disappointed in our revenue for this quarter, after a year of consistent growth, I am confident that our market and product strategy is on target."
The full financial details of the quarter's results will be presented at Redback's regularly scheduled fiscal third quarter 2004 results conference call on October 20, 2004 at 1:45 p.m. Pacific Time. Logistical details for the conference call will be announced soon.
Redback Networks Expects Lower Third Quarter 2004 Revenue
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