Sunrise Telecom(R) Provides Preliminary Fourth Quarter Results, Exceeds Guidance
SAN JOSE, Calif., Jan. 22 /PRNewswire-FirstCall/ -- Sunrise Telecom® Incorporated (Pink Sheets: SRTI), a leader in test and measurement solutions for telecom, wireless and cable networks, today announced preliminary results for the fourth quarter 2009. The company now expects its fourth quarter revenues to be above its previous guidance of $10 to $13.5 million provided November 4, 2009. The company also expects to be profitable for the fourth quarter.
Sunrise Telecom plans to announce results for the 2009 fourth quarter and full year on February 3, 2010 after the market closes.
About Sunrise Telecom Incorporated
Sunrise Telecom develops and delivers high-quality communications test and measurement solutions for telecom, cable and wireless networks. The Company's robust portfolio of feature-rich, easy-to-use products enables service providers to deliver premium voice, video, data and next-generation digital multimedia services quickly, reliably, and cost-effectively. Based in San Jose, California, Sunrise Telecom distributes its products through a direct sales force and a global network of sales representatives and distributors. For more information, visit http://www.sunrisetelecom.com or email [email protected].
SUNRISE TELECOM, the "S" logo, and other trademarks are trademarks of Sunrise Telecom Incorporated and may not be used without permission.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, sales revenue and profitability expectations for the fourth quarter of 2009. These forward-looking statements are subject to many risks and uncertainties that could cause actual results to differ materially from those projected. Specific factors that may cause results to differ include the following: Sunrise Telecom's dependence on a limited number of major customers; deferred or lost sales resulting from order cancellations or order changes; Sunrise Telecom's ability to manage growth and slowdowns; and ineffective internal controls requiring remediation Some of these risks and uncertainties are described in more detail in Sunrise Telecom's reports including, but not limited to, its Annual Report on Form 10-K for the period ended December 31, 2008 filed with the SEC, its Quarterly Report on Form 10-Q for the period ended March 31, 2009 filed with the SEC, and its quarterly reports for the periods ended June 30, 2009 and September 30, 2009 filed with Pink Sheets. Sunrise Telecom assumes no obligation to update the forward-looking statements included in this press release.
SOURCE Sunrise Telecom Incorporated
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