Stonesoft warns profits may dwindle

Finnish company blames spending slowdown in US and Europe...

By Pia Heikkila, 17 July 2001 15:15

NEWS Finnish security company Stonesoft has issued a second quarter profit warning resulting from lowered customer demand in its StoneBeat product family. The company said declines in orders in the US and Europe has caused the slowdown in revenues. Stonesoft also blames the current downturn in the US for a dent in its Network Business division. Stonesoft will publish a more detailed estimate of this year's financial outlook in the interim report for the second quarter on 2.8.2001

Post your comment

In order to post a comment you need to be registered and logged in.

Log in or create your silicon.com account below

Will not be displayed with your comment

By signing up for this service, you indicate that you agree to our Terms and Conditions and have read and understood our Privacy Policy.

Questions about membership? Find the answers in the Membership FAQ