MARKHAM – Cable and telecom equipment and services supplier Cygnal Technologies warned this morning that first quarter revenue will come in lower than last year but thanks to cost-cutting EBITDA is improved. Cygnal said today it expects consolidated revenues for the three months ended March 31, 2007 to be in the range of $26.5 to $27 million, compared to $30.5 million in the first quarter of fiscal 2006. On a segmented basis the revenue split is expected to be approximately 52% for Network Operations (Cygnal Network Solutions) and 48% for Communications Services (White Radio). These preliminary results represent the company's...
