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TranSwitch (TXCC) cuts Q4 guidance due to a contractual dispute on a service agreement with one...
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Friday, January 6, 2012, 4:42 PM ETTranSwitch (TXCC) cuts Q4 guidance due to a contractual dispute on a service agreement with one of its North American customers. It now says revenue will come in roughly around $6.3M, below prior guidance and Street estimates of $7M. Shares -8.8% AH.
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