Laser designer Rofin-Sinar Technologies (RSTI -10%) FQ4 easily beat estimates, but the stock...


Laser designer Rofin-Sinar Technologies (RSTI -10%) FQ4 easily beat estimates, but the stock takes a hit after the company issues a cautious view for the current quarter. It now projects revenues to be in the range of $137M - $142M, sharply lower than analysts expectations. The company cites a sales slowdown in the Asian markets, particularly tightening in credit in China, for the reduced guidance.
 

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