03:53 PM EST - COM DEV International Ltd. : announced preliminary financial results for the three-month period ended July 31. Management currently expects third-quarter results to be as follows: Revenues of approximately $52 million; net loss of approximately $1.7 million; new orders of approximately $47 million; backlog of approximately $123 million at July 31, 2010, plus an additional $21 million in expected follow-on orders. Management now expects annual revenues for fiscal 2010 to be approximately 5% lower than fiscal 2009 revenues. This compares to previous guidance of minimal revenue growth. COM DEV International Ltd.
shares T.CDV are trading down $0.25 at $1.70.
