Liberate Technologies has revised downwards its expected first quarter revenues, which are due to be released
Liberate Technologies has revised downwards its expected first quarter revenues, which are due to be released on 26 September. The interactive TV specialist now expects revenue for the three months ending 31 August to be between $12m (#7.7m) and $14m compared with earlier estimates of $20-$22m. The firm is restructuring and expects to achieve profitability by the end of May next year.

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