LTX Predicts Fiscal 2Q Loss

After posting a first-quarter loss and lower revenue, LTX forecast a loss of 4 cents to 7 cents per share for the second quarter, on revenue of $28 million to $32 million.

Analysts, on average, predict a loss of a penny per share on sales of $34.5 million, according to a poll by Thomson Financial.

Shares fell 12 cents, or 4.4 percent, to $2.63 in after-hours electronic trading. The stock had closed up 24 cents, or 9.6 percent, at $2.75 in the regular session.